Zhejiang Longsheng GroupLtd Past Earnings Performance
Past criteria checks 1/6
Zhejiang Longsheng GroupLtd's earnings have been declining at an average annual rate of -23.3%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been declining at an average rate of 3.6% per year. Zhejiang Longsheng GroupLtd's return on equity is 6.2%, and it has net margins of 13.2%.
Key information
-23.3%
Earnings growth rate
-23.3%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | -3.6% |
| Return on equity | 6.2% |
| Net Margin | 13.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Zhejiang Longsheng GroupLtd 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 | 15,083 | 1,988 | 1,337 | 598 |
| 30 Jun 24 | 15,039 | 1,644 | 1,355 | 577 |
| 31 Mar 24 | 15,041 | 1,388 | 1,308 | 568 |
| 31 Dec 23 | 15,303 | 1,534 | 1,303 | 581 |
| 30 Sep 23 | 18,633 | 2,177 | 1,567 | 582 |
| 30 Jun 23 | 19,370 | 2,371 | 1,540 | 616 |
| 31 Mar 23 | 20,469 | 2,877 | 1,564 | 683 |
| 31 Dec 22 | 21,226 | 3,003 | 1,589 | 709 |
| 30 Sep 22 | 17,516 | 2,093 | 1,481 | 677 |
| 30 Jun 22 | 17,322 | 2,275 | 1,554 | 656 |
| 31 Mar 22 | 16,991 | 2,775 | 1,521 | 638 |
| 31 Dec 21 | 16,660 | 3,374 | 1,556 | 653 |
| 30 Sep 21 | 16,877 | 4,022 | 1,760 | 734 |
| 30 Jun 21 | 16,424 | 4,431 | 1,764 | 758 |
| 31 Mar 21 | 15,580 | 4,069 | 1,948 | 743 |
| 31 Dec 20 | 15,605 | 4,176 | 2,112 | 704 |
| 30 Sep 20 | 16,037 | 4,301 | 2,206 | 720 |
| 30 Jun 20 | 19,311 | 4,761 | 2,364 | 735 |
| 31 Mar 20 | 20,794 | 4,937 | 2,290 | 762 |
| 31 Dec 19 | 21,365 | 5,023 | 2,407 | 789 |
| 30 Sep 19 | 21,132 | 4,815 | 2,214 | 753 |
| 30 Jun 19 | 19,557 | 4,785 | 2,167 | 749 |
| 31 Mar 19 | 19,615 | 4,597 | 2,264 | 752 |
| 31 Dec 18 | 19,076 | 4,111 | 2,125 | 732 |
| 30 Sep 18 | 18,451 | 3,780 | 2,211 | 711 |
| 30 Jun 18 | 16,754 | 3,319 | 1,840 | 935 |
| 31 Mar 18 | 15,393 | 2,749 | 1,877 | 738 |
| 31 Dec 17 | 15,101 | 2,474 | 1,962 | 584 |
| 30 Sep 17 | 14,465 | 2,477 | 1,970 | 411 |
| 30 Jun 17 | 13,582 | 2,076 | 2,366 | 0 |
| 31 Mar 17 | 13,314 | 2,222 | 2,340 | 0 |
| 31 Dec 16 | 12,356 | 2,029 | 2,231 | 0 |
| 30 Sep 16 | 12,185 | 1,780 | 2,218 | 0 |
| 30 Jun 16 | 13,554 | 1,773 | 2,211 | 0 |
| 31 Mar 16 | 13,985 | 1,825 | 2,239 | 0 |
| 31 Dec 15 | 14,854 | 2,682 | 2,276 | 0 |
| 30 Sep 15 | 15,420 | 2,839 | 2,392 | 0 |
| 30 Jun 15 | 14,453 | 2,867 | 2,409 | 0 |
| 31 Mar 15 | 14,871 | 2,997 | 2,463 | 0 |
| 31 Dec 14 | 15,150 | 2,533 | 2,440 | 0 |
| 30 Sep 14 | 14,722 | 2,459 | 2,402 | 0 |
| 30 Jun 14 | 15,097 | 2,344 | 2,353 | 0 |
| 31 Mar 14 | 14,519 | 1,821 | 2,241 | 0 |
| 31 Dec 13 | 14,086 | 1,349 | 2,200 | 0 |
Quality Earnings: 600352 has a large one-off gain of CN¥469.0M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 600352's current net profit margins (13.2%) are higher than last year (11.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600352's earnings have declined by 23.3% per year over the past 5 years.
Accelerating Growth: 600352's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 600352 had negative earnings growth (-8.7%) over the past year, making it difficult to compare to the Chemicals industry average (-5.3%).
Return on Equity
High ROE: 600352's Return on Equity (6.2%) is considered low.