Changgao Electric Group Co., Ltd.

SZSE:002452 Stock Report

Market Cap: CN¥7.4b

Changgao Electric Group Past Earnings Performance

Past criteria checks 5/6

Changgao Electric Group has been growing earnings at an average annual rate of 10.6%, while the Electrical industry saw earnings growing at 1.8% annually. Revenues have been growing at an average rate of 3.7% per year. Changgao Electric Group's return on equity is 13.1%, and it has net margins of 22.6%.

Key information

10.61%

Earnings growth rate

6.98%

EPS growth rate

Electrical Industry Growth14.01%
Revenue growth rate3.75%
Return on equity13.08%
Net Margin22.56%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Analysis Article • Sep 30

Is Changgao Electric Group (SZSE:002452) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Aug 20

Changgao Electric Group Co., Ltd.'s (SZSE:002452) Prospects Need A Boost To Lift Shares

With a price-to-earnings (or "P/E") ratio of 22.3x Changgao Electric Group Co., Ltd. ( SZSE:002452 ) may be sending...
Analysis Article • Jun 17

Changgao Electric Group (SZSE:002452) Is Looking To Continue Growing Its Returns On Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
Analysis Article • Apr 24

We Think Changgao Electric Group (SZSE:002452) Can Manage Its Debt With Ease

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Mar 04

Even With A 30% Surge, Cautious Investors Are Not Rewarding Changgao Electric Group Co., Ltd.'s (SZSE:002452) Performance Completely

Those holding Changgao Electric Group Co., Ltd. ( SZSE:002452 ) shares would be relieved that the share price has...

Revenue & Expenses Breakdown

How Changgao Electric Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SZSE:002452 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 261,62236623198
31 Dec 251,665343240124
30 Sep 251,831274288136
30 Jun 251,763236295120
31 Mar 251,845256280122
01 Jan 251,76025227994
30 Sep 241,56119023786
30 Jun 241,57121023282
31 Mar 241,52018223379
31 Dec 231,49317321876
30 Sep 231,48913824371
30 Jun 231,3829221777
31 Mar 231,2245021780
01 Jan 231,2235821388
30 Sep 221,21314418791
30 Jun 221,31118320088
31 Mar 221,48324719385
31 Dec 211,52125120178
30 Sep 211,62123116355
30 Jun 211,64621616266
31 Mar 211,62022317872
01 Jan 211,56221316968
30 Sep 201,44422521088
30 Jun 201,29820520968
31 Mar 201,19816520058
31 Dec 191,15914521157
30 Sep 191,237-11824649
30 Jun 191,148-16924656
31 Mar 191,050-22724555
31 Dec 181,053-24624657
30 Sep 181,001-4620471
30 Jun 181,102-1116686
31 Mar 181,3902619975
31 Dec 171,4166120265
30 Sep 171,36212520031
30 Jun 171,4521262440
31 Mar 171,3001162210
31 Dec 161,2931212070
30 Sep 161,259881950
30 Jun 161,012811580
31 Mar 16761721310
31 Dec 15664681210
30 Sep 15489711010
30 Jun 15462781040

Quality Earnings: 002452 has high quality earnings.

Growing Profit Margin: 002452's current net profit margins (22.6%) are higher than last year (13.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 002452's earnings have grown by 10.6% per year over the past 5 years.

Accelerating Growth: 002452's earnings growth over the past year (43%) exceeds its 5-year average (10.6% per year).

Earnings vs Industry: 002452 earnings growth over the past year (43%) exceeded the Electrical industry 2.8%.

Return on Equity

High ROE: 002452's Return on Equity (13.1%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/25 08:26
End of Day Share Price 2026/06/25 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Changgao Electric Group Co., Ltd. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pengwei HuaCitic Securities Co., Ltd.
Zishuo LiCitic Securities Co., Ltd.
Xin HeHuatai Research