FSPG Hi-Tech CO., Ltd.

SZSE:000973 Stock Report

Market Cap: CN¥5.8b

FSPG Hi-Tech Past Earnings Performance

Past criteria checks 1/6

FSPG Hi-Tech has been growing earnings at an average annual rate of 22.9%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been declining at an average rate of 4.9% per year. FSPG Hi-Tech's return on equity is 3.6%, and it has net margins of 5.3%.

Key information

22.9%

Earnings growth rate

23.5%

EPS growth rate

Chemicals Industry Growth12.1%
Revenue growth rate-4.9%
Return on equity3.6%
Net Margin5.3%
Last Earnings Update30 Sep 2024

Recent past performance updates

Earnings Troubles May Signal Larger Issues for FSPG Hi-Tech (SZSE:000973) Shareholders

Nov 12
Earnings Troubles May Signal Larger Issues for FSPG Hi-Tech (SZSE:000973) Shareholders

Recent updates

Earnings Troubles May Signal Larger Issues for FSPG Hi-Tech (SZSE:000973) Shareholders

Nov 12
Earnings Troubles May Signal Larger Issues for FSPG Hi-Tech (SZSE:000973) Shareholders

FSPG Hi-Tech CO., Ltd.'s (SZSE:000973) Shares Bounce 29% But Its Business Still Trails The Market

Oct 22
FSPG Hi-Tech CO., Ltd.'s (SZSE:000973) Shares Bounce 29% But Its Business Still Trails The Market

FSPG Hi-Tech (SZSE:000973) Has Announced That It Will Be Increasing Its Dividend To CN¥0.067

Jun 11
FSPG Hi-Tech (SZSE:000973) Has Announced That It Will Be Increasing Its Dividend To CN¥0.067

We Think That There Are Some Issues For FSPG Hi-Tech (SZSE:000973) Beyond Its Promising Earnings

Mar 29
We Think That There Are Some Issues For FSPG Hi-Tech (SZSE:000973) Beyond Its Promising Earnings

Revenue & Expenses Breakdown

How FSPG Hi-Tech makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:000973 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,93510219698
30 Jun 242,044219197105
31 Mar 242,106214195114
31 Dec 232,215214198124
30 Sep 232,604233207137
30 Jun 232,606113208139
31 Mar 232,673126212141
01 Jan 232,635136213136
30 Sep 222,595118201144
30 Jun 222,548124200133
31 Mar 222,473124189125
01 Jan 222,457122195122
30 Sep 212,511125144122
30 Jun 212,448107162121
31 Mar 212,42789193112
31 Dec 202,29971187102
30 Sep 202,185-825296
30 Jun 202,6034128889
31 Mar 202,7414028089
01 Jan 202,8484328089
30 Sep 193,35517437298
30 Jun 192,96811831892
31 Mar 192,82811231487
31 Dec 182,82311632185
30 Sep 182,3488527171
30 Jun 182,40393224114
31 Mar 182,43010024497
31 Dec 172,51210627382
30 Sep 172,52213627960
30 Jun 172,4781363480
31 Mar 172,5091313630
31 Dec 162,4661263560
30 Sep 162,733993470
30 Jun 162,729903460
31 Mar 162,896913240
31 Dec 152,887833090
30 Sep 152,777552990
30 Jun 152,866813050
31 Mar 152,717813050
31 Dec 142,731802940
30 Sep 142,8411042850
30 Jun 142,890792890
31 Mar 142,902742800
31 Dec 133,019792930

Quality Earnings: 000973 has a large one-off gain of CN¥33.6M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 000973's current net profit margins (5.3%) are lower than last year (8.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 000973's earnings have grown significantly by 22.9% per year over the past 5 years.

Accelerating Growth: 000973's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 000973 had negative earnings growth (-56%) over the past year, making it difficult to compare to the Chemicals industry average (-4.7%).


Return on Equity

High ROE: 000973's Return on Equity (3.6%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 16:18
End of Day Share Price 2024/12/27 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

FSPG Hi-Tech CO., Ltd. is covered by 6 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
Xian Gong RenBohai Securities Co., Ltd.
Qiushi QiChina Minzu Securities
Ning LiChina Stock Investment Research Co. Ltd. (GZ500..com)