Atlantic China Welding Consumables Past Earnings Performance
Past criteria checks 4/6
Atlantic China Welding Consumables has been growing earnings at an average annual rate of 4%, while the Machinery industry saw earnings growing at 7.3% annually. Revenues have been growing at an average rate of 4.9% per year. Atlantic China Welding Consumables's return on equity is 5.4%, and it has net margins of 3.3%.
Key information
4.0%
Earnings growth rate
4.0%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 4.9% |
| Return on equity | 5.4% |
| Net Margin | 3.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
We Like These Underlying Return On Capital Trends At Atlantic China Welding Consumables (SHSE:600558)
Nov 22
We Think That There Are Issues Underlying Atlantic China Welding Consumables' (SHSE:600558) Earnings
Sep 02Return Trends At Atlantic China Welding Consumables (SHSE:600558) Aren't Appealing
Mar 26Revenue & Expenses Breakdown
How Atlantic China Welding Consumables 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 | 3,491 | 116 | 223 | 80 |
| 30 Jun 24 | 3,531 | 111 | 227 | 75 |
| 31 Mar 24 | 3,531 | 105 | 220 | 73 |
| 31 Dec 23 | 3,438 | 101 | 211 | 71 |
| 30 Sep 23 | 3,515 | 91 | 238 | 70 |
| 30 Jun 23 | 3,440 | 83 | 210 | 74 |
| 31 Mar 23 | 3,335 | 75 | 206 | 72 |
| 31 Dec 22 | 3,340 | 68 | 195 | 66 |
| 30 Sep 22 | 3,245 | 51 | 156 | 60 |
| 30 Jun 22 | 3,343 | 67 | 163 | 51 |
| 31 Mar 22 | 3,437 | 66 | 177 | 46 |
| 31 Dec 21 | 3,445 | 77 | 183 | 44 |
| 30 Sep 21 | 3,469 | 129 | 124 | 45 |
| 30 Jun 21 | 3,407 | 125 | 177 | 44 |
| 31 Mar 21 | 3,369 | 139 | 191 | 44 |
| 31 Dec 20 | 3,012 | 106 | 189 | 43 |
| 30 Sep 20 | 2,868 | 99 | 289 | 40 |
| 30 Jun 20 | 2,762 | 86 | 255 | 40 |
| 31 Mar 20 | 2,604 | 72 | 245 | 37 |
| 31 Dec 19 | 2,788 | 83 | 249 | 37 |
| 30 Sep 19 | 2,819 | 33 | 267 | 36 |
| 30 Jun 19 | 2,777 | 42 | 263 | 35 |
| 31 Mar 19 | 2,749 | 62 | 259 | 37 |
| 31 Dec 18 | 2,574 | 62 | 251 | 37 |
| 30 Sep 18 | 2,504 | 78 | 232 | 37 |
| 30 Jun 18 | 2,354 | 70 | 207 | 51 |
| 31 Mar 18 | 2,184 | 40 | 193 | 42 |
| 31 Dec 17 | 2,110 | 47 | 201 | 32 |
| 30 Sep 17 | 1,960 | 39 | 210 | 22 |
| 30 Jun 17 | 1,879 | 38 | 238 | 0 |
| 31 Mar 17 | 1,792 | 48 | 240 | 0 |
| 31 Dec 16 | 1,682 | 44 | 236 | 0 |
| 30 Sep 16 | 1,652 | 65 | 223 | 0 |
| 30 Jun 16 | 1,624 | 64 | 231 | 0 |
| 31 Mar 16 | 1,652 | 63 | 230 | 0 |
| 31 Dec 15 | 1,692 | 66 | 230 | 0 |
| 30 Sep 15 | 1,807 | 65 | 224 | 0 |
| 30 Jun 15 | 1,950 | 61 | 221 | 0 |
| 31 Mar 15 | 2,087 | 61 | 232 | 0 |
| 31 Dec 14 | 2,209 | 60 | 229 | 0 |
| 30 Sep 14 | 2,236 | 50 | 225 | 0 |
| 30 Jun 14 | 2,207 | 50 | 227 | 0 |
| 31 Mar 14 | 2,188 | 39 | 214 | 0 |
| 31 Dec 13 | 2,186 | 40 | 210 | 0 |
Quality Earnings: 600558 has a large one-off gain of CN¥29.6M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 600558's current net profit margins (3.3%) are higher than last year (2.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600558's earnings have grown by 4% per year over the past 5 years.
Accelerating Growth: 600558's earnings growth over the past year (27.9%) exceeds its 5-year average (4% per year).
Earnings vs Industry: 600558 earnings growth over the past year (27.9%) exceeded the Machinery industry -0.4%.
Return on Equity
High ROE: 600558's Return on Equity (5.4%) is considered low.