Essence Fastening Systems (Shanghai) Past Earnings Performance
Past criteria checks 0/6
Essence Fastening Systems (Shanghai)'s earnings have been declining at an average annual rate of -21.7%, while the Auto Components industry saw earnings growing at 9% annually. Revenues have been growing at an average rate of 12.8% per year. Essence Fastening Systems (Shanghai)'s return on equity is 2.7%, and it has net margins of 4.8%.
Key information
-21.7%
Earnings growth rate
-28.8%
EPS growth rate
| Auto Components Industry Growth | 3.8% |
| Revenue growth rate | 12.8% |
| Return on equity | 2.7% |
| Net Margin | 4.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Essence Fastening Systems (Shanghai) (SZSE:301005) Is Reinvesting At Lower Rates Of Return
Nov 18
Optimistic Investors Push Essence Fastening Systems (Shanghai) Co., Ltd. (SZSE:301005) Shares Up 40% But Growth Is Lacking
Oct 08Essence Fastening Systems (Shanghai)'s (SZSE:301005) Problems Go Beyond Weak Profit
Aug 29Essence Fastening Systems (Shanghai) (SZSE:301005) May Have Issues Allocating Its Capital
Jul 25Essence Fastening Systems (Shanghai) Co., Ltd.'s (SZSE:301005) Business Is Trailing The Industry But Its Shares Aren't
Jun 24Essence Fastening Systems (Shanghai) (SZSE:301005) May Have Issues Allocating Its Capital
Apr 17Essence Fastening Systems (Shanghai) Co., Ltd.'s (SZSE:301005) 29% Price Boost Is Out Of Tune With Revenues
Mar 11Revenue & Expenses Breakdown
How Essence Fastening Systems (Shanghai) 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 | 605 | 29 | 79 | 34 |
| 30 Jun 24 | 578 | 31 | 78 | 34 |
| 31 Mar 24 | 544 | 29 | 75 | 33 |
| 31 Dec 23 | 493 | 24 | 69 | 32 |
| 30 Sep 23 | 471 | 39 | 59 | 33 |
| 30 Jun 23 | 484 | 48 | 57 | 30 |
| 31 Mar 23 | 452 | 53 | 56 | 26 |
| 01 Jan 23 | 470 | 62 | 54 | 22 |
| 30 Sep 22 | 438 | 60 | 47 | 20 |
| 30 Jun 22 | 388 | 61 | 38 | 19 |
| 31 Mar 22 | 404 | 73 | 35 | 20 |
| 01 Jan 22 | 394 | 76 | 32 | 20 |
| 30 Sep 21 | 405 | 89 | 31 | 19 |
| 30 Jun 21 | 397 | 91 | 30 | 19 |
| 31 Mar 21 | 379 | 89 | 28 | 18 |
| 31 Dec 20 | 345 | 81 | 25 | 16 |
| 31 Dec 19 | 307 | 44 | 35 | 14 |
| 31 Dec 18 | 302 | 45 | 28 | 14 |
| 31 Dec 17 | 278 | 4 | 59 | 13 |
Quality Earnings: 301005 has a large one-off gain of CN¥22.4M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 301005's current net profit margins (4.8%) are lower than last year (8.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301005's earnings have declined by 21.7% per year over the past 5 years.
Accelerating Growth: 301005's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301005 had negative earnings growth (-26.7%) over the past year, making it difficult to compare to the Auto Components industry average (11%).
Return on Equity
High ROE: 301005's Return on Equity (2.7%) is considered low.