Mingxin Automotive Leather Co., Ltd.

SHSE:605068 Stock Report

Market Cap: CN¥3.1b

Mingxin Automotive Leather Past Earnings Performance

Past criteria checks 0/6

Mingxin Automotive Leather's earnings have been declining at an average annual rate of -61.2%, while the Luxury industry saw earnings growing at 4.2% annually. Revenues have been growing at an average rate of 16.1% per year.

Key information

-61.21%

Earnings growth rate

-64.25%

EPS growth rate

Luxury Industry Growth2.76%
Revenue growth rate16.09%
Return on equity-10.40%
Net Margin-14.13%
Last Earnings Update31 Mar 2025

Recent past performance updates

Mingxin Automotive Leather's (SHSE:605068) Shareholders Have More To Worry About Than Lackluster Earnings

Aug 21
Mingxin Automotive Leather's (SHSE:605068) Shareholders Have More To Worry About Than Lackluster Earnings

Recent updates

Mingxin Automotive Leather Co., Ltd.'s (SHSE:605068) 27% Jump Shows Its Popularity With Investors

Mar 17
Mingxin Automotive Leather Co., Ltd.'s (SHSE:605068) 27% Jump Shows Its Popularity With Investors

Mingxin Automotive Leather's (SHSE:605068) Shareholders Have More To Worry About Than Lackluster Earnings

Aug 21
Mingxin Automotive Leather's (SHSE:605068) Shareholders Have More To Worry About Than Lackluster Earnings

Mingxin Automotive Leather's (SHSE:605068) Returns On Capital Not Reflecting Well On The Business

Jul 12
Mingxin Automotive Leather's (SHSE:605068) Returns On Capital Not Reflecting Well On The Business

The Returns On Capital At Mingxin Automotive Leather (SHSE:605068) Don't Inspire Confidence

Feb 28
The Returns On Capital At Mingxin Automotive Leather (SHSE:605068) Don't Inspire Confidence

Revenue & Expenses Breakdown

How Mingxin Automotive Leather makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SHSE:605068 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 251,237-175269102
31 Dec 241,179-172269103
30 Sep 241,05728123100
30 Jun 241,0034811792
31 Mar 249817410191
31 Dec 23906559688
30 Sep 23948848892
30 Jun 239451039293
31 Mar 23870788598
31 Dec 228561017599
30 Sep 227807678104
30 Jun 22728756997
31 Mar 227521086794
31 Dec 218211636986
30 Sep 218152046285
30 Jun 218362266087
31 Mar 218862576676
31 Dec 208082216170
31 Dec 196581794842
31 Dec 185701083741
31 Dec 17551953733
31 Dec 16469553827

Quality Earnings: 605068 is currently unprofitable.

Growing Profit Margin: 605068 is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 605068 is unprofitable, and losses have increased over the past 5 years at a rate of 61.2% per year.

Accelerating Growth: Unable to compare 605068's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 605068 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-6.3%).


Return on Equity

High ROE: 605068 has a negative Return on Equity (-10.4%), 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 Analysis2025/05/21 00:07
End of Day Share Price 2025/05/21 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Mingxin Automotive Leather Co., Ltd. is covered by 3 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
Xue DengChina International Capital Corporation Limited
Jie TangTianfeng Securities Brokerage Co., Ltd
Jianquan DengTopsperity Securities