Ningbo Cixing Co.,Ltd.

XSEC:300307 Stock Report

Market Cap: CN¥6.6b

Ningbo CixingLtd Past Earnings Performance

Past criteria checks 5/6

Ningbo CixingLtd has been growing earnings at an average annual rate of 67.7%, while the Machinery industry saw earnings growing at 7.4% annually. Revenues have been growing at an average rate of 9.7% per year. Ningbo CixingLtd's return on equity is 9.9%, and it has net margins of 14.6%.

Key information

67.7%

Earnings growth rate

67.3%

EPS growth rate

Machinery Industry Growth11.8%
Revenue growth rate9.7%
Return on equity9.9%
Net Margin14.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Ningbo CixingLtd makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

XSEC:300307 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,09630640191
30 Jun 242,04530336977
31 Mar 242,09430339580
31 Dec 232,03211439478
30 Sep 232,07912738477
30 Jun 232,05811838182
31 Mar 231,95810035683
01 Jan 231,9019135287
30 Sep 221,9784941667
30 Jun 222,0456039569
31 Mar 222,1367541581
01 Jan 222,1318840376
30 Sep 211,916-37941074
30 Jun 211,746-41239675
31 Mar 211,453-45535664
31 Dec 201,233-52734867
30 Sep 201,277-94737155
30 Jun 201,223-95539958
31 Mar 201,298-94641066
31 Dec 191,521-87444277
30 Sep 191,5583040881
30 Jun 191,6676743378
31 Mar 191,78010345873
31 Dec 181,69013843965
30 Sep 181,73418842457
30 Jun 181,67219933998
31 Mar 181,44524730478
31 Dec 171,40423930763
30 Sep 171,36120635561
30 Jun 171,2681853830
31 Mar 171,2211483760
31 Dec 161,0981243610
30 Sep 169541073060
30 Jun 169051302740
31 Mar 168011112940
31 Dec 157501032820
30 Sep 15707-725760
30 Jun 15665-1924630
31 Mar 15701-3495880
31 Dec 14764-3486020
30 Sep 14858-2494090
30 Jun 141,34145540
31 Mar 141,7902334650
31 Dec 132,0002794620

Quality Earnings: 300307 has high quality earnings.

Growing Profit Margin: 300307's current net profit margins (14.6%) are higher than last year (6.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 300307 has become profitable over the past 5 years, growing earnings by 67.7% per year.

Accelerating Growth: 300307's earnings growth over the past year (142%) exceeds its 5-year average (67.7% per year).

Earnings vs Industry: 300307 earnings growth over the past year (142%) exceeded the Machinery industry -0.06%.

Return on Equity

High ROE: 300307's Return on Equity (9.9%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 04:13
End of Day Share Price 2024/12/26 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

Ningbo Cixing Co.,Ltd. is covered by 5 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
Jun LiuChangjiang Securities Co. LTD.
Jin Ju SunGuotai Junan Securities
Ming Xuan ShiIndustrial Securities Co. Ltd.