Shanghai Pret Composites Co., Ltd.

SZSE:002324 Stock Report

Market Cap: CN¥10.5b

Shanghai Pret Composites Past Earnings Performance

Past criteria checks 5/6

Shanghai Pret Composites has been growing earnings at an average annual rate of 18%, while the Chemicals industry saw earnings growing at 7.9% annually. Revenues have been growing at an average rate of 21.1% per year. Shanghai Pret Composites's return on equity is 9.3%, and it has net margins of 5.1%.

Key information

18.0%

Earnings growth rate

17.3%

EPS growth rate

Chemicals Industry Growth12.1%
Revenue growth rate21.1%
Return on equity9.3%
Net Margin5.1%
Last Earnings Update31 Mar 2024

Recent past performance updates

Shanghai Pret Composites' (SZSE:002324) Earnings Are Weaker Than They Seem

Apr 25
Shanghai Pret Composites' (SZSE:002324) Earnings Are Weaker Than They Seem

Recent updates

Shanghai Pret Composites (SZSE:002324) Has A Pretty Healthy Balance Sheet

Jun 09
Shanghai Pret Composites (SZSE:002324) Has A Pretty Healthy Balance Sheet

Investors Will Want Shanghai Pret Composites' (SZSE:002324) Growth In ROCE To Persist

May 22
Investors Will Want Shanghai Pret Composites' (SZSE:002324) Growth In ROCE To Persist

Shanghai Pret Composites Co., Ltd. (SZSE:002324) Analysts Just Slashed This Year's Estimates

Apr 30
Shanghai Pret Composites Co., Ltd. (SZSE:002324) Analysts Just Slashed This Year's Estimates

Earnings Report: Shanghai Pret Composites Co., Ltd. Missed Revenue Estimates By 22%

Apr 28
Earnings Report: Shanghai Pret Composites Co., Ltd. Missed Revenue Estimates By 22%

Shanghai Pret Composites' (SZSE:002324) Earnings Are Weaker Than They Seem

Apr 25
Shanghai Pret Composites' (SZSE:002324) Earnings Are Weaker Than They Seem

Even With A 28% Surge, Cautious Investors Are Not Rewarding Shanghai Pret Composites Co., Ltd.'s (SZSE:002324) Performance Completely

Mar 06
Even With A 28% Surge, Cautious Investors Are Not Rewarding Shanghai Pret Composites Co., Ltd.'s (SZSE:002324) Performance Completely

Revenue & Expenses Breakdown

How Shanghai Pret Composites makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:002324 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 248,748443375523
31 Dec 238,709468343514
30 Sep 238,975451393468
30 Jun 238,405357353450
31 Mar 237,369281303379
01 Jan 236,758202297358
30 Sep 225,75892223290
30 Jun 225,150-16210243
31 Mar 225,138-26213246
01 Jan 224,87124197249
30 Sep 214,715114141282
30 Jun 214,565199157262
31 Mar 214,810417191254
31 Dec 204,448396200213
30 Sep 204,137419279127
30 Jun 203,951388265146
31 Mar 203,384193244149
31 Dec 193,600165257180
30 Sep 193,56689236227
30 Jun 193,54844238231
31 Mar 193,72050236234
01 Jan 193,66672235227
30 Sep 183,685111219214
30 Jun 183,558137143277
31 Mar 183,324155169225
31 Dec 173,397174217175
30 Sep 173,440211277125
30 Jun 173,3342373810
31 Mar 173,3262533870
31 Dec 163,1582783600
30 Sep 162,9442863280
30 Jun 162,8822693320
31 Mar 162,8872653020
31 Dec 152,7872602910
30 Sep 152,5932442880
30 Jun 152,4322552350
31 Mar 152,1982331960
31 Dec 142,0261961790
30 Sep 141,9412131400
30 Jun 141,8812071340
31 Mar 141,7972031360
31 Dec 131,7101971290
30 Sep 131,5611991080
30 Jun 131,4431821030

Quality Earnings: 002324 has high quality earnings.

Growing Profit Margin: 002324's current net profit margins (5.1%) are higher than last year (3.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 002324's earnings have grown by 18% per year over the past 5 years.

Accelerating Growth: 002324's earnings growth over the past year (57.6%) exceeds its 5-year average (18% per year).

Earnings vs Industry: 002324 earnings growth over the past year (57.6%) exceeded the Chemicals industry -16.4%.


Return on Equity

High ROE: 002324's Return on Equity (9.3%) is considered low.


Return on Assets


Return on Capital Employed


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