China Resources Beverage (Holdings) Past Earnings Performance
Past criteria checks 2/6
China Resources Beverage (Holdings) has been growing earnings at an average annual rate of 34.3%, while the Beverage industry saw earnings growing at 19.2% annually. Revenues have been growing at an average rate of 7.1% per year. China Resources Beverage (Holdings)'s return on equity is 18.1%, and it has net margins of 9.8%.
Key information
34.3%
Earnings growth rate
34.3%
EPS growth rate
| Beverage Industry Growth | 23.0% |
| Revenue growth rate | 7.1% |
| Return on equity | 18.1% |
| Net Margin | 9.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How China Resources Beverage (Holdings) 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 Dec 23 | 13,515 | 1,329 | 4,391 | 62 |
| 31 Dec 22 | 12,623 | 990 | 4,170 | 49 |
| 31 Dec 21 | 11,340 | 858 | 4,000 | 49 |
Quality Earnings: 2460 has a high level of non-cash earnings.
Growing Profit Margin: 2460's current net profit margins (9.8%) are higher than last year (7.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if 2460's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare 2460's past year earnings growth to its 5-year average.
Earnings vs Industry: 2460 earnings growth over the past year (34.3%) exceeded the Beverage industry 0.2%.
Return on Equity
High ROE: 2460's Return on Equity (18.1%) 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 | 2024/12/24 09:40 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2023/12/31 |
| 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
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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
China Resources Beverage (Holdings) Company Limited is covered by 8 analysts. 8 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 |
|---|---|
| Sichao Chen | BOCI Research Ltd. |
| Jack Chen | BofA Global Research |
| Guangyi Liu | China Galaxy Securities Co., Ltd. |