Weihai Guangwei Composites Past Earnings Performance
Past criteria checks 1/6
Weihai Guangwei Composites has been growing earnings at an average annual rate of 13.4%, while the Chemicals industry saw earnings growing at 7.9% annually. Revenues have been growing at an average rate of 9.4% per year. Weihai Guangwei Composites's return on equity is 15%, and it has net margins of 34.7%.
Key information
13.4%
Earnings growth rate
13.2%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 9.4% |
| Return on equity | 15.0% |
| Net Margin | 34.7% |
| Next Earnings Update | 27 Aug 2024 |
Recent past performance updates
Recent updates
Subdued Growth No Barrier To Weihai Guangwei Composites Co., Ltd.'s (SZSE:300699) Price
Jul 14
Returns On Capital At Weihai Guangwei Composites (SZSE:300699) Have Stalled
Jun 26These 4 Measures Indicate That Weihai Guangwei Composites (SZSE:300699) Is Using Debt Reasonably Well
Jun 08Weihai Guangwei Composites' (SZSE:300699) Anemic Earnings Might Be Worse Than You Think
Apr 15Weihai Guangwei Composites Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
Apr 10Estimating The Fair Value Of Weihai Guangwei Composites Co., Ltd. (SZSE:300699)
Apr 05Returns On Capital Are Showing Encouraging Signs At Weihai Guangwei Composites (SZSE:300699)
Mar 18Revenue & Expenses Breakdown
How Weihai Guangwei Composites 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 | 2,473 | 859 | 155 | 188 |
| 31 Dec 23 | 2,518 | 873 | 153 | 163 |
| 30 Sep 23 | 2,318 | 805 | 182 | 130 |
| 30 Jun 23 | 2,420 | 842 | 174 | 134 |
| 31 Mar 23 | 2,477 | 898 | 162 | 146 |
| 01 Jan 23 | 2,511 | 934 | 146 | 177 |
| 30 Sep 22 | 2,585 | 890 | 117 | 224 |
| 30 Jun 22 | 2,638 | 830 | 106 | 226 |
| 31 Mar 22 | 2,573 | 747 | 93 | 200 |
| 01 Jan 22 | 2,607 | 758 | 98 | 213 |
| 30 Sep 21 | 2,475 | 736 | 96 | 195 |
| 30 Jun 21 | 2,394 | 724 | 114 | 241 |
| 31 Mar 21 | 2,253 | 689 | 95 | 260 |
| 31 Dec 20 | 2,116 | 642 | 99 | 231 |
| 30 Sep 20 | 2,009 | 602 | 156 | 211 |
| 30 Jun 20 | 1,884 | 563 | 129 | 172 |
| 31 Mar 20 | 1,768 | 535 | 134 | 178 |
| 31 Dec 19 | 1,715 | 522 | 122 | 161 |
| 30 Sep 19 | 1,689 | 510 | 147 | 188 |
| 30 Jun 19 | 1,549 | 472 | 114 | 190 |
| 31 Mar 19 | 1,527 | 448 | 137 | 184 |
| 31 Dec 18 | 1,364 | 377 | 122 | 176 |
| 30 Sep 18 | 1,196 | 340 | 54 | 152 |
| 30 Jun 18 | 1,109 | 299 | 2 | 190 |
| 31 Mar 18 | 1,008 | 259 | 11 | 151 |
| 31 Dec 17 | 949 | 237 | 36 | 126 |
| 30 Sep 17 | 934 | 297 | 62 | 100 |
| 31 Dec 16 | 633 | 199 | 175 | 0 |
| 31 Dec 15 | 543 | 180 | 130 | 0 |
| 31 Dec 14 | 468 | 50 | 112 | 0 |
| 31 Dec 13 | 499 | 75 | 129 | 0 |
Quality Earnings: 300699 has a high level of non-cash earnings.
Growing Profit Margin: 300699's current net profit margins (34.7%) are lower than last year (36.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300699's earnings have grown by 13.4% per year over the past 5 years.
Accelerating Growth: 300699's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 300699 had negative earnings growth (-4.4%) over the past year, making it difficult to compare to the Chemicals industry average (-13.9%).
Return on Equity
High ROE: 300699's Return on Equity (15%) is considered low.