Shanghai SK Petroleum & Chemical Equipment Past Earnings Performance
Past criteria checks 1/6
Shanghai SK Petroleum & Chemical Equipment's earnings have been declining at an average annual rate of -22.6%, while the Energy Services industry saw earnings growing at 11.6% annually. Revenues have been declining at an average rate of 1.7% per year. Shanghai SK Petroleum & Chemical Equipment's return on equity is 3.9%, and it has net margins of 4.6%.
Key information
-22.6%
Earnings growth rate
-23.0%
EPS growth rate
| Energy Services Industry Growth | 12.1% |
| Revenue growth rate | -1.7% |
| Return on equity | 3.9% |
| Net Margin | 4.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Solid Earnings May Not Tell The Whole Story For Shanghai SK Petroleum & Chemical Equipment (SZSE:002278)
Nov 03
Shanghai SK Petroleum & Chemical Equipment's (SZSE:002278) Earnings May Just Be The Starting Point
May 03Recent updates
Solid Earnings May Not Tell The Whole Story For Shanghai SK Petroleum & Chemical Equipment (SZSE:002278)
Nov 03Getting In Cheap On Shanghai SK Petroleum & Chemical Equipment Corporation Ltd. (SZSE:002278) Is Unlikely
Jul 30Returns On Capital At Shanghai SK Petroleum & Chemical Equipment (SZSE:002278) Have Hit The Brakes
May 30Shanghai SK Petroleum & Chemical Equipment's (SZSE:002278) Earnings May Just Be The Starting Point
May 03Some Shareholders Feeling Restless Over Shanghai SK Petroleum & Chemical Equipment Corporation Ltd.'s (SZSE:002278) P/S Ratio
Feb 27Revenue & Expenses Breakdown
How Shanghai SK Petroleum & Chemical Equipment makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 722 | 33 | 124 | 79 |
| 30 Jun 24 | 722 | 26 | 122 | 77 |
| 31 Mar 24 | 739 | 28 | 119 | 74 |
| 31 Dec 23 | 744 | 25 | 123 | 76 |
| 30 Sep 23 | 728 | -20 | 143 | 72 |
| 30 Jun 23 | 736 | -14 | 149 | 72 |
| 31 Mar 23 | 651 | -24 | 140 | 71 |
| 01 Jan 23 | 604 | -28 | 137 | 69 |
| 30 Sep 22 | 681 | 36 | 135 | 65 |
| 30 Jun 22 | 673 | 27 | 139 | 64 |
| 31 Mar 22 | 729 | 27 | 147 | 63 |
| 01 Jan 22 | 775 | 43 | 152 | 60 |
| 30 Sep 21 | 717 | 22 | 135 | 55 |
| 30 Jun 21 | 730 | 33 | 130 | 59 |
| 31 Mar 21 | 726 | 35 | 144 | 61 |
| 31 Dec 20 | 726 | 28 | 150 | 62 |
| 30 Sep 20 | 754 | 29 | 171 | 58 |
| 30 Jun 20 | 755 | 33 | 179 | 62 |
| 31 Mar 20 | 760 | 33 | 173 | 63 |
| 31 Dec 19 | 785 | 44 | 164 | 65 |
| 30 Sep 19 | 778 | 47 | 161 | 68 |
| 30 Jun 19 | 773 | 40 | 157 | 58 |
| 31 Mar 19 | 780 | 41 | 151 | 57 |
| 31 Dec 18 | 702 | 30 | 149 | 53 |
| 30 Sep 18 | 618 | 32 | 144 | 46 |
| 30 Jun 18 | 584 | 29 | 114 | 68 |
| 31 Mar 18 | 513 | 12 | 122 | 55 |
| 31 Dec 17 | 518 | 11 | 131 | 45 |
| 30 Sep 17 | 464 | -50 | 187 | 36 |
| 30 Jun 17 | 418 | -92 | 219 | 0 |
| 31 Mar 17 | 411 | -99 | 230 | 0 |
| 31 Dec 16 | 416 | -109 | 236 | 0 |
| 30 Sep 16 | 473 | -91 | 207 | 0 |
| 30 Jun 16 | 479 | -54 | 210 | 0 |
| 31 Mar 16 | 574 | -16 | 215 | 0 |
| 31 Dec 15 | 614 | 10 | 211 | 0 |
| 30 Sep 15 | 616 | 40 | 192 | 0 |
| 30 Jun 15 | 671 | 62 | 189 | 0 |
| 31 Mar 15 | 651 | 62 | 172 | 0 |
| 31 Dec 14 | 671 | 61 | 179 | 0 |
| 30 Sep 14 | 694 | 61 | 184 | 0 |
| 30 Jun 14 | 727 | 55 | 196 | 0 |
| 31 Mar 14 | 751 | 57 | 201 | 0 |
| 31 Dec 13 | 765 | 57 | 197 | 0 |
Quality Earnings: 002278 has a large one-off gain of CN¥17.7M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 002278 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002278's earnings have declined by 22.6% per year over the past 5 years.
Accelerating Growth: 002278 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 002278 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (7.6%).
Return on Equity
High ROE: 002278's Return on Equity (3.9%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 03:02 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Shanghai SK Petroleum & Chemical Equipment Corporation Ltd. is covered by 5 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.
| Analyst | Institution |
|---|---|
| Yuanrui Liu | Changjiang Securities Co. LTD. |
| Yuande Zhang | Founder Securities Co., Ltd. |
| Cai Xu | Guodu Securities Co. |