China Renewable Energy Investment Past Earnings Performance
Past criteria checks 0/6
China Renewable Energy Investment's earnings have been declining at an average annual rate of -7.3%, while the Renewable Energy industry saw earnings growing at 8.7% annually. Revenues have been growing at an average rate of 4.2% per year. China Renewable Energy Investment's return on equity is 1%, and it has net margins of 12.8%.
Key information
-7.3%
Earnings growth rate
-7.4%
EPS growth rate
| Renewable Energy Industry Growth | 4.6% |
| Revenue growth rate | 4.2% |
| Return on equity | 1.0% |
| Net Margin | 12.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
China Renewable Energy Investment Limited's (HKG:987) Share Price Could Signal Some Risk
Apr 30
Pinning Down China Renewable Energy Investment Limited's (HKG:987) P/E Is Difficult Right Now
Jan 30Does China Renewable Energy Investment (HKG:987) Have A Healthy Balance Sheet?
Nov 24Is China Renewable Energy Investment (HKG:987) Using Too Much Debt?
Apr 04These 4 Measures Indicate That China Renewable Energy Investment (HKG:987) Is Using Debt Extensively
Oct 28We Think China Renewable Energy Investment's (HKG:987) Robust Earnings Are Conservative
Apr 20China Renewable Energy Investment (HKG:987) Is Doing The Right Things To Multiply Its Share Price
Dec 31China Renewable Energy Investment (HKG:987) Has A Somewhat Strained Balance Sheet
Sep 27China Renewable Energy Investment (HKG:987) Is Doing The Right Things To Multiply Its Share Price
Sep 06Does China Renewable Energy Investment (HKG:987) Have A Healthy Balance Sheet?
May 26A Look At The Fair Value Of China Renewable Energy Investment Limited (HKG:987)
May 05We Like These Underlying Return On Capital Trends At China Renewable Energy Investment (HKG:987)
Mar 26Can You Imagine How China Renewable Energy Investment's (HKG:987) Shareholders Feel About The 47% Share Price Increase?
Feb 17
Estimating The Intrinsic Value Of China Renewable Energy Investment Limited (HKG:987)
Jan 12Here's What We Learned About The CEO Pay At China Renewable Energy Investment Limited (HKG:987)
Dec 16Returns On Capital - An Important Metric For China Renewable Energy Investment (HKG:987)
Nov 25Revenue & Expenses BreakdownBeta
How China Renewable Energy 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 | 181 | 23 | 37 | 0 |
| 30 Sep 23 | 184 | 30 | 42 | 0 |
| 30 Jun 23 | 187 | 36 | 47 | 0 |
| 31 Mar 23 | 192 | 34 | 51 | 0 |
| 31 Dec 22 | 197 | 31 | 54 | 0 |
| 30 Sep 22 | 211 | 45 | 50 | 0 |
| 30 Jun 22 | 225 | 59 | 45 | 0 |
| 31 Mar 22 | 238 | 86 | 37 | 0 |
| 31 Dec 21 | 250 | 113 | 29 | 0 |
| 30 Sep 21 | 247 | 124 | 24 | 0 |
| 30 Jun 21 | 243 | 135 | 20 | 0 |
| 31 Mar 21 | 225 | 110 | 21 | 0 |
| 31 Dec 20 | 206 | 86 | 23 | 0 |
| 30 Sep 20 | 194 | 69 | 26 | 0 |
| 30 Jun 20 | 182 | 53 | 29 | 0 |
| 31 Mar 20 | 181 | 55 | 28 | 0 |
| 31 Dec 19 | 181 | 57 | 27 | 0 |
| 30 Sep 19 | 171 | 53 | 27 | 0 |
| 30 Jun 19 | 160 | 48 | 28 | 0 |
| 31 Mar 19 | 155 | 55 | 29 | 0 |
| 31 Dec 18 | 149 | 62 | 30 | 0 |
| 30 Sep 18 | 150 | 72 | 28 | 0 |
| 30 Jun 18 | 150 | 81 | 25 | 0 |
| 31 Mar 18 | 141 | 71 | 25 | 0 |
| 31 Dec 17 | 131 | 60 | 25 | 0 |
| 30 Sep 17 | 130 | 56 | 26 | 0 |
| 30 Jun 17 | 129 | 51 | 26 | 0 |
| 31 Mar 17 | 130 | 56 | 24 | 0 |
| 31 Dec 16 | 131 | 61 | 23 | 0 |
| 30 Sep 16 | 129 | 55 | 23 | 0 |
| 30 Jun 16 | 127 | 49 | 23 | 0 |
| 31 Mar 16 | 130 | 44 | 23 | 0 |
| 31 Dec 15 | 133 | 40 | 24 | 0 |
| 30 Sep 15 | 129 | 43 | 23 | 0 |
| 30 Jun 15 | 125 | 45 | 23 | 0 |
| 31 Mar 15 | 111 | 30 | 22 | 0 |
| 31 Dec 14 | 97 | 14 | 21 | 0 |
| 30 Sep 14 | 101 | 14 | 23 | 0 |
| 30 Jun 14 | 104 | 14 | 25 | 0 |
| 31 Mar 14 | 109 | 21 | 27 | 0 |
| 31 Dec 13 | 114 | 28 | 29 | 0 |
| 30 Sep 13 | 108 | -30 | 31 | 0 |
| 30 Jun 13 | 102 | -89 | 32 | 0 |
Quality Earnings: 987 has a large one-off loss of HK$30.6M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 987's current net profit margins (12.8%) are lower than last year (15.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 987's earnings have declined by 7.3% per year over the past 5 years.
Accelerating Growth: 987's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 987 had negative earnings growth (-25.2%) over the past year, making it difficult to compare to the Renewable Energy industry average (6.5%).
Return on Equity
High ROE: 987's Return on Equity (1%) is considered low.