CNNC International Limited

SEHK:2302 Stock Report

Market Cap: HK$821.8m

CNNC International Past Earnings Performance

Past criteria checks 4/6

CNNC International has been growing earnings at an average annual rate of 63.8%, while the Trade Distributors industry saw earnings growing at 18.8% annually. Revenues have been declining at an average rate of 41.1% per year. CNNC International's return on equity is 20.5%, and it has net margins of 17.7%.

Key information

63.8%

Earnings growth rate

63.8%

EPS growth rate

Trade Distributors Industry Growth7.5%
Revenue growth rate-41.1%
Return on equity20.5%
Net Margin17.7%
Last Earnings Update30 Jun 2024

Recent past performance updates

We Think That There Are Some Issues For CNNC International (HKG:2302) Beyond Its Promising Earnings

Sep 09
We Think That There Are Some Issues For CNNC International (HKG:2302) Beyond Its Promising Earnings

CNNC International's (HKG:2302) Profits Appear To Have Quality Issues

Oct 02
CNNC International's (HKG:2302) Profits Appear To Have Quality Issues

Recent updates

Is CNNC International (HKG:2302) A Risky Investment?

Oct 31
Is CNNC International (HKG:2302) A Risky Investment?

Earnings Not Telling The Story For CNNC International Limited (HKG:2302) After Shares Rise 33%

Oct 09
Earnings Not Telling The Story For CNNC International Limited (HKG:2302) After Shares Rise 33%

We Think That There Are Some Issues For CNNC International (HKG:2302) Beyond Its Promising Earnings

Sep 09
We Think That There Are Some Issues For CNNC International (HKG:2302) Beyond Its Promising Earnings

CNNC International Limited (HKG:2302) May Have Run Too Fast Too Soon With Recent 26% Price Plummet

Aug 15
CNNC International Limited (HKG:2302) May Have Run Too Fast Too Soon With Recent 26% Price Plummet

Returns Are Gaining Momentum At CNNC International (HKG:2302)

Jul 19
Returns Are Gaining Momentum At CNNC International (HKG:2302)

We Discuss Whether CNNC International Limited's (HKG:2302) CEO Is Due For A Pay Rise

Jun 10
We Discuss Whether CNNC International Limited's (HKG:2302) CEO Is Due For A Pay Rise

CNNC International Limited (HKG:2302) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected

Apr 29
CNNC International Limited (HKG:2302) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected

There's Reason For Concern Over CNNC International Limited's (HKG:2302) Massive 40% Price Jump

Jan 25
There's Reason For Concern Over CNNC International Limited's (HKG:2302) Massive 40% Price Jump

With EPS Growth And More, CNNC International (HKG:2302) Makes An Interesting Case

Jan 18
With EPS Growth And More, CNNC International (HKG:2302) Makes An Interesting Case

Returns Are Gaining Momentum At CNNC International (HKG:2302)

Dec 06
Returns Are Gaining Momentum At CNNC International (HKG:2302)

CNNC International's (HKG:2302) Profits Appear To Have Quality Issues

Oct 02
CNNC International's (HKG:2302) Profits Appear To Have Quality Issues

We Like These Underlying Return On Capital Trends At CNNC International (HKG:2302)

Aug 07
We Like These Underlying Return On Capital Trends At CNNC International (HKG:2302)

CNNC International Limited's (HKG:2302) Share Price Could Signal Some Risk

Jun 27
CNNC International Limited's (HKG:2302) Share Price Could Signal Some Risk

We Think The Compensation For CNNC International Limited's (HKG:2302) CEO Looks About Right

Dec 09
We Think The Compensation For CNNC International Limited's (HKG:2302) CEO Looks About Right

CNNC International (HKG:2302) Shareholders Will Want The ROCE Trajectory To Continue

Oct 19
CNNC International (HKG:2302) Shareholders Will Want The ROCE Trajectory To Continue

Revenue & Expenses Breakdown

How CNNC International makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SEHK:2302 Revenue, expenses and earnings (HKD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2451190410
31 Mar 2454698370
31 Dec 23581106330
30 Sep 2349589320
30 Jun 2340871300
31 Mar 2365776320
31 Dec 2290681330
30 Jun 2276019290
31 Mar 2252010280
31 Dec 212811270
30 Jun 21532-42270
31 Mar 211,097-44260
31 Dec 201,662-46260
30 Sep 202,435-136270
30 Jun 203,207-225270
31 Mar 203,189-222260
31 Dec 193,170-219250
30 Sep 192,816-99240
30 Jun 192,46221220
31 Mar 192,22722210
31 Dec 181,99224200
30 Sep 181,64115200
30 Jun 181,2906200
31 Mar 189713190
31 Dec 176520190
30 Sep 17449-8170
30 Jun 17247-16150
31 Mar 17218-22160
31 Dec 16189-28160
30 Sep 16135-24170
30 Jun 1681-20180
31 Mar 1669-121180
31 Dec 1558-221180
30 Sep 1529-265190
30 Jun 150-309200
31 Mar 15260-232210
31 Dec 14520-156210
30 Sep 14800-117230
30 Jun 141,080-78240
31 Mar 141,124-48240
31 Dec 131,168-19230

Quality Earnings: 2302 has a high level of non-cash earnings.

Growing Profit Margin: 2302's current net profit margins (17.7%) are higher than last year (17.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 2302 has become profitable over the past 5 years, growing earnings by 63.8% per year.

Accelerating Growth: 2302's earnings growth over the past year (27%) is below its 5-year average (63.8% per year).

Earnings vs Industry: 2302 earnings growth over the past year (27%) exceeded the Trade Distributors industry 7.3%.

Return on Equity

High ROE: 2302's Return on Equity (20.5%) is considered high.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/28 02:30
End of Day Share Price 2024/12/27 00:00
Earnings2024/06/30
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

CNNC International Limited is covered by 2 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
null nullCCB International Securities Limited
Min LiYuanta Research