Zhejiang XinNong ChemicalLtd Past Earnings Performance
Past criteria checks 0/6
Zhejiang XinNong ChemicalLtd's earnings have been declining at an average annual rate of -12.9%, while the Chemicals industry saw earnings growing at 7.9% annually. Revenues have been growing at an average rate of 2.8% per year. Zhejiang XinNong ChemicalLtd's return on equity is 0.3%, and it has net margins of 0.4%.
Key information
-12.9%
Earnings growth rate
-17.2%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 2.8% |
| Return on equity | 0.3% |
| Net Margin | 0.4% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Zhejiang XinNong ChemicalLtd 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 |
|---|---|---|---|---|
| 30 Sep 23 | 892 | 4 | 157 | 63 |
| 30 Jun 23 | 1,031 | 28 | 154 | 67 |
| 31 Mar 23 | 1,214 | 76 | 151 | 71 |
| 31 Dec 22 | 1,248 | 101 | 150 | 70 |
| 30 Sep 22 | 1,291 | 142 | 143 | 72 |
| 30 Jun 22 | 1,247 | 144 | 148 | 72 |
| 31 Mar 22 | 1,201 | 143 | 145 | 75 |
| 01 Jan 22 | 1,163 | 138 | 140 | 76 |
| 01 Oct 21 | 1,150 | 145 | 131 | 74 |
| 30 Jun 21 | 1,137 | 153 | 122 | 72 |
| 31 Mar 21 | 1,129 | 148 | 115 | 66 |
| 31 Dec 20 | 1,194 | 175 | 112 | 62 |
| 30 Sep 20 | 1,205 | 171 | 119 | 58 |
| 30 Jun 20 | 1,217 | 167 | 126 | 54 |
| 31 Mar 20 | 1,152 | 161 | 122 | 52 |
| 31 Dec 19 | 1,086 | 155 | 119 | 50 |
| 30 Sep 19 | 1,035 | 149 | 112 | 51 |
| 30 Jun 19 | 984 | 144 | 104 | 52 |
| 31 Mar 19 | 975 | 136 | 104 | 50 |
| 31 Dec 18 | 967 | 128 | 104 | 48 |
| 30 Sep 18 | 942 | 125 | 75 | 70 |
| 30 Jun 18 | 917 | 121 | 81 | 58 |
| 31 Mar 18 | 863 | 99 | 88 | 46 |
| 31 Dec 17 | 808 | 76 | 94 | 35 |
| 30 Sep 17 | 755 | 64 | 123 | 0 |
| 30 Jun 17 | 701 | 51 | 116 | 0 |
| 31 Mar 17 | 650 | 45 | 113 | 0 |
| 31 Dec 16 | 599 | 39 | 110 | 0 |
| 30 Sep 16 | 569 | 36 | 108 | 0 |
| 30 Jun 16 | 539 | 33 | 105 | 0 |
| 31 Mar 16 | 538 | 35 | 103 | 0 |
| 31 Dec 15 | 537 | 38 | 101 | 0 |
| 30 Sep 15 | 541 | 37 | 98 | 0 |
| 30 Jun 15 | 545 | 37 | 96 | 0 |
| 31 Mar 15 | 542 | 92 | 95 | 0 |
| 31 Dec 14 | 539 | 147 | 94 | 0 |
| 31 Dec 13 | 533 | 43 | 89 | 0 |
Quality Earnings: 002942 has a large one-off gain of CN¥10.4M impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: 002942's current net profit margins (0.4%) are lower than last year (11%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002942's earnings have declined by 12.9% per year over the past 5 years.
Accelerating Growth: 002942's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002942 had negative earnings growth (-97.3%) over the past year, making it difficult to compare to the Chemicals industry average (-16.4%).
Return on Equity
High ROE: 002942's Return on Equity (0.3%) is considered low.