Hubei Heyuan GasLtd Past Earnings Performance
Past criteria checks 2/6
Hubei Heyuan GasLtd's earnings have been declining at an average annual rate of -0.2%, while the Chemicals industry saw earnings growing at 8.1% annually. Revenues have been growing at an average rate of 21% per year. Hubei Heyuan GasLtd's return on equity is 6.2%, and it has net margins of 5.2%.
Key information
-0.2%
Earnings growth rate
-6.7%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 21.0% |
| Return on equity | 6.2% |
| Net Margin | 5.2% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses Breakdown
How Hubei Heyuan GasLtd 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 | 1,606 | 83 | 123 | 40 |
| 31 Dec 23 | 1,655 | 84 | 126 | 38 |
| 30 Sep 23 | 1,560 | 86 | 113 | 30 |
| 30 Jun 23 | 1,335 | 74 | 125 | 29 |
| 31 Mar 23 | 1,425 | 79 | 138 | 21 |
| 01 Jan 23 | 1,322 | 74 | 135 | 21 |
| 30 Sep 22 | 1,212 | 83 | 147 | 24 |
| 30 Jun 22 | 1,218 | 89 | 144 | 23 |
| 31 Mar 22 | 1,087 | 95 | 140 | 22 |
| 01 Jan 22 | 992 | 90 | 139 | 20 |
| 30 Sep 21 | 940 | 84 | 119 | 19 |
| 30 Jun 21 | 935 | 93 | 123 | 19 |
| 31 Mar 21 | 931 | 97 | 132 | 17 |
| 31 Dec 20 | 824 | 87 | 122 | 16 |
| 30 Sep 20 | 794 | 81 | 145 | 16 |
| 30 Jun 20 | 714 | 81 | 130 | 14 |
| 31 Mar 20 | 622 | 78 | 125 | 15 |
| 31 Dec 19 | 666 | 85 | 138 | 16 |
| 30 Sep 19 | 647 | 86 | 138 | 18 |
| 30 Jun 19 | 648 | 84 | 141 | 16 |
| 31 Mar 19 | 622 | 77 | 135 | 16 |
| 31 Dec 18 | 625 | 75 | 133 | 18 |
| 31 Dec 17 | 575 | 45 | 120 | 17 |
| 31 Dec 16 | 406 | 41 | 85 | 12 |
| 31 Dec 15 | 304 | 20 | 69 | 8 |
Quality Earnings: 002971 has a high level of non-cash earnings.
Growing Profit Margin: 002971's current net profit margins (5.2%) are lower than last year (5.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002971's earnings have declined by 0.2% per year over the past 5 years.
Accelerating Growth: 002971's earnings growth over the past year (5.1%) exceeds its 5-year average (-0.2% per year).
Earnings vs Industry: 002971 earnings growth over the past year (5.1%) exceeded the Chemicals industry -17.2%.
Return on Equity
High ROE: 002971's Return on Equity (6.2%) is considered low.