Qifeng New Material Past Earnings Performance

Past criteria checks 4/6

Qifeng New Material has been growing earnings at an average annual rate of 4.6%, while the Forestry industry saw earnings growing at 4.6% annually. Revenues have been growing at an average rate of 3.1% per year. Qifeng New Material's return on equity is 5%, and it has net margins of 5.3%.

Key information

4.6%

Earnings growth rate

4.7%

EPS growth rate

Forestry Industry Growth	7.7%
Revenue growth rate	3.1%
Return on equity	5.0%
Net Margin	5.3%
Last Earnings Update	30 Sep 2024

Recent past performance updates

No updates

Recent updates

No updates

Revenue & Expenses Breakdown

How Qifeng New Material makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

XSEC:002521 Revenue, expenses and earnings (CNY Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Sep 24	3,499	186	95	123
30 Jun 24	3,703	298	95	128
31 Mar 24	3,727	290	102	127
31 Dec 23	3,661	237	102	123
30 Sep 23	3,374	162	114	106
30 Jun 23	3,188	41	119	101
31 Mar 23	3,077	-14	121	100
01 Jan 23	3,119	8	124	104
30 Sep 22	3,302	10	108	118
30 Jun 22	3,437	28	112	123
31 Mar 22	3,658	96	110	129
01 Jan 22	3,702	165	101	127
30 Sep 21	3,622	213	69	121
30 Jun 21	3,482	266	83	115
31 Mar 21	3,183	236	102	103
31 Dec 20	2,811	160	123	91
30 Sep 20	2,803	145	178	89
30 Jun 20	2,850	136	179	88
31 Mar 20	3,015	149	177	95
31 Dec 19	3,268	137	178	106
30 Sep 19	3,344	103	170	120
30 Jun 19	3,505	65	173	137
31 Mar 19	3,572	38	177	145
31 Dec 18	3,679	58	179	151
30 Sep 18	3,846	84	183	146
30 Jun 18	3,752	110	112	196
31 Mar 18	3,671	144	139	157
31 Dec 17	3,573	161	172	124
30 Sep 17	3,345	177	183	91
30 Jun 17	3,133	159	276	0
31 Mar 17	2,941	161	258	0
31 Dec 16	2,708	142	242	0
30 Sep 16	2,556	182	230	0
30 Jun 16	2,442	216	215	0
31 Mar 16	2,351	226	212	0
31 Dec 15	2,356	270	198	0
30 Sep 15	2,379	257	234	0
30 Jun 15	2,454	277	224	0
31 Mar 15	2,540	281	237	0
31 Dec 14	2,538	273	241	0
30 Sep 14	2,501	250	218	0
30 Jun 14	2,355	227	219	0
31 Mar 14	2,239	206	206	0
31 Dec 13	2,108	189	195	0

Quality Earnings: 002521 has high quality earnings.

Growing Profit Margin: 002521's current net profit margins (5.3%) are higher than last year (4.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 002521's earnings have grown by 4.6% per year over the past 5 years.

Accelerating Growth: 002521's earnings growth over the past year (14.6%) exceeds its 5-year average (4.6% per year).

Earnings vs Industry: 002521 earnings growth over the past year (14.6%) did not outperform the Forestry industry 19%.

Return on Equity

High ROE: 002521's Return on Equity (5%) 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 06:11
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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Qifeng New Material Co., Ltd. is covered by 7 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
Chun Xu	Changjiang Securities Co. LTD.
Xudong Wang	China Merchants Securities Co. Ltd.
Kai Zheng	China Merchants Securities Co. Ltd.