Nantong Acetic Acid Chemical Co., Ltd.

SHSE:603968 Stock Report

Market Cap: CN¥2.1b

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 -4.4%, while the Chemicals industry saw earnings growing at 7.9% annually. Revenues have been growing at an average rate of 10.5% per year.

Key information

-4.4%

Earnings growth rate

-4.5%

EPS growth rate

Chemicals Industry Growth12.1%
Revenue growth rate10.5%
Return on equity-2.0%
Net Margin-1.5%
Last Earnings Update31 Mar 2024

Recent past performance updates

Recent updates

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
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 4.4% 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 (-16.4%).


Return on Equity

High ROE: 603968 has a negative Return on Equity (-1.95%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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