Changzhou Langbo Sealing TechnologiesLtd Past Earnings Performance
Past criteria checks 3/6
Changzhou Langbo Sealing TechnologiesLtd's earnings have been declining at an average annual rate of -2.2%, while the Auto Components industry saw earnings growing at 9.2% annually. Revenues have been growing at an average rate of 5.6% per year. Changzhou Langbo Sealing TechnologiesLtd's return on equity is 5.2%, and it has net margins of 12.4%.
Key information
-2.2%
Earnings growth rate
-2.3%
EPS growth rate
| Auto Components Industry Growth | 3.8% |
| Revenue growth rate | 5.6% |
| Return on equity | 5.2% |
| Net Margin | 12.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Investors Shouldn't Be Too Comfortable With Changzhou Langbo Sealing TechnologiesLtd's (SHSE:603655) Earnings
Nov 02
Changzhou Langbo Sealing TechnologiesLtd's (SHSE:603655) Promising Earnings May Rest On Soft Foundations
May 02Recent updates
Investors Shouldn't Be Too Comfortable With Changzhou Langbo Sealing TechnologiesLtd's (SHSE:603655) Earnings
Nov 02Changzhou Langbo Sealing Technologies Co.,Ltd.'s (SHSE:603655) 39% Share Price Surge Not Quite Adding Up
Oct 17Changzhou Langbo Sealing TechnologiesLtd's (SHSE:603655) Promising Earnings May Rest On Soft Foundations
May 02Changzhou Langbo Sealing Technologies Co.,Ltd.'s (SHSE:603655) Business Is Trailing The Industry But Its Shares Aren't
Feb 28Revenue & Expenses Breakdown
How Changzhou Langbo Sealing TechnologiesLtd 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 24 | 225 | 28 | 39 | 10 |
| 30 Jun 24 | 216 | 26 | 38 | 10 |
| 31 Mar 24 | 205 | 23 | 37 | 10 |
| 31 Dec 23 | 197 | 20 | 36 | 10 |
| 30 Sep 23 | 190 | 18 | 39 | 9 |
| 30 Jun 23 | 185 | 18 | 38 | 9 |
| 31 Mar 23 | 173 | 16 | 38 | 9 |
| 31 Dec 22 | 176 | 15 | 39 | 9 |
| 30 Sep 22 | 173 | 12 | 36 | 9 |
| 30 Jun 22 | 175 | 14 | 36 | 9 |
| 31 Mar 22 | 185 | 18 | 37 | 9 |
| 31 Dec 21 | 193 | 25 | 37 | 9 |
| 30 Sep 21 | 194 | 27 | 36 | 9 |
| 30 Jun 21 | 193 | 28 | 36 | 9 |
| 31 Mar 21 | 191 | 29 | 36 | 9 |
| 31 Dec 20 | 169 | 23 | 33 | 9 |
| 30 Sep 20 | 168 | 25 | 33 | 9 |
| 30 Jun 20 | 156 | 22 | 32 | 9 |
| 31 Mar 20 | 150 | 21 | 31 | 8 |
| 31 Dec 19 | 160 | 23 | 32 | 9 |
| 30 Sep 19 | 153 | 20 | 29 | 8 |
| 30 Jun 19 | 157 | 20 | 31 | 9 |
| 31 Mar 19 | 166 | 22 | 32 | 9 |
| 31 Dec 18 | 174 | 30 | 32 | 9 |
| 30 Sep 18 | 185 | 34 | 35 | 9 |
| 30 Jun 18 | 188 | 38 | 27 | 13 |
| 31 Mar 18 | 189 | 40 | 29 | 11 |
| 31 Dec 17 | 187 | 35 | 30 | 8 |
| 30 Sep 17 | 179 | 34 | 32 | 6 |
| 31 Dec 16 | 156 | 30 | 36 | 0 |
| 31 Dec 15 | 142 | 34 | 31 | 0 |
| 31 Dec 14 | 134 | 35 | 27 | 0 |
Quality Earnings: 603655 has a large one-off gain of CN¥6.1M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 603655's current net profit margins (12.4%) are higher than last year (9.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603655's earnings have declined by 2.2% per year over the past 5 years.
Accelerating Growth: 603655's earnings growth over the past year (51.9%) exceeds its 5-year average (-2.2% per year).
Earnings vs Industry: 603655 earnings growth over the past year (51.9%) exceeded the Auto Components industry 10.5%.
Return on Equity
High ROE: 603655's Return on Equity (5.2%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 11:51 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Changzhou Langbo Sealing Technologies Co.,Ltd. is covered by 0 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.
| Analyst | Institution |
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