Ningbo Zhongbai Past Earnings Performance
Past criteria checks 1/6
Ningbo Zhongbai has been growing earnings at an average annual rate of 35%, while the Multiline Retail industry saw earnings declining at 11.1% annually. Revenues have been growing at an average rate of 4.6% per year. Ningbo Zhongbai's return on equity is 4.8%, and it has net margins of 3.5%.
Key information
35.0%
Earnings growth rate
35.2%
EPS growth rate
| Multiline Retail Industry Growth | -6.7% |
| Revenue growth rate | 4.6% |
| Return on equity | 4.8% |
| Net Margin | 3.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Ningbo Zhongbai makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 1,173 | 41 | 41 | 0 |
| 31 Dec 23 | 1,190 | 61 | 46 | 0 |
| 30 Sep 23 | 1,234 | 73 | 47 | 0 |
| 30 Jun 23 | 1,247 | 94 | 48 | 0 |
| 31 Mar 23 | 1,025 | 369 | 45 | 0 |
| 31 Dec 22 | 907 | 362 | 42 | 0 |
| 30 Sep 22 | 827 | 364 | 43 | 0 |
| 30 Jun 22 | 783 | 380 | 43 | 0 |
| 31 Mar 22 | 788 | 36 | 45 | 0 |
| 31 Dec 21 | 834 | 36 | 46 | 0 |
| 30 Sep 21 | 830 | 36 | 49 | 0 |
| 30 Jun 21 | 836 | 35 | 50 | 0 |
| 31 Mar 21 | 863 | 38 | 47 | 0 |
| 31 Dec 20 | 737 | 23 | 47 | 0 |
| 30 Sep 20 | 853 | 17 | 63 | 0 |
| 30 Jun 20 | 879 | 23 | 69 | 0 |
| 31 Mar 20 | 843 | 22 | 76 | 0 |
| 31 Dec 19 | 1,010 | 41 | 84 | 0 |
| 30 Sep 19 | 981 | 47 | 79 | 0 |
| 30 Jun 19 | 997 | 45 | 80 | 0 |
| 31 Mar 19 | 993 | 37 | 82 | 0 |
| 31 Dec 18 | 998 | 37 | 84 | 0 |
| 30 Sep 18 | 1,013 | -454 | 82 | 0 |
| 30 Jun 18 | 1,000 | -452 | 81 | 0 |
| 31 Mar 18 | 989 | -456 | 80 | 0 |
| 31 Dec 17 | 978 | -457 | 80 | 0 |
| 30 Sep 17 | 963 | 38 | 80 | 0 |
| 30 Jun 17 | 913 | 37 | 80 | 0 |
| 31 Mar 17 | 900 | 40 | 78 | 0 |
| 31 Dec 16 | 906 | 42 | 78 | 0 |
| 30 Sep 16 | 890 | 39 | 78 | 0 |
| 30 Jun 16 | 961 | 37 | 80 | 0 |
| 31 Mar 16 | 1,015 | 45 | 82 | 0 |
| 31 Dec 15 | 1,078 | 43 | 84 | 0 |
| 30 Sep 15 | 1,136 | 43 | 86 | 0 |
| 30 Jun 15 | 1,154 | 46 | 86 | 0 |
| 31 Mar 15 | 1,146 | 42 | 85 | 0 |
| 31 Dec 14 | 1,180 | 41 | 87 | 0 |
| 30 Sep 14 | 1,196 | 42 | 86 | 0 |
| 30 Jun 14 | 1,243 | 45 | 94 | 0 |
| 31 Mar 14 | 1,454 | 35 | 95 | 0 |
| 31 Dec 13 | 1,476 | 36 | 95 | 0 |
| 30 Sep 13 | 1,456 | 38 | 94 | 0 |
| 30 Jun 13 | 1,421 | 37 | 88 | 0 |
Quality Earnings: 600857 has a large one-off loss of CN¥106.2M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 600857's current net profit margins (3.5%) are lower than last year (36%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600857's earnings have grown significantly by 35% per year over the past 5 years.
Accelerating Growth: 600857's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 600857 had negative earnings growth (-88.9%) over the past year, making it difficult to compare to the Multiline Retail industry average (10.1%).
Return on Equity
High ROE: 600857's Return on Equity (4.8%) is considered low.