Guangdong Kitech New Material HoldingLtd Past Earnings Performance
Past criteria checks 3/6
Guangdong Kitech New Material HoldingLtd's earnings have been declining at an average annual rate of -57.6%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been declining at an average rate of 3.2% per year. Guangdong Kitech New Material HoldingLtd's return on equity is 1.4%, and it has net margins of 2.6%.
Key information
-57.6%
Earnings growth rate
-64.0%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | -3.2% |
| Return on equity | 1.4% |
| Net Margin | 2.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Guangdong Kitech New Material HoldingLtd's (SZSE:300995) Solid Profits Have Weak Fundamentals
Nov 06
The Returns On Capital At Guangdong Kitech New Material HoldingLtd (SZSE:300995) Don't Inspire Confidence
Sep 28Guangdong Kitech New Material HoldingLtd (SZSE:300995) Is Due To Pay A Dividend Of CN¥0.12
Jun 09Guangdong Kitech New Material Holding Co.,Ltd.'s (SZSE:300995) 34% Price Boost Is Out Of Tune With Revenues
Apr 11Weak Statutory Earnings May Not Tell The Whole Story For Guangdong Kitech New Material HoldingLtd (SZSE:300995)
Apr 04Guangdong Kitech New Material Holding Co.,Ltd.'s (SZSE:300995) 25% Share Price Plunge Could Signal Some Risk
Feb 26Revenue & Expenses Breakdown
How Guangdong Kitech New Material HoldingLtd 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 24 | 336 | 9 | 52 | 18 |
| 30 Jun 24 | 306 | 9 | 54 | 18 |
| 31 Mar 24 | 294 | 9 | 54 | 17 |
| 31 Dec 23 | 283 | 8 | 49 | 17 |
| 30 Sep 23 | 263 | 3 | 49 | 16 |
| 30 Jun 23 | 251 | 5 | 44 | 16 |
| 31 Mar 23 | 246 | 11 | 41 | 16 |
| 01 Jan 23 | 256 | 15 | 41 | 16 |
| 30 Sep 22 | 290 | 18 | 43 | 14 |
| 30 Jun 22 | 307 | 21 | 43 | 15 |
| 31 Mar 22 | 322 | 31 | 40 | 15 |
| 01 Jan 22 | 320 | 32 | 38 | 15 |
| 30 Sep 21 | 314 | 43 | 31 | 16 |
| 30 Jun 21 | 316 | 54 | 31 | 15 |
| 31 Mar 21 | 394 | 89 | 41 | 17 |
| 31 Dec 20 | 361 | 84 | 39 | 17 |
| 31 Dec 19 | 269 | 51 | 24 | 14 |
| 31 Dec 18 | 246 | 37 | 21 | 11 |
| 31 Dec 17 | 220 | 33 | 25 | 10 |
Quality Earnings: 300995 has a high level of non-cash earnings.
Growing Profit Margin: 300995's current net profit margins (2.6%) are higher than last year (1.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300995's earnings have declined by 57.6% per year over the past 5 years.
Accelerating Growth: 300995's earnings growth over the past year (180.1%) exceeds its 5-year average (-57.6% per year).
Earnings vs Industry: 300995 earnings growth over the past year (180.1%) exceeded the Chemicals industry -5.3%.
Return on Equity
High ROE: 300995's Return on Equity (1.4%) is considered low.