Shandong Hi-tech Spring Material Technology Past Earnings Performance
Past criteria checks 0/6
Shandong Hi-tech Spring Material Technology's earnings have been declining at an average annual rate of -56.9%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 17.3% per year.
Key information
-56.9%
Earnings growth rate
-97.5%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 17.3% |
| Return on equity | -9.4% |
| Net Margin | -7.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Shandong Hi-tech Spring 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 Sep 24 | 3,405 | -245 | 151 | 106 |
| 30 Jun 24 | 3,594 | -134 | 173 | 103 |
| 31 Mar 24 | 3,448 | -61 | 158 | 94 |
| 31 Dec 23 | 3,363 | 32 | 140 | 92 |
| 30 Sep 23 | 3,364 | 20 | 174 | 122 |
| 30 Jun 23 | 3,042 | 22 | 174 | 119 |
| 31 Mar 23 | 2,858 | 23 | 164 | 154 |
| 01 Jan 23 | 3,029 | 284 | 136 | 126 |
| 31 Dec 21 | 3,072 | 607 | 113 | 114 |
| 31 Dec 20 | 1,660 | 153 | 108 | 61 |
| 31 Dec 19 | 1,047 | 122 | 112 | 35 |
| 31 Dec 18 | 1,032 | 59 | 99 | 41 |
Quality Earnings: 301292 is currently unprofitable.
Growing Profit Margin: 301292 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301292 is unprofitable, and losses have increased over the past 5 years at a rate of 56.9% per year.
Accelerating Growth: Unable to compare 301292's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 301292 is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-4.1%).
Return on Equity
High ROE: 301292 has a negative Return on Equity (-9.38%), as it is currently unprofitable.