Zhejiang Jinfei Kaida Wheel Co.,Ltd.

SZSE:002863 Stock Report

Market Cap: CN¥2.8b

Zhejiang Jinfei Kaida WheelLtd Past Earnings Performance

Past criteria checks 1/6

Zhejiang Jinfei Kaida WheelLtd has been growing earnings at an average annual rate of 8.7%, while the Auto Components industry saw earnings growing at 9.2% annually. Revenues have been growing at an average rate of 10.1% per year. Zhejiang Jinfei Kaida WheelLtd's return on equity is 2.8%, and it has net margins of 1.7%.

Key information

8.7%

Earnings growth rate

2.0%

EPS growth rate

Auto Components Industry Growth3.8%
Revenue growth rate10.1%
Return on equity2.8%
Net Margin1.7%
Last Earnings Update30 Sep 2024

Recent past performance updates

Zhejiang Jinfei Kaida WheelLtd's (SZSE:002863) Earnings Quality Is Low

Nov 06
Zhejiang Jinfei Kaida WheelLtd's (SZSE:002863) Earnings Quality Is Low

Zhejiang Jinfei Kaida WheelLtd's (SZSE:002863) Sluggish Earnings Might Be Just The Beginning Of Its Problems

May 03
Zhejiang Jinfei Kaida WheelLtd's (SZSE:002863) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Recent updates

Zhejiang Jinfei Kaida WheelLtd's (SZSE:002863) Earnings Quality Is Low

Nov 06
Zhejiang Jinfei Kaida WheelLtd's (SZSE:002863) Earnings Quality Is Low

Zhejiang Jinfei Kaida WheelLtd's (SZSE:002863) Sluggish Earnings Might Be Just The Beginning Of Its Problems

May 03
Zhejiang Jinfei Kaida WheelLtd's (SZSE:002863) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Why Investors Shouldn't Be Surprised By Zhejiang Jinfei Kaida Wheel Co.,Ltd.'s (SZSE:002863) Low P/E

Feb 28
Why Investors Shouldn't Be Surprised By Zhejiang Jinfei Kaida Wheel Co.,Ltd.'s (SZSE:002863) Low P/E

Revenue & Expenses Breakdown

How Zhejiang Jinfei Kaida WheelLtd makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:002863 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 244,59277221170
30 Jun 244,59877226155
31 Mar 244,42574229158
31 Dec 234,40974214156
30 Sep 234,334110210171
30 Jun 234,300110208171
31 Mar 234,277120182160
01 Jan 234,219113183168
30 Sep 224,330134192160
30 Jun 224,131142173172
31 Mar 224,001136177175
01 Jan 223,955135178153
30 Sep 213,66470156138
30 Jun 213,56073158117
31 Mar 213,3446916798
31 Dec 203,1156516587
30 Sep 203,0026618773
30 Jun 202,9556618279
31 Mar 203,0196117579
31 Dec 192,9465719182
30 Sep 192,93056187101
30 Jun 192,8194919088
31 Mar 192,8055920186
31 Dec 182,8786519486
30 Sep 182,8947719977
30 Jun 182,77362162113
31 Mar 182,6556117294
31 Dec 172,5806117978
30 Sep 172,4397118853
30 Jun 172,378762460
31 Mar 172,346742290
31 Dec 162,294732250
31 Dec 152,132571920
31 Dec 142,144581890
31 Dec 131,974611700

Quality Earnings: 002863 has a large one-off gain of CN¥55.3M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 002863's current net profit margins (1.7%) are lower than last year (2.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 002863's earnings have grown by 8.7% per year over the past 5 years.

Accelerating Growth: 002863's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 002863 had negative earnings growth (-30.3%) over the past year, making it difficult to compare to the Auto Components industry average (10.5%).


Return on Equity

High ROE: 002863's Return on Equity (2.8%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 02:25
End of Day Share Price 2024/12/24 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

Zhejiang Jinfei Kaida Wheel 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.

AnalystInstitution