Shandong Weigao Orthopaedic Device Co., Ltd

SHSE:688161 Stock Report

Market Cap: CN¥10.3b

Shandong Weigao Orthopaedic Device Past Earnings Performance

Past criteria checks 1/6

Shandong Weigao Orthopaedic Device's earnings have been declining at an average annual rate of -27.8%, while the Medical Equipment industry saw earnings growing at 6.1% annually. Revenues have been declining at an average rate of 8.6% per year. Shandong Weigao Orthopaedic Device's return on equity is 4.1%, and it has net margins of 12%.

Key information

-27.8%

Earnings growth rate

-31.0%

EPS growth rate

Medical Equipment Industry Growth16.0%
Revenue growth rate-8.6%
Return on equity4.1%
Net Margin12.0%
Last Earnings Update30 Sep 2024

Recent past performance updates

Shandong Weigao Orthopaedic Device's (SHSE:688161) Anemic Earnings Might Be Worse Than You Think

Nov 11
Shandong Weigao Orthopaedic Device's (SHSE:688161) Anemic Earnings Might Be Worse Than You Think

Weak Statutory Earnings May Not Tell The Whole Story For Shandong Weigao Orthopaedic Device (SHSE:688161)

May 06
Weak Statutory Earnings May Not Tell The Whole Story For Shandong Weigao Orthopaedic Device (SHSE:688161)

Recent updates

Shandong Weigao Orthopaedic Device's (SHSE:688161) Anemic Earnings Might Be Worse Than You Think

Nov 11
Shandong Weigao Orthopaedic Device's (SHSE:688161) Anemic Earnings Might Be Worse Than You Think

After Leaping 45% Shandong Weigao Orthopaedic Device Co., Ltd (SHSE:688161) Shares Are Not Flying Under The Radar

Oct 08
After Leaping 45% Shandong Weigao Orthopaedic Device Co., Ltd (SHSE:688161) Shares Are Not Flying Under The Radar

Returns On Capital Signal Tricky Times Ahead For Shandong Weigao Orthopaedic Device (SHSE:688161)

Oct 04
Returns On Capital Signal Tricky Times Ahead For Shandong Weigao Orthopaedic Device (SHSE:688161)

Shandong Weigao Orthopaedic Device Co., Ltd's (SHSE:688161) Popularity With Investors Is Clear

Aug 20
Shandong Weigao Orthopaedic Device Co., Ltd's (SHSE:688161) Popularity With Investors Is Clear

Weak Statutory Earnings May Not Tell The Whole Story For Shandong Weigao Orthopaedic Device (SHSE:688161)

May 06
Weak Statutory Earnings May Not Tell The Whole Story For Shandong Weigao Orthopaedic Device (SHSE:688161)

Revenue & Expenses Breakdown

How Shandong Weigao Orthopaedic Device makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SHSE:688161 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,284155544135
30 Jun 241,22994572132
31 Mar 241,24253596132
31 Dec 231,284112617130
30 Sep 231,594238694114
30 Jun 231,654278745119
31 Mar 232,060580799125
31 Dec 222,058601801118
30 Sep 222,129680813130
30 Jun 222,268755845131
31 Mar 222,120694809117
31 Dec 212,154690832121
30 Sep 212,133670837104
30 Jun 212,087660808100
31 Mar 211,95861476689
31 Dec 201,82455871582
31 Dec 191,57444269774
31 Dec 181,21132450748
31 Dec 1790620335638
31 Dec 156702202270
31 Dec 146022181780
31 Dec 135122191520

Quality Earnings: 688161 has high quality earnings.

Growing Profit Margin: 688161's current net profit margins (12%) are lower than last year (14.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 688161's earnings have declined by 27.8% per year over the past 5 years.

Accelerating Growth: 688161's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 688161 had negative earnings growth (-35.1%) over the past year, making it difficult to compare to the Medical Equipment industry average (-8.8%).

Return on Equity

High ROE: 688161's Return on Equity (4.1%) 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 Analysis2024/12/25 21:04
End of Day Share Price 2024/12/25 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

Shandong Weigao Orthopaedic Device Co., Ltd is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jian Jun ZouChasing Securities
Yiling ChenGuosen Securities Co., Ltd.
Jiabo ZhangGuosen Securities Co., Ltd.