Ningbo Fuda Company Limited

SHSE:600724 Stock Report

Market Cap: CN¥9.6b

Ningbo Fuda Past Earnings Performance

Past criteria checks 2/6

Ningbo Fuda's earnings have been declining at an average annual rate of -20.1%, while the Basic Materials industry saw earnings declining at 7.3% annually. Revenues have been growing at an average rate of 4% per year. Ningbo Fuda's return on equity is 6.8%, and it has net margins of 12.1%.

Key information

-20.1%

Earnings growth rate

-20.1%

EPS growth rate

Basic Materials Industry Growth3.3%
Revenue growth rate4.0%
Return on equity6.8%
Net Margin12.1%
Last Earnings Update30 Sep 2024

Recent past performance updates

Weak Statutory Earnings May Not Tell The Whole Story For Ningbo Fuda (SHSE:600724)

Aug 29
Weak Statutory Earnings May Not Tell The Whole Story For Ningbo Fuda (SHSE:600724)

Recent updates

Ningbo Fuda Company Limited's (SHSE:600724) Shares Climb 43% But Its Business Is Yet to Catch Up

Nov 11
Ningbo Fuda Company Limited's (SHSE:600724) Shares Climb 43% But Its Business Is Yet to Catch Up

Ningbo Fuda (SHSE:600724) Seems To Use Debt Quite Sensibly

Oct 21
Ningbo Fuda (SHSE:600724) Seems To Use Debt Quite Sensibly

Investors Don't See Light At End Of Ningbo Fuda Company Limited's (SHSE:600724) Tunnel

Sep 26
Investors Don't See Light At End Of Ningbo Fuda Company Limited's (SHSE:600724) Tunnel

Weak Statutory Earnings May Not Tell The Whole Story For Ningbo Fuda (SHSE:600724)

Aug 29
Weak Statutory Earnings May Not Tell The Whole Story For Ningbo Fuda (SHSE:600724)

Ningbo Fuda Company Limited's (SHSE:600724) Business And Shares Still Trailing The Market

May 23
Ningbo Fuda Company Limited's (SHSE:600724) Business And Shares Still Trailing The Market

Some Investors May Be Worried About Ningbo Fuda's (SHSE:600724) Returns On Capital

Apr 16
Some Investors May Be Worried About Ningbo Fuda's (SHSE:600724) Returns On Capital

Revenue & Expenses Breakdown

How Ningbo Fuda makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SHSE:600724 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,8832291420
30 Jun 242,3412321490
31 Mar 242,901236156-1
31 Dec 233,1672301630
30 Sep 233,5112291660
30 Jun 233,4702381640
31 Mar 233,3432331521
31 Dec 223,2562441430
30 Sep 223,1873061370
30 Jun 222,9423231360
31 Mar 222,6563511270
31 Dec 212,3403611360
30 Sep 212,0983941710
30 Jun 212,1824261850
31 Mar 212,4124712100
31 Dec 202,3404222100
30 Sep 202,5313561950
30 Jun 202,6463582000
31 Mar 202,7563582070
31 Dec 193,1454872140
30 Sep 191,6988192480
30 Jun 191,9848002690
31 Mar 192,7508412900
31 Dec 182,8337363090
30 Sep 183,1378903080
30 Jun 183,0108563060
31 Mar 182,2887513040
31 Dec 172,1077122930
30 Sep 174,307-1842750
30 Jun 174,130-1682700
31 Mar 174,603-842630
31 Dec 165,5591272640
30 Sep 164,7591482470
30 Jun 164,580-8312490
31 Mar 163,791-9622370
31 Dec 152,746-1,1582410
30 Sep 152,358-1,4102590
30 Jun 152,726-4102500
31 Mar 154,165-1122650
31 Dec 145,2871122580
30 Sep 147,3857602490
30 Jun 147,1337342550
31 Mar 145,8155342480
31 Dec 135,0444072490

Quality Earnings: 600724 has high quality earnings.

Growing Profit Margin: 600724's current net profit margins (12.1%) are higher than last year (6.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 600724's earnings have declined by 20.1% per year over the past 5 years.

Accelerating Growth: 600724's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 600724 had negative earnings growth (-0.2%) over the past year, making it difficult to compare to the Basic Materials industry average (-22.9%).

Return on Equity

High ROE: 600724's Return on Equity (6.8%) 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 Analysis2024/12/23 09:06
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

Ningbo Fuda Company Limited is covered by 5 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
Juan CuiChina Minzu Securities
Li ZhangEverbright Securities Co. Ltd.
Haowu ChenEverbright Securities Co. Ltd.