Ningxia Qinglong Pipes Industry Group Past Earnings Performance
Past criteria checks 4/6
Ningxia Qinglong Pipes Industry Group's earnings have been declining at an average annual rate of -10.7%, while the Construction industry saw earnings growing at 6.6% annually. Revenues have been growing at an average rate of 4.4% per year. Ningxia Qinglong Pipes Industry Group's return on equity is 6%, and it has net margins of 5%.
Key information
-10.7%
Earnings growth rate
-11.3%
EPS growth rate
| Construction Industry Growth | 8.6% |
| Revenue growth rate | 4.4% |
| Return on equity | 6.0% |
| Net Margin | 5.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Ningxia Qinglong Pipes Industry Group Co., Ltd.'s (SZSE:002457) Shares Climb 38% But Its Business Is Yet to Catch Up
Oct 11
Here's What's Concerning About Ningxia Qinglong Pipes Industry Group's (SZSE:002457) Returns On Capital
Oct 01Ningxia Qinglong Pipes Industry Group (SZSE:002457) Will Pay A Smaller Dividend Than Last Year
May 12Ningxia Qinglong Pipes Industry Group's (SZSE:002457) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 16Revenue & 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
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 2,564 | 127 | 554 | 60 |
| 30 Jun 24 | 2,321 | 83 | 524 | 58 |
| 31 Mar 24 | 2,219 | 26 | 507 | 60 |
| 31 Dec 23 | 2,061 | 25 | 464 | 59 |
| 30 Sep 23 | 2,271 | 93 | 415 | 74 |
| 30 Jun 23 | 2,397 | 137 | 409 | 71 |
| 31 Mar 23 | 2,477 | 168 | 372 | 81 |
| 01 Jan 23 | 2,574 | 168 | 408 | 83 |
| 30 Sep 22 | 2,545 | 144 | 356 | 76 |
| 30 Jun 22 | 2,581 | 144 | 329 | 82 |
| 31 Mar 22 | 2,500 | 135 | 359 | 82 |
| 01 Jan 22 | 2,437 | 143 | 344 | 79 |
| 30 Sep 21 | 2,448 | 218 | 257 | 73 |
| 30 Jun 21 | 2,389 | 228 | 305 | 67 |
| 31 Mar 21 | 2,208 | 208 | 290 | 59 |
| 31 Dec 20 | 2,064 | 167 | 273 | 59 |
| 30 Sep 20 | 1,691 | 88 | 387 | 51 |
| 30 Jun 20 | 1,883 | 111 | 409 | 45 |
| 31 Mar 20 | 1,914 | 121 | 399 | 38 |
| 31 Dec 19 | 1,999 | 157 | 405 | 35 |
| 30 Sep 19 | 2,022 | 140 | 398 | 35 |
| 30 Jun 19 | 1,673 | 95 | 298 | 29 |
| 31 Mar 19 | 1,536 | 86 | 288 | 26 |
| 31 Dec 18 | 1,447 | 74 | 268 | 25 |
| 30 Sep 18 | 1,396 | 127 | 258 | 12 |
| 30 Jun 18 | 1,264 | 68 | 259 | 15 |
| 31 Mar 18 | 1,169 | 15 | 229 | 12 |
| 31 Dec 17 | 1,207 | 19 | 226 | 10 |
| 30 Sep 17 | 933 | -57 | 170 | 8 |
| 30 Jun 17 | 894 | -22 | 176 | 0 |
| 31 Mar 17 | 861 | 16 | 173 | 0 |
| 31 Dec 16 | 825 | 21 | 180 | 0 |
| 30 Sep 16 | 746 | 33 | 216 | 0 |
| 30 Jun 16 | 798 | 33 | 214 | 0 |
| 31 Mar 16 | 803 | 47 | 204 | 0 |
| 31 Dec 15 | 819 | 49 | 194 | 0 |
| 30 Sep 15 | 819 | 19 | 175 | 0 |
| 30 Jun 15 | 806 | 36 | 185 | 0 |
| 31 Mar 15 | 865 | 58 | 181 | 0 |
| 31 Dec 14 | 856 | 58 | 184 | 0 |
| 30 Sep 14 | 1,102 | 99 | 222 | 0 |
| 30 Jun 14 | 1,228 | 114 | 259 | 0 |
| 31 Mar 14 | 1,265 | 116 | 255 | 0 |
| 31 Dec 13 | 1,239 | 113 | 252 | 0 |
Quality Earnings: 002457 has high quality earnings.
Growing Profit Margin: 002457's current net profit margins (5%) are higher than last year (4.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002457's earnings have declined by 10.7% per year over the past 5 years.
Accelerating Growth: 002457's earnings growth over the past year (37.1%) exceeds its 5-year average (-10.7% per year).
Earnings vs Industry: 002457 earnings growth over the past year (37.1%) exceeded the Construction industry -3.9%.
Return on Equity
High ROE: 002457's Return on Equity (6%) 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 17:45 |
| 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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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
Ningxia Qinglong Pipes Industry Group Co., Ltd. is covered by 7 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 |
|---|---|
| Jingjing Wang | China Merchants Securities Co. Ltd. |
| Miao Wang | China Merchants Securities Co. Ltd. |
| Si Ha | Cinda Securities Co., Ltd |