Fujian Acetron New Materials Past Earnings Performance
Past criteria checks 0/6
Fujian Acetron New Materials's earnings have been declining at an average annual rate of -9.9%, while the Chemicals industry saw earnings growing at 8.8% annually. Revenues have been growing at an average rate of 27% per year. Fujian Acetron New Materials's return on equity is 1.7%, and it has net margins of 1.3%.
Key information
-9.9%
Earnings growth rate
-12.8%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 27.0% |
| Return on equity | 1.7% |
| Net Margin | 1.3% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Fujian Acetron New Materials 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 23 | 896 | 12 | 57 | 27 |
| 30 Jun 23 | 811 | 10 | 54 | 26 |
| 31 Mar 23 | 726 | 5 | 51 | 26 |
| 31 Dec 22 | 695 | 14 | 47 | 26 |
| 30 Sep 22 | 679 | 22 | 46 | 24 |
| 30 Jun 22 | 705 | 24 | 49 | 26 |
| 31 Mar 22 | 691 | 22 | 47 | 25 |
| 01 Jan 22 | 610 | 18 | 44 | 24 |
| 30 Sep 21 | 550 | 15 | 38 | 25 |
| 30 Jun 21 | 470 | 15 | 34 | 23 |
| 31 Mar 21 | 399 | 9 | 34 | 23 |
| 31 Dec 20 | 354 | 6 | 34 | 19 |
| 30 Sep 20 | 308 | 4 | 31 | 20 |
| 30 Jun 20 | 283 | 3 | 30 | 17 |
| 31 Mar 20 | 314 | 12 | 27 | 15 |
| 31 Dec 19 | 317 | 15 | 26 | 15 |
| 30 Sep 19 | 320 | 15 | 27 | 11 |
| 30 Jun 19 | 302 | 18 | 23 | 10 |
| 31 Mar 19 | 256 | 16 | 21 | 11 |
| 31 Dec 18 | 256 | 28 | 20 | 11 |
| 30 Sep 18 | 240 | 33 | 23 | 10 |
| 30 Jun 18 | 237 | 38 | 15 | 17 |
| 31 Mar 18 | 238 | 44 | 20 | 13 |
| 31 Dec 17 | 236 | 41 | 22 | 11 |
| 30 Sep 17 | 229 | 45 | 20 | 8 |
| 31 Dec 16 | 175 | 36 | 25 | 0 |
| 31 Dec 15 | 124 | 26 | 16 | 0 |
| 31 Dec 14 | 83 | 16 | 14 | 0 |
| 31 Dec 13 | 57 | 8 | 11 | 0 |
Quality Earnings: 300706 has a large one-off gain of CN¥19.0M impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: 300706's current net profit margins (1.3%) are lower than last year (3.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300706's earnings have declined by 9.9% per year over the past 5 years.
Accelerating Growth: 300706's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 300706 had negative earnings growth (-45.8%) over the past year, making it difficult to compare to the Chemicals industry average (-20.3%).
Return on Equity
High ROE: 300706's Return on Equity (1.7%) is considered low.