Changqing Machinery Company Limited

SHSE:603768 Stock Report

Market Cap: CN¥2.8b

Changqing Machinery Past Earnings Performance

Past criteria checks 2/6

Changqing Machinery has been growing earnings at an average annual rate of 23.6%, while the Auto Components industry saw earnings growing at 9.2% annually. Revenues have been growing at an average rate of 12% per year. Changqing Machinery's return on equity is 3.5%, and it has net margins of 2.6%.

Key information

23.6%

Earnings growth rate

23.8%

EPS growth rate

Auto Components Industry Growth3.8%
Revenue growth rate12.0%
Return on equity3.5%
Net Margin2.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Changqing Machinery Company Limited's (SHSE:603768) Shares May Have Run Too Fast Too Soon

Nov 05
Changqing Machinery Company Limited's (SHSE:603768) Shares May Have Run Too Fast Too Soon

Capital Allocation Trends At Changqing Machinery (SHSE:603768) Aren't Ideal

Oct 15
Capital Allocation Trends At Changqing Machinery (SHSE:603768) Aren't Ideal

There Is A Reason Changqing Machinery Company Limited's (SHSE:603768) Price Is Undemanding

Jun 06
There Is A Reason Changqing Machinery Company Limited's (SHSE:603768) Price Is Undemanding

Returns At Changqing Machinery (SHSE:603768) Are On The Way Up

Apr 23
Returns At Changqing Machinery (SHSE:603768) Are On The Way Up

Why Investors Shouldn't Be Surprised By Changqing Machinery Company Limited's (SHSE:603768) Low P/E

Feb 28
Why Investors Shouldn't Be Surprised By Changqing Machinery Company Limited's (SHSE:603768) Low P/E

Revenue & Expenses Breakdown

How Changqing Machinery makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SHSE:603768 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 243,37787193136
30 Jun 243,26779179127
31 Mar 243,201111160121
31 Dec 233,249132165110
30 Sep 233,114136164110
30 Jun 233,192147175105
31 Mar 233,21514117199
31 Dec 223,1639616993
30 Sep 223,1165714585
30 Jun 222,9252413579
31 Mar 222,9653413678
31 Dec 213,0095914279
30 Sep 212,9387817373
30 Jun 212,85110816772
31 Mar 212,65011217168
31 Dec 202,2977515961
30 Sep 202,1276714458
30 Jun 201,8821515257
31 Mar 201,727-1115855
31 Dec 191,8342516653
30 Sep 191,8004016246
30 Jun 191,8687415646
31 Mar 191,8947014447
31 Dec 181,8747813850
30 Sep 181,99810914455
30 Jun 182,00012910381
31 Mar 181,92913511668
31 Dec 171,91612712853
30 Sep 171,80312112941
30 Jun 171,7481271700
31 Mar 171,6661431680
31 Dec 161,4921481630
31 Dec 151,137771220
31 Dec 141,387881460
31 Dec 131,3221221330

Quality Earnings: 603768 has high quality earnings.

Growing Profit Margin: 603768's current net profit margins (2.6%) are lower than last year (4.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 603768's earnings have grown significantly by 23.6% per year over the past 5 years.

Accelerating Growth: 603768's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 603768 had negative earnings growth (-36.4%) over the past year, making it difficult to compare to the Auto Components industry average (10.5%).

Return on Equity

High ROE: 603768's Return on Equity (3.5%) 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 Analysis2024/12/25 17:43
End of Day Share Price 2024/12/25 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Changqing Machinery Company Limited 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.

AnalystInstitution