Shandong Liancheng Precision Manufacturing Past Earnings Performance
Past criteria checks 0/6
Shandong Liancheng Precision Manufacturing's earnings have been declining at an average annual rate of -23%, while the Metals and Mining industry saw earnings growing at 12.1% annually. Revenues have been growing at an average rate of 11.1% per year.
Key information
-23.0%
Earnings growth rate
-24.5%
EPS growth rate
| Metals and Mining Industry Growth | 13.1% |
| Revenue growth rate | 11.1% |
| Return on equity | -0.02% |
| Net Margin | 0.004% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How Shandong Liancheng Precision Manufacturing makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 1,046 | 0 | 93 | 30 |
| 31 Dec 23 | 1,104 | 5 | 90 | 31 |
| 30 Sep 23 | 1,136 | 6 | 84 | 30 |
| 30 Jun 23 | 1,166 | -1 | 86 | 30 |
| 31 Mar 23 | 1,218 | 14 | 90 | 30 |
| 31 Dec 22 | 1,230 | 26 | 91 | 29 |
| 30 Sep 22 | 1,268 | 40 | 102 | 27 |
| 30 Jun 22 | 1,270 | 51 | 108 | 25 |
| 31 Mar 22 | 1,266 | 56 | 110 | 27 |
| 01 Jan 22 | 1,211 | 74 | 108 | 28 |
| 30 Sep 21 | 1,148 | 79 | 114 | 27 |
| 30 Jun 21 | 1,081 | 86 | 108 | 28 |
| 31 Mar 21 | 998 | 85 | 104 | 27 |
| 31 Dec 20 | 913 | 72 | 97 | 25 |
| 30 Sep 20 | 864 | 68 | 98 | 24 |
| 30 Jun 20 | 807 | 56 | 96 | 22 |
| 31 Mar 20 | 751 | 47 | 97 | 21 |
| 31 Dec 19 | 748 | 46 | 102 | 20 |
| 30 Sep 19 | 710 | 39 | 95 | 20 |
| 30 Jun 19 | 703 | 43 | 92 | 19 |
| 31 Mar 19 | 699 | 46 | 91 | 19 |
| 31 Dec 18 | 665 | 45 | 84 | 17 |
| 30 Sep 18 | 651 | 50 | 79 | 14 |
| 30 Jun 18 | 640 | 51 | 69 | 15 |
| 31 Mar 18 | 614 | 47 | 66 | 9 |
| 31 Dec 17 | 610 | 47 | 69 | 7 |
| 30 Sep 17 | 579 | 46 | 76 | 5 |
| 31 Dec 16 | 512 | 47 | 79 | 0 |
| 31 Dec 15 | 507 | 43 | 68 | 0 |
| 31 Dec 14 | 544 | 49 | 56 | 0 |
Quality Earnings: 002921 has a large one-off loss of CN¥12.2M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 002921's current net profit margins (0%) are lower than last year (1.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002921's earnings have declined by 23% per year over the past 5 years.
Accelerating Growth: 002921's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002921 had negative earnings growth (-99.7%) over the past year, making it difficult to compare to the Metals and Mining industry average (-1.2%).
Return on Equity
High ROE: 002921's Return on Equity (-0.02%) is considered low.