Shede Spirits Co., Ltd.

SHSE:600702 Stock Report

Market Cap: CN¥24.1b

Shede Spirits Past Earnings Performance

Past criteria checks 1/6

Shede Spirits has been growing earnings at an average annual rate of 24.2%, while the Beverage industry saw earnings growing at 15% annually. Revenues have been growing at an average rate of 22.5% per year. Shede Spirits's return on equity is 15.4%, and it has net margins of 18.2%.

Key information

24.2%

Earnings growth rate

24.2%

EPS growth rate

Beverage Industry Growth17.5%
Revenue growth rate22.5%
Return on equity15.4%
Net Margin18.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

Why Shede Spirits' (SHSE:600702) Shaky Earnings Are Just The Beginning Of Its Problems

Nov 04
Why Shede Spirits' (SHSE:600702) Shaky Earnings Are Just The Beginning Of Its Problems

Recent updates

Here's What To Make Of Shede Spirits' (SHSE:600702) Decelerating Rates Of Return

Nov 20
Here's What To Make Of Shede Spirits' (SHSE:600702) Decelerating Rates Of Return

Why Shede Spirits' (SHSE:600702) Shaky Earnings Are Just The Beginning Of Its Problems

Nov 04
Why Shede Spirits' (SHSE:600702) Shaky Earnings Are Just The Beginning Of Its Problems

Is Now The Time To Look At Buying Shede Spirits Co., Ltd. (SHSE:600702)?

Oct 28
Is Now The Time To Look At Buying Shede Spirits Co., Ltd. (SHSE:600702)?

Improved Earnings Required Before Shede Spirits Co., Ltd. (SHSE:600702) Stock's 25% Jump Looks Justified

Oct 28
Improved Earnings Required Before Shede Spirits Co., Ltd. (SHSE:600702) Stock's 25% Jump Looks Justified

These 4 Measures Indicate That Shede Spirits (SHSE:600702) Is Using Debt Reasonably Well

Sep 23
These 4 Measures Indicate That Shede Spirits (SHSE:600702) Is Using Debt Reasonably Well

Shede Spirits Co., Ltd. (SHSE:600702) Looks Inexpensive After Falling 25% But Perhaps Not Attractive Enough

Sep 09
Shede Spirits Co., Ltd. (SHSE:600702) Looks Inexpensive After Falling 25% But Perhaps Not Attractive Enough

Shede Spirits Co., Ltd. (SHSE:600702) Shares Could Be 50% Below Their Intrinsic Value Estimate

Sep 06
Shede Spirits Co., Ltd. (SHSE:600702) Shares Could Be 50% Below Their Intrinsic Value Estimate

There Is A Reason Shede Spirits Co., Ltd.'s (SHSE:600702) Price Is Undemanding

Jul 15
There Is A Reason Shede Spirits Co., Ltd.'s (SHSE:600702) Price Is Undemanding

Is It Too Late To Consider Buying Shede Spirits Co., Ltd. (SHSE:600702)?

Jun 23
Is It Too Late To Consider Buying Shede Spirits Co., Ltd. (SHSE:600702)?

Here's Why Shede Spirits (SHSE:600702) Can Manage Its Debt Responsibly

May 26
Here's Why Shede Spirits (SHSE:600702) Can Manage Its Debt Responsibly

Why We Like The Returns At Shede Spirits (SHSE:600702)

Apr 22
Why We Like The Returns At Shede Spirits (SHSE:600702)

Shede Spirits Co., Ltd.'s (SHSE:600702) Shares Lagging The Market But So Is The Business

Apr 09
Shede Spirits Co., Ltd.'s (SHSE:600702) Shares Lagging The Market But So Is The Business

We Think That There Are Some Issues For Shede Spirits (SHSE:600702) Beyond Its Promising Earnings

Mar 26
We Think That There Are Some Issues For Shede Spirits (SHSE:600702) Beyond Its Promising Earnings

Analysts Have Lowered Expectations For Shede Spirits Co., Ltd. (SHSE:600702) After Its Latest Results

Mar 22
Analysts Have Lowered Expectations For Shede Spirits Co., Ltd. (SHSE:600702) After Its Latest Results

Revenue & Expenses Breakdown

How Shede Spirits makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SHSE:600702 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 246,2921,1451,83586
30 Jun 246,8241,4431,966103
31 Mar 247,1651,7521,882120
31 Dec 237,0811,7711,925108
30 Sep 236,6881,7801,750113
30 Jun 236,5581,7691,702107
31 Mar 236,1941,7241,61286
31 Dec 226,0561,6851,60376
30 Sep 225,9791,4761,82457
30 Jun 225,6031,3461,73537
31 Mar 225,8251,4741,78332
31 Dec 214,9691,2461,47933
30 Sep 214,5471,2401,23340
30 Jun 214,0691,1521,05436
31 Mar 213,32785693326
31 Dec 202,70458186221
30 Sep 202,570516855-2
30 Jun 202,4554878300
31 Mar 202,3574348225
31 Dec 192,6505089128
30 Sep 192,46737294325
30 Jun 192,41536198221
31 Mar 192,39036094015
31 Dec 182,2123428579
30 Sep 181,9843217281
30 Jun 181,7782476817
31 Mar 181,7321857687
31 Dec 171,6381447557
30 Sep 171,6061218297
30 Jun 171,5611197340
31 Mar 171,4621095620
31 Dec 161,462805260
30 Sep 161,439584130
30 Jun 161,309243820
31 Mar 161,268154270
31 Dec 151,15674010
30 Sep 151,232114290
30 Jun 151,341104620
31 Mar 151,411104810
31 Dec 141,445134990
30 Sep 141,434104930
30 Jun 141,394-65200
31 Mar 141,308-385570
31 Dec 131,419126150

Quality Earnings: 600702 has a high level of non-cash earnings.

Growing Profit Margin: 600702's current net profit margins (18.2%) are lower than last year (26.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 600702's earnings have grown significantly by 24.2% per year over the past 5 years.

Accelerating Growth: 600702's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 600702 had negative earnings growth (-35.7%) over the past year, making it difficult to compare to the Beverage industry average (16.1%).


Return on Equity

High ROE: 600702's Return on Equity (15.4%) is considered low.


Return on Assets


Return on Capital Employed


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