Ningbo Water Meter (Group) Co.,Ltd.

SHSE:603700 Stock Report

Market Cap: CN¥2.0b

Ningbo Water Meter (Group)Ltd Past Earnings Performance

Past criteria checks 0/6

Ningbo Water Meter (Group)Ltd's earnings have been declining at an average annual rate of -16.8%, while the Electronic industry saw earnings growing at 3.9% annually. Revenues have been growing at an average rate of 3.8% per year. Ningbo Water Meter (Group)Ltd's return on equity is 5.3%, and it has net margins of 5.5%.

Key information

-16.8%

Earnings growth rate

-16.7%

EPS growth rate

Electronic Industry Growth10.9%
Revenue growth rate3.8%
Return on equity5.3%
Net Margin5.5%
Last Earnings Update30 Sep 2024

Recent past performance updates

Ningbo Water Meter (Group)'s (SHSE:603700) Solid Earnings May Rest On Weak Foundations

May 03
Ningbo Water Meter (Group)'s (SHSE:603700) Solid Earnings May Rest On Weak Foundations

Recent updates

The Returns On Capital At Ningbo Water Meter (Group)Ltd (SHSE:603700) Don't Inspire Confidence

Aug 30
The Returns On Capital At Ningbo Water Meter (Group)Ltd (SHSE:603700) Don't Inspire Confidence

Ningbo Water Meter (Group)'s (SHSE:603700) Solid Earnings May Rest On Weak Foundations

May 03
Ningbo Water Meter (Group)'s (SHSE:603700) Solid Earnings May Rest On Weak Foundations

Ningbo Water Meter (Group) Co., LTD. (SHSE:603700) Looks Inexpensive But Perhaps Not Attractive Enough

Feb 28
Ningbo Water Meter (Group) Co., LTD. (SHSE:603700) Looks Inexpensive But Perhaps Not Attractive Enough

Revenue & Expenses Breakdown

How Ningbo Water Meter (Group)Ltd makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SHSE:603700 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,5448527170
30 Jun 241,61811032868
31 Mar 241,72813332571
31 Dec 231,78913132470
30 Sep 231,76614427164
30 Jun 231,69613726259
31 Mar 231,62313129357
31 Dec 221,55512628460
30 Sep 221,58913527063
30 Jun 221,64715926464
31 Mar 221,67919925166
31 Dec 211,71723524363
30 Sep 211,70425522663
30 Jun 211,67427323263
31 Mar 211,63628222362
31 Dec 201,59027322157
30 Sep 201,52026125155
30 Jun 201,47325023351
31 Mar 201,37222024144
31 Dec 191,37121223942
30 Sep 191,21916921738
30 Jun 191,14715719234
31 Mar 191,07514217932
31 Dec 181,02913716432
30 Sep 1896113514028
30 Jun 1887912912927
31 Mar 1881811511724
31 Dec 1781412112123
30 Jun 1774811812010
31 Mar 177821251295
31 Dec 168171311360
30 Sep 168181251300
30 Jun 168101201230
31 Mar 167721081190
31 Dec 15735951140
31 Dec 1479886960

Quality Earnings: 603700 has a large one-off gain of CN¥21.3M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 603700's current net profit margins (5.5%) are lower than last year (8.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 603700's earnings have declined by 16.8% per year over the past 5 years.

Accelerating Growth: 603700's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 603700 had negative earnings growth (-41.1%) over the past year, making it difficult to compare to the Electronic industry average (1.6%).


Return on Equity

High ROE: 603700's Return on Equity (5.3%) is considered low.


Return on Assets


Return on Capital Employed


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