Huaibei GreenGold Industry Investment Past Earnings Performance
Past criteria checks 1/6
Huaibei GreenGold Industry Investment's earnings have been declining at an average annual rate of -37.4%, while the Basic Materials industry saw earnings declining at 26.8% annually. Revenues have been declining at an average rate of 29.5% per year. Huaibei GreenGold Industry Investment's return on equity is 3.6%, and it has net margins of 5.4%.
Key information
-37.4%
Earnings growth rate
-78.7%
EPS growth rate
| Basic Materials Industry Growth | -17.1% |
| Revenue growth rate | -29.5% |
| Return on equity | 3.6% |
| Net Margin | 5.4% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
The Returns On Capital At Huaibei GreenGold Industry Investment (HKG:2450) Don't Inspire Confidence
Nov 20
Here's Why Huaibei GreenGold Industry Investment (HKG:2450) Is Weighed Down By Its Debt Load
Aug 30Some Investors May Be Worried About Huaibei GreenGold Industry Investment's (HKG:2450) Returns On Capital
May 23Huaibei GreenGold Industry Investment (HKG:2450) Is Reinvesting At Lower Rates Of Return
Feb 03Revenue & Expenses Breakdown
How Huaibei GreenGold Industry Investment 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 | 250 | 13 | 16 | 0 |
| 31 Mar 24 | 270 | 25 | 14 | 0 |
| 31 Dec 23 | 291 | 37 | 11 | 0 |
| 30 Sep 23 | 316 | 44 | -1 | 0 |
| 30 Jun 23 | 354 | 54 | -1 | 0 |
| 31 Mar 23 | 381 | 61 | -4 | 0 |
| 31 Dec 22 | 408 | 67 | -6 | 0 |
| 30 Sep 22 | 403 | 62 | -5 | 0 |
| 31 Dec 21 | 370 | 65 | 12 | 0 |
| 31 Dec 20 | 506 | 124 | 44 | 0 |
| 31 Dec 19 | 493 | 114 | 31 | 0 |
Quality Earnings: 2450 has high quality earnings.
Growing Profit Margin: 2450's current net profit margins (5.4%) are lower than last year (15.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2450's earnings have declined by 37.4% per year over the past 5 years.
Accelerating Growth: 2450's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2450 had negative earnings growth (-75.4%) over the past year, making it difficult to compare to the Basic Materials industry average (-74.6%).
Return on Equity
High ROE: 2450's Return on Equity (3.6%) is considered low.