Jiangsu Changhai Composite Materials Past Earnings Performance
Past criteria checks 2/6
Jiangsu Changhai Composite Materials has been growing earnings at an average annual rate of 5.7%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 5.7% per year. Jiangsu Changhai Composite Materials's return on equity is 4.6%, and it has net margins of 8.4%.
Key information
5.7%
Earnings growth rate
5.6%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 5.7% |
| Return on equity | 4.6% |
| Net Margin | 8.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
There Are Reasons To Feel Uneasy About Jiangsu Changhai Composite Materials' (SZSE:300196) Returns On Capital
Dec 19
Potential Upside For Jiangsu Changhai Composite Materials Co., Ltd (SZSE:300196) Not Without Risk
Nov 14At CN¥10.97, Is Jiangsu Changhai Composite Materials Co., Ltd (SZSE:300196) Worth Looking At Closely?
Oct 13Is Jiangsu Changhai Composite Materials (SZSE:300196) Using Too Much Debt?
Sep 27Jiangsu Changhai Composite Materials (SZSE:300196) Is Paying Out Less In Dividends Than Last Year
May 26Jiangsu Changhai Composite Materials Co., Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 21Jiangsu Changhai Composite Materials Co., Ltd (SZSE:300196) Analysts Just Cut Their EPS Forecasts Substantially
Apr 20Revenue & Expenses Breakdown
How Jiangsu Changhai Composite Materials 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 | 2,522 | 211 | 197 | 120 |
| 30 Jun 24 | 2,523 | 208 | 194 | 121 |
| 31 Mar 24 | 2,585 | 266 | 197 | 123 |
| 31 Dec 23 | 2,607 | 296 | 188 | 132 |
| 30 Sep 23 | 2,709 | 503 | 174 | 135 |
| 30 Jun 23 | 2,787 | 600 | 169 | 136 |
| 31 Mar 23 | 2,866 | 671 | 168 | 136 |
| 01 Jan 23 | 3,017 | 817 | 176 | 130 |
| 30 Sep 22 | 2,969 | 754 | 173 | 130 |
| 30 Jun 22 | 2,865 | 741 | 170 | 120 |
| 31 Mar 22 | 2,706 | 694 | 150 | 111 |
| 01 Jan 22 | 2,506 | 572 | 152 | 103 |
| 30 Sep 21 | 2,399 | 495 | 129 | 95 |
| 30 Jun 21 | 2,315 | 406 | 141 | 93 |
| 31 Mar 21 | 2,201 | 321 | 168 | 89 |
| 31 Dec 20 | 2,043 | 271 | 166 | 84 |
| 30 Sep 20 | 2,022 | 251 | 217 | 81 |
| 30 Jun 20 | 2,031 | 268 | 221 | 87 |
| 31 Mar 20 | 2,086 | 290 | 216 | 89 |
| 31 Dec 19 | 2,210 | 289 | 225 | 91 |
| 30 Sep 19 | 2,282 | 303 | 218 | 94 |
| 30 Jun 19 | 2,296 | 301 | 216 | 88 |
| 31 Mar 19 | 2,269 | 278 | 221 | 86 |
| 31 Dec 18 | 2,198 | 263 | 208 | 83 |
| 30 Sep 18 | 2,103 | 232 | 208 | 79 |
| 30 Jun 18 | 2,088 | 205 | 177 | 104 |
| 31 Mar 18 | 2,066 | 182 | 185 | 83 |
| 31 Dec 17 | 2,027 | 202 | 197 | 66 |
| 30 Sep 17 | 1,971 | 228 | 201 | 45 |
| 30 Jun 17 | 1,837 | 237 | 239 | 0 |
| 31 Mar 17 | 1,788 | 269 | 230 | 0 |
| 31 Dec 16 | 1,768 | 258 | 239 | 0 |
| 30 Sep 16 | 1,750 | 249 | 228 | 0 |
| 30 Jun 16 | 1,702 | 246 | 239 | 0 |
| 31 Mar 16 | 1,660 | 224 | 235 | 0 |
| 31 Dec 15 | 1,516 | 214 | 206 | 0 |
| 30 Sep 15 | 1,348 | 198 | 178 | 0 |
| 30 Jun 15 | 1,253 | 176 | 142 | 0 |
| 31 Mar 15 | 1,110 | 158 | 124 | 0 |
| 31 Dec 14 | 1,113 | 147 | 123 | 0 |
| 30 Sep 14 | 1,079 | 139 | 121 | 0 |
| 30 Jun 14 | 1,031 | 125 | 118 | 0 |
| 31 Mar 14 | 983 | 113 | 108 | 0 |
| 31 Dec 13 | 920 | 105 | 101 | 0 |
Quality Earnings: 300196 has high quality earnings.
Growing Profit Margin: 300196's current net profit margins (8.4%) are lower than last year (18.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300196's earnings have grown by 5.7% per year over the past 5 years.
Accelerating Growth: 300196's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 300196 had negative earnings growth (-58.1%) over the past year, making it difficult to compare to the Chemicals industry average (-4.7%).
Return on Equity
High ROE: 300196's Return on Equity (4.6%) 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 | 2024/12/24 12:35 |
| End of Day Share Price | 2024/12/24 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 |
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| 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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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
Jiangsu Changhai Composite Materials Co., Ltd is covered by 20 analysts. 9 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 |
|---|---|
| Jingru Ma | Bohai Securities Co., Ltd. |
| Chao Fan | Changjiang Securities Co. LTD. |
| Ting Wang | China Galaxy Securities Co., Ltd. |