Ningbo Construction Past Earnings Performance
Past criteria checks 2/6
Ningbo Construction has been growing earnings at an average annual rate of 5.8%, while the Construction industry saw earnings growing at 6.6% annually. Revenues have been growing at an average rate of 4.2% per year. Ningbo Construction's return on equity is 6.2%, and it has net margins of 1.4%.
Key information
5.8%
Earnings growth rate
2.1%
EPS growth rate
| Construction Industry Growth | 8.6% |
| Revenue growth rate | 4.2% |
| Return on equity | 6.2% |
| Net Margin | 1.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Ningbo Construction Co., Ltd. (SHSE:601789) Shares Fly 35% But Investors Aren't Buying For Growth
Nov 18
Investors Aren't Buying Ningbo Construction Co., Ltd.'s (SHSE:601789) Earnings
Sep 30Some May Be Optimistic About Ningbo Construction's (SHSE:601789) Earnings
Apr 22Ningbo Construction Co., Ltd. (SHSE:601789) Surges 28% Yet Its Low P/E Is No Reason For Excitement
Mar 11Revenue & Expenses Breakdown
How Ningbo Construction 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 | 21,907 | 312 | 909 | 564 |
| 30 Jun 24 | 22,279 | 298 | 905 | 569 |
| 31 Mar 24 | 22,648 | 316 | 902 | 556 |
| 31 Dec 23 | 22,673 | 329 | 872 | 537 |
| 30 Sep 23 | 22,196 | 359 | 656 | 505 |
| 30 Jun 23 | 22,127 | 352 | 621 | 504 |
| 31 Mar 23 | 21,592 | 343 | 594 | 503 |
| 31 Dec 22 | 21,867 | 349 | 607 | 497 |
| 30 Sep 22 | 20,943 | 356 | 708 | 469 |
| 30 Jun 22 | 20,970 | 358 | 686 | 482 |
| 31 Mar 22 | 21,070 | 433 | 623 | 466 |
| 31 Dec 21 | 21,320 | 416 | 633 | 479 |
| 30 Sep 21 | 20,987 | 394 | 528 | 446 |
| 30 Jun 21 | 21,157 | 389 | 561 | 412 |
| 31 Mar 21 | 21,071 | 309 | 653 | 389 |
| 31 Dec 20 | 19,797 | 280 | 639 | 330 |
| 30 Sep 20 | 20,032 | 255 | 714 | 317 |
| 30 Jun 20 | 19,168 | 242 | 665 | 266 |
| 31 Mar 20 | 18,491 | 224 | 646 | 254 |
| 31 Dec 19 | 18,555 | 240 | 654 | 220 |
| 30 Sep 19 | 17,212 | 224 | 616 | 181 |
| 30 Jun 19 | 16,418 | 225 | 568 | 167 |
| 31 Mar 19 | 16,207 | 228 | 565 | 156 |
| 31 Dec 18 | 15,542 | 220 | 554 | 156 |
| 30 Sep 18 | 15,885 | 225 | 458 | 119 |
| 30 Jun 18 | 15,820 | 226 | 478 | 82 |
| 31 Mar 18 | 15,798 | 226 | 442 | 35 |
| 31 Dec 17 | 14,746 | 214 | 418 | 35 |
| 30 Sep 17 | 14,855 | 205 | 406 | 23 |
| 30 Jun 17 | 14,035 | 203 | 413 | 0 |
| 31 Mar 17 | 13,660 | 196 | 395 | 0 |
| 31 Dec 16 | 13,696 | 195 | 387 | 0 |
| 30 Sep 16 | 13,015 | 179 | 413 | 0 |
| 30 Jun 16 | 13,320 | 190 | 407 | 0 |
| 31 Mar 16 | 12,860 | 186 | 391 | 0 |
| 31 Dec 15 | 13,276 | 191 | 374 | 0 |
| 30 Sep 15 | 13,442 | 191 | 347 | 0 |
| 30 Jun 15 | 13,672 | 184 | 347 | 0 |
| 31 Mar 15 | 14,227 | 184 | 363 | 0 |
| 31 Dec 14 | 13,644 | 184 | 358 | 0 |
| 30 Sep 14 | 13,679 | 222 | 342 | 0 |
| 30 Jun 14 | 13,611 | 223 | 337 | 0 |
| 31 Mar 14 | 13,481 | 235 | 312 | 0 |
| 31 Dec 13 | 13,499 | 227 | 314 | 0 |
Quality Earnings: 601789 has high quality earnings.
Growing Profit Margin: 601789's current net profit margins (1.4%) are lower than last year (1.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 601789's earnings have grown by 5.8% per year over the past 5 years.
Accelerating Growth: 601789's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 601789 had negative earnings growth (-13.1%) over the past year, making it difficult to compare to the Construction industry average (-3.9%).
Return on Equity
High ROE: 601789's Return on Equity (6.2%) 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 02:37 |
| 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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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
Ningbo Construction Co., Ltd. is covered by 5 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 |
|---|---|
| Chao Fan | Changjiang Securities Co. LTD. |
| Wei Zhou | Founder Securities Co., Ltd. |
| RongFu Bao | Huatai Research |