Sobute New Materials Co., Ltd

XSSC:603916 Stock Report

Market Cap: CN¥3.3b

Sobute New Materials Past Earnings Performance

Past criteria checks 1/6

Sobute New Materials's earnings have been declining at an average annual rate of -17.7%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 0.9% per year. Sobute New Materials's return on equity is 3.7%, and it has net margins of 2.8%.

Key information

-17.7%

Earnings growth rate

-20.2%

EPS growth rate

Chemicals Industry Growth12.1%
Revenue growth rate0.9%
Return on equity3.7%
Net Margin2.8%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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

Earnings and Revenue History

XSSC:603916 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 243,48298746208
30 Jun 243,485117743212
31 Mar 243,495141736220
31 Dec 233,582160745217
30 Sep 233,576194715196
30 Jun 233,626221690200
31 Mar 233,664248653199
31 Dec 223,715288649206
30 Sep 224,004401656206
30 Jun 224,224481651213
31 Mar 224,466535625215
31 Dec 214,522533644220
30 Sep 214,434505481214
30 Jun 214,268490524199
31 Mar 213,999470629198
31 Dec 203,652441569176
30 Sep 203,456406761158
30 Jun 203,348387781162
31 Mar 203,264355757170
31 Dec 193,307354781171
30 Sep 193,017297743164
30 Jun 192,750228639145
31 Mar 192,427287529124
31 Dec 182,316268511119
30 Sep 182,100241431108
30 Jun 181,912239350155
31 Mar 181,773129336123
31 Dec 171,680134333103
30 Sep 171,55315432971
30 Jun 171,4501475460
31 Mar 171,2841404410
31 Dec 161,3141333590
30 Jun 161,2591451960
31 Mar 161,2871582860
31 Dec 151,3141713760
31 Dec 141,722235760
31 Dec 131,6071862990

Quality Earnings: 603916 has high quality earnings.

Growing Profit Margin: 603916's current net profit margins (2.8%) are lower than last year (5.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 603916's earnings have declined by 17.7% per year over the past 5 years.

Accelerating Growth: 603916's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 603916 had negative earnings growth (-49.7%) over the past year, making it difficult to compare to the Chemicals industry average (-4.7%).

Return on Equity

High ROE: 603916's Return on Equity (3.7%) 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 Analysis2024/12/26 04:01
End of Day Share Price 2024/12/26 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

Sobute New Materials Co., Ltd is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tai MaChangjiang Securities Co. LTD.
Qing GongChina International Capital Corporation Limited
Zhe WangCitic Securities Co., Ltd.