Chongqing Wangbian Electric (Group) Past Earnings Performance
Past criteria checks 1/6
Chongqing Wangbian Electric (Group) has been growing earnings at an average annual rate of 4.8%, while the Electrical industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 18.3% per year. Chongqing Wangbian Electric (Group)'s return on equity is 3.1%, and it has net margins of 2.3%.
Key information
4.8%
Earnings growth rate
-1.6%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 18.3% |
| Return on equity | 3.1% |
| Net Margin | 2.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Chongqing Wangbian Electric (Group)'s (SHSE:603191) Problems Go Beyond Weak Profit
Nov 06
We Think That There Are More Issues For Chongqing Wangbian Electric (Group) (SHSE:603191) Than Just Sluggish Earnings
May 02Recent updates
Chongqing Wangbian Electric (Group)'s (SHSE:603191) Problems Go Beyond Weak Profit
Nov 06Chongqing Wangbian Electric (Group) (SHSE:603191) Is Reinvesting At Lower Rates Of Return
Aug 20We Think That There Are More Issues For Chongqing Wangbian Electric (Group) (SHSE:603191) Than Just Sluggish Earnings
May 02Return Trends At Chongqing Wangbian Electric (Group) (SHSE:603191) Aren't Appealing
Mar 04Revenue & Expenses Breakdown
How Chongqing Wangbian Electric (Group) 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 | 3,123 | 73 | 271 | 38 |
| 30 Jun 24 | 2,908 | 115 | 222 | 32 |
| 31 Mar 24 | 2,673 | 178 | 194 | 30 |
| 31 Dec 23 | 2,718 | 235 | 194 | 29 |
| 30 Sep 23 | 2,751 | 312 | 180 | 27 |
| 30 Jun 23 | 2,637 | 336 | 182 | 31 |
| 31 Mar 23 | 2,712 | 342 | 177 | 29 |
| 31 Dec 22 | 2,526 | 298 | 160 | 28 |
| 30 Sep 22 | 2,306 | 264 | 133 | 30 |
| 30 Jun 22 | 2,176 | 226 | 131 | 25 |
| 31 Mar 22 | 1,978 | 183 | 128 | 19 |
| 31 Dec 21 | 1,933 | 178 | 125 | 19 |
| 31 Dec 20 | 1,297 | 143 | 102 | 18 |
| 31 Dec 19 | 1,108 | 109 | 113 | 16 |
| 31 Mar 19 | 964 | 73 | 99 | 18 |
| 31 Dec 18 | 881 | 56 | 97 | 14 |
| 30 Sep 18 | 764 | 55 | 87 | 3 |
| 30 Jun 18 | 684 | 57 | 87 | 1 |
| 31 Mar 18 | 609 | 52 | 89 | 12 |
| 31 Dec 17 | 571 | 63 | 84 | 12 |
| 30 Sep 17 | 523 | 59 | 86 | 2 |
| 30 Jun 17 | 509 | 53 | 82 | 1 |
| 31 Mar 17 | 455 | 53 | 76 | 0 |
| 31 Dec 16 | 451 | 54 | 76 | 0 |
| 30 Sep 16 | 425 | 56 | 69 | 0 |
| 30 Jun 16 | 399 | 58 | 61 | 0 |
| 31 Mar 16 | 393 | 49 | 61 | 0 |
| 31 Dec 15 | 386 | 41 | 60 | 0 |
| 30 Sep 15 | 416 | 32 | 66 | 0 |
| 30 Jun 15 | 445 | 24 | 71 | 0 |
| 31 Mar 15 | 421 | 22 | 67 | 0 |
| 31 Dec 14 | 396 | 21 | 63 | 0 |
Quality Earnings: 603191 has a high level of non-cash earnings.
Growing Profit Margin: 603191's current net profit margins (2.3%) are lower than last year (11.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603191's earnings have grown by 4.8% per year over the past 5 years.
Accelerating Growth: 603191's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603191 had negative earnings growth (-76.7%) over the past year, making it difficult to compare to the Electrical industry average (1.1%).
Return on Equity
High ROE: 603191's Return on Equity (3.1%) 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 | 2024/12/25 15:39 |
| End of Day Share Price | 2024/12/25 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
Chongqing Wangbian Electric (Group) Corp., Ltd. is covered by 4 analysts. 2 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 |
|---|---|
| Mingzhi Wang | Industrial Securities Co. Ltd. |
| Shuai Wang | Industrial Securities Co. Ltd. |
| Yongkang Deng | Minsheng Securities Co. |