Hubei Forbon TechnologyLtd Past Earnings Performance
Past criteria checks 4/6
Hubei Forbon TechnologyLtd's earnings have been declining at an average annual rate of -2.7%, while the Chemicals industry saw earnings growing at 7.9% annually. Revenues have been growing at an average rate of 13.5% per year. Hubei Forbon TechnologyLtd's return on equity is 5.5%, and it has net margins of 7%.
Key information
-2.7%
Earnings growth rate
-3.8%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 13.5% |
| Return on equity | 5.5% |
| Net Margin | 7.0% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses Breakdown
How Hubei Forbon TechnologyLtd 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 | 1,117 | 79 | 133 | 47 |
| 31 Dec 23 | 1,049 | 72 | 123 | 42 |
| 30 Sep 23 | 1,004 | 70 | 112 | 32 |
| 30 Jun 23 | 934 | 59 | 107 | 28 |
| 31 Mar 23 | 898 | 59 | 102 | 28 |
| 01 Jan 23 | 848 | 54 | 99 | 28 |
| 30 Sep 22 | 766 | 44 | 95 | 28 |
| 30 Jun 22 | 728 | 39 | 92 | 28 |
| 31 Mar 22 | 694 | 29 | 88 | 29 |
| 01 Jan 22 | 683 | 39 | 89 | 29 |
| 30 Sep 21 | 639 | 35 | 60 | 26 |
| 30 Jun 21 | 645 | 42 | 79 | 24 |
| 31 Mar 21 | 637 | 51 | 90 | 23 |
| 31 Dec 20 | 645 | 69 | 95 | 19 |
| 30 Sep 20 | 602 | 67 | 141 | 17 |
| 30 Jun 20 | 585 | 70 | 134 | 16 |
| 31 Mar 20 | 622 | 84 | 133 | 10 |
| 31 Dec 19 | 582 | 61 | 128 | 15 |
| 30 Sep 19 | 579 | 69 | 125 | 19 |
| 30 Jun 19 | 623 | 68 | 117 | 18 |
| 31 Mar 19 | 578 | 66 | 107 | 20 |
| 31 Dec 18 | 577 | 65 | 107 | 16 |
| 30 Sep 18 | 653 | 73 | 85 | 23 |
| 30 Jun 18 | 568 | 71 | 86 | 20 |
| 31 Mar 18 | 557 | 71 | 97 | 17 |
| 31 Dec 17 | 530 | 69 | 101 | 14 |
| 30 Sep 17 | 485 | 74 | 121 | 0 |
| 30 Jun 17 | 483 | 77 | 117 | 0 |
| 31 Mar 17 | 490 | 84 | 120 | 0 |
| 31 Dec 16 | 497 | 85 | 122 | 0 |
| 30 Sep 16 | 508 | 94 | 118 | 0 |
| 30 Jun 16 | 484 | 90 | 117 | 0 |
| 31 Mar 16 | 433 | 69 | 108 | 0 |
| 31 Dec 15 | 392 | 66 | 96 | 0 |
| 30 Sep 15 | 350 | 56 | 87 | 0 |
| 30 Jun 15 | 326 | 46 | 80 | 0 |
| 31 Mar 15 | 324 | 48 | 72 | 0 |
| 31 Dec 14 | 303 | 46 | 69 | 0 |
| 30 Sep 14 | 307 | 59 | 58 | 0 |
| 30 Jun 14 | 303 | 61 | 53 | 0 |
| 31 Mar 14 | 311 | 61 | 50 | 0 |
| 31 Dec 13 | 302 | 60 | 50 | 0 |
Quality Earnings: 300387 has high quality earnings.
Growing Profit Margin: 300387's current net profit margins (7%) are higher than last year (6.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300387's earnings have declined by 2.7% per year over the past 5 years.
Accelerating Growth: 300387's earnings growth over the past year (32.6%) exceeds its 5-year average (-2.7% per year).
Earnings vs Industry: 300387 earnings growth over the past year (32.6%) exceeded the Chemicals industry -16.4%.
Return on Equity
High ROE: 300387's Return on Equity (5.5%) is considered low.