Liaoning Xinde New Material Technology Past Earnings Performance
Past criteria checks 0/6
Liaoning Xinde New Material Technology's earnings have been declining at an average annual rate of -15.8%, while the Chemicals industry saw earnings growing at 6.2% annually. Revenues have been growing at an average rate of 17% per year. Liaoning Xinde New Material Technology's return on equity is 0.6%, and it has net margins of 1.2%.
Key information
-15.8%
Earnings growth rate
-41.8%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 17.0% |
| Return on equity | 0.6% |
| Net Margin | 1.2% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Liaoning Xinde New 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 |
|---|---|---|---|---|
| 30 Jun 24 | 960 | 12 | 86 | 30 |
| 31 Mar 24 | 926 | 1 | 70 | 29 |
| 31 Dec 23 | 949 | 41 | 57 | 31 |
| 30 Sep 23 | 910 | 80 | 49 | 31 |
| 30 Jun 23 | 821 | 92 | 39 | 38 |
| 31 Mar 23 | 912 | 149 | 40 | 44 |
| 01 Jan 23 | 904 | 149 | 39 | 43 |
| 30 Sep 22 | 851 | 149 | 28 | 38 |
| 01 Jan 22 | 492 | 138 | 26 | 23 |
| 31 Dec 20 | 272 | 86 | 27 | 11 |
| 31 Dec 19 | 230 | 73 | 30 | 11 |
| 31 Dec 18 | 163 | 36 | 35 | 8 |
Quality Earnings: 301349 has a large one-off gain of CN¥24.5M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: 301349's current net profit margins (1.2%) are lower than last year (11.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301349's earnings have declined by 15.8% per year over the past 5 years.
Accelerating Growth: 301349's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301349 had negative earnings growth (-87.4%) over the past year, making it difficult to compare to the Chemicals industry average (-4.7%).
Return on Equity
High ROE: 301349's Return on Equity (0.6%) is considered low.