Diwang Industrial Holdings Past Earnings Performance
Past criteria checks 1/6
Diwang Industrial Holdings has been growing earnings at an average annual rate of 9.8%, while the Chemicals industry saw earnings growing at 7.4% annually. Revenues have been growing at an average rate of 34.2% per year. Diwang Industrial Holdings's return on equity is 3.9%, and it has net margins of 3.4%.
Key information
9.8%
Earnings growth rate
-22.1%
EPS growth rate
| Chemicals Industry Growth | 10.2% |
| Revenue growth rate | 34.2% |
| Return on equity | 3.9% |
| Net Margin | 3.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Investors Could Be Concerned With Diwang Industrial Holdings' (HKG:1950) Returns On Capital
Jul 01
Earnings Working Against Diwang Industrial Holdings Limited's (HKG:1950) Share Price
May 06Diwang Industrial Holdings (HKG:1950) Looks To Prolong Its Impressive Returns
Mar 07Why You Should Care About Diwang Industrial Holdings' (HKG:1950) Strong Returns On Capital
Nov 16Diwang Industrial Holdings (HKG:1950) Could Easily Take On More Debt
Oct 12Diwang Industrial Holdings (HKG:1950) Will Be Hoping To Turn Its Returns On Capital Around
Feb 09Here's What's Concerning About Diwang Industrial Holdings' (HKG:1950) Returns On Capital
Oct 26Returns On Capital Signal Tricky Times Ahead For Diwang Industrial Holdings (HKG:1950)
Jun 23Revenue & Expenses Breakdown
How Diwang Industrial 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 |
|---|---|---|---|---|
| 31 Dec 23 | 571 | 19 | 202 | 0 |
| 30 Sep 23 | 562 | 35 | 175 | 0 |
| 30 Jun 23 | 553 | 50 | 148 | 0 |
| 31 Mar 23 | 527 | 36 | 129 | 0 |
| 31 Dec 22 | 501 | 22 | 110 | 0 |
| 30 Sep 22 | 421 | 5 | 78 | 0 |
| 30 Jun 22 | 340 | -11 | 45 | 0 |
| 31 Mar 22 | 287 | -7 | 39 | 0 |
| 31 Dec 21 | 234 | -3 | 33 | 0 |
| 30 Sep 21 | 206 | 5 | 32 | 0 |
| 30 Jun 21 | 178 | 12 | 31 | 0 |
| 31 Mar 21 | 156 | 5 | 30 | 0 |
| 31 Dec 20 | 134 | -3 | 29 | 0 |
| 30 Sep 20 | 145 | 4 | 27 | 0 |
| 30 Jun 20 | 151 | 7 | 23 | 0 |
| 31 Mar 20 | 167 | 16 | 23 | 0 |
| 31 Dec 19 | 183 | 24 | 24 | 0 |
| 30 Sep 19 | 176 | 27 | 22 | 0 |
| 31 Dec 18 | 167 | 31 | 22 | 0 |
| 31 Dec 17 | 158 | 35 | 25 | 0 |
| 31 Dec 16 | 151 | 25 | 31 | 0 |
Quality Earnings: 1950 has a high level of non-cash earnings.
Growing Profit Margin: 1950's current net profit margins (3.4%) are lower than last year (4.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1950's earnings have grown by 9.8% per year over the past 5 years.
Accelerating Growth: 1950's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1950 had negative earnings growth (-11%) over the past year, making it difficult to compare to the Chemicals industry average (-18.6%).
Return on Equity
High ROE: 1950's Return on Equity (3.9%) is considered low.