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Niutech Environment Technology (SHSE:688309) Revenue : ¥131.2 Mil (TTM As of Mar. 2024)


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What is Niutech Environment Technology Revenue?

Niutech Environment Technology's revenue for the three months ended in Mar. 2024 was ¥16.4 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was ¥131.2 Mil. Niutech Environment Technology's Revenue per Share for the three months ended in Mar. 2024 was ¥0.21. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1.65.

Warning Sign:

Niutech Environment Technology Corp revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Niutech Environment Technology was -23.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was -6.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was -16.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 8 years, Niutech Environment Technology's highest 3-Year average Revenue per Share Growth Rate was 75.60% per year. The lowest was -36.90% per year. And the median was -6.50% per year.


Niutech Environment Technology Revenue Historical Data

The historical data trend for Niutech Environment Technology's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Niutech Environment Technology Revenue Chart

Niutech Environment Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial 234.82 174.59 84.57 165.30 163.92

Niutech Environment Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.15 63.64 33.43 17.70 16.40

Competitive Comparison of Niutech Environment Technology's Revenue

For the Pollution & Treatment Controls subindustry, Niutech Environment Technology's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Niutech Environment Technology's Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Niutech Environment Technology's Revenue distribution charts can be found below:

* The bar in red indicates where Niutech Environment Technology's Revenue falls into.



Niutech Environment Technology Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥131.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Niutech Environment Technology  (SHSE:688309) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Niutech Environment Technology Revenue Related Terms

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Niutech Environment Technology (SHSE:688309) Business Description

Traded in Other Exchanges
N/A
Address
No. 9889 Haitang Road, High-tech Zone, Shandong Province, Jinan, CHN, 250031
Niutech Environment Technology Corp is engaged in organic waste cracking technology research and development and related equipment design, production and sales. The company specializes in high polymer waste, such as waste tyre, waste plastic, oil sludge, waste oil, biomass, hazard waste and municipal sludge Pyrolysis technology and equipment manufacturing and product sales.

Niutech Environment Technology (SHSE:688309) Headlines

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