Shandong Huatai Paper Industry Shareholding Co.,Ltd

SHSE:600308 Stock Report

Market Cap: CN¥5.4b

Shandong Huatai Paper Industry ShareholdingLtd Past Earnings Performance

Past criteria checks 0/6

Shandong Huatai Paper Industry ShareholdingLtd's earnings have been declining at an average annual rate of -23.3%, while the Forestry industry saw earnings growing at 4.6% annually. Revenues have been growing at an average rate of 0.8% per year. Shandong Huatai Paper Industry ShareholdingLtd's return on equity is 2.3%, and it has net margins of 1.4%.

Key information

-23.3%

Earnings growth rate

-21.9%

EPS growth rate

Forestry Industry Growth7.7%
Revenue growth rate0.8%
Return on equity2.3%
Net Margin1.4%
Last Earnings Update30 Sep 2024

Recent past performance updates

Shandong Huatai Paper Industry ShareholdingLtd's (SHSE:600308) Shareholders Have More To Worry About Than Only Soft Earnings

Nov 06
Shandong Huatai Paper Industry ShareholdingLtd's (SHSE:600308) Shareholders Have More To Worry About Than Only Soft Earnings

Shandong Huatai Paper Industry ShareholdingLtd's (SHSE:600308) Weak Earnings May Only Reveal A Part Of The Whole Picture

Apr 26
Shandong Huatai Paper Industry ShareholdingLtd's (SHSE:600308) Weak Earnings May Only Reveal A Part Of The Whole Picture

Recent updates

Shandong Huatai Paper Industry ShareholdingLtd's (SHSE:600308) Shareholders Have More To Worry About Than Only Soft Earnings

Nov 06
Shandong Huatai Paper Industry ShareholdingLtd's (SHSE:600308) Shareholders Have More To Worry About Than Only Soft Earnings

Does Shandong Huatai Paper Industry ShareholdingLtd (SHSE:600308) Have A Healthy Balance Sheet?

Sep 25
Does Shandong Huatai Paper Industry ShareholdingLtd (SHSE:600308) Have A Healthy Balance Sheet?

Is Shandong Huatai Paper Industry ShareholdingLtd (SHSE:600308) A Risky Investment?

Jun 07
Is Shandong Huatai Paper Industry ShareholdingLtd (SHSE:600308) A Risky Investment?

Shandong Huatai Paper Industry ShareholdingLtd's (SHSE:600308) Weak Earnings May Only Reveal A Part Of The Whole Picture

Apr 26
Shandong Huatai Paper Industry ShareholdingLtd's (SHSE:600308) Weak Earnings May Only Reveal A Part Of The Whole Picture

Revenue & Expenses Breakdown

How Shandong Huatai Paper Industry ShareholdingLtd makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SHSE:600308 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2412,736180324290
30 Jun 2413,062253398296
31 Mar 2413,193243509276
31 Dec 2313,291237559265
30 Sep 2313,802222659338
30 Jun 2314,033266614316
31 Mar 2314,836342536337
31 Dec 2215,174427492333
30 Sep 2215,310478478345
30 Jun 2215,349551456365
31 Mar 2214,869673462368
31 Dec 2114,903808466348
30 Sep 2114,583962431334
30 Jun 2114,3791,002480323
31 Mar 2113,628868435271
31 Dec 2012,308696412254
30 Sep 2012,359692567243
30 Jun 2012,377687594196
31 Mar 2012,945734673191
31 Dec 1913,539680720171
30 Sep 1913,68455262699
30 Jun 1913,889621685120
31 Mar 1914,266654784142
31 Dec 1814,763719850141
30 Sep 1814,892840967138
30 Jun 1814,7767501,018129
31 Mar 1814,19771799673
31 Dec 1713,65967499573
30 Sep 1713,21954694240
30 Jun 1712,2884078820
31 Mar 1711,7872788470
31 Dec 1610,8101827980
30 Sep 169,8431157590
30 Jun 169,401777560
31 Mar 169,367677460
31 Dec 159,417657360
30 Sep 159,492627430
30 Jun 159,658627180
31 Mar 159,241617320
31 Dec 149,262607490
30 Sep 149,443617260
30 Jun 149,561607480
31 Mar 149,768607520
31 Dec 139,743597470

Quality Earnings: 600308 has a large one-off gain of CN¥303.6M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 600308's current net profit margins (1.4%) are lower than last year (1.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 600308's earnings have declined by 23.3% per year over the past 5 years.

Accelerating Growth: 600308's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 600308 had negative earnings growth (-18.7%) over the past year, making it difficult to compare to the Forestry industry average (19%).


Return on Equity

High ROE: 600308's Return on Equity (2.3%) 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 21:41
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

Shandong Huatai Paper Industry Shareholding Co.,Ltd is covered by 8 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
Kai ZhengChina Merchants Securities Co. Ltd.
Yan QinFirst Capital Securities Co. LTD.
Chunzhen XunGreat Wall Securities Co., Ltd.