Ningxia Qinglong Pipes Industry Group Co., Ltd.

SZSE:002457 Stock Report

Market Cap: CN¥2.6b

Ningxia Qinglong Pipes Industry Group Past Earnings Performance

Past criteria checks 0/6

Ningxia Qinglong Pipes Industry Group's earnings have been declining at an average annual rate of -5.4%, while the Construction industry saw earnings growing at 7.8% annually. Revenues have been growing at an average rate of 6.7% per year. Ningxia Qinglong Pipes Industry Group's return on equity is 2%, and it has net margins of 1.2%.

Key information

-5.4%

Earnings growth rate

-5.5%

EPS growth rate

Construction Industry Growth8.6%
Revenue growth rate6.7%
Return on equity2.0%
Net Margin1.2%
Last Earnings Update31 Mar 2024

Recent past performance updates

Ningxia Qinglong Pipes Industry Group's (SZSE:002457) Shareholders Have More To Worry About Than Only Soft Earnings

Apr 16
Ningxia Qinglong Pipes Industry Group's (SZSE:002457) Shareholders Have More To Worry About Than Only Soft Earnings

Recent updates

Ningxia Qinglong Pipes Industry Group (SZSE:002457) Will Pay A Smaller Dividend Than Last Year

May 12
Ningxia Qinglong Pipes Industry Group (SZSE:002457) Will Pay A Smaller Dividend Than Last Year

Ningxia Qinglong Pipes Industry Group's (SZSE:002457) Shareholders Have More To Worry About Than Only Soft Earnings

Apr 16
Ningxia Qinglong Pipes Industry Group's (SZSE:002457) Shareholders Have More To Worry About Than Only Soft Earnings

Revenue & Expenses Breakdown

How Ningxia Qinglong Pipes Industry Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:002457 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 242,2192650760
31 Dec 232,0612546459
30 Sep 232,2719341275
31 Mar 232,47716837281
01 Jan 232,57416840883
30 Sep 222,54514435676
30 Jun 222,58114432982
31 Mar 222,50013535982
01 Jan 222,43714334479
30 Sep 212,44821825773
30 Jun 212,38922830567
31 Mar 212,20820829059
31 Dec 202,06416727359
30 Sep 201,6918838751
30 Jun 201,88311140945
31 Mar 201,91412139938
31 Dec 191,99915740535
30 Sep 192,02214039835
30 Jun 191,6739529829
31 Mar 191,5368628826
31 Dec 181,4477426825
30 Sep 181,39612725812
30 Jun 181,2646825915
31 Mar 181,1691522912
31 Dec 171,2071922610
30 Sep 17933-571708
30 Jun 17894-221760
31 Mar 17861161730
31 Dec 16825211800
30 Sep 16746332160
30 Jun 16798332140
31 Mar 16803472040
31 Dec 15819491940
30 Sep 15819191750
30 Jun 15806361850
31 Mar 15865581810
31 Dec 14856581840
30 Sep 141,102992220
30 Jun 141,2281142590
31 Mar 141,2651162550
31 Dec 131,2391132520
30 Sep 131,003792010
30 Jun 13852701500

Quality Earnings: 002457 has a large one-off gain of CN¥19.3M impacting its last 12 months of financial results to 31st March, 2024.

Growing Profit Margin: 002457's current net profit margins (1.2%) are lower than last year (6.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 002457's earnings have declined by 5.4% per year over the past 5 years.

Accelerating Growth: 002457's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 002457 had negative earnings growth (-84.8%) over the past year, making it difficult to compare to the Construction industry average (-7.1%).


Return on Equity

High ROE: 002457's Return on Equity (2%) is considered low.


Return on Assets


Return on Capital Employed


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