Fujian Longxi Bearing (Group) Co., Ltd

SHSE:600592 Stock Report

Market Cap: CN¥4.1b

Fujian Longxi Bearing (Group) Past Earnings Performance

Past criteria checks 1/6

Fujian Longxi Bearing (Group) has been growing earnings at an average annual rate of 3.1%, while the Machinery industry saw earnings growing at 7.4% annually. Revenues have been growing at an average rate of 16.5% per year. Fujian Longxi Bearing (Group)'s return on equity is 6.5%, and it has net margins of 8.1%.

Key information

3.1%

Earnings growth rate

3.1%

EPS growth rate

Machinery Industry Growth11.8%
Revenue growth rate16.5%
Return on equity6.5%
Net Margin8.1%
Last Earnings Update30 Sep 2024

Recent past performance updates

Some Investors May Be Willing To Look Past Fujian Longxi Bearing (Group)'s (SHSE:600592) Soft Earnings

Sep 02
Some Investors May Be Willing To Look Past Fujian Longxi Bearing (Group)'s (SHSE:600592) Soft Earnings

Recent updates

Some Investors May Be Willing To Look Past Fujian Longxi Bearing (Group)'s (SHSE:600592) Soft Earnings

Sep 02
Some Investors May Be Willing To Look Past Fujian Longxi Bearing (Group)'s (SHSE:600592) Soft Earnings

Fujian Longxi Bearing (Group) (SHSE:600592) Shareholders Will Want The ROCE Trajectory To Continue

Apr 23
Fujian Longxi Bearing (Group) (SHSE:600592) Shareholders Will Want The ROCE Trajectory To Continue

Is Fujian Longxi Bearing (Group) (SHSE:600592) A Risky Investment?

Mar 28
Is Fujian Longxi Bearing (Group) (SHSE:600592) A Risky Investment?

There's No Escaping Fujian Longxi Bearing (Group) Co., Ltd's (SHSE:600592) Muted Earnings Despite A 26% Share Price Rise

Mar 06
There's No Escaping Fujian Longxi Bearing (Group) Co., Ltd's (SHSE:600592) Muted Earnings Despite A 26% Share Price Rise

Revenue & Expenses Breakdown

How Fujian Longxi Bearing (Group) makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SHSE:600592 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,076168119141
30 Jun 241,972116120131
31 Mar 241,963135113131
31 Dec 231,904168113127
30 Sep 231,856194107120
30 Jun 231,834119128123
31 Mar 231,77279114128
31 Dec 221,719-6115123
30 Sep 221,60396116108
30 Jun 221,56418199115
31 Mar 221,510258109107
31 Dec 211,435298107109
30 Sep 211,436209107113
30 Jun 211,398232104109
31 Mar 211,310204108104
31 Dec 201,15915099108
30 Sep 201,079147111100
30 Jun 209694610793
31 Mar 20901-1010797
01 Jan 2094614611391
30 Sep 1990611210396
30 Jun 1994316010294
31 Mar 191,01218911792
31 Dec 181,0268810987
30 Sep 181,0309711879
30 Jun 181,0349585116
31 Mar 18964878892
31 Dec 178907110577
30 Sep 1785212412054
30 Jun 17745901680
31 Mar 17672681670
31 Dec 16612621620
30 Sep 16567351750
30 Jun 16562331630
31 Mar 16584431700
31 Dec 15600521690
30 Sep 15634101600
30 Jun 15653441610
31 Mar 15653441640
31 Dec 14730491770
30 Sep 14736661840
30 Jun 14734471870
31 Mar 14728431640
31 Dec 13705511430

Quality Earnings: 600592 has a large one-off gain of CN¥46.4M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 600592's current net profit margins (8.1%) are lower than last year (10.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 600592's earnings have grown by 3.1% per year over the past 5 years.

Accelerating Growth: 600592's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 600592 had negative earnings growth (-13.4%) over the past year, making it difficult to compare to the Machinery industry average (-0.2%).


Return on Equity

High ROE: 600592's Return on Equity (6.5%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 20:17
End of Day Share Price 2024/12/20 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

Fujian Longxi Bearing (Group) Co., Ltd is covered by 1 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
Lujing LiTianfeng Securities Brokerage Co., Ltd