Haining China Leather MarketLtd Past Earnings Performance
Past criteria checks 1/6
Haining China Leather MarketLtd's earnings have been declining at an average annual rate of -10.5%, while the Real Estate industry saw earnings declining at 9.2% annually. Revenues have been declining at an average rate of 4% per year. Haining China Leather MarketLtd's return on equity is 1.8%, and it has net margins of 9.4%.
Key information
-10.5%
Earnings growth rate
-10.1%
EPS growth rate
| Real Estate Industry Growth | -5.2% |
| Revenue growth rate | -4.0% |
| Return on equity | 1.8% |
| Net Margin | 9.4% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How Haining China Leather MarketLtd 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 | 1,218 | 114 | 231 | 14 |
| 31 Dec 23 | 1,269 | 177 | 223 | 14 |
| 30 Sep 23 | 1,310 | 188 | 168 | 15 |
| 30 Jun 23 | 1,343 | 195 | 146 | 14 |
| 31 Mar 23 | 1,324 | 250 | 160 | 14 |
| 01 Jan 23 | 1,359 | 270 | 173 | 13 |
| 30 Sep 22 | 1,344 | 297 | 240 | 13 |
| 30 Jun 22 | 1,375 | 302 | 265 | 13 |
| 31 Mar 22 | 1,494 | 374 | 252 | 13 |
| 31 Dec 21 | 1,450 | 328 | 241 | 13 |
| 30 Sep 21 | 1,393 | 286 | 246 | 13 |
| 30 Jun 21 | 1,301 | 258 | 238 | 11 |
| 31 Mar 21 | 1,451 | 237 | 242 | 9 |
| 31 Dec 20 | 1,418 | 206 | 246 | 8 |
| 30 Sep 20 | 1,339 | 208 | 176 | 10 |
| 30 Jun 20 | 1,400 | 234 | 216 | 9 |
| 31 Mar 20 | 1,324 | 250 | 229 | 9 |
| 31 Dec 19 | 1,400 | 282 | 247 | 7 |
| 30 Sep 19 | 1,623 | 352 | 264 | 1 |
| 30 Jun 19 | 1,671 | 381 | 275 | 1 |
| 31 Mar 19 | 1,642 | 389 | 244 | 0 |
| 31 Dec 18 | 1,703 | 407 | 268 | 0 |
| 30 Sep 18 | 1,715 | 328 | 325 | 0 |
| 30 Jun 18 | 1,742 | 311 | 290 | 0 |
| 31 Mar 18 | 1,855 | 314 | 322 | 0 |
| 31 Dec 17 | 1,836 | 287 | 321 | 0 |
| 30 Sep 17 | 1,921 | 321 | 339 | 0 |
| 30 Jun 17 | 2,022 | 378 | 338 | 0 |
| 31 Mar 17 | 2,133 | 498 | 330 | 0 |
| 31 Dec 16 | 2,183 | 553 | 320 | 0 |
| 30 Sep 16 | 1,720 | 375 | 319 | 0 |
| 30 Jun 16 | 1,693 | 420 | 318 | 0 |
| 31 Mar 16 | 1,835 | 525 | 303 | 0 |
| 31 Dec 15 | 1,851 | 549 | 305 | 0 |
| 30 Sep 15 | 2,178 | 809 | 272 | 0 |
| 30 Jun 15 | 2,243 | 852 | 268 | 0 |
| 31 Mar 15 | 2,319 | 831 | 278 | 0 |
| 31 Dec 14 | 2,439 | 936 | 246 | 0 |
| 30 Sep 14 | 2,611 | 1,040 | 189 | 0 |
| 30 Jun 14 | 2,656 | 1,051 | 188 | 0 |
| 31 Mar 14 | 2,909 | 1,114 | 186 | 0 |
| 31 Dec 13 | 2,933 | 1,039 | 200 | 0 |
| 30 Sep 13 | 3,032 | 1,032 | 218 | 0 |
| 30 Jun 13 | 2,975 | 992 | 211 | 0 |
Quality Earnings: 002344 has high quality earnings.
Growing Profit Margin: 002344's current net profit margins (9.4%) are lower than last year (18.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002344's earnings have declined by 10.5% per year over the past 5 years.
Accelerating Growth: 002344's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002344 had negative earnings growth (-54.4%) over the past year, making it difficult to compare to the Real Estate industry average (-20%).
Return on Equity
High ROE: 002344's Return on Equity (1.8%) is considered low.