Shandong Fiberglass Group Past Earnings Performance

Past criteria checks 0/6

Shandong Fiberglass Group has been growing earnings at an average annual rate of 4.4%, while the Chemicals industry saw earnings growing at 8.4% annually. Revenues have been declining at an average rate of 5.6% per year.

Key information

4.4%

Earnings growth rate

1.2%

EPS growth rate

Chemicals Industry Growth	12.1%
Revenue growth rate	-5.6%
Return on equity	-2.5%
Net Margin	-3.3%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

Shandong Fiberglass Group (SHSE:605006) May Have Issues Allocating Its Capital

Apr 17

A Piece Of The Puzzle Missing From Shandong Fiberglass Group Co., Ltd's (SHSE:605006) 28% Share Price Climb

Mar 18

Revenue & Expenses Breakdown
Beta

How Shandong Fiberglass Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SHSE:605006 Revenue, expenses and earnings (CNY Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
31 Mar 24	2,088	-68	131	119
31 Dec 23	2,202	105	126	116
30 Sep 23	2,287	201	132	99
30 Jun 23	2,350	306	125	95
31 Mar 23	2,576	442	129	94
31 Dec 22	2,781	536	133	102
30 Sep 22	2,845	537	138	122
30 Jun 22	2,897	563	139	118
31 Mar 22	2,844	576	138	107
31 Dec 21	2,749	546	129	97
30 Sep 21	2,687	530	129	88
30 Jun 21	2,544	441	125	83
31 Mar 21	2,304	291	111	79
31 Dec 20	1,996	172	111	76
30 Sep 20	1,843	135	110	69
30 Jun 20	1,787	126	121	68
31 Mar 20	1,779	139	139	66
31 Dec 19	1,811	146	150	64
31 Dec 18	1,803	169	131	57
31 Dec 17	1,707	121	122	49
31 Dec 16	1,332	138	109	38
31 Dec 15	1,121	101	120	0
31 Dec 14	1,027	83	108	0
31 Dec 13	961	44	109	0

Quality Earnings: 605006 is currently unprofitable.

Growing Profit Margin: 605006 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 605006 is unprofitable, but has reduced losses over the past 5 years at a rate of 4.4% per year.

Accelerating Growth: Unable to compare 605006's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 605006 is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-19.8%).

Return on Equity

High ROE: 605006 has a negative Return on Equity (-2.53%), as it is currently unprofitable.

Shandong Fiberglass Group Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

First quarter 2024 earnings released: CN¥0.14 loss per share (vs CN¥0.15 profit in 1Q 2023)

Shandong Fiberglass Group Co., Ltd to Report Q1, 2024 Results on Apr 30, 2024

Shandong Fiberglass Group Co., Ltd to Report Fiscal Year 2023 Results on Apr 24, 2024

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Third quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.20 in 3Q 2021)

Second quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.29 in 2Q 2021)

Recent updates

Shandong Fiberglass Group Co., Ltd, Annual General Meeting, May 16, 2024

First quarter 2024 earnings released: CN¥0.14 loss per share (vs CN¥0.15 profit in 1Q 2023)

Shandong Fiberglass Group (SHSE:605006) May Have Issues Allocating Its Capital

Investor sentiment deteriorates as stock falls 16%

Shandong Fiberglass Group Co., Ltd to Report Q1, 2024 Results on Apr 30, 2024

A Piece Of The Puzzle Missing From Shandong Fiberglass Group Co., Ltd's (SHSE:605006) 28% Share Price Climb

Investor sentiment improves as stock rises 18%

Investor sentiment deteriorates as stock falls 18%

Now 20% undervalued after recent price drop

Shandong Fiberglass Group Co., Ltd to Report Fiscal Year 2023 Results on Apr 24, 2024

Less than half of directors are independent

Now 20% undervalued after recent price drop

New major risk - Financial position

Now 20% undervalued after recent price drop

New minor risk - Profit margin trend

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target decreased to CN¥13.94

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.20 in 3Q 2021)

Price target decreased to CN¥16.75

Second quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.29 in 2Q 2021)

Price target increased to CN¥20.36

Investor sentiment deteriorated over the past week

First quarter 2022 earnings: EPS misses analyst expectations

Full year 2021 earnings: EPS misses analyst expectations

Full year 2021 earnings: EPS misses analyst expectations

Price target increased to CN¥21.59

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥0.35 (vs CN¥0.07 in 2Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS CN¥0.31 (vs CN¥0.08 in 1Q 2020)

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS CN¥0.40 (vs CN¥0.37 in FY 2019)

Earnings beat expectations, revenue disappoints

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

New 90-day high: CN¥10.86

Investor sentiment improved over the past week

Shandong Fiberglass Group Co., Ltd to Report Fiscal Year 2020 Results on Mar 03, 2021

Market bids up stock over the past week

Market bids up stock over the past week

Third quarter earnings released

Shandong Fiberglass Group Co., Ltd to Report Q3, 2020 Results on Oct 26, 2020

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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Revenue & Expenses Breakdown
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