Ningbo Solartron TechnologyLtd Past Earnings Performance
Past criteria checks 0/6
Ningbo Solartron TechnologyLtd's earnings have been declining at an average annual rate of -17.5%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 6.7% per year. Ningbo Solartron TechnologyLtd's return on equity is 1.8%, and it has net margins of 2.9%.
Key information
-17.5%
Earnings growth rate
-20.7%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 6.7% |
| Return on equity | 1.8% |
| Net Margin | 2.9% |
| Next Earnings Update | 29 Nov 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Ningbo Solartron TechnologyLtd 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 | 1,330 | 39 | 162 | 68 |
| 30 Jun 24 | 1,337 | 52 | 167 | 70 |
| 31 Mar 24 | 1,316 | 79 | 170 | 71 |
| 31 Dec 23 | 1,253 | 95 | 158 | 69 |
| 30 Sep 23 | 1,233 | 77 | 149 | 53 |
| 30 Jun 23 | 1,172 | 94 | 141 | 48 |
| 31 Mar 23 | 1,119 | 103 | 129 | 47 |
| 31 Dec 22 | 1,153 | 113 | 127 | 52 |
| 30 Sep 22 | 1,190 | 152 | 128 | 62 |
| 30 Jun 22 | 1,243 | 176 | 130 | 69 |
| 31 Mar 22 | 1,303 | 179 | 129 | 76 |
| 31 Dec 21 | 1,297 | 187 | 126 | 78 |
| 30 Sep 21 | 1,262 | 188 | 126 | 86 |
| 30 Jun 21 | 1,228 | 192 | 120 | 77 |
| 31 Mar 21 | 1,150 | 185 | 118 | 65 |
| 31 Dec 20 | 1,045 | 177 | 116 | 53 |
| 30 Sep 20 | 1,015 | 181 | 113 | 48 |
| 30 Jun 20 | 951 | 163 | 109 | 44 |
| 31 Mar 20 | 937 | 162 | 101 | 42 |
| 31 Dec 19 | 910 | 143 | 89 | 38 |
| 30 Sep 19 | 884 | 135 | 71 | 33 |
| 31 Dec 18 | 691 | 89 | 51 | 27 |
| 31 Dec 17 | 467 | 25 | 52 | 22 |
| 30 Jun 17 | 405 | 26 | 55 | 0 |
| 31 Mar 17 | 393 | 29 | 52 | 0 |
| 31 Dec 16 | 380 | 27 | 44 | 10 |
| 31 Dec 15 | 250 | 4 | 39 | 0 |
| 31 Dec 14 | 149 | -20 | 35 | 0 |
Quality Earnings: 688299 has a large one-off gain of CN¥39.6M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 688299's current net profit margins (2.9%) are lower than last year (6.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688299's earnings have declined by 17.5% per year over the past 5 years.
Accelerating Growth: 688299's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 688299 had negative earnings growth (-49.2%) over the past year, making it difficult to compare to the Chemicals industry average (-5.3%).
Return on Equity
High ROE: 688299's Return on Equity (1.8%) is considered low.