New Hope Dairy Co., Ltd.

SZSE:002946 Stock Report

Market Cap: CN¥12.2b

New Hope Dairy Past Earnings Performance

Past criteria checks 5/6

New Hope Dairy has been growing earnings at an average annual rate of 16.1%, while the Food industry saw earnings growing at 2.5% annually. Revenues have been growing at an average rate of 14.9% per year. New Hope Dairy's return on equity is 17.1%, and it has net margins of 4.8%.

Key information

16.1%

Earnings growth rate

15.6%

EPS growth rate

Food Industry Growth7.2%
Revenue growth rate14.9%
Return on equity17.1%
Net Margin4.8%
Last Earnings Update30 Sep 2024

Recent past performance updates

New Hope Dairy's (SZSE:002946) Solid Earnings Are Supported By Other Strong Factors

May 02
New Hope Dairy's (SZSE:002946) Solid Earnings Are Supported By Other Strong Factors

Recent updates

We Ran A Stock Scan For Earnings Growth And New Hope Dairy (SZSE:002946) Passed With Ease

Nov 14
We Ran A Stock Scan For Earnings Growth And New Hope Dairy (SZSE:002946) Passed With Ease

New Hope Dairy (SZSE:002946) Is Doing The Right Things To Multiply Its Share Price

Oct 10
New Hope Dairy (SZSE:002946) Is Doing The Right Things To Multiply Its Share Price

Market Still Lacking Some Conviction On New Hope Dairy Co., Ltd. (SZSE:002946)

Sep 24
Market Still Lacking Some Conviction On New Hope Dairy Co., Ltd. (SZSE:002946)

New Hope Dairy Co., Ltd. (SZSE:002946) Shares Could Be 45% Below Their Intrinsic Value Estimate

Aug 30
New Hope Dairy Co., Ltd. (SZSE:002946) Shares Could Be 45% Below Their Intrinsic Value Estimate

Does New Hope Dairy (SZSE:002946) Have A Healthy Balance Sheet?

Jul 03
Does New Hope Dairy (SZSE:002946) Have A Healthy Balance Sheet?

New Hope Dairy Co., Ltd.'s (SZSE:002946) Earnings Are Not Doing Enough For Some Investors

Jun 11
New Hope Dairy Co., Ltd.'s (SZSE:002946) Earnings Are Not Doing Enough For Some Investors

New Hope Dairy's (SZSE:002946) Solid Earnings Are Supported By Other Strong Factors

May 02
New Hope Dairy's (SZSE:002946) Solid Earnings Are Supported By Other Strong Factors

The Returns At New Hope Dairy (SZSE:002946) Aren't Growing

Mar 17
The Returns At New Hope Dairy (SZSE:002946) Aren't Growing

These 4 Measures Indicate That New Hope Dairy (SZSE:002946) Is Using Debt Reasonably Well

Feb 27
These 4 Measures Indicate That New Hope Dairy (SZSE:002946) Is Using Debt Reasonably Well

Revenue & Expenses Breakdown

How New Hope Dairy makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:002946 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2410,9435242,07346
30 Jun 2411,0544912,06544
31 Mar 2411,0804592,11446
31 Dec 2310,9874312,05447
30 Sep 2310,7214321,95550
30 Jun 2310,5254091,90552
31 Mar 2310,2113791,83550
01 Jan 2310,0063611,77548
30 Sep 229,7973661,77742
30 Jun 229,4313551,71837
31 Mar 229,2693261,68339
01 Jan 228,9673121,64740
30 Sep 218,7413421,25941
30 Jun 218,5083401,34741
31 Mar 217,7083271,33938
31 Dec 206,7492711,22635
30 Sep 206,1112501,58632
30 Jun 205,5212161,46930
31 Mar 205,5081951,46928
31 Dec 195,6752441,51028
30 Sep 195,4682461,46227
30 Jun 195,2942451,40730
31 Mar 195,1172441,34331
31 Dec 184,9722431,29131
30 Sep 184,8482351,25936
30 Jun 184,7252251,21841
31 Mar 184,4561951,17433
31 Dec 174,4222221,15526
31 Dec 164,0531501,1380
31 Dec 153,9153021,0640
31 Dec 143,532599450

Quality Earnings: 002946 has high quality earnings.

Growing Profit Margin: 002946's current net profit margins (4.8%) are higher than last year (4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 002946's earnings have grown by 16.1% per year over the past 5 years.

Accelerating Growth: 002946's earnings growth over the past year (21.2%) exceeds its 5-year average (16.1% per year).

Earnings vs Industry: 002946 earnings growth over the past year (21.2%) exceeded the Food industry -5.8%.


Return on Equity

High ROE: 002946's Return on Equity (17.1%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 23:24
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

New Hope Dairy Co., Ltd. is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Guangyi LiuChina Galaxy Securities Co., Ltd.
Wendan WangChina International Capital Corporation Limited
Yuan XueCitic Securities Co., Ltd.