Chengdu Spaceon Electronics Co., Ltd.

SZSE:002935 Stock Report

Market Cap: CN¥7.4b

Chengdu Spaceon Electronics Past Earnings Performance

Past criteria checks 1/6

Chengduceon Electronics's earnings have been declining at an average annual rate of -4.3%, while the Communications industry saw earnings growing at 11.8% annually. Revenues have been growing at an average rate of 6.8% per year. Chengduceon Electronics's return on equity is 5.2%, and it has net margins of 7.6%.

Key information

-4.3%

Earnings growth rate

-4.4%

EPS growth rate

Communications Industry Growth12.8%
Revenue growth rate6.8%
Return on equity5.2%
Net Margin7.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Earnings Troubles May Signal Larger Issues for Chengdu Spaceon Electronics (SZSE:002935) Shareholders

May 02
Earnings Troubles May Signal Larger Issues for Chengdu Spaceon Electronics (SZSE:002935) Shareholders

Recent updates

Subdued Growth No Barrier To Chengdu Spaceon Electronics Co., Ltd. (SZSE:002935) With Shares Advancing 37%

Oct 09
Subdued Growth No Barrier To Chengdu Spaceon Electronics Co., Ltd. (SZSE:002935) With Shares Advancing 37%

Chengdu Spaceon Electronics (SZSE:002935) Is Reinvesting At Lower Rates Of Return

Oct 07
Chengdu Spaceon Electronics (SZSE:002935) Is Reinvesting At Lower Rates Of Return

Chengdu Spaceon Electronics' (SZSE:002935) Dividend Will Be Reduced To CN¥0.08

Jun 16
Chengdu Spaceon Electronics' (SZSE:002935) Dividend Will Be Reduced To CN¥0.08

Why Investors Shouldn't Be Surprised By Chengdu Spaceon Electronics Co., Ltd.'s (SZSE:002935) P/E

Jun 07
Why Investors Shouldn't Be Surprised By Chengdu Spaceon Electronics Co., Ltd.'s (SZSE:002935) P/E

Earnings Troubles May Signal Larger Issues for Chengdu Spaceon Electronics (SZSE:002935) Shareholders

May 02
Earnings Troubles May Signal Larger Issues for Chengdu Spaceon Electronics (SZSE:002935) Shareholders

Chengdu Spaceon Electronics (SZSE:002935) May Have Issues Allocating Its Capital

Apr 17
Chengdu Spaceon Electronics (SZSE:002935) May Have Issues Allocating Its Capital

Revenue & Expenses Breakdown

How Chengdu Spaceon Electronics makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:002935 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,0438014366
30 Jun 241,0718513871
31 Mar 241,0918914371
31 Dec 231,1098714471
30 Sep 231,2979216486
30 Jun 231,2389615088
31 Mar 231,26511413991
31 Dec 221,21111213091
30 Sep 221,05011611279
30 Jun 221,06711911476
31 Mar 221,04911610584
01 Jan 221,0431189985
30 Sep 211,03411510482
30 Jun 219951119981
31 Mar 219461069680
31 Dec 209161019581
30 Sep 208641109474
30 Jun 208241079172
31 Mar 208621139575
31 Dec 1986711110071
30 Sep 198759910279
30 Jun 198719910375
31 Mar 19872999970
31 Dec 188649710466
30 Sep 188589610367
30 Jun 18856957582
31 Mar 18709649160
31 Dec 17820939359
31 Dec 16761841620
31 Dec 15703841480
31 Dec 14619691090
31 Dec 1350664860

Quality Earnings: 002935 has a high level of non-cash earnings.

Growing Profit Margin: 002935's current net profit margins (7.6%) are higher than last year (7.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 002935's earnings have declined by 4.3% per year over the past 5 years.

Accelerating Growth: 002935's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 002935 had negative earnings growth (-13.1%) over the past year, making it difficult to compare to the Communications industry average (-3%).


Return on Equity

High ROE: 002935's Return on Equity (5.2%) 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 Analysis2024/12/20 14:02
End of Day Share Price 2024/12/20 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

Chengdu Spaceon Electronics Co., Ltd. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Cong LiHuatai Research
Kang ShiIndustrial Securities Co. Ltd.
Lujing LiTianfeng Securities Brokerage Co., Ltd