Hengerda New Materials (Fujian) Co., Ltd.

SZSE:300946 Stock Report

Market Cap: CN¥3.6b

Hengerda New Materials (Fujian) Past Earnings Performance

Past criteria checks 1/6

Hengerda New Materials (Fujian)'s earnings have been declining at an average annual rate of -0.6%, while the Machinery industry saw earnings growing at 7.4% annually. Revenues have been growing at an average rate of 9.2% per year. Hengerda New Materials (Fujian)'s return on equity is 8%, and it has net margins of 16.3%.

Key information

-0.6%

Earnings growth rate

-7.7%

EPS growth rate

Machinery Industry Growth11.8%
Revenue growth rate9.2%
Return on equity8.0%
Net Margin16.3%
Last Earnings Update30 Sep 2024

Recent past performance updates

We Think That There Are More Issues For Hengerda New Materials (Fujian) (SZSE:300946) Than Just Sluggish Earnings

May 01
We Think That There Are More Issues For Hengerda New Materials (Fujian) (SZSE:300946) Than Just Sluggish Earnings

Recent updates

There Are Reasons To Feel Uneasy About Hengerda New Materials (Fujian)'s (SZSE:300946) Returns On Capital

Sep 27
There Are Reasons To Feel Uneasy About Hengerda New Materials (Fujian)'s (SZSE:300946) Returns On Capital

Investor Optimism Abounds Hengerda New Materials (Fujian) Co., Ltd. (SZSE:300946) But Growth Is Lacking

Jun 26
Investor Optimism Abounds Hengerda New Materials (Fujian) Co., Ltd. (SZSE:300946) But Growth Is Lacking

Hengerda New Materials (Fujian) (SZSE:300946) Is Paying Out A Dividend Of CN¥0.23

May 22
Hengerda New Materials (Fujian) (SZSE:300946) Is Paying Out A Dividend Of CN¥0.23

We Think That There Are More Issues For Hengerda New Materials (Fujian) (SZSE:300946) Than Just Sluggish Earnings

May 01
We Think That There Are More Issues For Hengerda New Materials (Fujian) (SZSE:300946) Than Just Sluggish Earnings

Hengerda New Materials (Fujian) Co., Ltd.'s (SZSE:300946) Business Is Trailing The Market But Its Shares Aren't

Feb 26
Hengerda New Materials (Fujian) Co., Ltd.'s (SZSE:300946) Business Is Trailing The Market But Its Shares Aren't

Revenue & Expenses Breakdown

How Hengerda New Materials (Fujian) makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:300946 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24577944127
30 Jun 24569913928
31 Mar 24550883727
31 Dec 23542873626
30 Sep 23513963717
30 Jun 23498963516
31 Mar 23494973616
01 Jan 23483953416
30 Sep 22485913117
30 Jun 22473922916
31 Mar 224811002616
01 Jan 224551082516
30 Sep 214501052516
30 Jun 214451052515
31 Mar 214141122313
31 Dec 20380932212
30 Sep 20381963721
31 Dec 19377722213
31 Dec 18362652013
31 Dec 17312611610

Quality Earnings: 300946 has high quality earnings.

Growing Profit Margin: 300946's current net profit margins (16.3%) are lower than last year (18.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 300946's earnings have declined by 0.6% per year over the past 5 years.

Accelerating Growth: 300946's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 300946 had negative earnings growth (-2.2%) over the past year, making it difficult to compare to the Machinery industry average (-0.2%).


Return on Equity

High ROE: 300946's Return on Equity (8%) 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 Analysis2024/12/22 18:30
End of Day Share Price 2024/12/20 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

Hengerda New Materials (Fujian) Co., Ltd. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jiancong YuanCitic Securities Co., Ltd.
Jingtao LiCitic Securities Co., Ltd.