Shanghai Baosteel Packaging Past Earnings Performance
Past criteria checks 2/6
Shanghai Baosteel Packaging has been growing earnings at an average annual rate of 9.3%, while the Packaging industry saw earnings declining at 0% annually. Revenues have been growing at an average rate of 9.5% per year. Shanghai Baosteel Packaging's return on equity is 4.9%, and it has net margins of 2.1%.
Key information
9.3%
Earnings growth rate
1.7%
EPS growth rate
| Packaging Industry Growth | 4.0% |
| Revenue growth rate | 9.5% |
| Return on equity | 4.9% |
| Net Margin | 2.1% |
| Next Earnings Update | 26 Apr 2025 |
Recent past performance updates
Recent updates
Unpleasant Surprises Could Be In Store For Shanghai Baosteel Packaging Co., Ltd.'s (SHSE:601968) Shares
Dec 19
Pinning Down Shanghai Baosteel Packaging Co., Ltd.'s (SHSE:601968) P/E Is Difficult Right Now
Aug 01Shanghai Baosteel Packaging's (SHSE:601968) Soft Earnings Don't Show The Whole Picture
May 03Shanghai Baosteel Packaging Co., Ltd.'s (SHSE:601968) Shares Lagging The Market But So Is The Business
Mar 05Revenue & Expenses Breakdown
How Shanghai Baosteel Packaging 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 | 8,105 | 173 | 306 | 11 |
| 30 Jun 24 | 7,972 | 185 | 303 | 10 |
| 31 Mar 24 | 7,983 | 213 | 300 | 6 |
| 31 Dec 23 | 7,760 | 219 | 298 | 6 |
| 30 Sep 23 | 8,144 | 260 | 300 | 6 |
| 30 Jun 23 | 8,497 | 259 | 289 | 10 |
| 31 Mar 23 | 8,450 | 266 | 279 | 13 |
| 31 Dec 22 | 8,543 | 268 | 266 | 15 |
| 30 Sep 22 | 8,243 | 273 | 247 | 18 |
| 30 Jun 22 | 7,629 | 250 | 247 | 19 |
| 31 Mar 22 | 7,319 | 249 | 259 | 15 |
| 31 Dec 21 | 6,983 | 266 | 259 | 20 |
| 30 Sep 21 | 6,612 | 216 | 123 | 18 |
| 30 Jun 21 | 6,454 | 225 | 155 | 29 |
| 31 Mar 21 | 6,316 | 227 | 179 | 62 |
| 31 Dec 20 | 5,786 | 159 | 196 | 72 |
| 30 Sep 20 | 5,835 | 201 | 350 | 107 |
| 30 Jun 20 | 5,725 | 164 | 364 | 125 |
| 31 Mar 20 | 5,336 | 121 | 342 | 111 |
| 31 Dec 19 | 5,770 | 128 | 363 | 105 |
| 30 Sep 19 | 5,230 | 87 | 354 | 75 |
| 30 Jun 19 | 5,038 | 77 | 333 | 47 |
| 31 Mar 19 | 5,244 | 64 | 340 | 37 |
| 31 Dec 18 | 4,977 | 42 | 324 | 36 |
| 30 Sep 18 | 4,880 | 55 | 248 | 58 |
| 30 Jun 18 | 4,860 | 46 | 251 | 50 |
| 31 Mar 18 | 4,753 | 24 | 255 | 40 |
| 31 Dec 17 | 4,546 | 7 | 271 | 29 |
| 30 Sep 17 | 4,531 | -23 | 383 | 0 |
| 30 Jun 17 | 4,484 | -4 | 379 | 0 |
| 31 Mar 17 | 4,137 | 7 | 362 | 0 |
| 31 Dec 16 | 4,001 | 10 | 363 | 0 |
| 30 Sep 16 | 3,616 | 37 | 293 | 0 |
| 30 Jun 16 | 3,304 | 26 | 318 | 0 |
| 31 Mar 16 | 3,356 | 48 | 315 | 0 |
| 31 Dec 15 | 3,300 | 87 | 316 | 0 |
| 30 Sep 15 | 3,447 | 98 | 372 | 0 |
| 30 Jun 15 | 3,486 | 125 | 376 | 0 |
| 31 Mar 15 | 3,429 | 135 | 407 | 0 |
| 31 Dec 14 | 3,464 | 129 | 379 | 0 |
| 30 Sep 14 | 3,393 | 126 | 371 | 0 |
| 30 Jun 14 | 3,273 | 124 | 355 | 0 |
| 31 Mar 14 | 3,054 | 118 | 309 | 0 |
Quality Earnings: 601968 has high quality earnings.
Growing Profit Margin: 601968's current net profit margins (2.1%) are lower than last year (3.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 601968's earnings have grown by 9.3% per year over the past 5 years.
Accelerating Growth: 601968's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 601968 had negative earnings growth (-33.2%) over the past year, making it difficult to compare to the Packaging industry average (18.4%).
Return on Equity
High ROE: 601968's Return on Equity (4.9%) 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 | 2025/01/03 09:18 |
| End of Day Share Price | 2025/01/03 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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 Baosteel Packaging Co., Ltd. is covered by 2 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 |
|---|---|
| Kai Zheng | China Merchants Securities Co. Ltd. |
| Sun-Hai Yang | Tianfeng Securities Brokerage Co., Ltd |