Chengdu Rainbow Appliance (Group) Shares Co., Ltd.

SZSE:003023 Stock Report

Market Cap: CN¥2.1b

Chengdu Rainbow Appliance (Group) Shares Past Earnings Performance

Past criteria checks 5/6

Chengdu Rainbow Appliance (Group) Shares has been growing earnings at an average annual rate of 2.2%, while the Consumer Durables industry saw earnings growing at 8.1% annually. Revenues have been growing at an average rate of 6.9% per year. Chengdu Rainbow Appliance (Group) Shares's return on equity is 7.6%, and it has net margins of 8.5%.

Key information

2.2%

Earnings growth rate

-5.0%

EPS growth rate

Consumer Durables Industry Growth8.1%
Revenue growth rate6.9%
Return on equity7.6%
Net Margin8.5%
Last Earnings Update30 Sep 2024

Recent past performance updates

Statutory Profit Doesn't Reflect How Good Chengdu Rainbow Appliance (Group) Shares' (SZSE:003023) Earnings Are

Apr 29
Statutory Profit Doesn't Reflect How Good Chengdu Rainbow Appliance (Group) Shares' (SZSE:003023) Earnings Are

Recent updates

Chengdu Rainbow Appliance (Group) Shares Co., Ltd.'s (SZSE:003023) Share Price Is Matching Sentiment Around Its Earnings

Oct 01
Chengdu Rainbow Appliance (Group) Shares Co., Ltd.'s (SZSE:003023) Share Price Is Matching Sentiment Around Its Earnings

Chengdu Rainbow Appliance (Group) Shares (SZSE:003023) Is Paying Out A Larger Dividend Than Last Year

Jun 07
Chengdu Rainbow Appliance (Group) Shares (SZSE:003023) Is Paying Out A Larger Dividend Than Last Year

Statutory Profit Doesn't Reflect How Good Chengdu Rainbow Appliance (Group) Shares' (SZSE:003023) Earnings Are

Apr 29
Statutory Profit Doesn't Reflect How Good Chengdu Rainbow Appliance (Group) Shares' (SZSE:003023) Earnings Are

Investors Aren't Buying Chengdu Rainbow Appliance (Group) Shares Co., Ltd.'s (SZSE:003023) Earnings

Apr 17
Investors Aren't Buying Chengdu Rainbow Appliance (Group) Shares Co., Ltd.'s (SZSE:003023) Earnings

The Returns On Capital At Chengdu Rainbow Appliance (Group) Shares (SZSE:003023) Don't Inspire Confidence

Feb 27
The Returns On Capital At Chengdu Rainbow Appliance (Group) Shares (SZSE:003023) Don't Inspire Confidence

Revenue & Expenses Breakdown

How Chengdu Rainbow Appliance (Group) Shares makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:003023 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,34911540538
30 Jun 241,35212040334
31 Mar 241,33411341232
31 Dec 231,29410440831
30 Sep 231,2459539830
30 Jun 231,2319539730
31 Mar 231,2119838329
01 Jan 231,1779538229
30 Sep 221,0558234830
30 Jun 221,0828935131
31 Mar 221,0989934134
01 Jan 221,14411134734
30 Sep 211,18012234832
30 Jun 211,17512333930
31 Mar 211,16212535326
31 Dec 201,06511332025
30 Sep 209669930626
30 Jun 209539630724
31 Mar 209277830426
31 Dec 191,0068432326
31 Dec 181,07113930824
31 Dec 178377924920
31 Dec 168207224219

Quality Earnings: 003023 has high quality earnings.

Growing Profit Margin: 003023's current net profit margins (8.5%) are higher than last year (7.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 003023's earnings have grown by 2.2% per year over the past 5 years.

Accelerating Growth: 003023's earnings growth over the past year (20.9%) exceeds its 5-year average (2.2% per year).

Earnings vs Industry: 003023 earnings growth over the past year (20.9%) exceeded the Consumer Durables industry -0.2%.


Return on Equity

High ROE: 003023's Return on Equity (7.6%) is considered low.


Return on Assets


Return on Capital Employed


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