Solareast Holdings Co., Ltd.

XSSC:603366 Stock Report

Market Cap: CN¥11.3b

Solareast Holdings Past Earnings Performance

Past criteria checks 1/6

Solareast Holdings has been growing earnings at an average annual rate of 28.9%, while the Electrical industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 8.2% per year. Solareast Holdings's return on equity is 2.3%, and it has net margins of 2.3%.

Key information

28.9%

Earnings growth rate

28.6%

EPS growth rate

Electrical Industry Growth14.0%
Revenue growth rate8.2%
Return on equity2.3%
Net Margin2.3%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Solareast Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

XSSC:603366 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 244,6231061,212190
30 Jun 244,9061731,202181
31 Mar 244,7001671,149196
31 Dec 234,8422091,145181
30 Sep 234,690415938182
30 Jun 234,220374909177
31 Mar 234,126309941169
31 Dec 223,897259943170
30 Sep 224,048165976175
30 Jun 224,092155988166
31 Mar 224,1391731,017157
31 Dec 214,2062131,007155
30 Sep 214,038160984133
30 Jun 213,970176992129
31 Mar 213,808181918131
31 Dec 203,543170851116
30 Sep 203,39811088678
30 Jun 203,2709687080
31 Mar 203,1707387770
31 Dec 193,3668394582
30 Sep 193,238-40597377
30 Jun 193,298-4611,02474
31 Mar 193,203-4971,02181
31 Dec 183,177-4921,04578
30 Sep 183,132-691,05281
30 Jun 183,008-37983103
31 Mar 183,015211,02487
31 Dec 172,7845590964
30 Sep 172,61010382942
30 Jun 172,4621857810
31 Mar 172,2312166900
31 Dec 162,3522447190
30 Sep 162,4373537260
30 Jun 162,4953407510
31 Mar 162,7012828600
31 Dec 152,5952698350
30 Sep 152,769618650
30 Jun 152,7891068120
31 Mar 152,8671847260
31 Dec 143,0502157550
30 Sep 142,8273316980
30 Jun 142,9333187160
31 Mar 143,1073217460
31 Dec 133,0883087220

Quality Earnings: 603366 has a large one-off loss of CN¥86.3M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 603366's current net profit margins (2.3%) are lower than last year (8.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 603366 has become profitable over the past 5 years, growing earnings by 28.9% per year.

Accelerating Growth: 603366's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 603366 had negative earnings growth (-74.5%) over the past year, making it difficult to compare to the Electrical industry average (1.1%).

Return on Equity

High ROE: 603366's Return on Equity (2.3%) 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 Analysis2024/12/23 00:41
End of Day Share Price 2024/12/23 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

Solareast Holdings Co., Ltd. is covered by 4 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
Zhuqiang HuCentral China Securities Co., Ltd.
Yali HuCitic Securities Co., Ltd.
Dong Ju WuFounder Securities Co., Ltd.