Guangdong Rifeng Electric Cable Co., Ltd.

SZSE:002953 Stock Report

Market Cap: CN¥3.9b

Guangdong Rifeng Electric Cable Past Earnings Performance

Past criteria checks 5/6

Guangdong Rifeng Electric Cable has been growing earnings at an average annual rate of 5.1%, while the Electrical industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 20.6% per year. Guangdong Rifeng Electric Cable's return on equity is 8.7%, and it has net margins of 4.1%.

Key information

5.1%

Earnings growth rate

0.7%

EPS growth rate

Electrical Industry Growth14.0%
Revenue growth rate20.6%
Return on equity8.7%
Net Margin4.1%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Guangdong Rifeng Electric Cable Co., Ltd.'s (SZSE:002953) 27% Price Boost Is Out Of Tune With Earnings

Mar 07
Guangdong Rifeng Electric Cable Co., Ltd.'s (SZSE:002953) 27% Price Boost Is Out Of Tune With Earnings

Revenue & Expenses Breakdown

How Guangdong Rifeng Electric Cable makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:002953 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 243,950163165129
30 Jun 243,837158165125
31 Mar 243,792151159121
31 Dec 233,765146155123
30 Sep 233,678104155122
30 Jun 233,71698156121
31 Mar 233,62184150121
01 Jan 233,52684151119
30 Sep 223,48896138123
30 Jun 223,522110146123
31 Mar 223,333117138113
01 Jan 223,217127141105
30 Sep 212,93314513887
30 Jun 212,42113411772
31 Mar 212,04612911366
31 Dec 201,6291058857
30 Sep 201,55810410952
30 Jun 201,54810410548
31 Mar 201,47510410448
31 Dec 191,54010811047
30 Sep 191,4981109249
30 Jun 191,4811198851
31 Mar 191,5241178749
31 Dec 181,5541168550
31 Dec 1381232890

Quality Earnings: 002953 has high quality earnings.

Growing Profit Margin: 002953's current net profit margins (4.1%) are higher than last year (2.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 002953's earnings have grown by 5.1% per year over the past 5 years.

Accelerating Growth: 002953's earnings growth over the past year (57%) exceeds its 5-year average (5.1% per year).

Earnings vs Industry: 002953 earnings growth over the past year (57%) exceeded the Electrical industry 1.1%.


Return on Equity

High ROE: 002953's Return on Equity (8.7%) is considered low.


Return on Assets


Return on Capital Employed


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