Guangdong Haomei New MaterialsLtd Past Earnings Performance
Past criteria checks 2/6
Guangdong Haomei New MaterialsLtd's earnings have been declining at an average annual rate of -21.6%, while the Metals and Mining industry saw earnings growing at 10.7% annually. Revenues have been growing at an average rate of 8.3% per year. Guangdong Haomei New MaterialsLtd's return on equity is 8.4%, and it has net margins of 3.6%.
Key information
-21.6%
Earnings growth rate
-26.4%
EPS growth rate
| Metals and Mining Industry Growth | 13.1% |
| Revenue growth rate | 8.3% |
| Return on equity | 8.4% |
| Net Margin | 3.6% |
| Next Earnings Update | 20 Aug 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Guangdong Haomei New MaterialsLtd 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 | 6,089 | 219 | 275 | 184 |
| 31 Dec 23 | 5,986 | 181 | 279 | 183 |
| 30 Sep 23 | 5,472 | -12 | 303 | 184 |
| 30 Jun 23 | 5,475 | -84 | 306 | 191 |
| 31 Mar 23 | 5,424 | -125 | 298 | 186 |
| 01 Jan 23 | 5,413 | -111 | 304 | 186 |
| 30 Sep 22 | 5,756 | 60 | 264 | 190 |
| 30 Jun 22 | 5,788 | 117 | 258 | 194 |
| 31 Mar 22 | 5,910 | 148 | 246 | 200 |
| 01 Jan 22 | 5,600 | 139 | 265 | 192 |
| 30 Sep 21 | 5,112 | 159 | 217 | 176 |
| 30 Jun 21 | 4,483 | 129 | 218 | 153 |
| 31 Mar 21 | 3,904 | 126 | 220 | 135 |
| 31 Dec 20 | 3,437 | 116 | 200 | 121 |
| 30 Sep 20 | 3,151 | 112 | 216 | 107 |
| 30 Jun 20 | 2,968 | 118 | 213 | 102 |
| 31 Mar 20 | 2,801 | 134 | 210 | 94 |
| 31 Dec 19 | 2,968 | 167 | 214 | 94 |
| 31 Dec 18 | 2,682 | 94 | 193 | 79 |
| 31 Dec 17 | 2,363 | 113 | 181 | 74 |
| 31 Dec 16 | 1,944 | 91 | 154 | 63 |
Quality Earnings: 002988 has high quality earnings.
Growing Profit Margin: 002988 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002988's earnings have declined by 21.6% per year over the past 5 years.
Accelerating Growth: 002988 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 002988 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-0.4%).
Return on Equity
High ROE: 002988's Return on Equity (8.4%) is considered low.