Jiangsu Changbao Steeltube Co.,Ltd

SZSE:002478 Stock Report

Market Cap: CN¥5.2b

Jiangsu Changbao SteeltubeLtd Past Earnings Performance

Past criteria checks 4/6

Jiangsu Changbao SteeltubeLtd has been growing earnings at an average annual rate of 7.7%, while the Metals and Mining industry saw earnings growing at 11.8% annually. Revenues have been growing at an average rate of 6.8% per year. Jiangsu Changbao SteeltubeLtd's return on equity is 13.9%, and it has net margins of 12.2%.

Key information

7.7%

Earnings growth rate

10.6%

EPS growth rate

Metals and Mining Industry Growth13.1%
Revenue growth rate6.8%
Return on equity13.9%
Net Margin12.2%
Last Earnings Update31 Mar 2024

Recent past performance updates

Jiangsu Changbao SteeltubeLtd's (SZSE:002478) Earnings Are Of Questionable Quality

Apr 08
Jiangsu Changbao SteeltubeLtd's (SZSE:002478) Earnings Are Of Questionable Quality

Recent updates

Benign Growth For Jiangsu Changbao Steeltube Co.,Ltd (SZSE:002478) Underpins Its Share Price

Apr 26
Benign Growth For Jiangsu Changbao Steeltube Co.,Ltd (SZSE:002478) Underpins Its Share Price

Jiangsu Changbao SteeltubeLtd's (SZSE:002478) Earnings Are Of Questionable Quality

Apr 08
Jiangsu Changbao SteeltubeLtd's (SZSE:002478) Earnings Are Of Questionable Quality

Jiangsu Changbao SteeltubeLtd (SZSE:002478) Has A Rock Solid Balance Sheet

Mar 21
Jiangsu Changbao SteeltubeLtd (SZSE:002478) Has A Rock Solid Balance Sheet

Revenue & Expenses Breakdown
Beta

How Jiangsu Changbao SteeltubeLtd makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:002478 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 246,142750206231
31 Dec 236,661783203251
30 Sep 236,849746165255
30 Jun 236,936742161257
31 Mar 236,962631170254
01 Jan 236,223471135231
30 Sep 225,779381171225
30 Jun 225,017218135198
31 Mar 224,413162142176
31 Dec 214,226136164159
30 Sep 213,878-55101136
30 Jun 213,956-3137131
31 Mar 213,93142157139
31 Dec 203,942124187132
30 Sep 204,146369277141
30 Jun 204,471492314154
31 Mar 204,878559341160
31 Dec 195,285601354176
30 Sep 195,515624389184
30 Jun 195,641608376190
31 Mar 195,582570386182
31 Dec 185,376480367179
30 Sep 185,025416338165
30 Jun 184,483288241205
31 Mar 183,971170238162
31 Dec 173,494144232126
30 Sep 173,10712021691
30 Jun 172,6581152950
31 Mar 172,2761022520
31 Dec 162,2051102550
30 Sep 162,3551312710
30 Jun 162,5891712750
31 Mar 162,7951882890
31 Dec 152,9232062980
30 Sep 152,9772192830
30 Jun 153,1452263040
31 Mar 153,4812393200
31 Dec 143,7772463460
30 Sep 144,0002334050
30 Jun 144,1362374040
31 Mar 144,0892344130
31 Dec 133,9882274050
30 Sep 133,7452323700
30 Jun 133,6282153590

Quality Earnings: 002478 has a high level of non-cash earnings.

Growing Profit Margin: 002478's current net profit margins (12.2%) are higher than last year (9.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 002478's earnings have grown by 7.7% per year over the past 5 years.

Accelerating Growth: 002478's earnings growth over the past year (19%) exceeds its 5-year average (7.7% per year).

Earnings vs Industry: 002478 earnings growth over the past year (19%) exceeded the Metals and Mining industry -1.7%.


Return on Equity

High ROE: 002478's Return on Equity (13.9%) is considered low.


Return on Assets


Return on Capital Employed


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