China Steel Past Earnings Performance
Past criteria checks 2/6
China Steel's earnings have been declining at an average annual rate of -6.6%, while the Metals and Mining industry saw earnings growing at 15.3% annually. Revenues have been growing at an average rate of 2.1% per year. China Steel's return on equity is 1.6%, and it has net margins of 1.1%.
Key information
-6.6%
Earnings growth rate
-6.6%
EPS growth rate
| Metals and Mining Industry Growth | 25.3% |
| Revenue growth rate | 2.1% |
| Return on equity | 1.6% |
| Net Margin | 1.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
China Steel's (TWSE:2002) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 15
Here's Why China Steel (TWSE:2002) Has A Meaningful Debt Burden
Sep 23China Steel Corporation's (TWSE:2002) Price In Tune With Revenues
Sep 02China Steel Corporation Just Recorded A 5.9% EPS Beat: Here's What Analysts Are Forecasting Next
Aug 15The Returns On Capital At China Steel (TWSE:2002) Don't Inspire Confidence
Aug 09China Steel (TWSE:2002) Is Paying Out Less In Dividends Than Last Year
Jul 23China Steel (TWSE:2002) Will Pay A Smaller Dividend Than Last Year
Jul 04China Steel (TWSE:2002) Has A Somewhat Strained Balance Sheet
Jun 13Pinning Down China Steel Corporation's (TWSE:2002) P/S Is Difficult Right Now
May 02China Steel (TWSE:2002) Could Be Struggling To Allocate Capital
Apr 13We Think China Steel (TWSE:2002) Has A Fair Chunk Of Debt
Feb 29We Think China Steel (TPE:2002) Is Taking Some Risk With Its Debt
Mar 12Do Investors Have Good Reason To Be Wary Of China Steel Corporation's (TPE:2002) 2.0% Dividend Yield?
Feb 22Calculating The Intrinsic Value Of China Steel Corporation (TPE:2002)
Jan 23
Did You Participate In Any Of China Steel's (TPE:2002) Respectable 63% Return?
Dec 28Are Dividend Investors Making A Mistake With China Steel Corporation (TPE:2002)?
Nov 23Revenue & Expenses Breakdown
How China Steel 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 Sep 24 | 362,336 | 3,907 | 10,974 | 2,157 |
| 30 Jun 24 | 364,950 | 3,285 | 11,052 | 2,161 |
| 31 Mar 24 | 365,734 | 2,980 | 10,998 | 2,112 |
| 31 Dec 23 | 363,326 | 1,628 | 11,055 | 2,132 |
| 30 Sep 23 | 370,309 | -5,444 | 11,375 | 2,206 |
| 30 Jun 23 | 387,421 | -2,816 | 11,423 | 2,143 |
| 31 Mar 23 | 425,701 | 6,234 | 11,538 | 2,211 |
| 31 Dec 22 | 449,567 | 17,730 | 11,482 | 2,155 |
| 30 Sep 22 | 483,670 | 40,251 | 12,165 | 2,273 |
| 30 Jun 22 | 503,908 | 58,035 | 12,607 | 2,430 |
| 31 Mar 22 | 485,718 | 63,647 | 12,949 | 2,427 |
| 31 Dec 21 | 468,328 | 61,902 | 13,122 | 2,435 |
| 30 Sep 21 | 426,454 | 49,582 | 12,214 | 2,320 |
| 30 Jun 21 | 377,525 | 29,176 | 11,765 | 2,174 |
| 31 Mar 21 | 334,686 | 12,101 | 10,994 | 2,019 |
| 31 Dec 20 | 314,783 | 832 | 10,873 | 1,948 |
| 30 Sep 20 | 311,612 | -4,901 | 11,055 | 1,913 |
| 30 Jun 20 | 325,658 | -2,061 | 11,554 | 1,998 |
| 31 Mar 20 | 347,930 | 2,906 | 12,474 | 2,051 |
| 31 Dec 19 | 366,241 | 8,756 | 13,084 | 2,166 |
| 30 Sep 19 | 386,025 | 15,331 | 13,438 | 2,219 |
| 30 Jun 19 | 398,062 | 20,413 | 13,663 | 2,217 |
| 31 Mar 19 | 403,505 | 23,400 | 13,476 | 2,235 |
| 31 Dec 18 | 400,665 | 24,401 | 13,079 | 2,180 |
| 30 Sep 18 | 386,691 | 24,608 | 12,930 | 2,144 |
| 30 Jun 18 | 372,877 | 20,933 | 12,549 | 2,097 |
| 31 Mar 18 | 357,417 | 17,756 | 12,363 | 2,103 |
| 31 Dec 17 | 347,012 | 16,852 | 12,348 | 2,070 |
| 30 Sep 17 | 338,938 | 14,198 | 12,449 | 2,193 |
| 30 Jun 17 | 323,614 | 17,310 | 12,537 | 2,166 |
| 31 Mar 17 | 311,082 | 19,207 | 12,417 | 2,161 |
| 31 Dec 16 | 293,056 | 15,985 | 12,116 | 2,176 |
| 30 Sep 16 | 273,878 | 10,869 | 11,422 | 2,013 |
| 30 Jun 16 | 267,979 | 4,938 | 11,182 | 2,005 |
| 31 Mar 16 | 269,209 | 2,507 | 11,104 | 1,961 |
| 31 Dec 15 | 285,054 | 7,551 | 11,326 | 1,960 |
| 30 Sep 15 | 311,725 | 15,818 | 11,960 | 2,002 |
| 30 Jun 15 | 336,300 | 21,688 | 11,989 | 2,055 |
| 31 Mar 15 | 354,899 | 23,984 | 12,106 | 2,087 |
| 31 Dec 14 | 366,511 | 22,079 | 12,117 | 2,016 |
| 30 Sep 14 | 364,259 | 18,851 | 11,727 | 1,936 |
| 30 Jun 14 | 359,250 | 16,016 | 11,623 | 1,855 |
| 31 Mar 14 | 351,784 | 15,756 | 11,467 | 1,873 |
| 31 Dec 13 | 347,829 | 15,928 | 11,279 | 1,853 |
Quality Earnings: 2002 has high quality earnings.
Growing Profit Margin: 2002 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2002's earnings have declined by 6.6% per year over the past 5 years.
Accelerating Growth: 2002 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 2002 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (23.6%).
Return on Equity
High ROE: 2002's Return on Equity (1.6%) is considered low.