Fortune Ng Fung Food (Hebei)Ltd Past Earnings Performance
Past criteria checks 0/6
Fortune Ng Fung Food (Hebei)Ltd's earnings have been declining at an average annual rate of -12.3%, while the Food industry saw earnings growing at 2.5% annually. Revenues have been declining at an average rate of 6.8% per year. Fortune Ng Fung Food (Hebei)Ltd's return on equity is 2.8%, and it has net margins of 6.5%.
Key information
-12.3%
Earnings growth rate
-12.8%
EPS growth rate
| Food Industry Growth | 7.2% |
| Revenue growth rate | -6.8% |
| Return on equity | 2.8% |
| Net Margin | 6.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Fortune Ng Fung Food (Hebei)Ltd 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 Mar 24 | 975 | 63 | 212 | 2 |
| 31 Dec 23 | 1,046 | 99 | 219 | 2 |
| 30 Sep 23 | 1,036 | 110 | 210 | 2 |
| 30 Jun 23 | 1,085 | 118 | 211 | 3 |
| 31 Mar 23 | 1,060 | 115 | 199 | 3 |
| 31 Dec 22 | 1,074 | 107 | 194 | 3 |
| 30 Sep 22 | 1,160 | 136 | 205 | 3 |
| 30 Jun 22 | 1,193 | 133 | 205 | 3 |
| 31 Mar 22 | 1,298 | 169 | 216 | 10 |
| 31 Dec 21 | 1,269 | 150 | 219 | 16 |
| 30 Sep 21 | 1,306 | 181 | 216 | 23 |
| 30 Jun 21 | 1,265 | 175 | 215 | 31 |
| 31 Mar 21 | 1,149 | 136 | 208 | 31 |
| 31 Dec 20 | 1,086 | 121 | 198 | 30 |
| 30 Sep 20 | 1,089 | 137 | 206 | 55 |
| 30 Jun 20 | 1,183 | 168 | 219 | 45 |
| 31 Mar 20 | 1,310 | 189 | 235 | 38 |
| 31 Dec 19 | 1,447 | 210 | 264 | 32 |
| 30 Sep 19 | 1,473 | 176 | 274 | 0 |
| 30 Jun 19 | 1,471 | 162 | 275 | 0 |
| 31 Mar 19 | 1,463 | 163 | 273 | 0 |
| 31 Dec 18 | 1,454 | 160 | 266 | 0 |
| 30 Sep 18 | 1,431 | 185 | 299 | -44 |
| 30 Jun 18 | 1,415 | 179 | 267 | 0 |
| 31 Mar 18 | 1,385 | 171 | 270 | 0 |
| 31 Dec 17 | 1,332 | 160 | 277 | 0 |
| 30 Sep 17 | 1,348 | 157 | 245 | 44 |
| 30 Jun 17 | 1,313 | 165 | 282 | 0 |
| 31 Mar 17 | 1,331 | 169 | 285 | 0 |
| 31 Dec 16 | 1,371 | 185 | 287 | 0 |
| 30 Sep 16 | 1,358 | 178 | 291 | 0 |
| 30 Jun 16 | 1,371 | 163 | 295 | 0 |
| 31 Mar 16 | 1,350 | 167 | 294 | 0 |
| 31 Dec 15 | 1,344 | 166 | 301 | 0 |
| 30 Sep 15 | 1,357 | 185 | 300 | 0 |
| 30 Jun 15 | 1,336 | 180 | 301 | 0 |
| 31 Mar 15 | 1,299 | 154 | 308 | 0 |
| 31 Dec 14 | 1,224 | 132 | 296 | 0 |
| 30 Sep 14 | 1,097 | 108 | 286 | 0 |
| 30 Jun 14 | 1,087 | 85 | 272 | 0 |
| 31 Mar 14 | 1,044 | 79 | 250 | 0 |
| 31 Dec 13 | 1,027 | 91 | 244 | 0 |
| 30 Sep 13 | 1,359 | 109 | 387 | 0 |
| 30 Jun 13 | 1,186 | 99 | 338 | 0 |
Quality Earnings: 600965 has a high level of non-cash earnings.
Growing Profit Margin: 600965's current net profit margins (6.5%) are lower than last year (10.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600965's earnings have declined by 12.3% per year over the past 5 years.
Accelerating Growth: 600965's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 600965 had negative earnings growth (-45.2%) over the past year, making it difficult to compare to the Food industry average (1%).
Return on Equity
High ROE: 600965's Return on Equity (2.8%) is considered low.