Minmetals Development Past Earnings Performance
Past criteria checks 1/6
Minmetals Development has been growing earnings at an average annual rate of 2.2%, while the Trade Distributors industry saw earnings growing at 6.7% annually. Revenues have been growing at an average rate of 4.3% per year. Minmetals Development's return on equity is 2%, and it has net margins of 0.2%.
Key information
2.2%
Earnings growth rate
-0.3%
EPS growth rate
| Trade Distributors Industry Growth | 9.5% |
| Revenue growth rate | 4.3% |
| Return on equity | 2.0% |
| Net Margin | 0.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Minmetals Development's (SHSE:600058) Conservative Accounting Might Explain Soft Earnings
Nov 06
Investors Will Want Minmetals Development's (SHSE:600058) Growth In ROCE To Persist
Oct 24There's No Escaping Minmetals Development Co., Ltd.'s (SHSE:600058) Muted Revenues
Sep 28Minmetals Development (SHSE:600058) Seems To Be Using A Lot Of Debt
May 27Minmetals Development's (SHSE:600058) Soft Earnings Are Actually Better Than They Appear
Apr 09Some Shareholders Feeling Restless Over Minmetals Development Co., Ltd.'s (SHSE:600058) P/E Ratio
Mar 25Revenue & Expenses Breakdown
How Minmetals Development 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 | 70,367 | 156 | 1,065 | 17 |
| 30 Jun 24 | 74,797 | 50 | 1,187 | 14 |
| 31 Mar 24 | 75,460 | 57 | 1,236 | 13 |
| 31 Dec 23 | 78,996 | 199 | 1,245 | 11 |
| 30 Sep 23 | 83,777 | 186 | 1,316 | 25 |
| 30 Jun 23 | 81,548 | 190 | 1,243 | 23 |
| 31 Mar 23 | 84,232 | 271 | 1,312 | 21 |
| 31 Dec 22 | 81,477 | 366 | 1,334 | 20 |
| 30 Sep 22 | 79,180 | 486 | 1,178 | 2 |
| 30 Jun 22 | 82,128 | 560 | 1,186 | 0 |
| 31 Mar 22 | 86,137 | 517 | 1,204 | 0 |
| 31 Dec 21 | 87,508 | 479 | 1,239 | 0 |
| 30 Sep 21 | 84,476 | 374 | 1,246 | 0 |
| 30 Jun 21 | 83,582 | 414 | 1,255 | 0 |
| 31 Mar 21 | 74,998 | 409 | 1,274 | 0 |
| 31 Dec 20 | 67,319 | 269 | 1,199 | 0 |
| 30 Sep 20 | 66,940 | 281 | 1,270 | 0 |
| 30 Jun 20 | 62,924 | 232 | 1,306 | 0 |
| 31 Mar 20 | 59,489 | 101 | 1,264 | 0 |
| 31 Dec 19 | 62,249 | 174 | 1,265 | 0 |
| 30 Sep 19 | 61,061 | -267 | 1,969 | 0 |
| 30 Jun 19 | 58,199 | -563 | 1,807 | 0 |
| 31 Mar 19 | 57,756 | -801 | 1,993 | 0 |
| 31 Dec 18 | 56,530 | -804 | 1,992 | 0 |
| 30 Sep 18 | 55,946 | -399 | 1,723 | 0 |
| 30 Jun 18 | 56,784 | -134 | 1,651 | 0 |
| 31 Mar 18 | 58,328 | 48 | 1,766 | 0 |
| 31 Dec 17 | 59,020 | 35 | 1,754 | 0 |
| 30 Sep 17 | 55,752 | 37 | 1,556 | 0 |
| 30 Jun 17 | 51,674 | -65 | 1,794 | 0 |
| 31 Mar 17 | 45,283 | -123 | 1,505 | 0 |
| 31 Dec 16 | 40,727 | 29 | 1,513 | 0 |
| 30 Sep 16 | 36,532 | -3,002 | 3,351 | 0 |
| 30 Jun 16 | 43,285 | -3,547 | 3,543 | 0 |
| 31 Mar 16 | 52,223 | -3,694 | 3,744 | 0 |
| 31 Dec 15 | 61,986 | -3,953 | 3,943 | 0 |
| 30 Sep 15 | 78,025 | -887 | 1,977 | 0 |
| 30 Jun 15 | 100,388 | -109 | 2,015 | 0 |
| 31 Mar 15 | 114,589 | 69 | 1,980 | 0 |
| 31 Dec 14 | 134,559 | 210 | 1,927 | 0 |
| 30 Sep 14 | 182,121 | 225 | 1,797 | 0 |
| 30 Jun 14 | 196,020 | 115 | 2,026 | 0 |
| 31 Mar 14 | 207,860 | 216 | 1,796 | 0 |
| 31 Dec 13 | 203,259 | 280 | 1,817 | 0 |
Quality Earnings: 600058 has a large one-off loss of CN¥382.9M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 600058's current net profit margins (0.2%) are lower than last year (0.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600058 has become profitable over the past 5 years, growing earnings by 2.2% per year.
Accelerating Growth: 600058's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 600058 had negative earnings growth (-16.3%) over the past year, making it difficult to compare to the Trade Distributors industry average (-16.9%).
Return on Equity
High ROE: 600058's Return on Equity (2%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 20:08 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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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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
Minmetals Development Co., Ltd. is covered by 3 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.
| Analyst | Institution |
|---|---|
| He Tao Wang | Changjiang Securities Co. LTD. |
| Zhaohua Wang | Guodu Securities Co. |
| Xiuxin Nie | Ping An Securities Co. Ltd. |