China Petrochemical Development Past Earnings Performance
Past criteria checks 1/6
China Petrochemical Development's earnings have been declining at an average annual rate of -36.1%, while the Chemicals industry saw earnings growing at 7.5% annually. Revenues have been declining at an average rate of 0.6% per year. China Petrochemical Development's return on equity is 1.5%, and it has net margins of 3.9%.
Key information
-36.1%
Earnings growth rate
-38.9%
EPS growth rate
| Chemicals Industry Growth | 7.9% |
| Revenue growth rate | -0.6% |
| Return on equity | 1.5% |
| Net Margin | 3.9% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Is China Petrochemical Development (TWSE:1314) Using Too Much Debt?
Jul 05
We Think That There Are Issues Underlying China Petrochemical Development's (TWSE:1314) Earnings
May 22Market Still Lacking Some Conviction On China Petrochemical Development Corporation (TWSE:1314)
Apr 22Should You Buy China Petrochemical Development Corporation (TPE:1314) For Its Dividend?
Mar 01We Think China Petrochemical Development (TPE:1314) Has A Fair Chunk Of Debt
Feb 03We Wouldn't Rely On China Petrochemical Development's (TPE:1314) Statutory Earnings As A Guide
Jan 12Did China Petrochemical Development's (TPE:1314) Share Price Deserve to Gain 32%?
Dec 22Know This Before Buying China Petrochemical Development Corporation (TPE:1314) For Its Dividend
Nov 30
Revenue & Expenses Breakdown
How China Petrochemical Development 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 | 30,990 | 1,224 | 1,730 | 321 |
| 31 Mar 24 | 29,461 | 188 | 1,784 | 310 |
| 31 Dec 23 | 26,414 | -1,060 | 1,655 | 307 |
| 30 Sep 23 | 22,924 | -2,998 | 1,843 | 335 |
| 30 Jun 23 | 21,615 | -803 | 1,941 | 374 |
| 31 Mar 23 | 22,791 | -440 | 2,029 | 398 |
| 31 Dec 22 | 25,028 | 233 | 2,200 | 412 |
| 30 Sep 22 | 30,236 | 1,046 | 2,182 | 421 |
| 30 Jun 22 | 34,006 | 590 | 2,202 | 423 |
| 31 Mar 22 | 35,109 | 2,564 | 2,125 | 439 |
| 31 Dec 21 | 35,163 | 3,492 | 2,120 | 462 |
| 30 Sep 21 | 30,636 | 3,920 | 1,953 | 472 |
| 30 Jun 21 | 24,876 | 2,330 | 1,759 | 478 |
| 31 Mar 21 | 19,719 | 1,275 | 1,524 | 454 |
| 31 Dec 20 | 17,583 | 681 | 1,409 | 442 |
| 30 Sep 20 | 18,159 | 656 | 1,428 | 437 |
| 30 Jun 20 | 22,574 | 1,251 | 1,447 | 420 |
| 31 Mar 20 | 26,787 | 1,432 | 1,594 | 426 |
| 31 Dec 19 | 29,624 | 1,738 | 1,635 | 402 |
| 30 Sep 19 | 33,076 | 1,449 | 1,742 | 386 |
| 30 Jun 19 | 35,996 | 2,921 | 1,778 | 359 |
| 31 Mar 19 | 37,147 | 3,496 | 1,752 | 346 |
| 31 Dec 18 | 38,503 | 4,290 | 1,766 | 335 |
| 30 Sep 18 | 38,858 | 5,125 | 1,647 | 295 |
| 30 Jun 18 | 35,778 | 4,098 | 1,592 | 273 |
| 31 Mar 18 | 33,814 | 5,871 | 1,609 | 241 |
| 31 Dec 17 | 33,336 | 6,092 | 1,551 | 236 |
| 30 Sep 17 | 30,681 | 4,497 | 1,458 | 209 |
| 30 Jun 17 | 30,395 | 3,864 | 1,356 | 204 |
| 31 Mar 17 | 29,083 | 175 | 1,192 | 202 |
| 31 Dec 16 | 25,377 | -1,870 | 1,107 | 198 |
| 30 Sep 16 | 23,761 | -1,482 | 1,088 | 223 |
| 30 Jun 16 | 22,586 | -1,859 | 1,104 | 227 |
| 31 Mar 16 | 24,068 | -808 | 1,119 | 224 |
| 31 Dec 15 | 26,156 | 96 | 1,134 | 217 |
| 30 Sep 15 | 28,846 | -900 | 1,271 | 206 |
| 30 Jun 15 | 31,150 | -781 | 1,253 | 196 |
| 31 Mar 15 | 31,525 | 698 | 1,246 | 196 |
| 31 Dec 14 | 33,249 | 304 | 1,215 | 196 |
| 30 Sep 14 | 34,837 | 7,798 | 1,070 | 177 |
| 30 Jun 14 | 35,491 | 7,759 | 1,086 | 182 |
| 31 Mar 14 | 35,387 | 5,312 | 1,062 | 195 |
| 31 Dec 13 | 35,339 | 5,276 | 1,038 | 227 |
| 30 Sep 13 | 35,524 | -1,705 | 1,060 | 252 |
Quality Earnings: 1314 has a large one-off gain of NT$3.2B impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: 1314 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1314's earnings have declined by 36.1% per year over the past 5 years.
Accelerating Growth: 1314 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 1314 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (10.7%).
Return on Equity
High ROE: 1314's Return on Equity (1.5%) is considered low.