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 -29.5%, while the Basic Materials industry saw earnings declining at 19.5% annually. Revenues have been declining at an average rate of 15.4% per year. Huaibei GreenGold Industry Investment's return on equity is 8.7%, and it has net margins of 12.9%.
Key information
-29.5%
Earnings growth rate
-57.7%
EPS growth rate
| Basic Materials Industry Growth | -17.1% |
| Revenue growth rate | -15.4% |
| Return on equity | 8.7% |
| Net Margin | 12.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 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 (12.9%) are lower than last year (16.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2450's earnings have declined by 29.5% 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 (-44.4%) over the past year, making it difficult to compare to the Basic Materials industry average (-36.9%).
Return on Equity
High ROE: 2450's Return on Equity (8.7%) is considered low.