New DaZheng Property Group Co., LTD

SZSE:002968 Stock Report

Market Cap: CN¥2.2b

New DaZheng Property Group Past Earnings Performance

Past criteria checks 2/6

New DaZheng Property Group has been growing earnings at an average annual rate of 8.4%, while the Real Estate industry saw earnings declining at 10.6% annually. Revenues have been growing at an average rate of 25.1% per year. New DaZheng Property Group's return on equity is 12.1%, and it has net margins of 4.1%.

Key information

8.4%

Earnings growth rate

5.0%

EPS growth rate

Real Estate Industry Growth-5.2%
Revenue growth rate25.1%
Return on equity12.1%
Net Margin4.1%
Last Earnings Update30 Sep 2024

Recent past performance updates

New DaZheng Property Group's (SZSE:002968) Problems Go Beyond Weak Profit

Aug 23
New DaZheng Property Group's (SZSE:002968) Problems Go Beyond Weak Profit

Recent updates

There's No Escaping New DaZheng Property Group Co., LTD's (SZSE:002968) Muted Earnings Despite A 25% Share Price Rise

Sep 26
There's No Escaping New DaZheng Property Group Co., LTD's (SZSE:002968) Muted Earnings Despite A 25% Share Price Rise

New DaZheng Property Group's (SZSE:002968) Problems Go Beyond Weak Profit

Aug 23
New DaZheng Property Group's (SZSE:002968) Problems Go Beyond Weak Profit

New DaZheng Property Group Co., LTD (SZSE:002968) Shares Fly 38% But Investors Aren't Buying For Growth

May 21
New DaZheng Property Group Co., LTD (SZSE:002968) Shares Fly 38% But Investors Aren't Buying For Growth

New DaZheng Property Group Co., LTD (SZSE:002968) Stock Catapults 25% Though Its Price And Business Still Lag The Market

Mar 18
New DaZheng Property Group Co., LTD (SZSE:002968) Stock Catapults 25% Though Its Price And Business Still Lag The Market

Revenue & Expenses Breakdown

How New DaZheng Property Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:002968 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 243,4111412410
30 Jun 243,3771562310
31 Mar 243,2691522270
31 Dec 233,1271602240
30 Sep 232,9771642260
30 Jun 232,8231792240
31 Mar 232,7121902150
31 Dec 222,5981862150
30 Sep 222,5591972350
30 Jun 222,4421852230
31 Mar 222,2731732210
01 Jan 222,0881662050
30 Sep 211,8691591800
30 Jun 211,6471521770
31 Mar 211,4691421610
31 Dec 201,3181311470
30 Sep 201,1941171280
30 Jun 201,1321111140
31 Mar 201,0891061090
31 Dec 191,0551041030
30 Sep 19988105980
31 Dec 1888688830
31 Dec 1776871770
31 Dec 1662261650
31 Dec 1552550450

Quality Earnings: 002968 has high quality earnings.

Growing Profit Margin: 002968's current net profit margins (4.1%) are lower than last year (5.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 002968's earnings have grown by 8.4% per year over the past 5 years.

Accelerating Growth: 002968's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 002968 had negative earnings growth (-14.1%) over the past year, making it difficult to compare to the Real Estate industry average (-38.4%).


Return on Equity

High ROE: 002968's Return on Equity (12.1%) 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 Analysis2024/12/28 20:57
End of Day Share Price 2024/12/27 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

New DaZheng Property Group Co., LTD is covered by 13 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yu ZhangChina International Capital Corporation Limited
Pu WangChina International Capital Corporation Limited
Jian ChengChina International Capital Corporation Limited