Haining China Leather Market Co.,Ltd

XSEC:002344 Stock Report

Market Cap: CN¥5.5b

Haining China Leather MarketLtd Past Earnings Performance

Past criteria checks 1/6

Haining China Leather MarketLtd's earnings have been declining at an average annual rate of -11.5%, while the Real Estate industry saw earnings declining at 10.6% annually. Revenues have been declining at an average rate of 3.4% per year. Haining China Leather MarketLtd's return on equity is 1.8%, and it has net margins of 9.6%.

Key information

-11.5%

Earnings growth rate

-11.0%

EPS growth rate

Real Estate Industry Growth-5.2%
Revenue growth rate-3.4%
Return on equity1.8%
Net Margin9.6%
Next Earnings Update10 Apr 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Haining China Leather MarketLtd makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

XSEC:002344 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,20011524713
30 Jun 241,19212723814
31 Mar 241,22311423114
31 Dec 231,26917722314
30 Sep 231,31018816815
30 Jun 231,34319514614
31 Mar 231,32425016014
01 Jan 231,35927017313
30 Sep 221,34429724013
30 Jun 221,37530226513
31 Mar 221,49437425213
31 Dec 211,45032824113
30 Sep 211,39328624613
30 Jun 211,30125823811
31 Mar 211,4512372429
31 Dec 201,4182062468
30 Sep 201,33920817610
30 Jun 201,4002342169
31 Mar 201,3242502299
31 Dec 191,4002822477
30 Sep 191,6233522641
30 Jun 191,6713812751
31 Mar 191,6423892440
31 Dec 181,7034072680
30 Sep 181,7153283250
30 Jun 181,7423112900
31 Mar 181,8553143220
31 Dec 171,8362873210
30 Sep 171,9213213390
30 Jun 172,0223783380
31 Mar 172,1334983300
31 Dec 162,1835533200
30 Sep 161,7203753190
30 Jun 161,6934203180
31 Mar 161,8355253030
31 Dec 151,8515493050
30 Sep 152,1788092720
30 Jun 152,2438522680
31 Mar 152,3198312780
31 Dec 142,4399362460
30 Sep 142,6111,0401890
30 Jun 142,6561,0511880
31 Mar 142,9091,1141860

Quality Earnings: 002344 has high quality earnings.

Growing Profit Margin: 002344's current net profit margins (9.6%) are lower than last year (14.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 002344's earnings have declined by 11.5% per year over the past 5 years.

Accelerating Growth: 002344's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 002344 had negative earnings growth (-38.5%) over the past year, making it difficult to compare to the Real Estate industry average (-38.4%).

Return on Equity

High ROE: 002344's Return on Equity (1.8%) 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 Analysis2025/01/03 02:38
End of Day Share Price 2025/01/03 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

Haining China Leather Market Co.,Ltd is covered by 13 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lan TongChangjiang Securities Co. LTD.
You You LiuChina Stock Investment Research Co. Ltd. (GZ500..com)
Ya JiangCitic Securities Co., Ltd.