Guangdong Piano Customized Furniture Co., Ltd.

SZSE:002853 Stock Report

Market Cap: CN¥2.2b

Guangdong Piano Customized Furniture Past Earnings Performance

Past criteria checks 0/6

Guangdong Piano Customized Furniture's earnings have been declining at an average annual rate of -14%, while the Consumer Durables industry saw earnings growing at 8.1% annually. Revenues have been declining at an average rate of 3.8% per year. Guangdong Piano Customized Furniture's return on equity is 2.2%, and it has net margins of 3.1%.

Key information

-14.0%

Earnings growth rate

-17.0%

EPS growth rate

Consumer Durables Industry Growth8.1%
Revenue growth rate-3.8%
Return on equity2.2%
Net Margin3.1%
Last Earnings Update30 Sep 2024

Recent past performance updates

Guangdong Piano Customized Furniture's (SZSE:002853) Anemic Earnings Might Be Worse Than You Think

Nov 06
Guangdong Piano Customized Furniture's (SZSE:002853) Anemic Earnings Might Be Worse Than You Think

Recent updates

Subdued Growth No Barrier To Guangdong Piano Customized Furniture Co., Ltd. (SZSE:002853) With Shares Advancing 26%

Dec 02
Subdued Growth No Barrier To Guangdong Piano Customized Furniture Co., Ltd. (SZSE:002853) With Shares Advancing 26%

Guangdong Piano Customized Furniture's (SZSE:002853) Anemic Earnings Might Be Worse Than You Think

Nov 06
Guangdong Piano Customized Furniture's (SZSE:002853) Anemic Earnings Might Be Worse Than You Think

Guangdong Piano Customized Furniture Co., Ltd.'s (SZSE:002853) Share Price Is Matching Sentiment Around Its Earnings

Sep 30
Guangdong Piano Customized Furniture Co., Ltd.'s (SZSE:002853) Share Price Is Matching Sentiment Around Its Earnings

Guangdong Piano Customized Furniture (SZSE:002853) Could Be Struggling To Allocate Capital

Apr 17
Guangdong Piano Customized Furniture (SZSE:002853) Could Be Struggling To Allocate Capital

Guangdong Piano Customized Furniture Co., Ltd. (SZSE:002853) Held Back By Insufficient Growth Even After Shares Climb 30%

Mar 08
Guangdong Piano Customized Furniture Co., Ltd. (SZSE:002853) Held Back By Insufficient Growth Even After Shares Climb 30%

Revenue & Expenses Breakdown

How Guangdong Piano Customized Furniture makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:002853 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,0573321347
30 Jun 241,1975822855
31 Mar 241,3118224060
31 Dec 231,3168624960
30 Sep 231,40010420755
30 Jun 231,44812721749
31 Mar 231,39513123946
31 Dec 221,45215422647
30 Sep 221,487-7871,19149
30 Jun 221,554-7671,19348
31 Mar 221,713-7451,18451
01 Jan 221,824-7291,20052
30 Sep 211,80124327651
30 Jun 211,82424525256
31 Mar 211,66022820249
31 Dec 201,49419719846
30 Sep 201,47417520442
30 Jun 201,43116623039
31 Mar 201,43816426539
31 Dec 191,47117526637
30 Sep 191,34116424438
30 Jun 191,22215322436
31 Mar 191,14014420642
31 Dec 181,11014220636
30 Sep 181,04913520233
30 Jun 1895511717141
31 Mar 189041082010
31 Dec 1782610315427
30 Sep 1778911314418
30 Jun 177341071520
31 Mar 176661001400
31 Dec 16630881390
31 Dec 15512691340
31 Dec 14503641320
31 Dec 1342055970

Quality Earnings: 002853 has a large one-off gain of CN¥37.6M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 002853's current net profit margins (3.1%) are lower than last year (7.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 002853's earnings have declined by 14% per year over the past 5 years.

Accelerating Growth: 002853's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 002853 had negative earnings growth (-68.6%) over the past year, making it difficult to compare to the Consumer Durables industry average (-0.2%).


Return on Equity

High ROE: 002853's Return on Equity (2.2%) 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 21:07
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

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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

Guangdong Piano Customized Furniture 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
Chen HeChasing Securities
Bairu ChenChina Galaxy Securities Co., Ltd.
HongPeng LiChina Merchants Securities Co. Ltd.