Hainan Drinda New Energy Technology Co., Ltd.

SZSE:002865 Stock Report

Market Cap: CN¥12.7b

Hainan Drinda New Energy Technology Past Earnings Performance

Past criteria checks 0/6

Hainan Drinda New Energy Technology has been growing earnings at an average annual rate of 23.4%, while the Semiconductor industry saw earnings growing at 14.2% annually. Revenues have been growing at an average rate of 55.7% per year.

Key information

23.4%

Earnings growth rate

24.8%

EPS growth rate

Semiconductor Industry Growth27.3%
Revenue growth rate55.7%
Return on equity-30.7%
Net Margin-9.9%
Last Earnings Update30 Sep 2024

Recent past performance updates

Hainan Drinda New Energy Technology's (SZSE:002865) Sluggish Earnings Might Be Just The Beginning Of Its Problems

May 06
Hainan Drinda New Energy Technology's (SZSE:002865) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Recent updates

Is Hainan Drinda New Energy Technology (SZSE:002865) Using Too Much Debt?

Dec 02
Is Hainan Drinda New Energy Technology (SZSE:002865) Using Too Much Debt?

There's No Escaping Hainan Drinda New Energy Technology Co., Ltd.'s (SZSE:002865) Muted Revenues Despite A 25% Share Price Rise

Sep 27
There's No Escaping Hainan Drinda New Energy Technology Co., Ltd.'s (SZSE:002865) Muted Revenues Despite A 25% Share Price Rise

We Think Hainan Drinda New Energy Technology (SZSE:002865) Is Taking Some Risk With Its Debt

Aug 28
We Think Hainan Drinda New Energy Technology (SZSE:002865) Is Taking Some Risk With Its Debt

Hainan Drinda New Energy Technology Co., Ltd. (SZSE:002865) Stock's 28% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Jun 25
Hainan Drinda New Energy Technology Co., Ltd. (SZSE:002865) Stock's 28% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Here's Why Hainan Drinda New Energy Technology (SZSE:002865) Has A Meaningful Debt Burden

May 23
Here's Why Hainan Drinda New Energy Technology (SZSE:002865) Has A Meaningful Debt Burden

Hainan Drinda New Energy Technology's (SZSE:002865) Sluggish Earnings Might Be Just The Beginning Of Its Problems

May 06
Hainan Drinda New Energy Technology's (SZSE:002865) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Hainan Drinda New Energy Technology (SZSE:002865) Will Pay A Larger Dividend Than Last Year At CN¥0.7462

Apr 24
Hainan Drinda New Energy Technology (SZSE:002865) Will Pay A Larger Dividend Than Last Year At CN¥0.7462

Hainan Drinda New Energy Technology Co., Ltd. (SZSE:002865) Might Not Be As Mispriced As It Looks After Plunging 26%

Apr 10
Hainan Drinda New Energy Technology Co., Ltd. (SZSE:002865) Might Not Be As Mispriced As It Looks After Plunging 26%

Time To Worry? Analysts Are Downgrading Their Hainan Drinda New Energy Technology Co., Ltd. (SZSE:002865) Outlook

Mar 22
Time To Worry? Analysts Are Downgrading Their Hainan Drinda New Energy Technology Co., Ltd. (SZSE:002865) Outlook

Hainan Drinda New Energy Technology Co., Ltd.'s (SZSE:002865) Intrinsic Value Is Potentially 46% Above Its Share Price

Feb 29
Hainan Drinda New Energy Technology Co., Ltd.'s (SZSE:002865) Intrinsic Value Is Potentially 46% Above Its Share Price

Revenue & Expenses Breakdown

How Hainan Drinda New Energy Technology makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:002865 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2412,479-1,239438240
30 Jun 2415,610-306446267
31 Mar 2418,404481509292
31 Dec 2318,657816476304
30 Sep 2318,5471,945331289
30 Jun 2316,5901,400243272
31 Mar 2313,5261,049166261
01 Jan 2311,595717170249
30 Sep 229,462312160269
30 Jun 226,695129139220
31 Mar 224,601-161173178
31 Dec 212,863-179153123
30 Sep 211,121-7412771
30 Jun 211,145-2515268
31 Mar 211,0473611856
31 Dec 208581410653
30 Sep 208845313648
30 Jun 208296512545
31 Mar 207893111848
01 Jan 208271712948
30 Sep 19688-2611244
30 Jun 19743-2812137
31 Mar 19776-511736
31 Dec 189024213037
30 Sep 181,1206812439
30 Jun 181,1257111559
31 Mar 181,1606914351
31 Dec 171,1536714242
30 Sep 171,0345815625
30 Jun 171,003571690
31 Mar 17976581570
31 Dec 16922561460
31 Dec 15766461160
31 Dec 14823561130
31 Dec 1372254960

Quality Earnings: 002865 is currently unprofitable.

Growing Profit Margin: 002865 is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 002865 is unprofitable, but has reduced losses over the past 5 years at a rate of 23.4% per year.

Accelerating Growth: Unable to compare 002865's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 002865 is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (12.9%).


Return on Equity

High ROE: 002865 has a negative Return on Equity (-30.72%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 00:29
End of Day Share Price 2024/12/25 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

Hainan Drinda New Energy Technology Co., Ltd. is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zhongshu YinEverbright Securities Co. Ltd.
Weiqi WangGuosen Securities Co., Ltd.
Shuai WangIndustrial Securities Co. Ltd.