Zhejiang Fulai New Material Co.,Ltd.

SHSE:605488 Stock Report

Market Cap: CN¥3.7b

Zhejiang Fulai New MaterialLtd Past Earnings Performance

Past criteria checks 2/6

Zhejiang Fulai New MaterialLtd's earnings have been declining at an average annual rate of -15.4%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 12.7% per year. Zhejiang Fulai New MaterialLtd's return on equity is 5.5%, and it has net margins of 3.5%.

Key information

-15.4%

Earnings growth rate

-24.1%

EPS growth rate

Chemicals Industry Growth12.1%
Revenue growth rate12.7%
Return on equity5.5%
Net Margin3.5%
Last Earnings Update30 Sep 2024

Recent past performance updates

There Might Be More To Zhejiang Fulai New MaterialLtd's (SHSE:605488) Story Than Just Weak Earnings

Apr 05
There Might Be More To Zhejiang Fulai New MaterialLtd's (SHSE:605488) Story Than Just Weak Earnings

Recent updates

Zhejiang Fulai New Material Co.,Ltd.'s (SHSE:605488) 33% Price Boost Is Out Of Tune With Earnings

Dec 02
Zhejiang Fulai New Material Co.,Ltd.'s (SHSE:605488) 33% Price Boost Is Out Of Tune With Earnings

Returns On Capital At Zhejiang Fulai New MaterialLtd (SHSE:605488) Paint A Concerning Picture

Oct 24
Returns On Capital At Zhejiang Fulai New MaterialLtd (SHSE:605488) Paint A Concerning Picture

There's No Escaping Zhejiang Fulai New Material Co.,Ltd.'s (SHSE:605488) Muted Earnings

Sep 27
There's No Escaping Zhejiang Fulai New Material Co.,Ltd.'s (SHSE:605488) Muted Earnings

Returns On Capital At Zhejiang Fulai New MaterialLtd (SHSE:605488) Paint A Concerning Picture

Jun 03
Returns On Capital At Zhejiang Fulai New MaterialLtd (SHSE:605488) Paint A Concerning Picture

There Might Be More To Zhejiang Fulai New MaterialLtd's (SHSE:605488) Story Than Just Weak Earnings

Apr 05
There Might Be More To Zhejiang Fulai New MaterialLtd's (SHSE:605488) Story Than Just Weak Earnings

Zhejiang Fulai New Material Co.,Ltd.'s (SHSE:605488) 28% Share Price Surge Not Quite Adding Up

Apr 03
Zhejiang Fulai New Material Co.,Ltd.'s (SHSE:605488) 28% Share Price Surge Not Quite Adding Up

Revenue & Expenses Breakdown

How Zhejiang Fulai New MaterialLtd makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SHSE:605488 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,35283168101
30 Jun 242,32592165102
31 Mar 242,2338515799
31 Dec 232,1317014492
30 Sep 231,9797312480
30 Jun 231,9028111472
31 Mar 231,8707010967
31 Dec 221,9017511266
30 Sep 221,9367811865
30 Jun 221,8838911662
31 Mar 221,84510511563
31 Dec 211,71512711160
30 Sep 211,68316910158
30 Jun 211,5561609654
31 Mar 211,4451539749
31 Dec 201,2691209043
31 Dec 191,26910310945
31 Dec 181,2127410944
31 Dec 171,096849240

Quality Earnings: 605488 has a high level of non-cash earnings.

Growing Profit Margin: 605488's current net profit margins (3.5%) are lower than last year (3.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 605488's earnings have declined by 15.4% per year over the past 5 years.

Accelerating Growth: 605488's earnings growth over the past year (13.1%) exceeds its 5-year average (-15.4% per year).

Earnings vs Industry: 605488 earnings growth over the past year (13.1%) exceeded the Chemicals industry -4.7%.


Return on Equity

High ROE: 605488's Return on Equity (5.5%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 17:04
End of Day Share Price 2024/12/26 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

Zhejiang Fulai New Material Co.,Ltd. is covered by 0 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