Shanghai Bright Meat Group Past Earnings Performance
Past criteria checks 0/6
Shanghai Bright Meat Group's earnings have been declining at an average annual rate of -6.2%, while the Food industry saw earnings growing at 2.5% annually. Revenues have been declining at an average rate of 0.7% per year. Shanghai Bright Meat Group's return on equity is 0.5%, and it has net margins of 1.3%.
Key information
-6.2%
Earnings growth rate
-6.1%
EPS growth rate
| Food Industry Growth | 7.2% |
| Revenue growth rate | -0.7% |
| Return on equity | 0.5% |
| Net Margin | 1.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Why Shanghai Bright Meat Group's (SHSE:600073) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 06
Shanghai Bright Meat Group Co., Ltd.'s (SHSE:600073) Popularity With Investors Is Under Threat From Overpricing
Oct 06Shanghai Maling AquariusLtd's (SHSE:600073) Problems Go Beyond Weak Profit
Apr 04Investors Don't See Light At End Of Shanghai Maling Aquarius Co.,Ltd's (SHSE:600073) Tunnel
Mar 22Revenue & Expenses Breakdown
How Shanghai Bright Meat Group 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 | 22,304 | 289 | 1,950 | 63 |
| 30 Jun 24 | 22,558 | 145 | 1,976 | 63 |
| 31 Mar 24 | 22,296 | 124 | 2,015 | 62 |
| 31 Dec 23 | 22,367 | 226 | 2,006 | 63 |
| 30 Sep 23 | 23,193 | 407 | 1,991 | 56 |
| 30 Jun 23 | 23,466 | 498 | 2,033 | 55 |
| 31 Mar 23 | 24,262 | 501 | 2,041 | 53 |
| 31 Dec 22 | 24,987 | 503 | 1,987 | 50 |
| 30 Sep 22 | 24,445 | 378 | 1,822 | 68 |
| 30 Jun 22 | 23,717 | 333 | 1,731 | 55 |
| 31 Mar 22 | 23,329 | 332 | 1,697 | 59 |
| 31 Dec 21 | 23,617 | 303 | 1,767 | 59 |
| 30 Sep 21 | 23,328 | 358 | 1,785 | 73 |
| 30 Jun 21 | 23,732 | 365 | 1,864 | 70 |
| 31 Mar 21 | 24,140 | 430 | 1,708 | 61 |
| 31 Dec 20 | 23,867 | 405 | 1,735 | 56 |
| 30 Sep 20 | 23,636 | 419 | 1,936 | 45 |
| 30 Jun 20 | 23,501 | 399 | 2,021 | 42 |
| 31 Mar 20 | 23,347 | 337 | 2,237 | 43 |
| 31 Dec 19 | 23,404 | 366 | 2,386 | 43 |
| 30 Sep 19 | 23,097 | 340 | 2,436 | 15 |
| 30 Jun 19 | 23,236 | 331 | 2,371 | 41 |
| 31 Mar 19 | 22,483 | 314 | 2,417 | 42 |
| 31 Dec 18 | 22,200 | 304 | 2,358 | 41 |
| 30 Sep 18 | 22,162 | 278 | 2,264 | 57 |
| 30 Jun 18 | 21,878 | 289 | 2,240 | 58 |
| 31 Mar 18 | 22,172 | 262 | 2,258 | 54 |
| 31 Dec 17 | 22,221 | 280 | 2,289 | 52 |
| 30 Sep 17 | 20,986 | 266 | 2,213 | 31 |
| 30 Jun 17 | 19,433 | 332 | 2,074 | 0 |
| 31 Mar 17 | 16,570 | 313 | 1,820 | 0 |
| 31 Dec 16 | 13,834 | 256 | 1,563 | 0 |
| 30 Sep 16 | 12,824 | 331 | 1,452 | 0 |
| 30 Jun 16 | 12,941 | 291 | 1,445 | 0 |
| 31 Mar 16 | 12,996 | 230 | 1,434 | 0 |
| 31 Dec 15 | 12,233 | 163 | 1,438 | 0 |
| 30 Sep 15 | 12,340 | 63 | 1,439 | 0 |
| 30 Jun 15 | 12,446 | 59 | 1,436 | 0 |
| 31 Mar 15 | 13,128 | 90 | 1,473 | 0 |
| 31 Dec 14 | 13,101 | 68 | 1,431 | 0 |
| 30 Sep 14 | 12,823 | 182 | 1,307 | 0 |
| 30 Jun 14 | 12,039 | 164 | 1,298 | 0 |
| 31 Mar 14 | 10,678 | 161 | 1,197 | 0 |
| 31 Dec 13 | 10,348 | 155 | 1,164 | 0 |
Quality Earnings: 600073 has a large one-off gain of CN¥142.8M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 600073's current net profit margins (1.3%) are lower than last year (1.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600073's earnings have declined by 6.2% per year over the past 5 years.
Accelerating Growth: 600073's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 600073 had negative earnings growth (-29%) over the past year, making it difficult to compare to the Food industry average (-5.8%).
Return on Equity
High ROE: 600073's Return on Equity (0.5%) is considered low.