Elite Color Environmental Resources Science & Technology Co., Ltd.

SZSE:002998 Stock Report

Market Cap: CN¥2.0b

Elite Color Environmental Resources Science & Technology Past Earnings Performance

Past criteria checks 3/6

Elite Color Environmental Resources Science & Technology has been growing earnings at an average annual rate of 1.8%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 13% per year. Elite Color Environmental Resources Science & Technology's return on equity is 6.9%, and it has net margins of 5.6%.

Key information

1.8%

Earnings growth rate

-4.9%

EPS growth rate

Chemicals Industry Growth12.1%
Revenue growth rate13.0%
Return on equity6.9%
Net Margin5.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Improved Earnings Required Before Elite Color Environmental Resources Science & Technology Co., Ltd. (SZSE:002998) Shares Find Their Feet

Sep 27
Improved Earnings Required Before Elite Color Environmental Resources Science & Technology Co., Ltd. (SZSE:002998) Shares Find Their Feet

Elite Color Environmental Resources Science & Technology (SZSE:002998) Might Be Having Difficulty Using Its Capital Effectively

Apr 17
Elite Color Environmental Resources Science & Technology (SZSE:002998) Might Be Having Difficulty Using Its Capital Effectively

Revenue & Expenses Breakdown

How Elite Color Environmental Resources Science & Technology makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:002998 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,18412346125
30 Jun 242,37413948102
31 Mar 242,45714247104
31 Dec 232,4461374592
30 Sep 232,5181354569
30 Jun 232,4321074276
31 Mar 232,341783976
01 Jan 232,254784377
30 Sep 222,153743774
30 Jun 221,873794264
31 Mar 221,728924162
01 Jan 221,6201014060
30 Sep 211,4601314843
30 Jun 211,4341474344
31 Mar 211,4381714046
31 Dec 201,3641353749
30 Sep 201,4241263453
30 Jun 201,5421203657
31 Mar 201,572834156
31 Dec 191,738874458
31 Dec 181,082913837
31 Dec 17902814835
31 Dec 16732563925

Quality Earnings: 002998 has high quality earnings.

Growing Profit Margin: 002998's current net profit margins (5.6%) are higher than last year (5.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 002998's earnings have grown by 1.8% per year over the past 5 years.

Accelerating Growth: 002998's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 002998 had negative earnings growth (-8.8%) over the past year, making it difficult to compare to the Chemicals industry average (-4.7%).


Return on Equity

High ROE: 002998's Return on Equity (6.9%) 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 Analysis2024/12/25 07:58
End of Day Share Price 2024/12/25 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

Elite Color Environmental Resources Science & Technology Co., Ltd. is covered by 1 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
Zhe WangCitic Securities Co., Ltd.