Zhejiang Kaier New MaterialsLtd Past Earnings Performance
Past criteria checks 3/6
Zhejiang Kaier New MaterialsLtd has been growing earnings at an average annual rate of 8.5%, while the Basic Materials industry saw earnings declining at 7.3% annually. Revenues have been growing at an average rate of 2.3% per year. Zhejiang Kaier New MaterialsLtd's return on equity is 6.6%, and it has net margins of 13.1%.
Key information
8.5%
Earnings growth rate
8.8%
EPS growth rate
| Basic Materials Industry Growth | 3.3% |
| Revenue growth rate | 2.3% |
| Return on equity | 6.6% |
| Net Margin | 13.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Zhejiang Kaier New Materials Co.,Ltd.'s (SZSE:300234) Shareholders Might Be Looking For Exit
Sep 30
Zhejiang Kaier New MaterialsLtd (SZSE:300234) Shareholders Will Want The ROCE Trajectory To Continue
Jun 07Zhejiang Kaier New MaterialsLtd's (SZSE:300234) Earnings Offer More Than Meets The Eye
Apr 09Zhejiang Kaier New Materials Co.,Ltd. (SZSE:300234) Stock Rockets 37% As Investors Are Less Pessimistic Than Expected
Mar 08Revenue & Expenses Breakdown
How Zhejiang Kaier 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 |
|---|---|---|---|---|
| 30 Sep 24 | 593 | 78 | 98 | 20 |
| 30 Jun 24 | 605 | 54 | 88 | 22 |
| 31 Mar 24 | 611 | 75 | 88 | 24 |
| 31 Dec 23 | 615 | 74 | 87 | 26 |
| 30 Sep 23 | 580 | 75 | 87 | 28 |
| 30 Jun 23 | 660 | 79 | 104 | 28 |
| 31 Mar 23 | 689 | 74 | 102 | 29 |
| 01 Jan 23 | 704 | 73 | 104 | 29 |
| 30 Sep 22 | 783 | 57 | 95 | 28 |
| 30 Jun 22 | 825 | 79 | 88 | 26 |
| 31 Mar 22 | 821 | 93 | 85 | 24 |
| 31 Dec 21 | 781 | 71 | 88 | 22 |
| 30 Sep 21 | 576 | 59 | 69 | 19 |
| 30 Jun 21 | 465 | 26 | 65 | 19 |
| 31 Mar 21 | 456 | 16 | 65 | 20 |
| 31 Dec 20 | 441 | 75 | 60 | 19 |
| 30 Sep 20 | 558 | 64 | 70 | 23 |
| 30 Jun 20 | 611 | 85 | 75 | 24 |
| 31 Mar 20 | 573 | 96 | 70 | 23 |
| 31 Dec 19 | 685 | 58 | 78 | 23 |
| 30 Sep 19 | 604 | -10 | 83 | 22 |
| 30 Jun 19 | 465 | -36 | 91 | 21 |
| 31 Mar 19 | 391 | -61 | 85 | 19 |
| 31 Dec 18 | 290 | -71 | 86 | 18 |
| 30 Sep 18 | 247 | -15 | 87 | 16 |
| 30 Jun 18 | 318 | -11 | 61 | 30 |
| 31 Mar 18 | 347 | -10 | 80 | 27 |
| 31 Dec 17 | 353 | -11 | 87 | 23 |
| 30 Sep 17 | 359 | 5 | 97 | 18 |
| 30 Jun 17 | 346 | 14 | 116 | 0 |
| 31 Mar 17 | 326 | 15 | 104 | 0 |
| 31 Dec 16 | 362 | 28 | 100 | 0 |
| 30 Sep 16 | 307 | 26 | 100 | 0 |
| 30 Jun 16 | 332 | 26 | 96 | 0 |
| 31 Mar 16 | 392 | 51 | 101 | 0 |
| 31 Dec 15 | 421 | 66 | 98 | 0 |
| 30 Sep 15 | 479 | 85 | 94 | 0 |
| 30 Jun 15 | 497 | 105 | 98 | 0 |
| 31 Mar 15 | 520 | 108 | 103 | 0 |
| 31 Dec 14 | 506 | 105 | 104 | 0 |
| 30 Sep 14 | 488 | 103 | 97 | 0 |
| 30 Jun 14 | 439 | 86 | 89 | 0 |
| 31 Mar 14 | 371 | 65 | 80 | 0 |
| 31 Dec 13 | 305 | 50 | 74 | 0 |
Quality Earnings: 300234 has a large one-off gain of CN¥39.7M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 300234's current net profit margins (13.1%) are higher than last year (12.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300234 has become profitable over the past 5 years, growing earnings by 8.5% per year.
Accelerating Growth: 300234's earnings growth over the past year (3.5%) is below its 5-year average (8.5% per year).
Earnings vs Industry: 300234 earnings growth over the past year (3.5%) exceeded the Basic Materials industry -22.9%.
Return on Equity
High ROE: 300234's Return on Equity (6.6%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 00:45 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zhejiang Kaier New Materials Co.,Ltd. is covered by 10 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Chao Fan | Changjiang Securities Co. LTD. |
| Xiaogang Zheng | China Merchants Securities Co. Ltd. |
| Yong Chao Xu | China Minzu Securities |