Dongguan Changlian New Materials TechnologyLtd Past Earnings Performance
Past criteria checks 4/6
Dongguan Changlian New Materials TechnologyLtd has been growing earnings at an average annual rate of 6.5%, while the Chemicals industry saw earnings growing at 6.3% annually. Revenues have been growing at an average rate of 1.7% per year. Dongguan Changlian New Materials TechnologyLtd's return on equity is 14.1%, and it has net margins of 15.6%.
Key information
6.5%
Earnings growth rate
5.5%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 1.7% |
| Return on equity | 14.1% |
| Net Margin | 15.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Dongguan Changlian New Materials TechnologyLtd 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 Dec 23 | 530 | 83 | 66 | 26 |
| 31 Dec 22 | 538 | 79 | 61 | 25 |
| 31 Dec 21 | 581 | 60 | 60 | 23 |
| 31 Dec 20 | 485 | 74 | 50 | 22 |
| 31 Dec 19 | 458 | 62 | 60 | 17 |
| 30 Jun 17 | 285 | 37 | 48 | 0 |
| 31 Mar 17 | 272 | 35 | 46 | 0 |
| 31 Dec 16 | 258 | 34 | 44 | 0 |
| 30 Sep 16 | 243 | 33 | 41 | 0 |
| 30 Jun 16 | 228 | 33 | 37 | 0 |
| 31 Mar 16 | 221 | 28 | 36 | 0 |
| 31 Dec 15 | 213 | 25 | 33 | 0 |
| 31 Dec 14 | 160 | 10 | 26 | 0 |
| 31 Dec 13 | 152 | 12 | 25 | 0 |
Quality Earnings: 301618 has high quality earnings.
Growing Profit Margin: 301618's current net profit margins (15.6%) are higher than last year (14.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301618's earnings have grown by 6.5% per year over the past 5 years.
Accelerating Growth: 301618's earnings growth over the past year (3.8%) is below its 5-year average (6.5% per year).
Earnings vs Industry: 301618 earnings growth over the past year (3.8%) exceeded the Chemicals industry -4.7%.
Return on Equity
High ROE: 301618's Return on Equity (14.1%) is considered low.