Jiangsu LiXing General Steel Ball Co.,Ltd.

SZSE:300421 Stock Report

Market Cap: CN¥3.5b

Jiangsu LiXing General Steel BallLtd Past Earnings Performance

Past criteria checks 2/6

Jiangsu LiXing General Steel BallLtd has been growing earnings at an average annual rate of 4.4%, while the Auto Components industry saw earnings growing at 9.2% annually. Revenues have been growing at an average rate of 7.7% per year. Jiangsu LiXing General Steel BallLtd's return on equity is 4.3%, and it has net margins of 5.2%.

Key information

4.4%

Earnings growth rate

3.9%

EPS growth rate

Auto Components Industry Growth3.8%
Revenue growth rate7.7%
Return on equity4.3%
Net Margin5.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

Weak Statutory Earnings May Not Tell The Whole Story For Jiangsu LiXing General Steel BallLtd (SZSE:300421)

Aug 07
Weak Statutory Earnings May Not Tell The Whole Story For Jiangsu LiXing General Steel BallLtd (SZSE:300421)

Recent updates

Jiangsu LiXing General Steel Ball Co.,Ltd.'s (SZSE:300421) 27% Price Boost Is Out Of Tune With Earnings

Dec 02
Jiangsu LiXing General Steel Ball Co.,Ltd.'s (SZSE:300421) 27% Price Boost Is Out Of Tune With Earnings

Jiangsu LiXing General Steel Ball Co.,Ltd.'s (SZSE:300421) 36% Price Boost Is Out Of Tune With Earnings

Oct 08
Jiangsu LiXing General Steel Ball Co.,Ltd.'s (SZSE:300421) 36% Price Boost Is Out Of Tune With Earnings

Investors Met With Slowing Returns on Capital At Jiangsu LiXing General Steel BallLtd (SZSE:300421)

Sep 30
Investors Met With Slowing Returns on Capital At Jiangsu LiXing General Steel BallLtd (SZSE:300421)

Jiangsu LiXing General Steel Ball Co.,Ltd.'s (SZSE:300421) 27% Share Price Surge Not Quite Adding Up

Aug 21
Jiangsu LiXing General Steel Ball Co.,Ltd.'s (SZSE:300421) 27% Share Price Surge Not Quite Adding Up

Weak Statutory Earnings May Not Tell The Whole Story For Jiangsu LiXing General Steel BallLtd (SZSE:300421)

Aug 07
Weak Statutory Earnings May Not Tell The Whole Story For Jiangsu LiXing General Steel BallLtd (SZSE:300421)

After Leaping 29% Jiangsu LiXing General Steel Ball Co.,Ltd. (SZSE:300421) Shares Are Not Flying Under The Radar

May 22
After Leaping 29% Jiangsu LiXing General Steel Ball Co.,Ltd. (SZSE:300421) Shares Are Not Flying Under The Radar

Even With A 30% Surge, Cautious Investors Are Not Rewarding Jiangsu LiXing General Steel Ball Co.,Ltd.'s (SZSE:300421) Performance Completely

Mar 08
Even With A 30% Surge, Cautious Investors Are Not Rewarding Jiangsu LiXing General Steel Ball Co.,Ltd.'s (SZSE:300421) Performance Completely

Is Now An Opportune Moment To Examine Jiangsu LiXing General Steel Ball Co.,Ltd. (SZSE:300421)?

Mar 06
Is Now An Opportune Moment To Examine Jiangsu LiXing General Steel Ball Co.,Ltd. (SZSE:300421)?

Revenue & Expenses Breakdown

How Jiangsu LiXing General Steel BallLtd makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:300421 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,028545655
30 Jun 241,016605458
31 Mar 241,009586056
31 Dec 231,002605754
30 Sep 231,023795156
30 Jun 231,006685439
31 Mar 23983674652
01 Jan 23981625057
30 Sep 22930455857
30 Jun 22947586169
31 Mar 22959696154
01 Jan 22974906250
30 Sep 219941074348
30 Jun 219501024246
31 Mar 21887874443
31 Dec 20787614537
30 Sep 20732397035
30 Jun 20713297333
31 Mar 20705287631
31 Dec 19729396932
30 Sep 19706586334
30 Jun 19709666135
31 Mar 19714736235
31 Dec 18706736633
30 Sep 18733764951
30 Jun 18714755743
31 Mar 18674746034
31 Dec 17663746229
30 Sep 1759969780
30 Jun 1754768700
31 Mar 1751963640
31 Dec 1648658600
30 Sep 1648154570
30 Jun 1647755580
31 Mar 1647955570
31 Dec 1547854510
30 Sep 1548054450
30 Jun 1548750440
31 Mar 1547454420
31 Dec 1447152420
31 Dec 1342450390

Quality Earnings: 300421 has high quality earnings.

Growing Profit Margin: 300421's current net profit margins (5.2%) are lower than last year (7.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 300421's earnings have grown by 4.4% per year over the past 5 years.

Accelerating Growth: 300421's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 300421 had negative earnings growth (-32.3%) over the past year, making it difficult to compare to the Auto Components industry average (10.5%).


Return on Equity

High ROE: 300421's Return on Equity (4.3%) 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 22:09
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

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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

Jiangsu LiXing General Steel Ball Co.,Ltd. is covered by 2 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
Weizhi YuanChasing Securities
Xiaolan BaiGuotai Junan Securities