Dongguan Chitwing Technology Co., Ltd.

XSEC:002855 Stock Report

Market Cap: CN¥4.9b

Dongguan Chitwing Technology Past Earnings Performance

Past criteria checks 0/6

Dongguan Chitwing Technology's earnings have been declining at an average annual rate of -46.2%, while the Machinery industry saw earnings growing at 7.4% annually. Revenues have been declining at an average rate of 10.3% per year.

Key information

-46.2%

Earnings growth rate

-46.4%

EPS growth rate

Machinery Industry Growth11.8%
Revenue growth rate-10.3%
Return on equity-36.3%
Net Margin-17.7%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Dongguan Chitwing Technology makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

XSEC:002855 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,371-24223264
30 Jun 241,377-19922564
31 Mar 241,572-13921862
31 Dec 231,767-11921961
30 Sep 231,984-15827161
30 Jun 232,262-13526066
31 Mar 232,564-11828876
01 Jan 232,698-12629385
30 Sep 222,874-27326698
30 Jun 223,038-285272105
31 Mar 222,997-28825099
01 Jan 223,092-24524092
30 Sep 213,1995517191
30 Jun 213,2259919287
31 Mar 213,06511719285
31 Dec 202,82310219381
30 Sep 202,6487424093
30 Jun 202,4913621286
31 Mar 202,6643822987
31 Dec 192,7795625088
30 Sep 192,6433524479
30 Jun 192,5173123975
31 Mar 192,3893023572
31 Dec 182,2032921471
30 Sep 182,0674920151
30 Jun 181,8665118574
31 Mar 181,5104415759
31 Dec 171,5205216847
30 Sep 171,5925918234
30 Jun 171,572672150
31 Mar 171,805762240
31 Dec 161,836722270
31 Dec 152,319822620
31 Dec 142,6861523110
31 Dec 132,2041213360

Quality Earnings: 002855 is currently unprofitable.

Growing Profit Margin: 002855 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 002855 is unprofitable, and losses have increased over the past 5 years at a rate of 46.2% per year.

Accelerating Growth: Unable to compare 002855's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 002855 is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-0.06%).

Return on Equity

High ROE: 002855 has a negative Return on Equity (-36.31%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 22:55
End of Day Share Price 2024/12/30 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

Dongguan Chitwing Technology Co., Ltd. is covered by 1 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.

AnalystInstitution
Shang Wen ChengIndustrial Securities Co. Ltd.