Muliang Viagoo Technology Past Earnings Performance
Past criteria checks 4/6
Muliang Viagoo Technology's earnings have been declining at an average annual rate of -8.3%, while the Chemicals industry saw earnings growing at 12.7% annually. Revenues have been declining at an average rate of 2.8% per year. Muliang Viagoo Technology's return on equity is 16.1%, and it has net margins of 23.3%.
Key information
-8.3%
Earnings growth rate
3.6%
EPS growth rate
| Chemicals Industry Growth | 12.9% |
| Revenue growth rate | -2.8% |
| Return on equity | 16.1% |
| Net Margin | 23.3% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Muliang Viagoo 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 Sep 23 | 12 | 3 | 2 | 0 |
| 30 Jun 23 | 12 | 3 | 1 | 0 |
| 31 Mar 23 | 12 | 3 | 1 | 0 |
| 31 Dec 22 | 12 | 3 | 1 | 0 |
| 30 Sep 22 | 10 | 2 | 2 | 0 |
| 30 Jun 22 | 10 | 2 | 2 | 0 |
| 31 Mar 22 | 11 | 2 | 2 | 0 |
| 31 Dec 21 | 11 | 2 | 3 | 0 |
| 30 Sep 21 | 11 | 1 | 3 | 0 |
| 30 Jun 21 | 11 | 1 | 3 | 0 |
| 31 Mar 21 | 12 | 1 | 3 | 0 |
| 31 Dec 20 | 11 | 1 | 3 | 0 |
| 30 Sep 20 | 10 | 1 | 3 | 0 |
| 30 Jun 20 | 10 | 1 | 2 | 0 |
| 31 Mar 20 | 11 | 2 | 2 | 0 |
| 31 Dec 19 | 13 | 2 | 2 | 0 |
| 30 Sep 19 | 13 | 4 | 2 | 0 |
| 30 Jun 19 | 13 | 4 | 2 | 0 |
| 31 Mar 19 | 14 | 5 | 2 | 0 |
| 31 Dec 18 | 13 | 4 | 2 | 0 |
| 30 Sep 18 | 10 | 2 | 2 | 0 |
| 30 Jun 18 | 7 | 1 | 2 | 0 |
| 31 Mar 18 | 2 | -1 | 2 | 0 |
| 31 Dec 17 | 1 | -2 | 2 | 0 |
| 30 Sep 17 | 2 | -2 | 2 | 0 |
| 30 Jun 17 | 3 | -2 | 2 | 0 |
| 31 Mar 17 | 3 | -1 | 2 | 0 |
| 31 Dec 16 | 3 | -1 | 2 | 0 |
| 30 Sep 16 | 1 | 0 | 2 | 0 |
| 30 Jun 16 | 1 | 0 | 2 | 0 |
| 31 Mar 16 | 1 | -2 | 1 | 0 |
| 31 Dec 15 | 1 | -3 | 1 | 0 |
| 30 Sep 15 | 1 | -4 | 1 | 0 |
| 31 Dec 14 | 2 | -4 | 1 | 0 |
| 31 Dec 13 | 3 | -2 | 1 | 0 |
Quality Earnings: MULG has high quality earnings.
Growing Profit Margin: MULG's current net profit margins (23.3%) are higher than last year (18.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MULG's earnings have declined by 8.3% per year over the past 5 years.
Accelerating Growth: MULG's earnings growth over the past year (56.6%) exceeds its 5-year average (-8.3% per year).
Earnings vs Industry: MULG earnings growth over the past year (56.6%) exceeded the Chemicals industry -6%.
Return on Equity
High ROE: MULG's Return on Equity (16.1%) is considered low.