Ruida Futures Co.,Ltd.

SZSE:002961 Stock Report

Market Cap: CN¥5.7b

Ruida FuturesLtd Past Earnings Performance

Past criteria checks 4/6

Ruida FuturesLtd has been growing earnings at an average annual rate of 11.5%, while the Capital Markets industry saw earnings growing at 7.4% annually. Revenues have been declining at an average rate of 21% per year. Ruida FuturesLtd's return on equity is 9.4%, and it has net margins of 32.6%.

Key information

11.5%

Earnings growth rate

10.9%

EPS growth rate

Capital Markets Industry Growth12.1%
Revenue growth rate-21.0%
Return on equity9.4%
Net Margin32.6%
Last Earnings Update31 Mar 2024

Recent past performance updates

Recent updates

Ruida Futures Co.,Ltd.'s (SZSE:002961) Low P/E No Reason For Excitement

Mar 16
Ruida Futures Co.,Ltd.'s (SZSE:002961) Low P/E No Reason For Excitement

Revenue & Expenses Breakdown
Beta

How Ruida FuturesLtd makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:002961 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 248032613420
31 Dec 239062443410
30 Sep 23974236400
30 Jun 231,509224240
31 Mar 232,101253330
01 Jan 232,1022943140
30 Sep 222,4163712300
30 Jun 222,2634531730
31 Mar 222,092511290
01 Jan 222,125504290
30 Sep 212,228487300
30 Jun 211,956415260
31 Mar 211,588316270
31 Dec 201,336249280
30 Sep 201,003160120
30 Jun 201,014124180
31 Mar 20969103100
31 Dec 1995012190
30 Sep 1978812040
31 Dec 1846111550
31 Dec 1750815960
31 Dec 1646421200
31 Dec 1557925800
31 Dec 1431110100
31 Dec 132497400

Quality Earnings: 002961 has high quality earnings.

Growing Profit Margin: 002961's current net profit margins (32.6%) are higher than last year (12%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 002961's earnings have grown by 11.5% per year over the past 5 years.

Accelerating Growth: 002961's earnings growth over the past year (3.4%) is below its 5-year average (11.5% per year).

Earnings vs Industry: 002961 earnings growth over the past year (3.4%) exceeded the Capital Markets industry -2.4%.


Return on Equity

High ROE: 002961's Return on Equity (9.4%) is considered low.


Return on Assets


Return on Capital Employed


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