Zhejiang Longsheng Group Co.,Ltd

SHSE:600352 Stock Report

Market Cap: CN¥34.0b

Zhejiang Longsheng GroupLtd Past Earnings Performance

Past criteria checks 1/6

Zhejiang Longsheng GroupLtd's earnings have been declining at an average annual rate of -23.3%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been declining at an average rate of 3.6% per year. Zhejiang Longsheng GroupLtd's return on equity is 6.2%, and it has net margins of 13.2%.

Key information

-23.3%

Earnings growth rate

-23.3%

EPS growth rate

Chemicals Industry Growth12.1%
Revenue growth rate-3.6%
Return on equity6.2%
Net Margin13.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

Zhejiang Longsheng GroupLtd's (SHSE:600352) Shareholders Have More To Worry About Than Only Soft Earnings

Nov 01
Zhejiang Longsheng GroupLtd's (SHSE:600352) Shareholders Have More To Worry About Than Only Soft Earnings

There May Be Reason For Hope In Zhejiang Longsheng GroupLtd's (SHSE:600352) Disappointing Earnings

Apr 26
There May Be Reason For Hope In Zhejiang Longsheng GroupLtd's (SHSE:600352) Disappointing Earnings

Recent updates

Zhejiang Longsheng Group Co.,Ltd's (SHSE:600352) Price Is Right But Growth Is Lacking

Dec 18
Zhejiang Longsheng Group Co.,Ltd's (SHSE:600352) Price Is Right But Growth Is Lacking

Is Zhejiang Longsheng GroupLtd (SHSE:600352) A Risky Investment?

Nov 26
Is Zhejiang Longsheng GroupLtd (SHSE:600352) A Risky Investment?

Zhejiang Longsheng GroupLtd's (SHSE:600352) Shareholders Have More To Worry About Than Only Soft Earnings

Nov 01
Zhejiang Longsheng GroupLtd's (SHSE:600352) Shareholders Have More To Worry About Than Only Soft Earnings

Does Zhejiang Longsheng GroupLtd (SHSE:600352) Have A Healthy Balance Sheet?

Jul 22
Does Zhejiang Longsheng GroupLtd (SHSE:600352) Have A Healthy Balance Sheet?

There Is A Reason Zhejiang Longsheng Group Co.,Ltd's (SHSE:600352) Price Is Undemanding

Jun 21
There Is A Reason Zhejiang Longsheng Group Co.,Ltd's (SHSE:600352) Price Is Undemanding

There May Be Reason For Hope In Zhejiang Longsheng GroupLtd's (SHSE:600352) Disappointing Earnings

Apr 26
There May Be Reason For Hope In Zhejiang Longsheng GroupLtd's (SHSE:600352) Disappointing Earnings

Zhejiang Longsheng Group Co.,Ltd's (SHSE:600352) Earnings Are Not Doing Enough For Some Investors

Mar 05
Zhejiang Longsheng Group Co.,Ltd's (SHSE:600352) Earnings Are Not Doing Enough For Some Investors

Revenue & Expenses Breakdown

How Zhejiang Longsheng GroupLtd makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SHSE:600352 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2415,0831,9881,337598
30 Jun 2415,0391,6441,355577
31 Mar 2415,0411,3881,308568
31 Dec 2315,3031,5341,303581
30 Sep 2318,6332,1771,567582
30 Jun 2319,3702,3711,540616
31 Mar 2320,4692,8771,564683
31 Dec 2221,2263,0031,589709
30 Sep 2217,5162,0931,481677
30 Jun 2217,3222,2751,554656
31 Mar 2216,9912,7751,521638
31 Dec 2116,6603,3741,556653
30 Sep 2116,8774,0221,760734
30 Jun 2116,4244,4311,764758
31 Mar 2115,5804,0691,948743
31 Dec 2015,6054,1762,112704
30 Sep 2016,0374,3012,206720
30 Jun 2019,3114,7612,364735
31 Mar 2020,7944,9372,290762
31 Dec 1921,3655,0232,407789
30 Sep 1921,1324,8152,214753
30 Jun 1919,5574,7852,167749
31 Mar 1919,6154,5972,264752
31 Dec 1819,0764,1112,125732
30 Sep 1818,4513,7802,211711
30 Jun 1816,7543,3191,840935
31 Mar 1815,3932,7491,877738
31 Dec 1715,1012,4741,962584
30 Sep 1714,4652,4771,970411
30 Jun 1713,5822,0762,3660
31 Mar 1713,3142,2222,3400
31 Dec 1612,3562,0292,2310
30 Sep 1612,1851,7802,2180
30 Jun 1613,5541,7732,2110
31 Mar 1613,9851,8252,2390
31 Dec 1514,8542,6822,2760
30 Sep 1515,4202,8392,3920
30 Jun 1514,4532,8672,4090
31 Mar 1514,8712,9972,4630
31 Dec 1415,1502,5332,4400
30 Sep 1414,7222,4592,4020
30 Jun 1415,0972,3442,3530
31 Mar 1414,5191,8212,2410
31 Dec 1314,0861,3492,2000

Quality Earnings: 600352 has a large one-off gain of CN¥469.0M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 600352's current net profit margins (13.2%) are higher than last year (11.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 600352's earnings have declined by 23.3% per year over the past 5 years.

Accelerating Growth: 600352's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 600352 had negative earnings growth (-8.7%) over the past year, making it difficult to compare to the Chemicals industry average (-4.7%).

Return on Equity

High ROE: 600352's Return on Equity (6.2%) 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 Analysis2024/12/20 08:47
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

Zhejiang Longsheng Group Co.,Ltd is covered by 31 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yuan Yuan YuBOCI Research Ltd.
Tai MaChangjiang Securities Co. LTD.
Xiang ZhangChangjiang Securities Co. LTD.