Fujian Torch Electron Technology Co., Ltd.

SHSE:603678 Stock Report

Market Cap: CN¥13.2b

Fujian Torch Electron Technology Past Earnings Performance

Past criteria checks 0/6

Fujian Torch Electron Technology's earnings have been declining at an average annual rate of -5.4%, while the Electronic industry saw earnings growing at 3.9% annually. Revenues have been growing at an average rate of 1.9% per year. Fujian Torch Electron Technology's return on equity is 4.2%, and it has net margins of 8.6%.

Key information

-5.4%

Earnings growth rate

-5.5%

EPS growth rate

Electronic Industry Growth10.9%
Revenue growth rate1.9%
Return on equity4.2%
Net Margin8.6%
Next Earnings Update22 Mar 2025

Recent past performance updates

Fujian Torch Electron Technology's (SHSE:603678) Weak Earnings May Only Reveal A Part Of The Whole Picture

Nov 04
Fujian Torch Electron Technology's (SHSE:603678) Weak Earnings May Only Reveal A Part Of The Whole Picture

Recent updates

Some Investors May Be Worried About Fujian Torch Electron Technology's (SHSE:603678) Returns On Capital

Nov 29
Some Investors May Be Worried About Fujian Torch Electron Technology's (SHSE:603678) Returns On Capital

Fujian Torch Electron Technology's (SHSE:603678) Weak Earnings May Only Reveal A Part Of The Whole Picture

Nov 04
Fujian Torch Electron Technology's (SHSE:603678) Weak Earnings May Only Reveal A Part Of The Whole Picture

Market Participants Recognise Fujian Torch Electron Technology Co., Ltd.'s (SHSE:603678) Earnings Pushing Shares 32% Higher

Oct 14
Market Participants Recognise Fujian Torch Electron Technology Co., Ltd.'s (SHSE:603678) Earnings Pushing Shares 32% Higher

Fujian Torch Electron Technology Co., Ltd.'s (SHSE:603678) Price In Tune With Earnings

Aug 09
Fujian Torch Electron Technology Co., Ltd.'s (SHSE:603678) Price In Tune With Earnings

Fujian Torch Electron Technology's (SHSE:603678) Returns On Capital Not Reflecting Well On The Business

Jul 23
Fujian Torch Electron Technology's (SHSE:603678) Returns On Capital Not Reflecting Well On The Business

After Leaping 25% Fujian Torch Electron Technology Co., Ltd. (SHSE:603678) Shares Are Not Flying Under The Radar

May 09
After Leaping 25% Fujian Torch Electron Technology Co., Ltd. (SHSE:603678) Shares Are Not Flying Under The Radar

Returns On Capital Signal Tricky Times Ahead For Fujian Torch Electron Technology (SHSE:603678)

Apr 17
Returns On Capital Signal Tricky Times Ahead For Fujian Torch Electron Technology (SHSE:603678)

Fujian Torch Electron Technology's (SHSE:603678) Soft Earnings Don't Show The Whole Picture

Mar 25
Fujian Torch Electron Technology's (SHSE:603678) Soft Earnings Don't Show The Whole Picture

Further Upside For Fujian Torch Electron Technology Co., Ltd. (SHSE:603678) Shares Could Introduce Price Risks After 27% Bounce

Mar 06
Further Upside For Fujian Torch Electron Technology Co., Ltd. (SHSE:603678) Shares Could Introduce Price Risks After 27% Bounce

Revenue & Expenses Breakdown

How Fujian Torch Electron Technology makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SHSE:603678 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,941252470125
30 Jun 243,353229478138
31 Mar 243,514266484147
31 Dec 233,504318473145
30 Sep 233,436376461128
30 Jun 233,176559435118
31 Mar 233,357734401109
31 Dec 223,559801391107
30 Sep 223,974892391113
30 Jun 224,283902361114
31 Mar 224,424892346113
31 Dec 214,734956338108
30 Sep 214,77996633396
30 Jun 214,56988632787
31 Mar 214,20579930675
31 Dec 203,65660928468
30 Sep 203,31751627267
30 Jun 203,00844326760
31 Mar 202,71037827958
31 Dec 192,56938128656
30 Sep 192,30937228115
30 Jun 192,14437126121
31 Mar 192,11335024828
31 Dec 182,02433323536
30 Sep 182,00832421571
30 Jun 181,99129618969
31 Mar 181,94725618351
31 Dec 171,88823718336
30 Sep 171,71321316016
30 Jun 171,6522241700
31 Mar 171,5471971560
31 Dec 161,5031931490
30 Sep 161,3931881330
30 Jun 161,2491661260
31 Mar 161,1481631190
31 Dec 151,0841541120
30 Sep 151,0181431010
30 Jun 159641391000
31 Mar 15907140940
31 Dec 14891137900
30 Sep 14908149840

Quality Earnings: 603678 has a large one-off gain of CN¥46.0M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 603678's current net profit margins (8.6%) are lower than last year (10.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 603678's earnings have declined by 5.4% per year over the past 5 years.

Accelerating Growth: 603678's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 603678 had negative earnings growth (-32.8%) over the past year, making it difficult to compare to the Electronic industry average (1.9%).

Return on Equity

High ROE: 603678's Return on Equity (4.2%) 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 Analysis2025/01/02 06:15
End of Day Share Price 2025/01/02 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

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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

Fujian Torch Electron Technology Co., Ltd. is covered by 7 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
Cheng ZhangChangjiang Securities Co. LTD.
Fusheng CheungChina Galaxy International Securities (Hong Kong)
Chenshuo FuCitic Securities Co., Ltd.