Zhejiang Shuangyuan Technology Co., Ltd.

SHSE:688623 Stock Report

Market Cap: CN¥3.3b

Zhejiang Shuangyuan Technology Past Earnings Performance

Past criteria checks 0/6

Zhejiang Shuangyuan Technology's earnings have been declining at an average annual rate of -28.4%, while the Electronic industry saw earnings growing at 3.9% annually. Revenues have been declining at an average rate of 19.4% per year. Zhejiang Shuangyuan Technology's return on equity is 4.5%, and it has net margins of 26.4%.

Key information

-28.4%

Earnings growth rate

-42.0%

EPS growth rate

Electronic Industry Growth10.9%
Revenue growth rate-19.4%
Return on equity4.5%
Net Margin26.4%
Last Earnings Update30 Sep 2024

Recent past performance updates

Weak Statutory Earnings May Not Tell The Whole Story For Zhejiang Shuangyuan Technology (SHSE:688623)

Nov 07
Weak Statutory Earnings May Not Tell The Whole Story For Zhejiang Shuangyuan Technology (SHSE:688623)

Solid Earnings May Not Tell The Whole Story For Zhejiang Shuangyuan Technology (SHSE:688623)

May 06
Solid Earnings May Not Tell The Whole Story For Zhejiang Shuangyuan Technology (SHSE:688623)

Recent updates

Weak Statutory Earnings May Not Tell The Whole Story For Zhejiang Shuangyuan Technology (SHSE:688623)

Nov 07
Weak Statutory Earnings May Not Tell The Whole Story For Zhejiang Shuangyuan Technology (SHSE:688623)

Capital Allocation Trends At Zhejiang Shuangyuan Technology (SHSE:688623) Aren't Ideal

Sep 28
Capital Allocation Trends At Zhejiang Shuangyuan Technology (SHSE:688623) Aren't Ideal

Solid Earnings May Not Tell The Whole Story For Zhejiang Shuangyuan Technology (SHSE:688623)

May 06
Solid Earnings May Not Tell The Whole Story For Zhejiang Shuangyuan Technology (SHSE:688623)

Revenue & Expenses Breakdown

How Zhejiang Shuangyuan Technology makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SHSE:688623 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24362967542
30 Jun 243791246939
31 Mar 244111326835
31 Dec 234291336332
30 Sep 234491346226
30 Jun 234241235625
31 Mar 234151125026
31 Dec 22372964726

Quality Earnings: 688623 has a high level of non-cash earnings.

Growing Profit Margin: 688623's current net profit margins (26.4%) are lower than last year (29.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if 688623's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare 688623's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.

Earnings vs Industry: 688623 had negative earnings growth (-28.4%) over the past year, making it difficult to compare to the Electronic industry average (1.9%).


Return on Equity

High ROE: 688623's Return on Equity (4.5%) 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 Analysis2024/12/24 07:43
End of Day Share Price 2024/12/24 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

Zhejiang Shuangyuan Technology Co., Ltd. is covered by 0 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