Shede Spirits Past Earnings Performance
Past criteria checks 2/6
Shede Spirits has been growing earnings at an average annual rate of 34.6%, while the Beverage industry saw earnings growing at 16.6% annually. Revenues have been growing at an average rate of 26.1% per year. Shede Spirits's return on equity is 23.4%, and it has net margins of 25%.
Key information
34.6%
Earnings growth rate
34.8%
EPS growth rate
| Beverage Industry Growth | 17.5% |
| Revenue growth rate | 26.1% |
| Return on equity | 23.4% |
| Net Margin | 25.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Why We Like The Returns At Shede Spirits (SHSE:600702)
Apr 22
Shede Spirits Co., Ltd.'s (SHSE:600702) Shares Lagging The Market But So Is The Business
Apr 09We Think That There Are Some Issues For Shede Spirits (SHSE:600702) Beyond Its Promising Earnings
Mar 26Analysts Have Lowered Expectations For Shede Spirits Co., Ltd. (SHSE:600702) After Its Latest Results
Mar 22Revenue & Expenses BreakdownBeta
How Shede Spirits 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 |
|---|---|---|---|---|
| 31 Dec 23 | 7,081 | 1,771 | 1,925 | 108 |
| 30 Sep 23 | 6,684 | 1,781 | 1,743 | 113 |
| 30 Jun 23 | 6,559 | 1,770 | 1,698 | 107 |
| 31 Mar 23 | 6,193 | 1,724 | 1,611 | 86 |
| 31 Dec 22 | 6,056 | 1,685 | 1,603 | 76 |
| 30 Sep 22 | 5,979 | 1,476 | 1,824 | 57 |
| 30 Jun 22 | 5,603 | 1,346 | 1,735 | 37 |
| 31 Mar 22 | 5,825 | 1,474 | 1,783 | 32 |
| 31 Dec 21 | 4,969 | 1,246 | 1,479 | 33 |
| 30 Sep 21 | 4,547 | 1,240 | 1,233 | 40 |
| 30 Jun 21 | 4,069 | 1,152 | 1,054 | 36 |
| 31 Mar 21 | 3,327 | 856 | 933 | 26 |
| 31 Dec 20 | 2,704 | 581 | 862 | 21 |
| 30 Sep 20 | 2,570 | 516 | 855 | -2 |
| 30 Jun 20 | 2,455 | 487 | 830 | 0 |
| 31 Mar 20 | 2,357 | 434 | 822 | 5 |
| 31 Dec 19 | 2,650 | 508 | 912 | 8 |
| 30 Sep 19 | 2,467 | 372 | 943 | 25 |
| 30 Jun 19 | 2,415 | 361 | 982 | 21 |
| 31 Mar 19 | 2,390 | 360 | 940 | 15 |
| 31 Dec 18 | 2,212 | 342 | 857 | 9 |
| 30 Sep 18 | 1,984 | 321 | 728 | 1 |
| 30 Jun 18 | 1,778 | 247 | 681 | 7 |
| 31 Mar 18 | 1,732 | 185 | 768 | 7 |
| 31 Dec 17 | 1,638 | 144 | 755 | 7 |
| 30 Sep 17 | 1,606 | 121 | 829 | 7 |
| 30 Jun 17 | 1,561 | 119 | 734 | 0 |
| 31 Mar 17 | 1,462 | 109 | 562 | 0 |
| 31 Dec 16 | 1,462 | 80 | 526 | 0 |
| 30 Sep 16 | 1,439 | 58 | 413 | 0 |
| 30 Jun 16 | 1,309 | 24 | 382 | 0 |
| 31 Mar 16 | 1,268 | 15 | 427 | 0 |
| 31 Dec 15 | 1,156 | 7 | 401 | 0 |
| 30 Sep 15 | 1,232 | 11 | 429 | 0 |
| 30 Jun 15 | 1,341 | 10 | 462 | 0 |
| 31 Mar 15 | 1,411 | 10 | 481 | 0 |
| 31 Dec 14 | 1,445 | 13 | 499 | 0 |
| 30 Sep 14 | 1,434 | 10 | 493 | 0 |
| 30 Jun 14 | 1,394 | -6 | 520 | 0 |
| 31 Mar 14 | 1,308 | -38 | 557 | 0 |
| 31 Dec 13 | 1,419 | 12 | 615 | 0 |
| 30 Sep 13 | 1,778 | 123 | 689 | 0 |
| 30 Jun 13 | 1,846 | 212 | 625 | 0 |
Quality Earnings: 600702 has a high level of non-cash earnings.
Growing Profit Margin: 600702's current net profit margins (25%) are lower than last year (27.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600702's earnings have grown significantly by 34.6% per year over the past 5 years.
Accelerating Growth: 600702's earnings growth over the past year (5.1%) is below its 5-year average (34.6% per year).
Earnings vs Industry: 600702 earnings growth over the past year (5.1%) did not outperform the Beverage industry 21.5%.
Return on Equity
High ROE: 600702's Return on Equity (23.4%) is considered high.