Qingdao Foods Past Earnings Performance
We're still processing the latest earnings report of this company
Past criteria checks 1/6
Qingdao Foods has been growing earnings at an average annual rate of 5.8%, while the Food industry saw earnings growing at 1.6% annually. Revenues have been growing at an average rate of 0.6% per year. Qingdao Foods's return on equity is 8.8%, and it has net margins of 17.6%.
Key information
5.8%
Earnings growth rate
0.03%
EPS growth rate
| Food Industry Growth | 7.2% |
| Revenue growth rate | 0.6% |
| Return on equity | 8.8% |
| Net Margin | 17.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses Breakdown
How Qingdao Foods 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 | 489 | 86 | 53 | 2 |
| 30 Sep 23 | 498 | 92 | 54 | 2 |
| 30 Jun 23 | 500 | 97 | 54 | 2 |
| 31 Mar 23 | 509 | 98 | 59 | 2 |
| 01 Jan 23 | 494 | 91 | 56 | 2 |
| 30 Sep 22 | 494 | 88 | 57 | 2 |
| 30 Jun 22 | 483 | 81 | 59 | 2 |
| 31 Mar 22 | 455 | 73 | 55 | 2 |
| 01 Jan 22 | 434 | 68 | 54 | 2 |
| 30 Sep 21 | 434 | 74 | 50 | 2 |
| 30 Jun 21 | 441 | 73 | 48 | 2 |
| 31 Mar 21 | 457 | 75 | 50 | 2 |
| 31 Dec 20 | 480 | 79 | 50 | 2 |
| 30 Sep 20 | 471 | 76 | 53 | 2 |
| 30 Jun 20 | 461 | 73 | 55 | 2 |
| 31 Mar 20 | 472 | 74 | 59 | 2 |
| 31 Dec 19 | 483 | 75 | 63 | 2 |
| 30 Sep 19 | 488 | 75 | 64 | 2 |
| 30 Jun 19 | 494 | 75 | 65 | 2 |
| 31 Mar 19 | 484 | 71 | 66 | 2 |
| 31 Dec 18 | 474 | 67 | 67 | 2 |
| 30 Sep 18 | 468 | 63 | 61 | 2 |
| 30 Jun 18 | 458 | 58 | 73 | 2 |
| 31 Mar 18 | 450 | 53 | 74 | 2 |
| 31 Dec 17 | 444 | 48 | 66 | 2 |
| 31 Dec 16 | 421 | 36 | 72 | 0 |
| 31 Dec 15 | 390 | 38 | 72 | 0 |
Quality Earnings: 001219 has a high level of non-cash earnings.
Growing Profit Margin: 001219's current net profit margins (17.6%) are lower than last year (18.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 001219's earnings have grown by 5.8% per year over the past 5 years.
Accelerating Growth: 001219's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 001219 had negative earnings growth (-5.8%) over the past year, making it difficult to compare to the Food industry average (-0.8%).
Return on Equity
High ROE: 001219's Return on Equity (8.8%) is considered low.