China Testing & Certification International Group Co.,Ltd.

XSSC:603060 Stock Report

Market Cap: CN¥6.2b

China Testing & Certification International GroupLtd Past Earnings Performance

Past criteria checks 3/6

China Testing & Certification International GroupLtd has been growing earnings at an average annual rate of 6.9%, while the Professional Services industry saw earnings growing at 3.5% annually. Revenues have been growing at an average rate of 18.7% per year. China Testing & Certification International GroupLtd's return on equity is 14%, and it has net margins of 9.4%.

Key information

6.9%

Earnings growth rate

6.7%

EPS growth rate

Professional Services Industry Growth3.0%
Revenue growth rate18.7%
Return on equity14.0%
Net Margin9.4%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How China Testing & Certification International GroupLtd makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

XSSC:603060 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,713255563230
30 Jun 242,697255550234
31 Mar 242,651254549236
31 Dec 232,660257559235
30 Sep 232,540251530220
30 Jun 232,548266547218
31 Mar 232,488258524209
31 Dec 222,428254518206
30 Sep 222,429239498217
30 Jun 222,293228466202
31 Mar 222,271239456193
31 Dec 212,217253427183
30 Sep 211,886205372153
30 Jun 211,794234350141
31 Mar 211,647253306126
31 Dec 201,473231262113
30 Sep 201,26119823290
30 Jun 201,13916220785
31 Mar 201,09115519982
31 Dec 191,13221319484
30 Sep 191,09219320079
30 Jun 191,07121118876
31 Mar 191,03420517777
31 Dec 1898520116675
30 Sep 1885317815270
30 Jun 1880616711297
31 Mar 1877114812278
31 Dec 1775214412962
30 Sep 1773713714745
30 Jun 177221291880
31 Mar 176941251810
31 Dec 166651161770
30 Sep 166421211600
31 Dec 155971051420
31 Dec 14529851260
31 Dec 13485781200

Quality Earnings: 603060 has high quality earnings.

Growing Profit Margin: 603060's current net profit margins (9.4%) are lower than last year (9.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 603060's earnings have grown by 6.9% per year over the past 5 years.

Accelerating Growth: 603060's earnings growth over the past year (1.5%) is below its 5-year average (6.9% per year).

Earnings vs Industry: 603060 earnings growth over the past year (1.5%) exceeded the Professional Services industry -2.8%.

Return on Equity

High ROE: 603060's Return on Equity (14%) 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 23:11
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

China Testing & Certification International Group Co.,Ltd. is covered by 9 analysts. 4 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.
Aobo ZhanChina International Capital Corporation Limited
Mingxin SunCitic Securities Co., Ltd.