Wells Advanced Materials (Shanghai) Past Earnings Performance
Past criteria checks 1/6
Wells Advanced Materials (Shanghai) has been growing earnings at an average annual rate of 18%, while the Chemicals industry saw earnings growing at 8.4% annually. Revenues have been growing at an average rate of 18.5% per year. Wells Advanced Materials (Shanghai)'s return on equity is 3.8%, and it has net margins of 3.1%.
Key information
18.0%
Earnings growth rate
17.6%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 18.5% |
| Return on equity | 3.8% |
| Net Margin | 3.1% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How Wells Advanced Materials (Shanghai) 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 | 1,311 | 41 | 90 | 36 |
| 31 Dec 23 | 1,378 | 57 | 88 | 36 |
| 30 Sep 23 | 1,412 | 68 | 83 | 36 |
| 30 Jun 23 | 1,556 | 80 | 79 | 36 |
| 31 Mar 23 | 1,574 | 68 | 71 | 36 |
| 31 Dec 22 | 1,775 | 64 | 72 | 37 |
| 30 Sep 22 | 1,897 | 58 | 72 | 37 |
| 30 Jun 22 | 1,928 | 47 | 68 | 38 |
| 31 Mar 22 | 1,808 | 57 | 68 | 35 |
| 31 Dec 21 | 1,689 | 67 | 67 | 33 |
| 30 Sep 21 | 1,676 | 63 | 74 | 33 |
| 30 Jun 21 | 1,663 | 59 | 80 | 34 |
| 31 Mar 21 | 1,548 | 58 | 77 | 34 |
| 31 Dec 20 | 1,432 | 56 | 71 | 36 |
| 30 Sep 20 | 1,117 | 51 | 61 | 35 |
| 30 Jun 20 | 801 | 45 | 51 | 33 |
| 31 Mar 20 | 676 | 34 | 53 | 32 |
| 31 Dec 19 | 551 | 23 | 55 | 30 |
| 30 Sep 19 | 512 | 20 | 55 | 26 |
| 30 Jun 19 | 473 | 18 | 55 | 22 |
| 31 Mar 19 | 460 | 13 | 54 | 22 |
| 31 Dec 18 | 445 | 11 | 50 | 23 |
| 30 Sep 18 | 394 | 4 | 52 | 22 |
| 30 Jun 18 | 340 | -1 | 51 | 23 |
| 31 Mar 18 | 349 | 9 | 53 | 24 |
| 31 Dec 17 | 358 | 5 | 59 | 26 |
| 30 Sep 17 | 361 | 29 | 61 | 19 |
| 30 Jun 17 | 364 | 40 | 66 | 13 |
| 31 Mar 17 | 355 | 39 | 69 | 6 |
| 31 Dec 16 | 346 | 37 | 71 | 0 |
| 30 Sep 16 | 420 | 49 | 74 | 0 |
| 30 Jun 16 | 495 | 60 | 77 | 0 |
| 31 Mar 16 | 543 | 63 | 80 | 0 |
| 31 Dec 15 | 592 | 65 | 84 | 0 |
| 30 Sep 15 | 578 | 55 | 78 | 0 |
| 30 Jun 15 | 563 | 44 | 72 | 0 |
| 31 Mar 15 | 502 | 35 | 66 | 0 |
| 31 Dec 14 | 441 | 27 | 59 | 0 |
| 31 Dec 13 | 384 | 30 | 49 | 0 |
Quality Earnings: 301555 has a high level of non-cash earnings.
Growing Profit Margin: 301555's current net profit margins (3.1%) are lower than last year (4.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301555's earnings have grown by 18% per year over the past 5 years.
Accelerating Growth: 301555's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301555 had negative earnings growth (-40.2%) over the past year, making it difficult to compare to the Chemicals industry average (-19.5%).
Return on Equity
High ROE: 301555's Return on Equity (3.8%) is considered low.