Sinosteel Luonai Materials Technology Past Earnings Performance
Past criteria checks 0/6
Sinosteel Luonai Materials Technology's earnings have been declining at an average annual rate of -26.4%, while the Basic Materials industry saw earnings declining at 4.5% annually. Revenues have been growing at an average rate of 2.4% per year.
Key information
-26.4%
Earnings growth rate
-41.1%
EPS growth rate
| Basic Materials Industry Growth | 3.3% |
| Revenue growth rate | 2.4% |
| Return on equity | -0.3% |
| Net Margin | -0.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Sinosteel Luonai Materials 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 | 2,157 | -16 | 227 | 108 |
| 30 Jun 24 | 2,271 | -5 | 238 | 108 |
| 31 Mar 24 | 2,354 | 50 | 230 | 120 |
| 31 Dec 23 | 2,512 | 70 | 232 | 136 |
| 30 Sep 23 | 2,510 | 128 | 226 | 151 |
| 30 Jun 23 | 2,666 | 185 | 218 | 157 |
| 31 Mar 23 | 2,723 | 223 | 209 | 150 |
| 31 Dec 22 | 2,688 | 233 | 207 | 146 |
| 30 Sep 22 | 2,746 | 208 | 198 | 143 |
| 30 Jun 22 | 2,635 | 207 | 196 | 138 |
| 31 Mar 22 | 2,634 | 216 | 193 | 130 |
| 31 Dec 21 | 2,655 | 224 | 191 | 125 |
| 30 Sep 21 | 2,576 | 236 | 252 | 211 |
| 31 Dec 20 | 2,018 | 197 | 96 | 112 |
| 31 Dec 19 | 1,820 | 135 | 222 | 98 |
Quality Earnings: 688119 is currently unprofitable.
Growing Profit Margin: 688119 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688119 is unprofitable, and losses have increased over the past 5 years at a rate of 26.4% per year.
Accelerating Growth: Unable to compare 688119's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 688119 is unprofitable, making it difficult to compare its past year earnings growth to the Basic Materials industry (-21.7%).
Return on Equity
High ROE: 688119 has a negative Return on Equity (-0.3%), as it is currently unprofitable.