Guangdong Tianhe Agricultural Means of Production Past Earnings Performance
Past criteria checks 0/6
Guangdong Tianhe Agricultural Means of Production's earnings have been declining at an average annual rate of -0.6%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 11.6% per year. Guangdong Tianhe Agricultural Means of Production's return on equity is 3%, and it has net margins of 0.3%.
Key information
-0.6%
Earnings growth rate
-6.5%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 11.6% |
| Return on equity | 3.0% |
| Net Margin | 0.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Guangdong Tianhe Agricultural Means of Production's (SZSE:002999) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 04
Subdued Growth No Barrier To Guangdong Tianhe Agricultural Means of Production Co., Ltd.'s (SZSE:002999) Price
Oct 01We Think That There Are More Issues For Guangdong Tianhe Agricultural Means of Production (SZSE:002999) Than Just Sluggish Earnings
Apr 25Revenue & Expenses Breakdown
How Guangdong Tianhe Agricultural Means of Production 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 | 14,988 | 51 | 685 | 2 |
| 30 Jun 24 | 15,255 | 62 | 689 | 3 |
| 31 Mar 24 | 14,850 | 95 | 622 | 4 |
| 31 Dec 23 | 15,511 | 100 | 656 | 4 |
| 30 Sep 23 | 13,395 | 76 | 597 | 7 |
| 30 Jun 23 | 13,670 | 78 | 567 | 6 |
| 31 Mar 23 | 14,452 | 104 | 643 | 4 |
| 31 Dec 22 | 14,504 | 106 | 696 | 4 |
| 30 Sep 22 | 16,487 | 105 | 661 | 3 |
| 30 Jun 22 | 15,995 | 114 | 777 | 2 |
| 31 Mar 22 | 14,178 | 102 | 779 | 2 |
| 31 Dec 21 | 13,000 | 98 | 706 | 2 |
| 30 Sep 21 | 12,307 | 92 | 790 | 1 |
| 30 Jun 21 | 11,367 | 81 | 692 | 1 |
| 31 Mar 21 | 10,598 | 80 | 617 | 1 |
| 31 Dec 20 | 10,037 | 80 | 584 | 1 |
| 30 Sep 20 | 9,363 | 117 | 508 | 1 |
| 30 Jun 20 | 9,306 | 80 | 761 | 2 |
| 31 Mar 20 | 8,839 | 55 | 638 | 2 |
| 31 Dec 19 | 9,012 | 77 | 507 | 2 |
| 30 Jun 19 | 8,015 | 75 | 220 | 1 |
| 31 Mar 19 | 7,603 | 83 | 363 | 2 |
| 31 Dec 18 | 7,191 | 91 | 506 | 3 |
| 30 Jun 18 | 6,783 | 90 | 536 | 7 |
| 31 Mar 18 | 6,333 | 74 | 498 | 6 |
| 31 Dec 17 | 5,882 | 63 | 445 | 5 |
| 31 Mar 17 | 5,516 | 78 | 407 | 0 |
| 31 Dec 16 | 5,268 | 27 | 381 | 3 |
| 31 Dec 15 | 6,428 | 58 | 404 | 0 |
| 31 Dec 14 | 6,095 | 68 | 365 | 0 |
| 31 Dec 13 | 5,595 | 47 | 310 | 0 |
Quality Earnings: 002999 has a high level of non-cash earnings.
Growing Profit Margin: 002999's current net profit margins (0.3%) are lower than last year (0.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002999's earnings have declined by 0.6% per year over the past 5 years.
Accelerating Growth: 002999's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002999 had negative earnings growth (-32.3%) over the past year, making it difficult to compare to the Chemicals industry average (-4.7%).
Return on Equity
High ROE: 002999's Return on Equity (3%) 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 | 2024/12/26 19:23 |
| End of Day Share Price | 2024/12/26 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 |
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| Key Developments | 10 years |
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* 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
Guangdong Tianhe Agricultural Means of Production 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.
| Analyst | Institution |
|---|---|
| Wei Liu | Haitong International Research Limited |