China Meheco Group Co., Ltd.

XSSC:600056 Stock Report

Market Cap: CN¥17.5b

China Meheco Group Past Earnings Performance

Past criteria checks 3/6

China Meheco Group's earnings have been declining at an average annual rate of -9.2%, while the Healthcare industry saw earnings growing at 2% annually. Revenues have been growing at an average rate of 0.5% per year. China Meheco Group's return on equity is 7.7%, and it has net margins of 2.6%.

Key information

-9.2%

Earnings growth rate

-9.2%

EPS growth rate

Healthcare Industry Growth7.0%
Revenue growth rate0.5%
Return on equity7.7%
Net Margin2.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How China Meheco Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

XSSC:600056 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2435,1279012,470132
30 Jun 2434,9978302,545126
31 Mar 2435,0699252,621121
31 Dec 2338,8241,0482,829116
30 Sep 2340,4725633,008102
30 Jun 2341,5666633,14299
31 Mar 2341,6037583,08890
31 Dec 2237,5937363,02877
30 Sep 2236,4245782,90970
30 Jun 2235,6216022,89865
31 Mar 2236,1826803,05162
31 Dec 2136,2346473,16257
30 Sep 2135,7739083,16278
30 Jun 2138,7681,1943,40278
31 Mar 2140,3991,2603,56179
31 Dec 2039,3121,3113,52084
30 Sep 2039,5271,2513,76788
30 Jun 2037,2341,0703,87799
31 Mar 2034,5258364,078111
31 Dec 1935,2859814,281108
30 Sep 1934,8341,2734,537105
30 Jun 1933,3371,3934,47297
31 Mar 1932,5931,5164,37581
31 Dec 1831,0061,5454,30786
30 Sep 1830,9431,5463,815131
30 Jun 1830,4161,4893,316171
31 Mar 1830,3501,4212,731160
31 Dec 1730,3571,3132,194144
30 Sep 1728,8451,1981,82054
30 Jun 1728,2831,0951,6600
31 Mar 1727,2501,0241,5540
31 Dec 1625,9469501,5240
30 Sep 1624,8128571,5320
30 Jun 1623,1947601,4620
31 Mar 1621,5636921,4630
31 Dec 1520,5706141,4260
30 Sep 1519,5366461,2900
30 Jun 1518,6276401,2880
31 Mar 1518,2595951,1760
31 Dec 1417,8575501,1230
30 Sep 1416,7465809890
30 Jun 1416,2354939980
31 Mar 1415,2414889670
31 Dec 1314,8304859530

Quality Earnings: 600056 has a large one-off gain of CN¥478.6M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 600056's current net profit margins (2.6%) are higher than last year (1.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 600056's earnings have declined by 9.2% per year over the past 5 years.

Accelerating Growth: 600056's earnings growth over the past year (60%) exceeds its 5-year average (-9.2% per year).

Earnings vs Industry: 600056 earnings growth over the past year (60%) exceeded the Healthcare industry -5.7%.


Return on Equity

High ROE: 600056's Return on Equity (7.7%) 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 Analysis2024/12/22 03:14
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

China Meheco Group Co., Ltd. is covered by 12 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Shuchang LiuChangjiang Securities Co. LTD.
Bo ChenChasing Securities
Bin WuChina Merchants Securities Co. Ltd.