Ningbo Color Master Batch Past Earnings Performance
Past criteria checks 4/6
Ningbo Color Master Batch's earnings have been declining at an average annual rate of -0.1%, while the Chemicals industry saw earnings growing at 7.9% annually. Revenues have been declining at an average rate of 2.8% per year. Ningbo Color Master Batch's return on equity is 9.6%, and it has net margins of 21.9%.
Key information
-0.1%
Earnings growth rate
-9.4%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | -2.8% |
| Return on equity | 9.6% |
| Net Margin | 21.9% |
| Next Earnings Update | 30 Aug 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Ningbo Color Master Batch 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 | 467 | 102 | 43 | 17 |
| 31 Dec 23 | 451 | 102 | 40 | 18 |
| 30 Sep 23 | 453 | 102 | 37 | 17 |
| 30 Jun 23 | 434 | 95 | 36 | 17 |
| 31 Mar 23 | 446 | 94 | 33 | 18 |
| 01 Jan 23 | 464 | 100 | 34 | 18 |
| 30 Sep 22 | 481 | 106 | 30 | 20 |
| 30 Jun 22 | 487 | 109 | 31 | 18 |
| 31 Mar 22 | 490 | 111 | 35 | 17 |
| 01 Jan 22 | 492 | 109 | 35 | 17 |
| 30 Sep 21 | 491 | 118 | 41 | 15 |
| 30 Jun 21 | 494 | 118 | 42 | 16 |
| 31 Mar 21 | 457 | 110 | 40 | 16 |
| 31 Dec 20 | 430 | 104 | 39 | 15 |
| 31 Dec 19 | 405 | 79 | 39 | 13 |
| 31 Dec 18 | 327 | 51 | 34 | 11 |
| 31 Dec 17 | 280 | 41 | 31 | 11 |
Quality Earnings: 301019 has high quality earnings.
Growing Profit Margin: 301019's current net profit margins (21.9%) are higher than last year (21.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301019's earnings have declined by 0.1% per year over the past 5 years.
Accelerating Growth: 301019's earnings growth over the past year (8.5%) exceeds its 5-year average (-0.1% per year).
Earnings vs Industry: 301019 earnings growth over the past year (8.5%) exceeded the Chemicals industry -16.4%.
Return on Equity
High ROE: 301019's Return on Equity (9.6%) is considered low.