Xinxiang Richful Lube AdditiveLtd Past Earnings Performance
Past criteria checks 4/6
Xinxiang Richful Lube AdditiveLtd has been growing earnings at an average annual rate of 43.9%, while the Chemicals industry saw earnings growing at 8.5% annually. Revenues have been growing at an average rate of 43.4% per year. Xinxiang Richful Lube AdditiveLtd's return on equity is 21.5%, and it has net margins of 22.8%.
Key information
43.9%
Earnings growth rate
42.0%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 43.4% |
| Return on equity | 21.5% |
| Net Margin | 22.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Insufficient Growth At Xinxiang Richful Lube Additive Co.,Ltd. (SZSE:300910) Hampers Share Price
Apr 24
Xinxiang Richful Lube AdditiveLtd (SZSE:300910) Strong Profits May Be Masking Some Underlying Issues
Apr 02Xinxiang Richful Lube Additive Co.,Ltd. (SZSE:300910) Analysts Are Reducing Their Forecasts For This Year
Mar 29Xinxiang Richful Lube AdditiveLtd (SZSE:300910) Has A Rock Solid Balance Sheet
Mar 21Revenue & Expenses BreakdownBeta
How Xinxiang Richful Lube AdditiveLtd 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 | 2,906 | 662 | 225 | 114 |
| 31 Dec 23 | 2,816 | 606 | 221 | 118 |
| 30 Sep 23 | 3,157 | 675 | 228 | 121 |
| 30 Jun 23 | 3,364 | 692 | 241 | 117 |
| 31 Mar 23 | 3,274 | 633 | 239 | 109 |
| 01 Jan 23 | 3,046 | 588 | 227 | 104 |
| 30 Sep 22 | 2,447 | 429 | 205 | 83 |
| 30 Jun 22 | 1,616 | 243 | 156 | 65 |
| 31 Mar 22 | 1,231 | 194 | 122 | 51 |
| 01 Jan 22 | 1,081 | 201 | 94 | 37 |
| 30 Sep 21 | 925 | 189 | 67 | 35 |
| 30 Jun 21 | 989 | 215 | 72 | 32 |
| 31 Mar 21 | 943 | 215 | 63 | 27 |
| 31 Dec 20 | 861 | 183 | 61 | 23 |
| 30 Sep 20 | 805 | 163 | 77 | 21 |
| 31 Dec 19 | 657 | 98 | 69 | 17 |
| 31 Dec 18 | 530 | 57 | 55 | 11 |
| 31 Dec 17 | 466 | 45 | 52 | 9 |
| 31 Dec 16 | 318 | 34 | 39 | 6 |
Quality Earnings: 300910 has a high level of non-cash earnings.
Growing Profit Margin: 300910's current net profit margins (22.8%) are higher than last year (19.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300910's earnings have grown significantly by 43.9% per year over the past 5 years.
Accelerating Growth: 300910's earnings growth over the past year (4.6%) is below its 5-year average (43.9% per year).
Earnings vs Industry: 300910 earnings growth over the past year (4.6%) exceeded the Chemicals industry -20.1%.
Return on Equity
High ROE: 300910's Return on Equity (21.5%) is considered high.