Shandong Kaisheng New MaterialsLtd Past Earnings Performance
Past criteria checks 1/6
Shandong Kaisheng New MaterialsLtd's earnings have been declining at an average annual rate of -0.5%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 10.8% per year. Shandong Kaisheng New MaterialsLtd's return on equity is 4.6%, and it has net margins of 8%.
Key information
-0.5%
Earnings growth rate
-15.1%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 10.8% |
| Return on equity | 4.6% |
| Net Margin | 8.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
We Think That There Are More Issues For Shandong Kaisheng New MaterialsLtd (SZSE:301069) Than Just Sluggish Earnings
Nov 01
Shandong Kaisheng New Materials Co.,Ltd.'s (SZSE:301069) Shares Climb 27% But Its Business Is Yet to Catch Up
Sep 30Unpleasant Surprises Could Be In Store For Shandong Kaisheng New Materials Co.,Ltd.'s (SZSE:301069) Shares
Jun 26Here's Why Shandong Kaisheng New MaterialsLtd (SZSE:301069) Has A Meaningful Debt Burden
May 13Shandong Kaisheng New MaterialsLtd (SZSE:301069) Could Be Struggling To Allocate Capital
Apr 12After Leaping 28% Shandong Kaisheng New Materials Co.,Ltd. (SZSE:301069) Shares Are Not Flying Under The Radar
Mar 07Revenue & Expenses Breakdown
How Shandong Kaisheng New MaterialsLtd 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 | 955 | 77 | 73 | 53 |
| 30 Jun 24 | 990 | 109 | 74 | 51 |
| 31 Mar 24 | 979 | 133 | 74 | 48 |
| 31 Dec 23 | 987 | 158 | 74 | 52 |
| 30 Sep 23 | 978 | 179 | 76 | 60 |
| 30 Jun 23 | 979 | 206 | 75 | 62 |
| 31 Mar 23 | 1,001 | 216 | 71 | 59 |
| 31 Dec 22 | 1,010 | 235 | 66 | 54 |
| 30 Sep 22 | 1,039 | 241 | 62 | 50 |
| 30 Jun 22 | 1,004 | 230 | 58 | 45 |
| 31 Mar 22 | 941 | 211 | 53 | 45 |
| 01 Jan 22 | 880 | 193 | 48 | 43 |
| 30 Sep 21 | 759 | 161 | 51 | 38 |
| 31 Mar 21 | 677 | 168 | 69 | 32 |
| 31 Dec 20 | 624 | 160 | 78 | 30 |
| 30 Sep 20 | 637 | 186 | 140 | 43 |
| 30 Jun 20 | 642 | 187 | 80 | 26 |
| 31 Mar 20 | 631 | 154 | 86 | 26 |
| 31 Dec 19 | 659 | 137 | 78 | 26 |
| 30 Sep 19 | 656 | 106 | 23 | 5 |
| 30 Jun 19 | 676 | 84 | 98 | 22 |
| 31 Mar 19 | 677 | 74 | 90 | 21 |
| 31 Dec 18 | 677 | 64 | 56 | 19 |
| 30 Sep 18 | 629 | 65 | 83 | 18 |
| 30 Jun 18 | 629 | 65 | 84 | 18 |
| 31 Mar 18 | 551 | 71 | 80 | 16 |
| 31 Dec 17 | 449 | 78 | 52 | 14 |
| 30 Sep 17 | 412 | 76 | 74 | 9 |
| 30 Jun 17 | 352 | 74 | 74 | 5 |
| 31 Mar 17 | 329 | 66 | 74 | 2 |
| 31 Dec 16 | 307 | 58 | 74 | 0 |
| 31 Dec 15 | 238 | 44 | 48 | 0 |
Quality Earnings: 301069 has high quality earnings.
Growing Profit Margin: 301069's current net profit margins (8%) are lower than last year (18.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301069's earnings have declined by 0.5% per year over the past 5 years.
Accelerating Growth: 301069's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301069 had negative earnings growth (-57.3%) over the past year, making it difficult to compare to the Chemicals industry average (-5%).
Return on Equity
High ROE: 301069's Return on Equity (4.6%) is considered low.