Guangdong Modern High-tech Fiber Past Earnings Performance
Past criteria checks 0/6
Guangdong Modern High-tech Fiber's earnings have been declining at an average annual rate of -31.6%, while the Chemicals industry saw earnings growing at 8.4% annually. Revenues have been growing at an average rate of 4.6% per year.
Key information
-31.6%
Earnings growth rate
-38.4%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 4.6% |
| Return on equity | -0.03% |
| Net Margin | 0.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Guangdong Modern High-tech Fiber (SZSE:300876) Has Affirmed Its Dividend Of CN¥0.20
Apr 29
Need To Know: This Analyst Just Made A Substantial Cut To Their Guangdong Modern High-tech Fiber Co., Ltd (SZSE:300876) Estimates
Apr 16Earnings Tell The Story For Guangdong Modern High-tech Fiber Co., Ltd (SZSE:300876) As Its Stock Soars 41%
Mar 08Revenue & Expenses BreakdownBeta
How Guangdong Modern High-tech Fiber 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 | 472 | 2 | 53 | 21 |
| 31 Dec 23 | 455 | 21 | 44 | 20 |
| 30 Sep 23 | 427 | 35 | 34 | 18 |
| 30 Jun 23 | 396 | 32 | 27 | 16 |
| 31 Mar 23 | 380 | 44 | 21 | 14 |
| 01 Jan 23 | 394 | 50 | 20 | 15 |
| 30 Sep 22 | 403 | 53 | 16 | 15 |
| 30 Jun 22 | 398 | 54 | 15 | 16 |
| 31 Mar 22 | 402 | 57 | 16 | 17 |
| 01 Jan 22 | 397 | 69 | 15 | 17 |
| 30 Sep 21 | 395 | 82 | 14 | 16 |
| 30 Jun 21 | 401 | 86 | 15 | 16 |
| 31 Mar 21 | 388 | 92 | 13 | 17 |
| 31 Dec 20 | 370 | 80 | 13 | 14 |
| 30 Sep 20 | 382 | 79 | 14 | 12 |
| 31 Dec 19 | 379 | 69 | 17 | 13 |
| 31 Dec 18 | 341 | 59 | 16 | 11 |
| 31 Dec 17 | 316 | 51 | 17 | 11 |
| 31 Dec 16 | 283 | 42 | 11 | 9 |
Quality Earnings: 300876 has a high level of non-cash earnings.
Growing Profit Margin: 300876's current net profit margins (0.5%) are lower than last year (11.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300876's earnings have declined by 31.6% per year over the past 5 years.
Accelerating Growth: 300876's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 300876 had negative earnings growth (-94.9%) over the past year, making it difficult to compare to the Chemicals industry average (-19.7%).
Return on Equity
High ROE: 300876's Return on Equity (-0.03%) is considered low.