Longkou Union Chemical Past Earnings Performance
Past criteria checks 3/6
Longkou Union Chemical's earnings have been declining at an average annual rate of -7.6%, while the Chemicals industry saw earnings growing at 6.3% annually. Revenues have been growing at an average rate of 18.8% per year. Longkou Union Chemical's return on equity is 6.2%, and it has net margins of 9%.
Key information
-7.6%
Earnings growth rate
-15.3%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 18.8% |
| Return on equity | 6.2% |
| Net Margin | 9.0% |
| Next Earnings Update | 28 Oct 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Longkou Union Chemical 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 Jun 24 | 491 | 44 | 22 | 22 |
| 31 Mar 24 | 456 | 38 | 20 | 20 |
| 31 Dec 23 | 428 | 34 | 18 | 19 |
| 30 Sep 23 | 411 | 36 | 18 | 20 |
| 30 Jun 23 | 413 | 40 | 17 | 19 |
| 31 Mar 23 | 474 | 52 | 16 | 21 |
| 01 Jan 23 | 542 | 64 | 18 | 22 |
| 30 Sep 22 | 599 | 72 | 18 | 23 |
| 30 Jun 22 | 612 | 74 | 15 | 24 |
| 31 Mar 22 | 589 | 72 | 16 | 22 |
| 01 Jan 22 | 552 | 67 | 16 | 22 |
| 31 Dec 20 | 473 | 59 | 14 | 18 |
| 31 Dec 19 | 444 | 38 | 23 | 17 |
| 31 Dec 18 | 458 | 29 | 22 | 17 |
Quality Earnings: 301209 has high quality earnings.
Growing Profit Margin: 301209's current net profit margins (9%) are lower than last year (9.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301209's earnings have declined by 7.6% per year over the past 5 years.
Accelerating Growth: 301209's earnings growth over the past year (9.9%) exceeds its 5-year average (-7.6% per year).
Earnings vs Industry: 301209 earnings growth over the past year (9.9%) exceeded the Chemicals industry -4.7%.
Return on Equity
High ROE: 301209's Return on Equity (6.2%) is considered low.