Zhejiang Jianye Chemical Co., Ltd.

SHSE:603948 Stock Report

Market Cap: CN¥3.3b

Zhejiang Jianye Chemical Past Earnings Performance

Past criteria checks 2/6

Zhejiang Jianye Chemical has been growing earnings at an average annual rate of 22.8%, while the Chemicals industry saw earnings growing at 11.2% annually. Revenues have been growing at an average rate of 13.1% per year. Zhejiang Jianye Chemical's return on equity is 15.7%, and it has net margins of 12%.

Key information

22.8%

Earnings growth rate

16.5%

EPS growth rate

Chemicals Industry Growth12.1%
Revenue growth rate13.1%
Return on equity15.7%
Net Margin12.0%
Next Earnings Update27 Apr 2024

Recent past performance updates

Recent updates

Capital Allocation Trends At Zhejiang Jianye Chemical (SHSE:603948) Aren't Ideal

Apr 17
Capital Allocation Trends At Zhejiang Jianye Chemical (SHSE:603948) Aren't Ideal

Zhejiang Jianye Chemical Co., Ltd.'s (SHSE:603948) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Mar 06
Zhejiang Jianye Chemical Co., Ltd.'s (SHSE:603948) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Revenue & Expenses Breakdown
Beta

How Zhejiang Jianye Chemical makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SHSE:603948 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 232,65031810232
30 Sep 232,60830610455
30 Jun 232,67631310673
31 Mar 232,742347108101
31 Dec 222,79639010498
30 Sep 222,907459100102
30 Jun 222,9624279198
31 Mar 222,93536987100
31 Dec 212,7992908896
30 Sep 212,5221865078
30 Jun 212,2601665876
31 Mar 212,0181546663
31 Dec 201,7291266056
30 Sep 201,66713111357
30 Jun 201,62713110853
31 Mar 201,56913110356
31 Dec 191,67614310754
30 Jun 191,57413310356
31 Mar 191,73316610856
31 Dec 181,83219811564
31 Dec 171,82016711259
31 Dec 161,550559438
31 Dec 151,615298839

Quality Earnings: 603948 has high quality earnings.

Growing Profit Margin: 603948's current net profit margins (12%) are lower than last year (14%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 603948's earnings have grown significantly by 22.8% per year over the past 5 years.

Accelerating Growth: 603948's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 603948 had negative earnings growth (-18.6%) over the past year, making it difficult to compare to the Chemicals industry average (-24.7%).


Return on Equity

High ROE: 603948's Return on Equity (15.7%) is considered low.


Return on Assets


Return on Capital Employed


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