Chitec Technology Past Earnings Performance
Past criteria checks 2/6
Chitec Technology has been growing earnings at an average annual rate of 15.8%, while the Chemicals industry saw earnings growing at 7.8% annually. Revenues have been growing at an average rate of 1.7% per year. Chitec Technology's return on equity is 14.1%, and it has net margins of 10.8%.
Key information
15.8%
Earnings growth rate
13.1%
EPS growth rate
| Chemicals Industry Growth | 7.9% |
| Revenue growth rate | 1.7% |
| Return on equity | 14.1% |
| Net Margin | 10.8% |
| Last Earnings Update | 30 Jun 2024 |
Revenue & Expenses Breakdown
How Chitec Technology 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 | 1,376 | 149 | 175 | 45 |
| 31 Mar 24 | 1,312 | 143 | 160 | 53 |
| 31 Dec 23 | 1,262 | 120 | 157 | 61 |
| 30 Sep 23 | 1,276 | 148 | 149 | 62 |
| 30 Jun 23 | 1,347 | 157 | 153 | 54 |
| 31 Mar 23 | 1,472 | 168 | 164 | 48 |
| 31 Dec 22 | 1,598 | 196 | 172 | 43 |
| 30 Sep 22 | 1,651 | 193 | 179 | 26 |
| 30 Jun 22 | 1,623 | 173 | 177 | 24 |
| 31 Mar 22 | 1,568 | 155 | 164 | 21 |
| 31 Dec 21 | 1,497 | 131 | 149 | 21 |
| 30 Sep 21 | 1,395 | 105 | 130 | 25 |
| 30 Jun 21 | 1,318 | 88 | 116 | 24 |
| 31 Mar 21 | 1,219 | 61 | 106 | 24 |
| 31 Dec 20 | 1,160 | 42 | 102 | 20 |
| 30 Sep 20 | 1,160 | 20 | 106 | 22 |
| 30 Jun 20 | 1,161 | -2 | 109 | 24 |
| 31 Mar 20 | 1,221 | 29 | 121 | 24 |
| 31 Dec 19 | 1,321 | 76 | 132 | 23 |
| 30 Sep 19 | 1,406 | 139 | 143 | 22 |
| 30 Jun 19 | 1,491 | 202 | 153 | 20 |
| 31 Mar 19 | 1,429 | 185 | 151 | 21 |
| 31 Dec 18 | 1,339 | 144 | 138 | 21 |
| 30 Sep 18 | 1,214 | 101 | 127 | 22 |
| 30 Jun 18 | 1,088 | 59 | 115 | 23 |
| 31 Mar 18 | 1,023 | 43 | 102 | 23 |
| 31 Dec 17 | 944 | 36 | 100 | 24 |
| 30 Sep 17 | 884 | 30 | 95 | 23 |
| 30 Jun 17 | 824 | 24 | 91 | 23 |
| 31 Mar 17 | 793 | 20 | 88 | 22 |
| 31 Dec 16 | 761 | 16 | 86 | 21 |
| 30 Sep 16 | 759 | 14 | 84 | 21 |
| 30 Jun 16 | 757 | 11 | 83 | 21 |
| 31 Mar 16 | 751 | 17 | 84 | 21 |
| 31 Dec 15 | 745 | 22 | 85 | 22 |
| 30 Sep 15 | 755 | 27 | 90 | 23 |
| 30 Jun 15 | 766 | 32 | 96 | 23 |
| 31 Mar 15 | 796 | 37 | 97 | 24 |
| 31 Dec 14 | 826 | 42 | 99 | 25 |
| 30 Sep 14 | 859 | 49 | 93 | 25 |
| 30 Jun 14 | 892 | 56 | 87 | 25 |
| 31 Mar 14 | 901 | 57 | 81 | 25 |
| 31 Dec 13 | 910 | 57 | 76 | 25 |
Quality Earnings: 3430 has high quality earnings.
Growing Profit Margin: 3430's current net profit margins (10.8%) are lower than last year (11.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 3430's earnings have grown by 15.8% per year over the past 5 years.
Accelerating Growth: 3430's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 3430 had negative earnings growth (-5.4%) over the past year, making it difficult to compare to the Chemicals industry average (15.6%).
Return on Equity
High ROE: 3430's Return on Equity (14.1%) is considered low.