Shandong Donghong Pipe Industry Co., Ltd.

SHSE:603856 Stock Report

Market Cap: CN¥2.6b

Shandong Donghong Pipe Industry Past Earnings Performance

Past criteria checks 4/6

Shandong Donghong Pipe Industry's earnings have been declining at an average annual rate of -10.4%, while the Building industry saw earnings growing at 3.5% annually. Revenues have been growing at an average rate of 9.8% per year. Shandong Donghong Pipe Industry's return on equity is 7.4%, and it has net margins of 6%.

Key information

-10.4%

Earnings growth rate

-10.3%

EPS growth rate

Building Industry Growth7.0%
Revenue growth rate9.8%
Return on equity7.4%
Net Margin6.0%
Next Earnings Update25 Apr 2025

Recent past performance updates

Concerns Surrounding Shandong Donghong Pipe Industry's (SHSE:603856) Performance

Sep 02
Concerns Surrounding Shandong Donghong Pipe Industry's (SHSE:603856) Performance

Recent updates

Concerns Surrounding Shandong Donghong Pipe Industry's (SHSE:603856) Performance

Sep 02
Concerns Surrounding Shandong Donghong Pipe Industry's (SHSE:603856) Performance

Revenue & Expenses Breakdown

How Shandong Donghong Pipe Industry makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SHSE:603856 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,90717621288
30 Jun 242,89716824488
31 Mar 242,86716521586
31 Dec 232,86416123688
30 Sep 232,89615227198
30 Jun 232,99416323999
31 Mar 232,98415426192
31 Dec 222,85114924885
30 Sep 222,65114119567
30 Jun 222,48813919553
31 Mar 222,32013419655
31 Dec 212,20913319854
30 Sep 212,42525214260
30 Jun 212,47430615666
31 Mar 212,47832517566
31 Dec 202,39331917062
30 Sep 202,14526721958
30 Jun 202,02824120552
31 Mar 201,80819718249
31 Dec 191,83920118453
30 Sep 191,74817315946
30 Jun 191,74017116547
31 Mar 191,68015813944
31 Dec 181,63715414043
30 Sep 181,74314516551
30 Jun 181,65412714161
31 Mar 181,63914314750
31 Dec 171,50612213942
30 Sep 171,31611816919
31 Dec 161,124981710
31 Dec 151,1331001570
31 Dec 141,071881470

Quality Earnings: 603856 has high quality earnings.

Growing Profit Margin: 603856's current net profit margins (6%) are higher than last year (5.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 603856's earnings have declined by 10.4% per year over the past 5 years.

Accelerating Growth: 603856's earnings growth over the past year (15.8%) exceeds its 5-year average (-10.4% per year).

Earnings vs Industry: 603856 earnings growth over the past year (15.8%) exceeded the Building industry -8%.


Return on Equity

High ROE: 603856's Return on Equity (7.4%) 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 Analysis2025/01/10 05:37
End of Day Share Price 2025/01/10 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Shandong Donghong Pipe Industry Co., Ltd. is covered by 5 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.

AnalystInstitution
Ting WangChina Galaxy Securities Co., Ltd.
Weifeng SunEverbright Securities Co. Ltd.
Chenyang FengHaitong International Research Limited