COFCO Joycome Foods Past Earnings Performance

Past criteria checks 0/6

COFCO Joycome Foods's earnings have been declining at an average annual rate of -20.9%, while the Food industry saw earnings growing at 0.7% annually. Revenues have been growing at an average rate of 4.2% per year.

Key information

-20.9%

Earnings growth rate

-21.0%

EPS growth rate

Food Industry Growth	0.7%
Revenue growth rate	4.2%
Return on equity	-1.8%
Net Margin	-1.2%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How COFCO Joycome Foods makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SZSC:1610 Revenue, expenses and earnings (CNY Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	11,568	-136	861
30 Sep 23	12,471	103	786
30 Jun 23	13,375	349	711
31 Mar 23	13,138	353	687
31 Dec 22	12,901	357	664
30 Sep 22	11,985	-59	738
30 Jun 22	11,069	-483	812
31 Mar 22	12,148	-471	792
31 Dec 21	13,228	-460	771
30 Sep 21	15,242	521	831
30 Jun 21	17,257	1,501	890
31 Mar 21	18,089	2,748	912
31 Dec 20	18,922	3,995	934
30 Sep 20	17,383	3,741	815
30 Jun 20	15,844	3,486	696
31 Mar 20	13,461	2,530	653
31 Dec 19	11,079	1,574	611
30 Sep 19	9,693	666	590
30 Jun 19	8,307	-242	569
31 Mar 19	7,738	-435	542
31 Dec 18	7,168	-628	514
30 Sep 18	7,047	-323	512
30 Jun 18	6,926	-18	509
31 Mar 18	6,943	217	506
31 Dec 17	6,961	452	502
30 Jun 17	6,926	457	449
31 Mar 17	6,771	702	449
31 Dec 16	6,616	948	448
31 Dec 15	5,056	210	402
31 Dec 14	3,746	-324	369
31 Dec 13	3,734	-80	348

Quality Earnings: 1610 is currently unprofitable.

Growing Profit Margin: 1610 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 1610 is unprofitable, and losses have increased over the past 5 years at a rate of 20.9% per year.

Accelerating Growth: Unable to compare 1610's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1610 is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (4.1%).

Return on Equity

High ROE: 1610 has a negative Return on Equity (-1.85%), as it is currently unprofitable.

COFCO Joycome Foods Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2023 earnings released: CN¥0.031 loss per share (vs CN¥0.091 profit in FY 2022)

COFCO Joycome Foods Limited to Report Fiscal Year 2023 Results on Mar 19, 2024

First half 2023 earnings released: CN¥0.11 loss per share (vs CN¥0.12 loss in 1H 2022)

COFCO Joycome Foods Limited to Report Q2, 2023 Results on Aug 24, 2023

Full year 2022 earnings released: EPS: CN¥0.091 (vs CN¥0.12 loss in FY 2021)

First half 2022 earnings released: CN¥0.12 loss per share (vs CN¥0.11 loss in 1H 2021)

Recent updates

COFCO Joycome Foods Limited, Annual General Meeting, Jun 25, 2024

Less than half of directors are independent

COFCO Joycome Foods Limited Announces Change of Joint Company Secretary

Full year 2023 earnings released: CN¥0.031 loss per share (vs CN¥0.091 profit in FY 2022)

COFCO Joycome Foods Limited to Report Fiscal Year 2023 Results on Mar 19, 2024

Cofco Joycome Foods Limited Announces Management Changes

First half 2023 earnings released: CN¥0.11 loss per share (vs CN¥0.12 loss in 1H 2022)

COFCO Joycome Foods Limited to Report Q2, 2023 Results on Aug 24, 2023

Less than half of directors are independent

Full year 2022 earnings released: EPS: CN¥0.091 (vs CN¥0.12 loss in FY 2021)

COFCO Joycome Foods Limited Provides Earning Guidance for the Year Ended December 31, 2022

First half 2022 earnings released: CN¥0.12 loss per share (vs CN¥0.11 loss in 1H 2021)

COFCO Joycome Foods Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2022

COFCO Joycome Foods Limited Announces Executive Changes

COFCO Joycome Foods Limited Approves Final Dividend for the Year Ended December 31, 2021

Upcoming dividend of HK$0.18 per share

Less than half of directors are independent

Cofco Joycome Foods Limited Recommends Payment of A Final Dividend for 2021

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First half 2021 earnings released: CN¥0.11 loss per share (vs CN¥0.53 profit in 1H 2020)

Non-Executive Director Guiyong Cui has left the company

Non-Executive Director Hong Yang has left the company

Non-Executive Director Qi Zhou has left the company

Upcoming dividend of HK$0.21 per share

COFCO Joycome Foods Limited Recommends Final Dividend for the Year Ended December 31, 2020

Full year 2020 earnings released: EPS CN¥1.02 (vs CN¥0.40 in FY 2019)

COFCO Joycome Foods Limited Announces Change of Expected Payment Date for Final Dividend

Investor sentiment deteriorated over the past week

COFCO Joycome Foods Limited Recommends Final Dividend for 2020, Payable on or Around June 4, 2021

COFCO Joycome Foods Limited, Annual General Meeting, May 12, 2021

Full year 2020 earnings released: EPS CN¥1.02 (vs CN¥0.40 in FY 2019)

Investor sentiment deteriorated over the past week

COFCO Joycome Foods Limited to Report Fiscal Year 2020 Results on Mar 18, 2021

Investor sentiment improved over the past week

New 90-day high: HK$4.38

Investor sentiment improved over the past week

New 90-day high: HK$3.00

Investor sentiment improved over the past week

New 90-day high: HK$2.99

COFCO Joycome Foods Limited Announces Board Changes

Market bids up stock over the past week

New 90-day low: HK$2.44

New 90-day low: HK$2.65

Upcoming Dividend of HK$0.12 Per Share

COFCO Meat Holdings Limited to Report First Half, 2020 Results on Aug 25, 2020

New 90-day high - HK$3.81

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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