Ion Electronic Materials Past Earnings Performance
Past criteria checks 1/6
Ion Electronic Materials has been growing earnings at an average annual rate of 10.9%, while the Chemicals industry saw earnings growing at 7.5% annually. Revenues have been declining at an average rate of 45.9% per year. Ion Electronic Materials's return on equity is 1.9%, and it has net margins of 5.3%.
Key information
10.9%
Earnings growth rate
19.9%
EPS growth rate
| Chemicals Industry Growth | 7.9% |
| Revenue growth rate | -45.9% |
| Return on equity | 1.9% |
| Net Margin | 5.3% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Ion Electronic Materials 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 | 466 | 24 | 112 | 11 |
| 31 Mar 24 | 468 | 57 | 119 | 18 |
| 31 Dec 23 | 469 | 89 | 126 | 25 |
| 30 Sep 23 | 665 | 97 | 121 | 25 |
| 30 Jun 23 | 861 | 106 | 116 | 25 |
| 31 Mar 23 | 902 | 105 | 114 | 18 |
| 31 Dec 22 | 943 | 105 | 111 | 11 |
| 31 Dec 21 | 355 | 128 | 62 | 0 |
| 31 Dec 20 | 47 | -21 | 28 | 0 |
Quality Earnings: 6959 has a high level of non-cash earnings.
Growing Profit Margin: 6959's current net profit margins (5.3%) are lower than last year (12.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 6959's earnings have grown by 10.9% per year over the past 5 years.
Accelerating Growth: 6959's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 6959 had negative earnings growth (-76.8%) over the past year, making it difficult to compare to the Chemicals industry average (13.7%).
Return on Equity
High ROE: 6959's Return on Equity (1.9%) is considered low.