Inner Mongolia First Machinery GroupLtd Past Earnings Performance
Past criteria checks 1/6
Inner Mongolia First Machinery GroupLtd has been growing earnings at an average annual rate of 5.8%, while the Machinery industry saw earnings growing at 7.4% annually. Revenues have been declining at an average rate of 4.3% per year. Inner Mongolia First Machinery GroupLtd's return on equity is 5.3%, and it has net margins of 6.8%.
Key information
5.8%
Earnings growth rate
5.4%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | -4.3% |
| Return on equity | 5.3% |
| Net Margin | 6.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Inner Mongolia First Machinery GroupLtd's (SHSE:600967) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Oct 31
Here's Why Inner Mongolia First Machinery GroupLtd (SHSE:600967) Has A Meaningful Debt Burden
Oct 13Investors Aren't Buying Inner Mongolia First Machinery Group Co.,Ltd.'s (SHSE:600967) Earnings
Sep 24Slowing Rates Of Return At Inner Mongolia First Machinery GroupLtd (SHSE:600967) Leave Little Room For Excitement
Jul 30Does Inner Mongolia First Machinery GroupLtd (SHSE:600967) Have A Healthy Balance Sheet?
Jun 19Inner Mongolia First Machinery Group Co.,Ltd.'s (SHSE:600967) Low P/E No Reason For Excitement
May 27Inner Mongolia First Machinery GroupLtd (SHSE:600967) Has More To Do To Multiply In Value Going Forward
Feb 28Revenue & Expenses Breakdown
How Inner Mongolia First Machinery GroupLtd 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 | 9,274 | 627 | 388 | 542 |
| 30 Jun 24 | 8,693 | 681 | 406 | 527 |
| 31 Mar 24 | 9,701 | 805 | 409 | 507 |
| 31 Dec 23 | 10,010 | 851 | 421 | 515 |
| 30 Sep 23 | 11,632 | 815 | 398 | 541 |
| 30 Jun 23 | 13,346 | 828 | 381 | 577 |
| 31 Mar 23 | 14,138 | 831 | 386 | 583 |
| 31 Dec 22 | 14,349 | 823 | 385 | 578 |
| 30 Sep 22 | 16,243 | 823 | 413 | 515 |
| 30 Jun 22 | 15,400 | 796 | 430 | 452 |
| 31 Mar 22 | 14,708 | 776 | 433 | 419 |
| 31 Dec 21 | 13,816 | 747 | 415 | 423 |
| 30 Sep 21 | 14,019 | 707 | 347 | 387 |
| 30 Jun 21 | 13,427 | 658 | 367 | 382 |
| 31 Mar 21 | 13,277 | 686 | 363 | 374 |
| 31 Dec 20 | 13,234 | 656 | 368 | 364 |
| 30 Sep 20 | 12,493 | 620 | 499 | 384 |
| 30 Jun 20 | 12,698 | 616 | 453 | 384 |
| 31 Mar 20 | 12,876 | 582 | 436 | 390 |
| 31 Dec 19 | 12,681 | 572 | 442 | 387 |
| 30 Sep 19 | 12,643 | 606 | 455 | 412 |
| 30 Jun 19 | 12,499 | 579 | 454 | 389 |
| 31 Mar 19 | 12,406 | 610 | 482 | 388 |
| 31 Dec 18 | 12,267 | 534 | 492 | 389 |
| 30 Sep 18 | 11,833 | 554 | 478 | 359 |
| 30 Jun 18 | 12,468 | 618 | 404 | 457 |
| 31 Mar 18 | 11,973 | 516 | 477 | 402 |
| 31 Dec 17 | 11,967 | 525 | 507 | 364 |
| 30 Sep 17 | 11,038 | 518 | 665 | 144 |
| 30 Jun 17 | 10,059 | 511 | 848 | 0 |
| 31 Mar 17 | 9,543 | 505 | 775 | 0 |
| 31 Dec 16 | 10,060 | 497 | 778 | 0 |
| 30 Sep 16 | 15,295 | 732 | 1,158 | 0 |
| 30 Jun 16 | 13,779 | 576 | 977 | 0 |
| 31 Mar 16 | 11,747 | 449 | 946 | 0 |
| 31 Dec 15 | 10,036 | 365 | 861 | 0 |
| 30 Sep 15 | 1,938 | -62 | 253 | 0 |
| 30 Jun 15 | 2,108 | -45 | 242 | 0 |
| 31 Mar 15 | 2,569 | 91 | 259 | 0 |
| 31 Dec 14 | 2,984 | 201 | 271 | 0 |
| 30 Sep 14 | 2,896 | 238 | 229 | 0 |
| 30 Jun 14 | 3,192 | 313 | 260 | 0 |
| 31 Mar 14 | 3,180 | 302 | 259 | 0 |
| 31 Dec 13 | 3,204 | 259 | 256 | 0 |
Quality Earnings: 600967 has a high level of non-cash earnings.
Growing Profit Margin: 600967's current net profit margins (6.8%) are lower than last year (7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600967's earnings have grown by 5.8% per year over the past 5 years.
Accelerating Growth: 600967's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 600967 had negative earnings growth (-23%) over the past year, making it difficult to compare to the Machinery industry average (-0.2%).
Return on Equity
High ROE: 600967's Return on Equity (5.3%) 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 | 2024/12/20 20:34 |
| End of Day Share Price | 2024/12/20 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 |
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| 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
Inner Mongolia First Machinery Group Co.,Ltd. is covered by 18 analysts. 3 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 |
|---|---|
| Jing Wei | Avic Securities Co., Ltd |
| Cheng Zhang | Changjiang Securities Co. LTD. |
| Zhongyu Liu | China International Capital Corporation Limited |