Shandong Hi-tech Spring Material Technology Past Earnings Performance
Past criteria checks 0/6
Shandong Hi-tech Spring Material Technology's earnings have been declining at an average annual rate of -40%, while the Chemicals industry saw earnings growing at 8.4% annually. Revenues have been growing at an average rate of 20.7% per year.
Key information
-40.0%
Earnings growth rate
-84.5%
EPS growth rate
Chemicals Industry Growth | 12.1% |
Revenue growth rate | 20.7% |
Return on equity | -2.7% |
Net Margin | -1.8% |
Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Shandong Hi-tech Spring Material Technology 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 | 3,448 | -61 | 140 | 94 |
31 Dec 23 | 3,363 | 32 | 140 | 92 |
30 Sep 23 | 3,364 | 20 | 174 | 122 |
30 Jun 23 | 3,042 | 22 | 174 | 119 |
31 Mar 23 | 2,858 | 23 | 173 | 154 |
01 Jan 23 | 3,029 | 284 | 136 | 126 |
31 Dec 21 | 3,072 | 607 | 113 | 114 |
31 Dec 20 | 1,660 | 153 | 108 | 61 |
31 Dec 19 | 1,047 | 122 | 112 | 35 |
31 Dec 18 | 1,032 | 59 | 99 | 41 |
Quality Earnings: 301292 is currently unprofitable.
Growing Profit Margin: 301292 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301292 is unprofitable, and losses have increased over the past 5 years at a rate of 40% per year.
Accelerating Growth: Unable to compare 301292's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 301292 is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-18.9%).
Return on Equity
High ROE: 301292 has a negative Return on Equity (-2.71%), as it is currently unprofitable.