Shaanxi Meineng Clean EnergyLtd Past Earnings Performance
Past criteria checks 2/6
Shaanxi Meineng Clean EnergyLtd's earnings have been declining at an average annual rate of -2.7%, while the Gas Utilities industry saw earnings growing at 10% annually. Revenues have been growing at an average rate of 7.3% per year. Shaanxi Meineng Clean EnergyLtd's return on equity is 6.8%, and it has net margins of 13.5%.
Key information
-2.7%
Earnings growth rate
-9.8%
EPS growth rate
| Gas Utilities Industry Growth | 5.6% |
| Revenue growth rate | 7.3% |
| Return on equity | 6.8% |
| Net Margin | 13.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
We Think You Should Be Aware Of Some Concerning Factors In Shaanxi Meineng Clean EnergyLtd's (SZSE:001299) Earnings
Nov 04
Investors Could Be Concerned With Shaanxi Meineng Clean EnergyLtd's (SZSE:001299) Returns On Capital
Sep 29Shaanxi Meineng Clean Energy Corp.,Ltd.'s (SZSE:001299) Shares Lagging The Market But So Is The Business
Jun 06Returns On Capital At Shaanxi Meineng Clean EnergyLtd (SZSE:001299) Paint A Concerning Picture
Mar 07Revenue & Expenses Breakdown
How Shaanxi Meineng Clean EnergyLtd 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 |
|---|---|---|---|---|
| 30 Sep 24 | 644 | 87 | 48 | 0 |
| 30 Jun 24 | 615 | 82 | 49 | 0 |
| 31 Mar 24 | 599 | 81 | 49 | 0 |
| 31 Dec 23 | 576 | 82 | 47 | 0 |
| 01 Jan 23 | 550 | 94 | 40 | 0 |
| 01 Jan 22 | 480 | 101 | 36 | 0 |
| 31 Dec 20 | 463 | 96 | 32 | 0 |
| 31 Dec 19 | 456 | 87 | 32 | 0 |
| 31 Dec 18 | 383 | 60 | 28 | 0 |
| 31 Dec 17 | 322 | 68 | 27 | 0 |
| 31 Dec 16 | 273 | 73 | 24 | 0 |
Quality Earnings: 001299 has high quality earnings.
Growing Profit Margin: 001299's current net profit margins (13.5%) are lower than last year (14.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 001299's earnings have declined by 2.7% per year over the past 5 years.
Accelerating Growth: 001299's earnings growth over the past year (2.3%) exceeds its 5-year average (-2.7% per year).
Earnings vs Industry: 001299 earnings growth over the past year (2.3%) did not outperform the Gas Utilities industry 15.9%.
Return on Equity
High ROE: 001299's Return on Equity (6.8%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:24 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Shaanxi Meineng Clean Energy Corp.,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.
| Analyst | Institution |
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