Ningbo Changhong Polymer Scientific and Technical Past Earnings Performance
Past criteria checks 0/6
Ningbo Changhong Polymer Scientific and Technical's earnings have been declining at an average annual rate of -20.4%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 12.6% per year. Ningbo Changhong Polymer Scientific and Technical's return on equity is 4.7%, and it has net margins of 3.4%.
Key information
-20.4%
Earnings growth rate
-21.9%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 12.6% |
| Return on equity | 4.7% |
| Net Margin | 3.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Ningbo Changhong Polymer Scientific and Technical 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 | 2,844 | 95 | 45 | 96 |
| 30 Jun 24 | 2,325 | 108 | 40 | 75 |
| 31 Mar 24 | 1,812 | 83 | 42 | 61 |
| 31 Dec 23 | 1,416 | 95 | 48 | 55 |
| 30 Sep 23 | 1,434 | 97 | 63 | 54 |
| 30 Jun 23 | 1,624 | 130 | 71 | 61 |
| 31 Mar 23 | 1,944 | 170 | 66 | 70 |
| 31 Dec 22 | 2,372 | 180 | 70 | 86 |
| 30 Sep 22 | 2,469 | 210 | 71 | 93 |
| 30 Jun 22 | 2,382 | 235 | 74 | 88 |
| 31 Mar 22 | 2,148 | 214 | 71 | 73 |
| 31 Dec 21 | 1,733 | 185 | 64 | 57 |
| 30 Sep 21 | 1,720 | 305 | 51 | 45 |
| 30 Jun 21 | 1,504 | 306 | 47 | 38 |
| 31 Mar 21 | 1,395 | 338 | 48 | 39 |
| 31 Dec 20 | 1,297 | 302 | 37 | 41 |
| 30 Sep 20 | 1,313 | 254 | 41 | 53 |
| 30 Jun 20 | 1,219 | 209 | 26 | 52 |
| 31 Mar 20 | 1,195 | 194 | 27 | 53 |
| 31 Dec 19 | 1,157 | 215 | 25 | 46 |
| 31 Dec 18 | 1,021 | 181 | 19 | 38 |
| 31 Dec 17 | 491 | 69 | 16 | 17 |
| 31 Dec 16 | 475 | 59 | 4 | 21 |
Quality Earnings: 605008 has a large one-off gain of CN¥135.4M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 605008's current net profit margins (3.4%) are lower than last year (6.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 605008's earnings have declined by 20.4% per year over the past 5 years.
Accelerating Growth: 605008's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 605008 had negative earnings growth (-1.8%) over the past year, making it difficult to compare to the Chemicals industry average (-5.3%).
Return on Equity
High ROE: 605008's Return on Equity (4.7%) is considered low.