Shanghai Sinotec Past Earnings Performance
Past criteria checks 1/6
Shanghai Sinotec's earnings have been declining at an average annual rate of -13.3%, while the Auto Components industry saw earnings growing at 7.9% annually. Revenues have been growing at an average rate of 16.8% per year. Shanghai Sinotec's return on equity is 7.2%, and it has net margins of 9.2%.
Key information
-13.3%
Earnings growth rate
-18.3%
EPS growth rate
| Auto Components Industry Growth | 3.8% |
| Revenue growth rate | 16.8% |
| Return on equity | 7.2% |
| Net Margin | 9.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Shanghai Sinotec 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 |
|---|---|---|---|---|
| 31 Dec 23 | 1,261 | 116 | 141 | 71 |
| 30 Sep 23 | 1,188 | 77 | 131 | 63 |
| 30 Jun 23 | 1,113 | 52 | 122 | 60 |
| 31 Mar 23 | 983 | 30 | 109 | 55 |
| 31 Dec 22 | 905 | -8 | 105 | 50 |
| 30 Sep 22 | 842 | 18 | 105 | 48 |
| 30 Jun 22 | 851 | 26 | 107 | 50 |
| 31 Mar 22 | 905 | 46 | 110 | 54 |
| 31 Dec 21 | 921 | 68 | 107 | 51 |
| 30 Sep 21 | 903 | 71 | 98 | 50 |
| 30 Jun 21 | 823 | 73 | 94 | 40 |
| 31 Mar 21 | 747 | 72 | 90 | 32 |
| 31 Dec 20 | 638 | 59 | 82 | 30 |
| 30 Sep 20 | 620 | 71 | 87 | 29 |
| 30 Jun 20 | 611 | 78 | 86 | 32 |
| 31 Mar 20 | 605 | 87 | 89 | 33 |
| 31 Dec 19 | 631 | 98 | 102 | 34 |
| 30 Sep 19 | 593 | 94 | 106 | 34 |
| 30 Jun 19 | 562 | 89 | 102 | 36 |
| 31 Mar 19 | 547 | 88 | 97 | 35 |
| 31 Dec 18 | 513 | 78 | 86 | 37 |
| 31 Dec 17 | 444 | 99 | 65 | 26 |
| 31 Dec 16 | 328 | 70 | 52 | 24 |
| 31 Dec 15 | 300 | 62 | 51 | 14 |
| 31 Dec 14 | 289 | 88 | 41 | 0 |
Quality Earnings: 603121 has a large one-off loss of CN¥60.1M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 603121 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603121's earnings have declined by 13.3% per year over the past 5 years.
Accelerating Growth: 603121 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 603121 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Auto Components industry (27.2%).
Return on Equity
High ROE: 603121's Return on Equity (7.2%) is considered low.