China Treasures New Materials Group Past Earnings Performance
Past criteria checks 4/6
China Treasures New Materials Group has been growing earnings at an average annual rate of 16%, while the Packaging industry saw earnings growing at 10.7% annually. Revenues have been growing at an average rate of 22% per year. China Treasures New Materials Group's return on equity is 18.9%, and it has net margins of 23%.
Key information
16.0%
Earnings growth rate
26.2%
EPS growth rate
| Packaging Industry Growth | 11.6% |
| Revenue growth rate | 22.0% |
| Return on equity | 18.9% |
| Net Margin | 23.0% |
| Next Earnings Update | 30 Aug 2024 |
Recent past performance updates
Recent updates
China Treasures New Materials Group (HKG:2439) May Have Issues Allocating Its Capital
Aug 21
These 4 Measures Indicate That China Treasures New Materials Group (HKG:2439) Is Using Debt Safely
May 06China Treasures New Materials Group's (HKG:2439) Shareholders Have More To Worry About Than Only Soft Earnings
Sep 29A Look At The Intrinsic Value Of China Treasures New Materials Group Ltd. (HKG:2439)
Aug 29Revenue & Expenses Breakdown
How China Treasures 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 Dec 23 | 366 | 84 | 46 | 0 |
| 30 Sep 23 | 359 | 72 | 48 | 0 |
| 30 Jun 23 | 345 | 63 | 45 | 0 |
| 31 Mar 23 | 322 | 60 | 38 | 0 |
| 31 Dec 22 | 300 | 57 | 31 | 0 |
| 30 Sep 22 | 281 | 61 | 21 | 0 |
| 31 Dec 21 | 257 | 78 | 15 | 0 |
| 31 Dec 20 | 167 | 49 | 11 | 0 |
| 31 Dec 19 | 103 | 27 | 9 | 0 |
Quality Earnings: 2439 has high quality earnings.
Growing Profit Margin: 2439's current net profit margins (23%) are higher than last year (18.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2439's earnings have grown by 16% per year over the past 5 years.
Accelerating Growth: 2439's earnings growth over the past year (48.6%) exceeds its 5-year average (16% per year).
Earnings vs Industry: 2439 earnings growth over the past year (48.6%) did not outperform the Packaging industry 91.2%.
Return on Equity
High ROE: 2439's Return on Equity (18.9%) is considered low.