Hubei Jianghan New Materials Co., Ltd.

SHSE:603281 Stock Report

Market Cap: CN¥9.2b

Hubei Jianghan New Materials Past Earnings Performance

Past criteria checks 1/6

Hubei Jianghan New Materials has been growing earnings at an average annual rate of 9.2%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 6.5% per year. Hubei Jianghan New Materials's return on equity is 12%, and it has net margins of 25.9%.

Key information

9.2%

Earnings growth rate

-5.8%

EPS growth rate

Chemicals Industry Growth12.1%
Revenue growth rate6.5%
Return on equity12.0%
Net Margin25.9%
Last Earnings Update30 Sep 2024

Recent past performance updates

We Think That There Are More Issues For Hubei Jianghan New Materials (SHSE:603281) Than Just Sluggish Earnings

Aug 26
We Think That There Are More Issues For Hubei Jianghan New Materials (SHSE:603281) Than Just Sluggish Earnings

Recent updates

Are Hubei Jianghan New Materials Co., Ltd. (SHSE:603281) Investors Paying Above The Intrinsic Value?

Oct 25
Are Hubei Jianghan New Materials Co., Ltd. (SHSE:603281) Investors Paying Above The Intrinsic Value?

Hubei Jianghan New Materials (SHSE:603281) Will Be Hoping To Turn Its Returns On Capital Around

Sep 27
Hubei Jianghan New Materials (SHSE:603281) Will Be Hoping To Turn Its Returns On Capital Around

We Think That There Are More Issues For Hubei Jianghan New Materials (SHSE:603281) Than Just Sluggish Earnings

Aug 26
We Think That There Are More Issues For Hubei Jianghan New Materials (SHSE:603281) Than Just Sluggish Earnings

Hubei Jianghan New Materials (SHSE:603281) Will Be Hoping To Turn Its Returns On Capital Around

Jun 07
Hubei Jianghan New Materials (SHSE:603281) Will Be Hoping To Turn Its Returns On Capital Around

Revenue & Expenses Breakdown

How Hubei Jianghan New Materials makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SHSE:603281 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,23057710867
30 Jun 242,27459211269
31 Mar 242,2836558371
31 Dec 232,27765510469
30 Sep 232,40174410079
30 Jun 232,64083110889
31 Mar 232,932891132108
31 Dec 223,3121,040142117
31 Mar 223,03688615191
31 Dec 212,53568411078
31 Dec 201,3633107342
31 Dec 191,50632119171
31 Dec 181,47932818068

Quality Earnings: 603281 has a high level of non-cash earnings.

Growing Profit Margin: 603281's current net profit margins (25.9%) are lower than last year (31%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 603281's earnings have grown by 9.2% per year over the past 5 years.

Accelerating Growth: 603281's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 603281 had negative earnings growth (-22.4%) over the past year, making it difficult to compare to the Chemicals industry average (-4.7%).


Return on Equity

High ROE: 603281's Return on Equity (12%) 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 02:31
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

Hubei Jianghan New Materials Co., Ltd. is covered by 5 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
Rui Bin DongChina Merchants Securities Co. Ltd.
Zhe WangCitic Securities Co., Ltd.
Wei LiuHaitong International Research Limited