Changchun High-Tech Industry (Group) Co., Ltd.

SZSE:000661 Stock Report

Market Cap: CN¥40.6b

Changchun High-Tech Industry (Group) Past Earnings Performance

Past criteria checks 2/6

Changchun High-Tech Industry (Group) has been growing earnings at an average annual rate of 14.6%, while the Pharmaceuticals industry saw earnings growing at 9.1% annually. Revenues have been growing at an average rate of 15.7% per year. Changchun High-Tech Industry (Group)'s return on equity is 15%, and it has net margins of 26%.

Key information

14.6%

Earnings growth rate

13.1%

EPS growth rate

Pharmaceuticals Industry Growth10.9%
Revenue growth rate15.7%
Return on equity15.0%
Net Margin26.0%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Estimating The Fair Value Of Changchun High-Tech Industry (Group) Co., Ltd. (SZSE:000661)

Nov 25
Estimating The Fair Value Of Changchun High-Tech Industry (Group) Co., Ltd. (SZSE:000661)

Changchun High-Tech Industry (Group) Co., Ltd.'s (SZSE:000661) Share Price Boosted 33% But Its Business Prospects Need A Lift Too

Sep 30
Changchun High-Tech Industry (Group) Co., Ltd.'s (SZSE:000661) Share Price Boosted 33% But Its Business Prospects Need A Lift Too

Here's Why Changchun High-Tech Industry (Group) (SZSE:000661) Can Manage Its Debt Responsibly

Sep 29
Here's Why Changchun High-Tech Industry (Group) (SZSE:000661) Can Manage Its Debt Responsibly

Changchun High-Tech Industry (Group) Co., Ltd. Just Missed Revenue By 11%: Here's What Analysts Think Will Happen Next

Aug 18
Changchun High-Tech Industry (Group) Co., Ltd. Just Missed Revenue By 11%: Here's What Analysts Think Will Happen Next

Improved Earnings Required Before Changchun High-Tech Industry (Group) Co., Ltd. (SZSE:000661) Shares Find Their Feet

Aug 15
Improved Earnings Required Before Changchun High-Tech Industry (Group) Co., Ltd. (SZSE:000661) Shares Find Their Feet

Changchun High-Tech Industry (Group) (SZSE:000661) Seems To Use Debt Rather Sparingly

Jun 12
Changchun High-Tech Industry (Group) (SZSE:000661) Seems To Use Debt Rather Sparingly

Changchun High-Tech Industry (Group) Co., Ltd. (SZSE:000661) Just Released Its First-Quarter Earnings: Here's What Analysts Think

Apr 23
Changchun High-Tech Industry (Group) Co., Ltd. (SZSE:000661) Just Released Its First-Quarter Earnings: Here's What Analysts Think

Benign Growth For Changchun High-Tech Industries (Group) Inc. (SZSE:000661) Underpins Its Share Price

Apr 12
Benign Growth For Changchun High-Tech Industries (Group) Inc. (SZSE:000661) Underpins Its Share Price

Earnings Miss: Changchun High-Tech Industries (Group) Inc. Missed EPS By 6.6% And Analysts Are Revising Their Forecasts

Mar 22
Earnings Miss: Changchun High-Tech Industries (Group) Inc. Missed EPS By 6.6% And Analysts Are Revising Their Forecasts

Revenue & Expenses Breakdown

How Changchun High-Tech Industry (Group) makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:000661 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2414,2723,7095,5461,966
30 Jun 2415,0374,0925,3231,907
31 Mar 2414,9664,5345,0951,810
31 Dec 2314,5664,5324,9721,723
30 Sep 2313,6634,2884,7391,593
30 Jun 2312,9644,1814,6681,461
31 Mar 2312,4303,8594,5621,459
01 Jan 2312,6274,1414,6451,358
30 Sep 2212,1544,0754,4651,248
30 Jun 2211,6153,9544,2511,133
31 Mar 2211,4404,0213,999983
01 Jan 2210,7473,7573,707885
30 Sep 2110,4163,9343,355728
30 Jun 219,6233,6603,191639
31 Mar 219,1973,3793,165562
31 Dec 208,5773,0473,066475
30 Sep 208,3292,7953,082413
30 Jun 207,8992,3583,093363
31 Mar 207,2601,9523,004304
31 Dec 197,3741,7752,977370
30 Sep 196,6791,4082,907339
30 Jun 196,0171,1852,653329
31 Mar 196,1181,1612,669359
31 Dec 185,3751,0062,459328
30 Sep 185,5941,0142,317372
30 Jun 185,2519262,113483
31 Mar 184,3937281,959373
31 Dec 174,1026621,862289
30 Sep 173,3535921,705178
30 Jun 173,2225541,6870
31 Mar 172,9955061,5340
31 Dec 162,8974851,4110
30 Sep 162,8774671,3480
30 Jun 162,6034231,2720
31 Mar 162,5264111,2110
31 Dec 152,4023841,1590
30 Sep 152,6234461,1160
30 Jun 152,4603881,1010
31 Mar 152,3363491,0840
31 Dec 142,2623181,1010
30 Sep 141,9212501,0310
30 Jun 141,9602401,0100
31 Mar 142,0052799910
31 Dec 132,0492841,0150

Quality Earnings: 000661 has high quality earnings.

Growing Profit Margin: 000661's current net profit margins (26%) are lower than last year (31.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 000661's earnings have grown by 14.6% per year over the past 5 years.

Accelerating Growth: 000661's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 000661 had negative earnings growth (-13.5%) over the past year, making it difficult to compare to the Pharmaceuticals industry average (-2.5%).


Return on Equity

High ROE: 000661's Return on Equity (15%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 00:12
End of Day Share Price 2024/12/20 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

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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

Changchun High-Tech Industry (Group) Co., Ltd. is covered by 17 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Shuchang LiuChangjiang Securities Co. LTD.
Pei ChengChina Galaxy Securities Co., Ltd.
Peng ZouChina International Capital Corporation Limited