Daqing Huake Past Earnings Performance
Past criteria checks 2/6
Daqing Huake's earnings have been declining at an average annual rate of -20.2%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 1.3% per year. Daqing Huake's return on equity is 8.1%, and it has net margins of 2.4%.
Key information
-20.2%
Earnings growth rate
-19.0%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 1.3% |
| Return on equity | 8.1% |
| Net Margin | 2.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Daqing Huake makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 2,064 | 50 | 77 | 0 |
| 30 Jun 24 | 1,852 | 14 | 84 | 4 |
| 31 Mar 24 | 1,854 | 7 | 78 | 7 |
| 31 Dec 23 | 2,000 | 6 | 74 | 10 |
| 30 Sep 23 | 2,008 | -20 | 54 | 15 |
| 30 Jun 23 | 2,394 | 7 | 63 | 15 |
| 31 Mar 23 | 2,622 | 5 | 60 | 16 |
| 01 Jan 23 | 2,609 | 15 | 66 | 16 |
| 30 Sep 22 | 2,577 | 22 | 65 | 13 |
| 30 Jun 22 | 2,405 | 17 | 73 | 11 |
| 31 Mar 22 | 2,237 | 28 | 72 | 9 |
| 01 Jan 22 | 2,073 | 13 | 74 | 8 |
| 30 Sep 21 | 1,950 | 11 | 67 | 8 |
| 30 Jun 21 | 1,891 | 20 | 72 | 9 |
| 31 Mar 21 | 1,764 | 34 | 71 | 9 |
| 31 Dec 20 | 1,763 | 12 | 71 | 9 |
| 30 Sep 20 | 1,822 | 4 | 75 | 8 |
| 30 Jun 20 | 1,943 | 15 | 76 | 9 |
| 31 Mar 20 | 2,078 | 12 | 81 | 9 |
| 31 Dec 19 | 2,156 | 45 | 86 | 10 |
| 30 Sep 19 | 2,261 | 61 | 92 | 11 |
| 30 Jun 19 | 1,841 | 28 | 90 | 10 |
| 31 Mar 19 | 1,760 | 12 | 89 | 10 |
| 01 Jan 19 | 1,690 | -3 | 82 | 9 |
| 30 Sep 18 | 1,552 | 2 | 87 | 10 |
| 30 Jun 18 | 1,769 | 27 | 74 | 13 |
| 31 Mar 18 | 1,652 | 24 | 74 | 11 |
| 31 Dec 17 | 1,530 | 48 | 75 | 9 |
| 30 Sep 17 | 1,412 | 50 | 73 | 6 |
| 30 Jun 17 | 1,304 | 40 | 79 | 0 |
| 31 Mar 17 | 1,197 | 50 | 77 | 0 |
| 31 Dec 16 | 1,033 | 33 | 76 | 0 |
| 30 Sep 16 | 915 | 24 | 75 | 0 |
| 30 Jun 16 | 806 | 0 | 77 | 0 |
| 31 Mar 16 | 717 | -16 | 76 | 0 |
| 31 Dec 15 | 790 | -17 | 78 | 0 |
| 30 Sep 15 | 890 | -26 | 76 | 0 |
| 30 Jun 15 | 1,090 | -12 | 72 | 0 |
| 31 Mar 15 | 1,330 | 3 | 74 | 0 |
| 31 Dec 14 | 1,423 | 14 | 71 | 0 |
| 30 Sep 14 | 1,467 | 29 | 76 | 0 |
| 30 Jun 14 | 1,399 | 28 | 71 | 0 |
| 31 Mar 14 | 1,327 | 29 | 73 | 0 |
| 31 Dec 13 | 1,175 | 10 | 70 | 0 |
Quality Earnings: 000985 has high quality earnings.
Growing Profit Margin: 000985 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 000985's earnings have declined by 20.2% per year over the past 5 years.
Accelerating Growth: 000985 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 000985 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (-4.7%).
Return on Equity
High ROE: 000985's Return on Equity (8.1%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 02:45 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
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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
Daqing Huake Company Limited is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Qiang Wang | China Merchants Securities Co. Ltd. |
| Hairong Liu | Minsheng Securities Co. |