Chongqing Zaisheng Technology Past Earnings Performance
Past criteria checks 0/6
Chongqing Zaisheng Technology's earnings have been declining at an average annual rate of -27.1%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 2.3% per year. Chongqing Zaisheng Technology's return on equity is 0.9%, and it has net margins of 0.8%.
Key information
-27.1%
Earnings growth rate
-27.7%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 2.3% |
| Return on equity | 0.9% |
| Net Margin | 0.8% |
| Next Earnings Update | 04 Dec 2024 |
Recent past performance updates
Recent updates
What Chongqing Zaisheng Technology Co., Ltd.'s (SHSE:603601) P/S Is Not Telling You
Sep 30
What Does The Future Hold For Chongqing Zaisheng Technology Co., Ltd. (SHSE:603601)? These Analysts Have Been Cutting Their Estimates
May 01Chongqing Zaisheng Technology Co., Ltd.'s (SHSE:603601) Shares Leap 29% Yet They're Still Not Telling The Full Story
Mar 19Revenue & Expenses Breakdown
How Chongqing Zaisheng Technology 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 | 1,486 | 12 | 156 | 92 |
| 30 Jun 24 | 1,584 | 33 | 174 | 93 |
| 31 Mar 24 | 1,618 | 37 | 183 | 92 |
| 31 Dec 23 | 1,656 | 38 | 185 | 91 |
| 30 Sep 23 | 1,686 | 124 | 178 | 86 |
| 30 Jun 23 | 1,650 | 122 | 169 | 89 |
| 31 Mar 23 | 1,628 | 125 | 166 | 99 |
| 31 Dec 22 | 1,618 | 151 | 171 | 107 |
| 30 Sep 22 | 1,661 | 206 | 169 | 105 |
| 30 Jun 22 | 1,627 | 221 | 167 | 98 |
| 31 Mar 22 | 1,541 | 230 | 159 | 94 |
| 31 Dec 21 | 1,625 | 251 | 160 | 90 |
| 30 Sep 21 | 1,728 | 231 | 125 | 101 |
| 30 Jun 21 | 1,817 | 278 | 135 | 95 |
| 31 Mar 21 | 2,015 | 376 | 168 | 84 |
| 31 Dec 20 | 1,884 | 360 | 171 | 73 |
| 30 Sep 20 | 1,707 | 354 | 214 | 58 |
| 30 Jun 20 | 1,493 | 294 | 207 | 59 |
| 31 Mar 20 | 1,285 | 187 | 178 | 52 |
| 31 Dec 19 | 1,252 | 171 | 165 | 55 |
| 30 Sep 19 | 1,110 | 172 | 155 | 52 |
| 30 Jun 19 | 1,145 | 182 | 145 | 43 |
| 31 Mar 19 | 1,149 | 175 | 154 | 46 |
| 31 Dec 18 | 1,082 | 159 | 153 | 41 |
| 30 Sep 18 | 1,062 | 154 | 147 | 32 |
| 30 Jun 18 | 975 | 144 | 141 | 29 |
| 31 Mar 18 | 771 | 128 | 132 | 7 |
| 31 Dec 17 | 640 | 114 | 110 | 12 |
| 30 Sep 17 | 506 | 113 | 90 | 5 |
| 30 Jun 17 | 394 | 95 | 77 | 0 |
| 31 Mar 17 | 337 | 80 | 71 | 0 |
| 31 Dec 16 | 320 | 81 | 66 | 0 |
| 30 Sep 16 | 291 | 67 | 57 | 0 |
| 30 Jun 16 | 273 | 67 | 51 | 0 |
| 31 Mar 16 | 260 | 66 | 47 | 0 |
| 31 Dec 15 | 234 | 51 | 48 | 0 |
| 30 Sep 15 | 223 | 37 | 44 | 0 |
| 30 Jun 15 | 213 | 31 | 48 | 0 |
| 31 Mar 15 | 212 | 31 | 44 | 0 |
| 31 Dec 14 | 213 | 37 | 40 | 0 |
| 30 Sep 14 | 213 | 35 | 43 | 0 |
| 31 Dec 13 | 206 | 26 | 34 | 0 |
Quality Earnings: 603601 has a large one-off gain of CN¥6.5M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 603601's current net profit margins (0.8%) are lower than last year (7.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603601's earnings have declined by 27.1% per year over the past 5 years.
Accelerating Growth: 603601's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603601 had negative earnings growth (-90.6%) over the past year, making it difficult to compare to the Chemicals industry average (-5.3%).
Return on Equity
High ROE: 603601's Return on Equity (0.9%) is considered low.