Shanghai Huayi Group Past Earnings Performance
Past criteria checks 2/6
Shanghai Huayi Group has been growing earnings at an average annual rate of 6.4%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 5.5% per year. Shanghai Huayi Group's return on equity is 4.2%, and it has net margins of 1.9%.
Key information
6.4%
Earnings growth rate
5.8%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 5.5% |
| Return on equity | 4.2% |
| Net Margin | 1.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Shanghai Huayi Group Corporation Limited (SHSE:600623) Screens Well But There Might Be A Catch
Nov 25
Shanghai Huayi Group (SHSE:600623) Seems To Use Debt Quite Sensibly
Oct 08Some Investors May Be Worried About Shanghai Huayi Group's (SHSE:600623) Returns On Capital
Aug 20Earnings Working Against Shanghai Huayi Group Corporation Limited's (SHSE:600623) Share Price
Jul 16Does Shanghai Huayi Group (SHSE:600623) Have A Healthy Balance Sheet?
Jun 19Capital Allocation Trends At Shanghai Huayi Group (SHSE:600623) Aren't Ideal
Mar 21Revenue & Expenses Breakdown
How Shanghai Huayi Group 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 |
|---|---|---|---|---|
| 30 Sep 24 | 43,987 | 845 | 1,730 | 914 |
| 30 Jun 24 | 43,717 | 1,208 | 1,802 | 917 |
| 31 Mar 24 | 41,868 | 1,047 | 1,802 | 849 |
| 31 Dec 23 | 40,882 | 905 | 1,772 | 814 |
| 30 Sep 23 | 40,513 | 807 | 1,585 | 766 |
| 30 Jun 23 | 38,583 | 288 | 1,589 | 726 |
| 31 Mar 23 | 38,552 | 620 | 1,582 | 708 |
| 31 Dec 22 | 38,511 | 1,281 | 1,625 | 698 |
| 30 Sep 22 | 37,159 | 1,604 | 1,582 | 921 |
| 30 Jun 22 | 39,138 | 2,525 | 1,671 | 844 |
| 31 Mar 22 | 40,607 | 3,030 | 1,571 | 833 |
| 31 Dec 21 | 39,692 | 2,968 | 1,745 | 782 |
| 30 Sep 21 | 39,927 | 2,875 | 1,609 | 555 |
| 30 Jun 21 | 35,338 | 2,060 | 1,545 | 535 |
| 31 Mar 21 | 30,805 | 1,234 | 1,753 | 510 |
| 31 Dec 20 | 28,127 | 423 | 1,701 | 501 |
| 30 Sep 20 | 26,252 | 135 | 1,957 | 416 |
| 30 Jun 20 | 29,503 | 30 | 2,081 | 420 |
| 31 Mar 20 | 33,204 | 114 | 2,082 | 419 |
| 31 Dec 19 | 37,526 | 625 | 2,086 | 413 |
| 30 Sep 19 | 41,809 | 793 | 2,428 | 408 |
| 30 Jun 19 | 41,998 | 1,309 | 2,306 | 365 |
| 31 Mar 19 | 43,803 | 1,677 | 2,328 | 331 |
| 31 Dec 18 | 44,240 | 1,807 | 2,276 | 321 |
| 30 Sep 18 | 41,014 | 1,738 | 2,468 | 324 |
| 30 Jun 18 | 42,322 | 1,250 | 2,316 | 476 |
| 31 Mar 18 | 42,845 | 757 | 2,388 | 395 |
| 31 Dec 17 | 43,562 | 568 | 2,481 | 324 |
| 30 Sep 17 | 45,849 | 537 | 2,543 | 220 |
| 30 Jun 17 | 44,434 | 536 | 2,746 | 0 |
| 31 Mar 17 | 42,848 | 519 | 2,909 | 0 |
| 31 Dec 16 | 41,772 | 417 | 2,872 | 0 |
| 30 Sep 16 | 47,182 | 512 | 2,696 | 0 |
| 30 Jun 16 | 46,377 | 613 | 2,638 | 0 |
| 31 Mar 16 | 44,203 | 748 | 2,618 | 0 |
| 31 Dec 15 | 40,616 | 704 | 2,684 | 0 |
| 30 Sep 15 | 35,727 | 551 | 2,866 | 0 |
| 30 Jun 15 | 34,082 | 930 | 3,029 | 0 |
| 31 Mar 15 | 37,153 | 1,314 | 3,275 | 0 |
| 31 Dec 14 | 33,823 | 1,284 | 2,928 | 0 |
| 30 Sep 14 | 27,656 | 1,265 | 2,270 | 0 |
| 30 Jun 14 | 22,944 | 791 | 1,905 | 0 |
| 31 Mar 14 | 14,593 | 300 | 1,224 | 0 |
| 31 Dec 13 | 14,332 | 306 | 1,232 | 0 |
Quality Earnings: 600623 has a large one-off gain of CN¥249.1M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 600623's current net profit margins (1.9%) are lower than last year (2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600623's earnings have grown by 6.4% per year over the past 5 years.
Accelerating Growth: 600623's earnings growth over the past year (4.8%) is below its 5-year average (6.4% per year).
Earnings vs Industry: 600623 earnings growth over the past year (4.8%) exceeded the Chemicals industry -4.7%.
Return on Equity
High ROE: 600623's Return on Equity (4.2%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 12:44 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Shanghai Huayi Group Corporation Limited 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.
| Analyst | Institution |
|---|---|
| Wei Liu | Haitong International Research Limited |
| Hairong Liu | Minsheng Securities Co. |
| Xixi Zhang | Tianfeng Securities Brokerage Co., Ltd |