Shanghai Ace Investment&DevelopmentLtd Past Earnings Performance
Past criteria checks 1/6
Shanghai Ace Investment&DevelopmentLtd has been growing earnings at an average annual rate of 23.7%, while the Logistics industry saw earnings growing at 11.8% annually. Revenues have been growing at an average rate of 11.4% per year. Shanghai Ace Investment&DevelopmentLtd's return on equity is 1.4%, and it has net margins of 0.9%.
Key information
23.7%
Earnings growth rate
23.1%
EPS growth rate
| Logistics Industry Growth | 13.7% |
| Revenue growth rate | 11.4% |
| Return on equity | 1.4% |
| Net Margin | 0.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Shanghai Ace Investment&DevelopmentLtd makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 2,440 | 22 | 154 | 0 |
| 31 Dec 23 | 2,520 | 10 | 152 | 0 |
| 30 Sep 23 | 2,408 | 2 | 164 | 0 |
| 30 Jun 23 | 2,494 | -64 | 162 | 0 |
| 31 Mar 23 | 2,969 | 84 | 153 | 0 |
| 31 Dec 22 | 3,088 | 149 | 145 | 0 |
| 30 Sep 22 | 3,403 | 170 | 148 | 0 |
| 30 Jun 22 | 3,494 | 243 | 145 | 0 |
| 31 Mar 22 | 2,919 | 170 | 139 | 0 |
| 31 Dec 21 | 2,593 | 137 | 131 | 0 |
| 30 Sep 21 | 2,176 | 111 | 111 | 0 |
| 30 Jun 21 | 1,978 | 110 | 98 | 0 |
| 31 Mar 21 | 1,786 | 79 | 92 | 0 |
| 31 Dec 20 | 1,734 | 64 | 89 | 0 |
| 30 Sep 20 | 1,645 | -22 | 147 | 0 |
| 30 Jun 20 | 1,497 | -90 | 138 | 0 |
| 31 Mar 20 | 1,541 | -97 | 144 | 0 |
| 31 Dec 19 | 1,755 | -99 | 145 | 0 |
| 30 Sep 19 | 1,917 | -20 | 96 | 0 |
| 30 Jun 19 | 2,016 | 25 | 107 | 0 |
| 31 Mar 19 | 1,907 | 37 | 96 | 0 |
| 31 Dec 18 | 1,750 | 45 | 94 | 0 |
| 30 Sep 18 | 1,713 | 74 | 80 | 0 |
| 30 Jun 18 | 1,709 | 80 | 71 | 0 |
| 31 Mar 18 | 1,700 | 77 | 77 | 0 |
| 31 Dec 17 | 1,700 | 78 | 72 | 0 |
| 30 Sep 17 | 1,527 | 78 | 102 | 0 |
| 31 Dec 16 | 1,325 | 65 | 55 | 0 |
| 31 Dec 15 | 1,589 | 76 | 62 | 0 |
| 31 Dec 14 | 1,450 | 67 | 57 | 0 |
Quality Earnings: 603329 has a large one-off gain of CN¥22.5M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 603329's current net profit margins (0.9%) are lower than last year (2.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603329's earnings have grown significantly by 23.7% per year over the past 5 years.
Accelerating Growth: 603329's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603329 had negative earnings growth (-74%) over the past year, making it difficult to compare to the Logistics industry average (-4.9%).
Return on Equity
High ROE: 603329's Return on Equity (1.4%) is considered low.