Wankai New Materials Past Earnings Performance
Past criteria checks 1/6
Wankai New Materials has been growing earnings at an average annual rate of 17.3%, while the Chemicals industry saw earnings growing at 8.4% annually. Revenues have been growing at an average rate of 23.8% per year. Wankai New Materials's return on equity is 4.9%, and it has net margins of 1.6%.
Key information
17.3%
Earnings growth rate
9.3%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 23.8% |
| Return on equity | 4.9% |
| Net Margin | 1.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Wankai New Materials 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 | 17,390 | 278 | 212 | 45 |
| 31 Dec 23 | 17,532 | 437 | 189 | 60 |
| 30 Sep 23 | 17,517 | 556 | 159 | 74 |
| 30 Jun 23 | 18,888 | 766 | 173 | 71 |
| 31 Mar 23 | 19,252 | 873 | 181 | 60 |
| 01 Jan 23 | 19,386 | 955 | 182 | 40 |
| 30 Sep 22 | 17,355 | 1,009 | 179 | 43 |
| 30 Jun 22 | 14,192 | 794 | 158 | 36 |
| 31 Mar 22 | 11,633 | 587 | 158 | 30 |
| 01 Jan 22 | 9,587 | 442 | 149 | 27 |
| 01 Oct 21 | 9,727 | 339 | 111 | 26 |
| 30 Jun 21 | 9,868 | 236 | 78 | 25 |
| 31 Mar 21 | 10,246 | 297 | 171 | 24 |
| 31 Dec 20 | 9,298 | 203 | 146 | 18 |
| 31 Dec 19 | 9,682 | 367 | 158 | 13 |
| 31 Dec 18 | 11,725 | 196 | 216 | 11 |
| 31 Dec 17 | 8,681 | 107 | 140 | 8 |
Quality Earnings: 301216 has a high level of non-cash earnings.
Growing Profit Margin: 301216's current net profit margins (1.6%) are lower than last year (4.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301216's earnings have grown by 17.3% per year over the past 5 years.
Accelerating Growth: 301216's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301216 had negative earnings growth (-68.2%) over the past year, making it difficult to compare to the Chemicals industry average (-21.2%).
Return on Equity
High ROE: 301216's Return on Equity (4.9%) is considered low.