Tech-Bank Food Co., Ltd.

XSEC:002124 Stock Report

Market Cap: CN¥6.5b

Tech-Bank Food Past Earnings Performance

Past criteria checks 2/6

Tech-Bank Food's earnings have been declining at an average annual rate of -31.8%, while the Food industry saw earnings growing at 2.5% annually. Revenues have been growing at an average rate of 5.6% per year. Tech-Bank Food's return on equity is 0.6%, and it has net margins of 0.2%.

Key information

-31.8%

Earnings growth rate

-32.9%

EPS growth rate

Food Industry Growth7.2%
Revenue growth rate5.6%
Return on equity0.6%
Net Margin0.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Tech-Bank Food makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

XSEC:002124 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2410,110241,17639
30 Jun 249,813-7861,14445
31 Mar 2410,108-1,6161,09648
31 Dec 2310,232-2,8831,06547
30 Sep 2310,006-2,0761,00242
30 Jun 2310,381-1,3501,05037
31 Mar 2310,1054991,08933
01 Jan 239,5714891,16731
30 Sep 228,913-7661,30727
30 Jun 228,827-3,2281,38053
31 Mar 228,738-5,3311,46969
01 Jan 2210,507-4,4621,38587
30 Sep 2111,166-2,2761,134109
30 Jun 2111,7601,0601,097108
31 Mar 2112,2852,964994115
31 Dec 2010,7643,245889108
30 Sep 209,5782,913864109
30 Jun 207,6772,003655101
31 Mar 206,64991255494
31 Dec 196,00710057599
30 Sep 195,794-681545109
30 Jun 195,597-1,020544117
31 Mar 194,921-939536118
01 Jan 194,519-572486112
30 Sep 183,976163475106
30 Jun 183,577207426126
31 Mar 183,346242393100
31 Dec 173,06126238383
30 Sep 172,84225138251
30 Jun 172,6373053910
31 Mar 172,5153573840
31 Dec 162,3703733610
30 Sep 162,2554003170
30 Jun 162,2013353200
31 Mar 162,1512053020
31 Dec 152,1411103080
30 Sep 152,222672930
30 Jun 152,362413090
31 Mar 152,488313070
31 Dec 142,603323120
30 Sep 142,562943060
30 Jun 142,542972870
31 Mar 142,2371102660
31 Dec 132,0781172470

Quality Earnings: 002124 has a high level of non-cash earnings.

Growing Profit Margin: 002124 became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 002124 has become profitable over the past 5 years, growing earnings by -31.8% per year.

Accelerating Growth: 002124 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 002124 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (-5.8%).

Return on Equity

High ROE: 002124's Return on Equity (0.6%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 11:24
End of Day Share Price 2024/12/20 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

Tech-Bank Food Co., Ltd. is covered by 11 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jia ChenChangjiang Securities Co. LTD.
Sha ZhouChina Merchants Securities Co. Ltd.
Xiaoyuan LiEverbright Securities Co. Ltd.