Nantong Acetic Acid Chemical Co., Ltd.

SHSE:603968 Stock Report

Market Cap: CN¥2.0b

Nantong Acetic Acid Chemical Past Earnings Performance

Past criteria checks 0/6

Nantong Acetic Acid Chemical's earnings have been declining at an average annual rate of -20.8%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 7.3% per year.

Key information

-20.8%

Earnings growth rate

-20.8%

EPS growth rate

Chemicals Industry Growth12.1%
Revenue growth rate7.3%
Return on equity-6.3%
Net Margin-4.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Nantong Acetic Acid Chemical Co., Ltd.'s (SHSE:603968) Revenues Are Not Doing Enough For Some Investors

Oct 15
Nantong Acetic Acid Chemical Co., Ltd.'s (SHSE:603968) Revenues Are Not Doing Enough For Some Investors

Improved Earnings Required Before Nantong Acetic Acid Chemical Co., Ltd. (SHSE:603968) Shares Find Their Feet

Apr 17
Improved Earnings Required Before Nantong Acetic Acid Chemical Co., Ltd. (SHSE:603968) Shares Find Their Feet

Revenue & Expenses Breakdown

How Nantong Acetic Acid Chemical makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SHSE:603968 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,782-12721080
30 Jun 242,890-10121997
31 Mar 242,932-43207101
31 Dec 233,0083319798
30 Sep 233,235144174121
30 Jun 233,336278160107
31 Mar 233,462360166100
31 Dec 223,590401167104
30 Sep 223,664398177103
30 Jun 223,457306161119
31 Mar 223,282220150107
31 Dec 212,99917414088
30 Sep 212,74415213977
30 Jun 212,66219913977
31 Mar 212,56023213976
31 Dec 202,42424813274
30 Sep 202,42826014082
30 Jun 202,35725114062
31 Mar 202,22222915466
31 Dec 192,25822116366
30 Sep 192,15420715047
30 Jun 192,07320513642
31 Mar 192,05420513339
31 Dec 182,02820112337
30 Sep 182,00220412827
30 Jun 181,91317913015
31 Mar 181,75216211710
31 Dec 171,6611611208
30 Sep 171,5461521135
30 Jun 171,4771561330
31 Mar 171,4631761290
31 Dec 161,3301481200
30 Sep 161,2251181170
30 Jun 161,1911061030
31 Mar 161,205871130
31 Dec 151,2421041120
30 Sep 151,3021011210
30 Jun 151,3841121180
31 Mar 151,4071141070
31 Dec 141,4231001060
31 Dec 131,26463960

Quality Earnings: 603968 is currently unprofitable.

Growing Profit Margin: 603968 is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 603968 is unprofitable, and losses have increased over the past 5 years at a rate of 20.8% per year.

Accelerating Growth: Unable to compare 603968's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 603968 is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-4.7%).


Return on Equity

High ROE: 603968 has a negative Return on Equity (-6.26%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 01:15
End of Day Share Price 2024/12/24 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

Nantong Acetic Acid Chemical Co., Ltd. is covered by 3 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
Hui LiChina Merchants Securities Co. Ltd.
Xi LiuHuatai Research
LiuMing XuIndustrial Securities Co. Ltd.