Global New Material International Holdings Past Earnings Performance
Past criteria checks 2/6
Global New Material International Holdings has been growing earnings at an average annual rate of 14.3%, while the Chemicals industry saw earnings growing at 9.6% annually. Revenues have been growing at an average rate of 21% per year. Global New Material International Holdings's return on equity is 5.2%, and it has net margins of 16.9%.
Key information
14.3%
Earnings growth rate
-0.2%
EPS growth rate
| Chemicals Industry Growth | 10.2% |
| Revenue growth rate | 21.0% |
| Return on equity | 5.2% |
| Net Margin | 16.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Upgrade: The Latest Revenue Forecasts For Global New Material International Holdings Limited (HKG:6616)
May 08
We Think You Should Be Aware Of Some Concerning Factors In Global New Material International Holdings' (HKG:6616) Earnings
May 06Global New Material International Holdings (HKG:6616) Might Be Having Difficulty Using Its Capital Effectively
Apr 26Global New Material International Holdings (HKG:6616) Will Be Hoping To Turn Its Returns On Capital Around
Jul 27Revenue & Expenses BreakdownBeta
How Global New Material International 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 | 1,064 | 180 | 247 | 0 |
| 30 Sep 23 | 1,032 | 191 | 230 | 0 |
| 30 Jun 23 | 999 | 202 | 214 | 0 |
| 31 Mar 23 | 958 | 213 | 201 | 0 |
| 31 Dec 22 | 917 | 224 | 188 | 0 |
| 30 Sep 22 | 831 | 199 | 171 | 0 |
| 30 Jun 22 | 745 | 174 | 153 | 0 |
| 31 Mar 22 | 707 | 168 | 146 | 0 |
| 31 Dec 21 | 670 | 162 | 139 | 0 |
| 30 Sep 21 | 650 | 172 | 126 | 0 |
| 30 Jun 21 | 631 | 181 | 113 | 0 |
| 31 Mar 21 | 600 | 165 | 107 | 0 |
| 31 Dec 20 | 569 | 148 | 102 | 0 |
| 31 Dec 19 | 441 | 103 | 78 | 0 |
| 31 Dec 18 | 318 | 77 | 48 | 0 |
Quality Earnings: 6616 has high quality earnings.
Growing Profit Margin: 6616's current net profit margins (16.9%) are lower than last year (24.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 6616's earnings have grown by 14.3% per year over the past 5 years.
Accelerating Growth: 6616's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 6616 had negative earnings growth (-19.4%) over the past year, making it difficult to compare to the Chemicals industry average (-14.8%).
Return on Equity
High ROE: 6616's Return on Equity (5.2%) is considered low.