Wencan Group Co., Ltd.

XSSC:603348 Stock Report

Market Cap: CN¥7.6b

Wencan Group Past Earnings Performance

Past criteria checks 5/6

Wencan Group has been growing earnings at an average annual rate of 8.5%, while the Auto Components industry saw earnings growing at 9.2% annually. Revenues have been growing at an average rate of 24.3% per year. Wencan Group's return on equity is 2.3%, and it has net margins of 1.6%.

Key information

8.5%

Earnings growth rate

5.3%

EPS growth rate

Auto Components Industry Growth3.8%
Revenue growth rate24.3%
Return on equity2.3%
Net Margin1.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Wencan Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

XSSC:603348 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 245,98398386137
30 Jun 245,615118389143
31 Mar 245,309110374140
31 Dec 235,10150373143
30 Sep 235,16129385159
30 Jun 235,349115379160
31 Mar 235,258161375164
31 Dec 225,230238356157
30 Sep 225,035287332138
30 Jun 224,521160316125
31 Mar 224,305126325119
31 Dec 214,11297340117
30 Sep 214,11178366123
30 Jun 213,991123362119
31 Mar 213,395124321102
31 Dec 202,6038425782
30 Sep 201,9099821165
30 Jun 201,4436816655
31 Mar 201,4104715757
31 Dec 191,5387116362
30 Sep 191,5116715565
30 Jun 191,59410315668
31 Mar 191,65711815373
31 Dec 181,62012514972
30 Sep 181,68516514272
30 Jun 181,600145103100
31 Mar 181,59816311781
31 Dec 171,55715512865
30 Sep 171,41314413446
30 Jun 171,4181681810
31 Mar 171,2641601650
31 Dec 161,2171551610
30 Sep 161,1711501610
30 Jun 161,1241451600
31 Mar 161,1461481560
31 Dec 151,1671511560
30 Sep 151,1391341420
30 Jun 151,1121171330
31 Mar 151,044981290
31 Dec 14976791210
31 Dec 13952681110

Quality Earnings: 603348 has high quality earnings.

Growing Profit Margin: 603348's current net profit margins (1.6%) are higher than last year (0.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 603348's earnings have grown by 8.5% per year over the past 5 years.

Accelerating Growth: 603348's earnings growth over the past year (242%) exceeds its 5-year average (8.5% per year).

Earnings vs Industry: 603348 earnings growth over the past year (242%) exceeded the Auto Components industry 10.5%.


Return on Equity

High ROE: 603348's Return on Equity (2.3%) 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 Analysis2024/12/23 16:27
End of Day Share Price 2024/12/23 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

Wencan Group Co., Ltd. is covered by 15 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joey YangBofA Global Research
Fu YangChasing Securities
Chen HeChasing Securities