Sumec Corporation Limited

SHSE:600710 Stock Report

Market Cap: CN¥10.9b

Sumec Past Earnings Performance

Past criteria checks 5/6

Sumec has been growing earnings at an average annual rate of 18.8%, while the Trade Distributors industry saw earnings growing at 10.7% annually. Revenues have been growing at an average rate of 10.7% per year. Sumec's return on equity is 22.8%, and it has net margins of 0.9%.

Key information

18.8%

Earnings growth rate

18.7%

EPS growth rate

Trade Distributors Industry Growth9.5%
Revenue growth rate10.7%
Return on equity22.8%
Net Margin0.9%
Last Earnings Update31 Mar 2024

Recent past performance updates

We Like The Quality Of Sumec's (SHSE:600710) Earnings

Apr 25
We Like The Quality Of Sumec's (SHSE:600710) Earnings

Recent updates

We Like The Quality Of Sumec's (SHSE:600710) Earnings

Apr 25
We Like The Quality Of Sumec's (SHSE:600710) Earnings

Benign Growth For Sumec Corporation Limited (SHSE:600710) Underpins Its Share Price

Apr 02
Benign Growth For Sumec Corporation Limited (SHSE:600710) Underpins Its Share Price

We Think Sumec (SHSE:600710) Can Stay On Top Of Its Debt

Mar 04
We Think Sumec (SHSE:600710) Can Stay On Top Of Its Debt

Revenue & Expenses Breakdown
Beta

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


Earnings and Revenue History

SHSE:600710 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 24115,7241,0432,755497
31 Dec 23122,9811,0302,745497
30 Sep 23122,2391,0242,414460
30 Jun 23129,0359752,464467
31 Mar 23141,4619542,505494
31 Dec 22141,1489132,605462
30 Sep 22159,4939002,490518
30 Jun 22166,0928472,378486
31 Mar 22166,3697782,397476
31 Dec 21168,6827672,340475
30 Sep 21152,2966762,332417
30 Jun 21134,1086722,527412
31 Mar 21115,4896772,568406
31 Dec 2098,5905462,501366
30 Sep 2091,3635403,135379
30 Jun 2088,4514663,045375
31 Mar 2083,0374412,982351
31 Dec 1985,6724523,006371
30 Sep 1987,5815432,673334
30 Jun 1983,2964832,549319
31 Mar 1983,3654622,526300
31 Dec 1881,9594552,482289
30 Sep 1881,5554332,196360
30 Jun 1879,6223991,967468
31 Mar 1874,8913642,030411
31 Dec 1774,0863582,035357
30 Sep 1770,8934781,977175
30 Jun 1762,8373642,1320
31 Mar 1758,7632882,1220
31 Dec 1650,1732072,0940
30 Sep 1671,729783,2290
30 Jun 1662,380-512,7590
31 Mar 1649,185-2052,2360
31 Dec 1541,479-2621,8300
30 Sep 151,032-4301950
30 Jun 151,081-3292160
31 Mar 151,117-2072040
31 Dec 141,165-1802140
30 Sep 141,094-1702170
30 Jun 141,073-1942120
31 Mar 141,131-2122070
31 Dec 131,150-2162030
30 Sep 131,096-1451630
30 Jun 131,112-831700

Quality Earnings: 600710 has high quality earnings.

Growing Profit Margin: 600710's current net profit margins (0.9%) are higher than last year (0.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 600710's earnings have grown by 18.8% per year over the past 5 years.

Accelerating Growth: 600710's earnings growth over the past year (9.3%) is below its 5-year average (18.8% per year).

Earnings vs Industry: 600710 earnings growth over the past year (9.3%) exceeded the Trade Distributors industry -4.5%.


Return on Equity

High ROE: 600710's Return on Equity (22.8%) is considered high.


Return on Assets


Return on Capital Employed


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