China Resources Chemical Innovative Materials Past Earnings Performance
Past criteria checks 1/6
China Resources Chemical Innovative Materials's earnings have been declining at an average annual rate of -2.4%, while the Chemicals industry saw earnings growing at 7.9% annually. Revenues have been growing at an average rate of 13.7% per year. China Resources Chemical Innovative Materials's return on equity is 1.9%, and it has net margins of 0.8%.
Key information
-2.4%
Earnings growth rate
-8.1%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 13.7% |
| Return on equity | 1.9% |
| Net Margin | 0.8% |
| Next Earnings Update | 28 Aug 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How China Resources Chemical Innovative Materials 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 | 16,414 | 138 | 272 | 56 |
| 31 Dec 23 | 17,225 | 381 | 268 | 49 |
| 30 Sep 23 | 17,986 | 580 | 257 | 44 |
| 30 Jun 23 | 18,304 | 713 | 270 | 39 |
| 31 Mar 23 | 18,255 | 784 | 282 | 37 |
| 01 Jan 23 | 17,327 | 824 | 282 | 44 |
| 30 Sep 22 | 16,985 | 770 | 276 | 48 |
| 30 Jun 22 | 15,370 | 595 | 255 | 53 |
| 31 Mar 22 | 13,890 | 485 | 227 | 50 |
| 01 Jan 22 | 13,210 | 432 | 204 | 44 |
| 30 Sep 21 | 11,927 | 415 | -1 | 38 |
| 30 Jun 21 | 12,276 | 628 | 42 | 23 |
| 31 Mar 21 | 12,810 | 714 | 127 | 31 |
| 31 Dec 20 | 12,380 | 629 | 198 | 28 |
| 31 Dec 19 | 12,384 | 414 | 461 | 25 |
| 31 Dec 18 | 14,481 | 441 | 486 | 28 |
| 31 Dec 17 | 12,481 | 195 | 422 | 22 |
Quality Earnings: 301090 has high quality earnings.
Growing Profit Margin: 301090's current net profit margins (0.8%) are lower than last year (4.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301090's earnings have declined by 2.4% per year over the past 5 years.
Accelerating Growth: 301090's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301090 had negative earnings growth (-82.3%) over the past year, making it difficult to compare to the Chemicals industry average (-16.4%).
Return on Equity
High ROE: 301090's Return on Equity (1.9%) is considered low.