Qijing Machinery Co., Ltd.

SHSE:603677 Stock Report

Market Cap: CN¥2.8b

Qijing Machinery Past Earnings Performance

Past criteria checks 1/6

Qijing Machinery's earnings have been declining at an average annual rate of -2.2%, while the Electronic industry saw earnings growing at 4% annually. Revenues have been growing at an average rate of 3.2% per year. Qijing Machinery's return on equity is 4.9%, and it has net margins of 3%.

Key information

-2.2%

Earnings growth rate

-2.4%

EPS growth rate

Electronic Industry Growth10.9%
Revenue growth rate3.2%
Return on equity4.9%
Net Margin3.0%
Next Earnings Update22 Mar 2025

Recent past performance updates

Qijing Machinery's (SHSE:603677) Profits Appear To Have Quality Issues

Aug 27
Qijing Machinery's (SHSE:603677) Profits Appear To Have Quality Issues

Recent updates

What Qijing Machinery Co., Ltd.'s (SHSE:603677) 28% Share Price Gain Is Not Telling You

Oct 28
What Qijing Machinery Co., Ltd.'s (SHSE:603677) 28% Share Price Gain Is Not Telling You

Qijing Machinery (SHSE:603677) Has Some Difficulty Using Its Capital Effectively

Oct 01
Qijing Machinery (SHSE:603677) Has Some Difficulty Using Its Capital Effectively

Qijing Machinery's (SHSE:603677) Profits Appear To Have Quality Issues

Aug 27
Qijing Machinery's (SHSE:603677) Profits Appear To Have Quality Issues

Some Confidence Is Lacking In Qijing Machinery Co., Ltd.'s (SHSE:603677) P/E

Feb 27
Some Confidence Is Lacking In Qijing Machinery Co., Ltd.'s (SHSE:603677) P/E

Revenue & Expenses Breakdown

How Qijing Machinery makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SHSE:603677 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,9555811059
30 Jun 241,9056810756
31 Mar 241,8327610755
31 Dec 231,7726910561
30 Sep 231,753709769
30 Jun 231,751689873
31 Mar 231,762598973
31 Dec 221,804649167
30 Sep 221,887718565
30 Jun 221,910788562
31 Mar 221,959908762
31 Dec 212,005898869
30 Sep 211,938817273
30 Jun 211,911757466
31 Mar 211,759657357
31 Dec 201,559566350
30 Sep 201,576728344
30 Jun 201,522707947
31 Mar 201,588698449
31 Dec 191,666769049
30 Sep 191,583818142
30 Jun 191,524768443
31 Mar 191,458788246
31 Dec 181,381788448
30 Sep 181,343828656
30 Jun 181,307916374
31 Mar 181,3021007461
31 Dec 171,2921008149
30 Sep 171,237979233
30 Jun 171,196931150
31 Mar 171,143901040
31 Dec 161,118881030
30 Sep 161,157801050
31 Dec 151,26077990
31 Dec 141,21962850

Quality Earnings: 603677 has high quality earnings.

Growing Profit Margin: 603677's current net profit margins (3%) are lower than last year (4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 603677's earnings have declined by 2.2% per year over the past 5 years.

Accelerating Growth: 603677's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 603677 had negative earnings growth (-17.3%) over the past year, making it difficult to compare to the Electronic industry average (3%).


Return on Equity

High ROE: 603677's Return on Equity (4.9%) 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 Analysis2025/02/07 21:39
End of Day Share Price 2025/02/07 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.

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 Github.

Analyst Sources

Qijing Machinery Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Shang Wen ChengIndustrial Securities Co. Ltd.