Zhejiang Weiming Environment Protection Co., Ltd.

SHSE:603568 Stock Report

Market Cap: CN¥33.5b

Zhejiang Weiming Environment Protection Past Earnings Performance

Past criteria checks 5/6

Zhejiang Weiming Environment Protection has been growing earnings at an average annual rate of 18.5%, while the Commercial Services industry saw earnings growing at 1.6% annually. Revenues have been growing at an average rate of 24.2% per year. Zhejiang Weiming Environment Protection's return on equity is 18.6%, and it has net margins of 34.7%.

Key information

18.5%

Earnings growth rate

17.2%

EPS growth rate

Commercial Services Industry Growth7.0%
Revenue growth rate24.2%
Return on equity18.6%
Net Margin34.7%
Next Earnings Update19 Apr 2025

Recent past performance updates

Recent updates

Zhejiang Weiming Environment Protection (SHSE:603568) Is Reinvesting At Lower Rates Of Return

Dec 17
Zhejiang Weiming Environment Protection (SHSE:603568) Is Reinvesting At Lower Rates Of Return

Is Zhejiang Weiming Environment Protection (SHSE:603568) A Risky Investment?

Oct 18
Is Zhejiang Weiming Environment Protection (SHSE:603568) A Risky Investment?

Zhejiang Weiming Environment Protection (SHSE:603568) Might Be Having Difficulty Using Its Capital Effectively

Aug 15
Zhejiang Weiming Environment Protection (SHSE:603568) Might Be Having Difficulty Using Its Capital Effectively

We Think Zhejiang Weiming Environment Protection (SHSE:603568) Can Stay On Top Of Its Debt

Jul 16
We Think Zhejiang Weiming Environment Protection (SHSE:603568) Can Stay On Top Of Its Debt

Should You Be Adding Zhejiang Weiming Environment Protection (SHSE:603568) To Your Watchlist Today?

Jun 28
Should You Be Adding Zhejiang Weiming Environment Protection (SHSE:603568) To Your Watchlist Today?

Be Wary Of Zhejiang Weiming Environment Protection (SHSE:603568) And Its Returns On Capital

Apr 21
Be Wary Of Zhejiang Weiming Environment Protection (SHSE:603568) And Its Returns On Capital

Market Cool On Zhejiang Weiming Environment Protection Co., Ltd.'s (SHSE:603568) Earnings

Apr 03
Market Cool On Zhejiang Weiming Environment Protection Co., Ltd.'s (SHSE:603568) Earnings

Is Zhejiang Weiming Environment Protection (SHSE:603568) A Risky Investment?

Mar 17
Is Zhejiang Weiming Environment Protection (SHSE:603568) A Risky Investment?

Revenue & Expenses Breakdown

How Zhejiang Weiming Environment Protection makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SHSE:603568 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 247,4492,588334113
30 Jun 247,2452,445342112
31 Mar 246,6952,253337109
31 Dec 236,0252,048329100
30 Sep 235,7691,97923098
30 Jun 235,1071,78217892
31 Mar 234,7751,71314586
31 Dec 224,4741,66410085
30 Sep 224,2461,63114284
30 Jun 224,4481,72817579
31 Mar 224,5731,69714066
31 Dec 214,2891,60519761
30 Sep 214,3611,58021365
30 Jun 214,0801,54017561
31 Mar 213,4401,42820564
31 Dec 203,1231,25715760
30 Sep 202,6321,13714635
30 Jun 202,21698615232
31 Mar 201,99593913031
31 Dec 192,03897413034
30 Sep 191,91590813435
30 Jun 191,77585511029
31 Mar 191,70479411419
31 Dec 181,54774010217
30 Sep 181,4777068713
30 Jun 181,3086359013
31 Mar 181,1405648912
31 Dec 171,029507877
30 Sep 17903450834
30 Jun 17814409840
31 Mar 17739366760
31 Dec 16693329750
30 Sep 16680323710
30 Jun 16668306760
31 Mar 16677304670
31 Dec 15675291680
30 Sep 15694253690
30 Jun 15713257640
31 Mar 15698241710
31 Dec 14667223690

Quality Earnings: 603568 has high quality earnings.

Growing Profit Margin: 603568's current net profit margins (34.7%) are higher than last year (34.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 603568's earnings have grown by 18.5% per year over the past 5 years.

Accelerating Growth: 603568's earnings growth over the past year (30.8%) exceeds its 5-year average (18.5% per year).

Earnings vs Industry: 603568 earnings growth over the past year (30.8%) exceeded the Commercial Services industry 0.9%.


Return on Equity

High ROE: 603568's Return on Equity (18.6%) 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 Analysis2025/01/07 07:27
End of Day Share Price 2025/01/07 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

Zhejiang Weiming Environment Protection Co., Ltd. is covered by 9 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ke XuChangjiang Securities Co. LTD.
Chunyang ZhuChina Merchants Securities Co. Ltd.
Zhongshu YinEverbright Securities Co. Ltd.