Shanghai Milkground Food Tech Past Earnings Performance
Past criteria checks 2/6
Shanghai Milkground Food Tech has been growing earnings at an average annual rate of 17.3%, while the Food industry saw earnings growing at 2.6% annually. Revenues have been growing at an average rate of 20.9% per year. Shanghai Milkground Food Tech's return on equity is 2%, and it has net margins of 2%.
Key information
17.3%
Earnings growth rate
13.0%
EPS growth rate
| Food Industry Growth | 7.2% |
| Revenue growth rate | 20.9% |
| Return on equity | 2.0% |
| Net Margin | 2.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Shanghai Milkground Food Tech 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 | 3,976 | 81 | 1,044 | 45 |
| 31 Dec 23 | 4,049 | 63 | 1,086 | 46 |
| 30 Sep 23 | 4,058 | 40 | 1,171 | 55 |
| 30 Jun 23 | 4,302 | 32 | 1,334 | 59 |
| 31 Mar 23 | 4,566 | 86 | 1,363 | 58 |
| 31 Dec 22 | 4,830 | 138 | 1,464 | 51 |
| 30 Sep 22 | 5,163 | 155 | 1,650 | 42 |
| 30 Jun 22 | 5,005 | 175 | 1,613 | 38 |
| 31 Mar 22 | 4,813 | 196 | 1,587 | 37 |
| 31 Dec 21 | 4,478 | 154 | 1,491 | 40 |
| 30 Sep 21 | 4,115 | 150 | 1,232 | 43 |
| 30 Jun 21 | 3,831 | 139 | 1,136 | 44 |
| 31 Mar 21 | 3,402 | 81 | 1,046 | 42 |
| 31 Dec 20 | 2,847 | 59 | 842 | 39 |
| 30 Sep 20 | 2,462 | 60 | 794 | 35 |
| 30 Jun 20 | 2,114 | 48 | 661 | 29 |
| 31 Mar 20 | 1,842 | 34 | 508 | 26 |
| 31 Dec 19 | 1,744 | 19 | 465 | 22 |
| 30 Sep 19 | 1,616 | 27 | 377 | 18 |
| 30 Jun 19 | 1,476 | 24 | 337 | 15 |
| 31 Mar 19 | 1,334 | 26 | 315 | 14 |
| 31 Dec 18 | 1,226 | 11 | 309 | 14 |
| 30 Sep 18 | 1,052 | 3 | 264 | 8 |
| 30 Jun 18 | 1,014 | 7 | 243 | 12 |
| 31 Mar 18 | 972 | -20 | 214 | 10 |
| 31 Dec 17 | 982 | 4 | 193 | 7 |
| 30 Sep 17 | 915 | -5 | 197 | 7 |
| 30 Jun 17 | 780 | 57 | 182 | 0 |
| 31 Mar 17 | 621 | 61 | 163 | 0 |
| 31 Dec 16 | 512 | 32 | 150 | 0 |
| 30 Sep 16 | 369 | -197 | 107 | 0 |
| 30 Jun 16 | 312 | -294 | 86 | 0 |
| 31 Mar 16 | 346 | -297 | 73 | 0 |
| 31 Dec 15 | 361 | -275 | 65 | 0 |
| 30 Sep 15 | 383 | -70 | 63 | 0 |
| 30 Jun 15 | 492 | -34 | 65 | 0 |
| 31 Mar 15 | 569 | 27 | 70 | 0 |
| 31 Dec 14 | 811 | 115 | 77 | 0 |
| 30 Sep 14 | 993 | 180 | 84 | 0 |
| 30 Jun 14 | 1,077 | 223 | 86 | 0 |
| 31 Mar 14 | 1,099 | 233 | 82 | 0 |
| 31 Dec 13 | 1,002 | 221 | 82 | 0 |
| 30 Sep 13 | 974 | 227 | 91 | 0 |
| 30 Jun 13 | 1,043 | 238 | 87 | 0 |
Quality Earnings: 600882 has a large one-off gain of CN¥24.3M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 600882's current net profit margins (2%) are higher than last year (1.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600882's earnings have grown by 17.3% per year over the past 5 years.
Accelerating Growth: 600882's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 600882 had negative earnings growth (-6.4%) over the past year, making it difficult to compare to the Food industry average (1%).
Return on Equity
High ROE: 600882's Return on Equity (2%) is considered low.