Shandong Tongda Island New MaterialsLtd Past Earnings Performance
Past criteria checks 3/6
Shandong Tongda Island New MaterialsLtd's earnings have been declining at an average annual rate of -52.8%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been declining at an average rate of 4.7% per year. Shandong Tongda Island New MaterialsLtd's return on equity is 0.9%, and it has net margins of 1.5%.
Key information
-52.8%
Earnings growth rate
-52.8%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | -4.7% |
| Return on equity | 0.9% |
| Net Margin | 1.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Subdued Growth No Barrier To Shandong Tongda Island New Materials Co.,Ltd. (SZSE:300321) With Shares Advancing 29%
Oct 28
Shandong Tongda Island New MaterialsLtd's (SZSE:300321) Earnings Are Weaker Than They Seem
Sep 03More Unpleasant Surprises Could Be In Store For Shandong Tongda Island New Materials Co.,Ltd.'s (SZSE:300321) Shares After Tumbling 28%
Jul 23Shandong Tongda Island New Materials Co.,Ltd.'s (SZSE:300321) Popularity With Investors Is Under Threat From Overpricing
Jun 05Revenues Not Telling The Story For Shandong Tongda Island New Materials Co.,Ltd. (SZSE:300321) After Shares Rise 29%
Mar 06Revenue & Expenses Breakdown
How Shandong Tongda Island 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 | 367 | 6 | 25 | 15 |
| 30 Jun 24 | 375 | 16 | 24 | 13 |
| 31 Mar 24 | 341 | 4 | 22 | 13 |
| 31 Dec 23 | 329 | -8 | 22 | 13 |
| 30 Sep 23 | 335 | 0 | 21 | 13 |
| 30 Jun 23 | 354 | -10 | 22 | 16 |
| 31 Mar 23 | 411 | -1 | 22 | 17 |
| 01 Jan 23 | 464 | 11 | 23 | 17 |
| 30 Sep 22 | 518 | 1 | 28 | 20 |
| 30 Jun 22 | 546 | 3 | 28 | 19 |
| 31 Mar 22 | 547 | 2 | 30 | 18 |
| 01 Jan 22 | 520 | 3 | 30 | 17 |
| 30 Sep 21 | 486 | 18 | 23 | 18 |
| 30 Jun 21 | 444 | 20 | 24 | 18 |
| 31 Mar 21 | 418 | 18 | 26 | 20 |
| 31 Dec 20 | 409 | 20 | 26 | 20 |
| 30 Sep 20 | 416 | 27 | 28 | 21 |
| 30 Jun 20 | 424 | 30 | 28 | 22 |
| 31 Mar 20 | 460 | 40 | 26 | 23 |
| 31 Dec 19 | 456 | 39 | 25 | 23 |
| 30 Sep 19 | 463 | 37 | 29 | 24 |
| 30 Jun 19 | 468 | 34 | 27 | 24 |
| 31 Mar 19 | 457 | 34 | 26 | 23 |
| 31 Dec 18 | 469 | 29 | 26 | 24 |
| 30 Sep 18 | 448 | 28 | 22 | 23 |
| 30 Jun 18 | 441 | 26 | 11 | 34 |
| 31 Mar 18 | 435 | 21 | 20 | 27 |
| 31 Dec 17 | 437 | 24 | 24 | 22 |
| 30 Sep 17 | 445 | 25 | 31 | 16 |
| 30 Jun 17 | 440 | 28 | 50 | 0 |
| 31 Mar 17 | 436 | 31 | 48 | 0 |
| 31 Dec 16 | 432 | 33 | 48 | 0 |
| 30 Sep 16 | 420 | 29 | 44 | 0 |
| 30 Jun 16 | 416 | 26 | 42 | 0 |
| 31 Mar 16 | 442 | 35 | 42 | 0 |
| 31 Dec 15 | 453 | 35 | 43 | 0 |
| 30 Sep 15 | 474 | 35 | 44 | 0 |
| 30 Jun 15 | 493 | 35 | 45 | 0 |
| 31 Mar 15 | 497 | 30 | 44 | 0 |
| 31 Dec 14 | 491 | 29 | 41 | 0 |
| 30 Sep 14 | 491 | 27 | 42 | 0 |
| 30 Jun 14 | 472 | 28 | 38 | 0 |
| 31 Mar 14 | 457 | 28 | 37 | 0 |
| 31 Dec 13 | 437 | 27 | 36 | 0 |
Quality Earnings: 300321 has a large one-off gain of CN¥4.8M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 300321's current net profit margins (1.5%) are higher than last year (0.08%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300321's earnings have declined by 52.8% per year over the past 5 years.
Accelerating Growth: 300321's earnings growth over the past year (2021.8%) exceeds its 5-year average (-52.8% per year).
Earnings vs Industry: 300321 earnings growth over the past year (2021.8%) exceeded the Chemicals industry -5.3%.
Return on Equity
High ROE: 300321's Return on Equity (0.9%) is considered low.