Sokan New Materials Group Past Earnings Performance
Past criteria checks 3/6
Sokan New Materials Group's earnings have been declining at an average annual rate of -5.3%, while the Chemicals industry saw earnings growing at 7.9% annually. Revenues have been growing at an average rate of 7% per year. Sokan New Materials Group's return on equity is 6.7%, and it has net margins of 14.3%.
Key information
-5.3%
Earnings growth rate
-10.8%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 7.0% |
| Return on equity | 6.7% |
| Net Margin | 14.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Sokan New Materials Group 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 |
|---|---|---|---|---|
| 31 Mar 24 | 631 | 90 | 129 | 95 |
| 31 Dec 23 | 590 | 81 | 122 | 90 |
| 30 Sep 23 | 526 | 72 | 115 | 86 |
| 30 Jun 23 | 496 | 70 | 107 | 82 |
| 31 Mar 23 | 476 | 65 | 102 | 80 |
| 31 Dec 22 | 499 | 82 | 105 | 75 |
| 30 Sep 22 | 529 | 90 | 113 | 70 |
| 30 Jun 22 | 525 | 90 | 108 | 66 |
| 31 Mar 22 | 513 | 95 | 105 | 61 |
| 31 Dec 21 | 508 | 97 | 98 | 59 |
| 30 Sep 21 | 485 | 94 | 81 | 61 |
| 30 Jun 21 | 467 | 94 | 88 | 58 |
| 31 Mar 21 | 465 | 96 | 85 | 53 |
| 31 Dec 20 | 435 | 87 | 76 | 53 |
| 30 Sep 20 | 460 | 92 | 88 | 48 |
| 30 Jun 20 | 476 | 99 | 86 | 46 |
| 31 Mar 20 | 451 | 91 | 103 | 53 |
| 31 Dec 19 | 455 | 93 | 89 | 45 |
| 31 Dec 18 | 262 | 52 | 61 | 31 |
| 31 Dec 17 | 187 | 27 | 49 | 21 |
Quality Earnings: 688157 has a high level of non-cash earnings.
Growing Profit Margin: 688157's current net profit margins (14.3%) are higher than last year (13.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688157's earnings have declined by 5.3% per year over the past 5 years.
Accelerating Growth: 688157's earnings growth over the past year (38.1%) exceeds its 5-year average (-5.3% per year).
Earnings vs Industry: 688157 earnings growth over the past year (38.1%) exceeded the Chemicals industry -16.4%.
Return on Equity
High ROE: 688157's Return on Equity (6.7%) is considered low.