Wencan Group Past Earnings Performance
Past criteria checks 1/6
Wencan Group has been growing earnings at an average annual rate of 8.8%, while the Auto Components industry saw earnings growing at 7.6% annually. Revenues have been growing at an average rate of 29.8% per year. Wencan Group's return on equity is 0.9%, and it has net margins of 0.6%.
Key information
8.8%
Earnings growth rate
2.1%
EPS growth rate
| Auto Components Industry Growth | 3.8% |
| Revenue growth rate | 29.8% |
| Return on equity | 0.9% |
| Net Margin | 0.6% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Wencan Group 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 | 5,161 | 29 | 385 | 159 |
| 30 Jun 23 | 5,349 | 115 | 379 | 160 |
| 31 Mar 23 | 5,258 | 161 | 375 | 164 |
| 31 Dec 22 | 5,230 | 238 | 356 | 157 |
| 30 Sep 22 | 5,035 | 287 | 332 | 138 |
| 30 Jun 22 | 4,521 | 160 | 316 | 125 |
| 31 Mar 22 | 4,305 | 126 | 325 | 119 |
| 31 Dec 21 | 4,112 | 97 | 340 | 117 |
| 30 Sep 21 | 4,111 | 78 | 366 | 123 |
| 30 Jun 21 | 3,991 | 123 | 362 | 119 |
| 31 Mar 21 | 3,395 | 124 | 321 | 102 |
| 31 Dec 20 | 2,603 | 84 | 257 | 82 |
| 30 Sep 20 | 1,909 | 98 | 211 | 65 |
| 30 Jun 20 | 1,443 | 68 | 166 | 55 |
| 31 Mar 20 | 1,410 | 47 | 157 | 57 |
| 31 Dec 19 | 1,538 | 71 | 163 | 62 |
| 30 Sep 19 | 1,511 | 67 | 155 | 65 |
| 30 Jun 19 | 1,594 | 103 | 156 | 68 |
| 31 Mar 19 | 1,657 | 118 | 153 | 73 |
| 31 Dec 18 | 1,620 | 125 | 149 | 72 |
| 30 Sep 18 | 1,685 | 165 | 142 | 72 |
| 30 Jun 18 | 1,600 | 145 | 103 | 100 |
| 31 Mar 18 | 1,598 | 163 | 117 | 81 |
| 31 Dec 17 | 1,557 | 155 | 128 | 65 |
| 30 Sep 17 | 1,413 | 144 | 134 | 46 |
| 30 Jun 17 | 1,418 | 168 | 181 | 0 |
| 31 Mar 17 | 1,264 | 160 | 165 | 0 |
| 31 Dec 16 | 1,217 | 155 | 161 | 0 |
| 30 Sep 16 | 1,171 | 150 | 161 | 0 |
| 30 Jun 16 | 1,124 | 145 | 160 | 0 |
| 31 Mar 16 | 1,146 | 148 | 156 | 0 |
| 31 Dec 15 | 1,167 | 151 | 156 | 0 |
| 30 Sep 15 | 1,139 | 134 | 142 | 0 |
| 30 Jun 15 | 1,112 | 117 | 133 | 0 |
| 31 Mar 15 | 1,044 | 98 | 129 | 0 |
| 31 Dec 14 | 976 | 79 | 121 | 0 |
| 31 Dec 13 | 952 | 68 | 111 | 0 |
Quality Earnings: 603348 has a large one-off loss of CN¥16.8M impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: 603348's current net profit margins (0.6%) are lower than last year (5.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603348's earnings have grown by 8.8% per year over the past 5 years.
Accelerating Growth: 603348's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603348 had negative earnings growth (-90%) over the past year, making it difficult to compare to the Auto Components industry average (27.2%).
Return on Equity
High ROE: 603348's Return on Equity (0.9%) is considered low.