Wuxi Xinhongye Wire & Cable Co., Ltd.

SZSE:301310 Stock Report

Market Cap: CN¥3.6b

Wuxi Xinhongye Wire & Cable Past Earnings Performance

Past criteria checks 1/6

Wuxi Xinhongye Wire & Cable has been growing earnings at an average annual rate of 19.6%, while the Electrical industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 23.5% per year. Wuxi Xinhongye Wire & Cable's return on equity is 6.2%, and it has net margins of 6.2%.

Key information

19.6%

Earnings growth rate

12.7%

EPS growth rate

Electrical Industry Growth14.0%
Revenue growth rate23.5%
Return on equity6.2%
Net Margin6.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

There Are Some Holes In Wuxi Xinhongye Wire & Cable's (SZSE:301310) Solid Earnings Release

Aug 22
There Are Some Holes In Wuxi Xinhongye Wire & Cable's (SZSE:301310) Solid Earnings Release

Recent updates

Does Wuxi Xinhongye Wire & Cable (SZSE:301310) Have A Healthy Balance Sheet?

Dec 04
Does Wuxi Xinhongye Wire & Cable (SZSE:301310) Have A Healthy Balance Sheet?

There Are Some Holes In Wuxi Xinhongye Wire & Cable's (SZSE:301310) Solid Earnings Release

Aug 22
There Are Some Holes In Wuxi Xinhongye Wire & Cable's (SZSE:301310) Solid Earnings Release

Wuxi Xinhongye Wire & Cable (SZSE:301310) May Have Issues Allocating Its Capital

Jun 24
Wuxi Xinhongye Wire & Cable (SZSE:301310) May Have Issues Allocating Its Capital

Revenue & Expenses Breakdown

How Wuxi Xinhongye Wire & Cable makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:301310 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,2771417171
30 Jun 242,1331565966
31 Mar 242,0661586364
31 Dec 232,0011655661
30 Sep 231,9661664260
30 Jun 231,8971573956
31 Mar 231,8201503555
01 Jan 231,8081454155
30 Jun 221,5021193846
31 Mar 221,3601133442
31 Dec 211,2191073038
31 Dec 20700672623
31 Dec 19539443518
31 Dec 18547484417

Quality Earnings: 301310 has a high level of non-cash earnings.

Growing Profit Margin: 301310's current net profit margins (6.2%) are lower than last year (8.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 301310's earnings have grown by 19.6% per year over the past 5 years.

Accelerating Growth: 301310's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 301310 had negative earnings growth (-15.2%) over the past year, making it difficult to compare to the Electrical industry average (1.1%).


Return on Equity

High ROE: 301310's Return on Equity (6.2%) 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 Analysis2024/12/25 11:08
End of Day Share Price 2024/12/25 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

Wuxi Xinhongye Wire & Cable 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
Wenjiao BianHuatai Research
Xiaoya SunTianfeng Securities Brokerage Co., Ltd