New East New Materials Past Earnings Performance
Past criteria checks 3/6
New East New Materials's earnings have been declining at an average annual rate of -9.8%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been declining at an average rate of 0.6% per year. New East New Materials's return on equity is 7.1%, and it has net margins of 12.4%.
Key information
-9.8%
Earnings growth rate
-10.1%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | -0.6% |
| Return on equity | 7.1% |
| Net Margin | 12.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How New East New 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 |
|---|---|---|---|---|
| 30 Sep 24 | 401 | 50 | 81 | 17 |
| 30 Jun 24 | 398 | 50 | 82 | 17 |
| 31 Mar 24 | 398 | 50 | 80 | 16 |
| 31 Dec 23 | 394 | 52 | 78 | 16 |
| 30 Sep 23 | 414 | 19 | 75 | 15 |
| 30 Jun 23 | 408 | 18 | 74 | 14 |
| 31 Mar 23 | 405 | 23 | 72 | 15 |
| 31 Dec 22 | 404 | 20 | 73 | 14 |
| 30 Sep 22 | 395 | 11 | 78 | 16 |
| 30 Jun 22 | 392 | 14 | 77 | 16 |
| 31 Mar 22 | 377 | 44 | 77 | 16 |
| 31 Dec 21 | 396 | 56 | 75 | 18 |
| 30 Sep 21 | 408 | 67 | 65 | 19 |
| 30 Jun 21 | 417 | 72 | 69 | 19 |
| 31 Mar 21 | 447 | 52 | 71 | 20 |
| 31 Dec 20 | 415 | 50 | 70 | 18 |
| 30 Sep 20 | 412 | 55 | 82 | 17 |
| 30 Jun 20 | 408 | 57 | 79 | 17 |
| 31 Mar 20 | 395 | 51 | 79 | 17 |
| 31 Dec 19 | 413 | 53 | 80 | 18 |
| 30 Sep 19 | 401 | 45 | 74 | 16 |
| 30 Jun 19 | 396 | 40 | 68 | 16 |
| 31 Mar 19 | 379 | 36 | 63 | 16 |
| 31 Dec 18 | 392 | 33 | 62 | 15 |
| 30 Sep 18 | 368 | 39 | 57 | 15 |
| 30 Jun 18 | 393 | 50 | 45 | 23 |
| 31 Mar 18 | 415 | 55 | 51 | 19 |
| 31 Dec 17 | 395 | 55 | 56 | 15 |
| 30 Sep 17 | 427 | 65 | 59 | 12 |
| 31 Dec 16 | 387 | 61 | 76 | 0 |
| 31 Dec 15 | 376 | 64 | 70 | 0 |
| 31 Dec 14 | 384 | 56 | 67 | 0 |
| 31 Dec 13 | 368 | 47 | 63 | 0 |
Quality Earnings: 603110 has a high level of non-cash earnings.
Growing Profit Margin: 603110's current net profit margins (12.4%) are higher than last year (4.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603110's earnings have declined by 9.8% per year over the past 5 years.
Accelerating Growth: 603110's earnings growth over the past year (157.6%) exceeds its 5-year average (-9.8% per year).
Earnings vs Industry: 603110 earnings growth over the past year (157.6%) exceeded the Chemicals industry -5.3%.
Return on Equity
High ROE: 603110's Return on Equity (7.1%) is considered low.