China Gas Industry Investment Holdings Past Earnings Performance
Past criteria checks 1/6
China Gas Industry Investment Holdings has been growing earnings at an average annual rate of 24.9%, while the Chemicals industry saw earnings growing at 7.2% annually. Revenues have been growing at an average rate of 8.8% per year. China Gas Industry Investment Holdings's return on equity is 7%, and it has net margins of 7.8%.
Key information
24.9%
Earnings growth rate
16.8%
EPS growth rate
| Chemicals Industry Growth | 10.2% |
| Revenue growth rate | 8.8% |
| Return on equity | 7.0% |
| Net Margin | 7.8% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
We Think You Can Look Beyond China Gas Industry Investment Holdings' (HKG:1940) Lackluster Earnings
Oct 08
China Gas Industry Investment Holdings (HKG:1940) Has Some Way To Go To Become A Multi-Bagger
Jun 04Benign Growth For China Gas Industry Investment Holdings Co. Ltd. (HKG:1940) Underpins Stock's 27% Plummet
Apr 01Here's Why China Gas Industry Investment Holdings (HKG:1940) Can Manage Its Debt Responsibly
Mar 28China Gas Industry Investment Holdings Co. Ltd. (HKG:1940) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough
Jan 29China Gas Industry Investment Holdings Co. Ltd. (HKG:1940) Investors Are Less Pessimistic Than Expected
Aug 09Revenue & Expenses Breakdown
How China Gas Industry Investment Holdings 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 Jun 24 | 1,424 | 110 | 67 | 67 |
| 31 Mar 24 | 1,457 | 119 | 69 | 70 |
| 31 Dec 23 | 1,491 | 128 | 72 | 74 |
| 30 Sep 23 | 1,522 | 134 | 76 | 76 |
| 30 Jun 23 | 1,553 | 141 | 80 | 78 |
| 31 Mar 23 | 1,517 | 127 | 86 | 77 |
| 31 Dec 22 | 1,482 | 113 | 92 | 75 |
| 30 Sep 22 | 1,368 | 84 | 99 | 71 |
| 30 Jun 22 | 1,255 | 54 | 105 | 67 |
| 31 Mar 22 | 1,232 | 14 | 101 | 59 |
| 31 Dec 21 | 1,209 | -27 | 97 | 52 |
| 30 Sep 21 | 1,194 | -79 | 84 | 47 |
| 30 Jun 21 | 1,179 | -132 | 71 | 43 |
| 31 Mar 21 | 1,183 | -80 | 63 | 47 |
| 31 Dec 20 | 1,187 | -28 | 55 | 50 |
| 30 Sep 20 | 1,201 | 40 | 50 | 53 |
| 30 Jun 20 | 1,216 | 107 | 45 | 56 |
| 31 Mar 20 | 1,261 | 120 | 43 | 54 |
| 31 Dec 19 | 1,305 | 134 | 42 | 51 |
| 31 Dec 18 | 1,146 | 120 | 25 | 32 |
| 31 Dec 17 | 1,027 | 80 | 26 | 22 |
Quality Earnings: 1940 has a large one-off loss of CN¥57.2M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: 1940's current net profit margins (7.8%) are lower than last year (9.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1940's earnings have grown significantly by 24.9% per year over the past 5 years.
Accelerating Growth: 1940's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1940 had negative earnings growth (-21.5%) over the past year, making it difficult to compare to the Chemicals industry average (-29.6%).
Return on Equity
High ROE: 1940's Return on Equity (7%) is considered low.