Fujian Acetron New Materials Co., Ltd.

XSEC:300706 Stock Report

Market Cap: CN¥3.0b

Fujian Acetron New Materials Past Earnings Performance

Past criteria checks 4/6

Fujian Acetron New Materials has been growing earnings at an average annual rate of 1%, while the Chemicals industry saw earnings growing at 7.9% annually. Revenues have been growing at an average rate of 27.5% per year. Fujian Acetron New Materials's return on equity is 2%, and it has net margins of 1.2%.

Key information

1.0%

Earnings growth rate

-1.9%

EPS growth rate

Chemicals Industry Growth12.1%
Revenue growth rate27.5%
Return on equity2.0%
Net Margin1.2%
Last Earnings Update31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Fujian Acetron New Materials makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

XSEC:300706 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 241,018125729
31 Dec 23958125728
30 Sep 23896125727
30 Jun 23811105426
31 Mar 2372655126
01 Jan 23695144726
30 Sep 22679224624
30 Jun 22705244926
31 Mar 22691224725
01 Jan 22610184424
30 Sep 21550153825
30 Jun 21470153423
31 Mar 2139993423
31 Dec 2035463419
30 Sep 2030843120
30 Jun 2028333017
31 Mar 20314122715
31 Dec 19317152615
30 Sep 19320152711
30 Jun 19302182310
31 Mar 19256162111
31 Dec 18256282011
30 Sep 18240332310
30 Jun 18237381517
31 Mar 18238442013
31 Dec 17236412211
30 Sep 1722945208
31 Dec 1617536250
31 Dec 1512426160
31 Dec 148316140
31 Dec 13578110

Quality Earnings: 300706 has a large one-off gain of CN¥10.4M impacting its last 12 months of financial results to 31st March, 2024.

Growing Profit Margin: 300706's current net profit margins (1.2%) are higher than last year (0.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 300706's earnings have grown by 1% per year over the past 5 years.

Accelerating Growth: 300706's earnings growth over the past year (136.6%) exceeds its 5-year average (1% per year).

Earnings vs Industry: 300706 earnings growth over the past year (136.6%) exceeded the Chemicals industry -16.4%.


Return on Equity

High ROE: 300706's Return on Equity (2%) is considered low.


Return on Assets


Return on Capital Employed


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