Neway CNC Equipment (Suzhou) Co., Ltd.

SHSE:688697 Stock Report

Market Cap: CN¥5.7b

Neway CNC Equipment (Suzhou) Past Earnings Performance

Past criteria checks 2/6

Neway CNC Equipment (Suzhou) has been growing earnings at an average annual rate of 29.3%, while the Machinery industry saw earnings growing at 7.4% annually. Revenues have been growing at an average rate of 17.9% per year. Neway CNC Equipment (Suzhou)'s return on equity is 18.9%, and it has net margins of 12.8%.

Key information

29.3%

Earnings growth rate

23.2%

EPS growth rate

Machinery Industry Growth11.8%
Revenue growth rate17.9%
Return on equity18.9%
Net Margin12.8%
Last Earnings Update30 Sep 2024

Recent past performance updates

Neway CNC Equipment (Suzhou)'s (SHSE:688697) Shareholders May Want To Dig Deeper Than Statutory Profit

Nov 05
Neway CNC Equipment (Suzhou)'s (SHSE:688697) Shareholders May Want To Dig Deeper Than Statutory Profit

Neway CNC Equipment (Suzhou)'s (SHSE:688697) Solid Earnings May Rest On Weak Foundations

Apr 01
Neway CNC Equipment (Suzhou)'s (SHSE:688697) Solid Earnings May Rest On Weak Foundations

Recent updates

Investors Met With Slowing Returns on Capital At Neway CNC Equipment (Suzhou) (SHSE:688697)

Nov 27
Investors Met With Slowing Returns on Capital At Neway CNC Equipment (Suzhou) (SHSE:688697)

Neway CNC Equipment (Suzhou)'s (SHSE:688697) Shareholders May Want To Dig Deeper Than Statutory Profit

Nov 05
Neway CNC Equipment (Suzhou)'s (SHSE:688697) Shareholders May Want To Dig Deeper Than Statutory Profit

Is Neway CNC Equipment (Suzhou) (SHSE:688697) A Risky Investment?

Oct 18
Is Neway CNC Equipment (Suzhou) (SHSE:688697) A Risky Investment?

Neway CNC Equipment (Suzhou) Co., Ltd.'s (SHSE:688697) Subdued P/E Might Signal An Opportunity

Sep 26
Neway CNC Equipment (Suzhou) Co., Ltd.'s (SHSE:688697) Subdued P/E Might Signal An Opportunity

Neway CNC Equipment (Suzhou) (SHSE:688697) Seems To Use Debt Quite Sensibly

Jul 03
Neway CNC Equipment (Suzhou) (SHSE:688697) Seems To Use Debt Quite Sensibly

Lacklustre Performance Is Driving Neway CNC Equipment (Suzhou) Co., Ltd.'s (SHSE:688697) Low P/E

Jun 07
Lacklustre Performance Is Driving Neway CNC Equipment (Suzhou) Co., Ltd.'s (SHSE:688697) Low P/E

Neway CNC Equipment (Suzhou)'s (SHSE:688697) Solid Earnings May Rest On Weak Foundations

Apr 01
Neway CNC Equipment (Suzhou)'s (SHSE:688697) Solid Earnings May Rest On Weak Foundations

Analysts Have Lowered Expectations For Neway CNC Equipment (Suzhou) Co., Ltd. (SHSE:688697) After Its Latest Results

Mar 30
Analysts Have Lowered Expectations For Neway CNC Equipment (Suzhou) Co., Ltd. (SHSE:688697) After Its Latest Results

Calculating The Intrinsic Value Of Neway CNC Equipment (Suzhou) Co., Ltd. (SHSE:688697)

Mar 22
Calculating The Intrinsic Value Of Neway CNC Equipment (Suzhou) Co., Ltd. (SHSE:688697)

Neway CNC Equipment (Suzhou) Co., Ltd.'s (SHSE:688697) Shares Bounce 33% But Its Business Still Trails The Market

Feb 26
Neway CNC Equipment (Suzhou) Co., Ltd.'s (SHSE:688697) Shares Bounce 33% But Its Business Still Trails The Market

Revenue & Expenses Breakdown

How Neway CNC Equipment (Suzhou) makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SHSE:688697 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,416309205108
30 Jun 242,376310208109
31 Mar 242,342315206106
31 Dec 232,321318202102
30 Sep 232,237309188100
30 Jun 232,10829816995
31 Mar 231,94628115289
31 Dec 221,84626215482
30 Sep 221,78324316681
30 Jun 221,75921617180
31 Mar 221,79820317877
31 Dec 211,71316916974
30 Sep 211,57513315473
30 Jun 211,42211813664
31 Mar 211,2369512153
31 Dec 201,16510411050
31 Dec 199706213740
31 Dec 189686213231
31 Dec 176362110230

Quality Earnings: 688697 has a high level of non-cash earnings.

Growing Profit Margin: 688697's current net profit margins (12.8%) are lower than last year (13.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 688697's earnings have grown significantly by 29.3% per year over the past 5 years.

Accelerating Growth: 688697's earnings growth over the past year (0.3%) is below its 5-year average (29.3% per year).

Earnings vs Industry: 688697 earnings growth over the past year (0.3%) exceeded the Machinery industry -0.06%.


Return on Equity

High ROE: 688697's Return on Equity (18.9%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 18:27
End of Day Share Price 2024/12/24 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

Neway CNC Equipment (Suzhou) Co., Ltd. is covered by 2 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.

AnalystInstitution
Pei LuChina Galaxy Securities Co., Ltd.
Zhengyang NiHuatai Research