Changhae Ethanol Co., Ltd.

KOSDAQ:A004650 Stock Report

Market Cap: ₩68.7b

Changhae Ethanol Past Earnings Performance

Past criteria checks 2/6

Changhae Ethanol's earnings have been declining at an average annual rate of -40%, while the Chemicals industry saw earnings growing at 7.8% annually. Revenues have been declining at an average rate of 7.8% per year. Changhae Ethanol's return on equity is 8.3%, and it has net margins of 8.2%.

Key information

-40.0%

Earnings growth rate

-39.5%

EPS growth rate

Chemicals Industry Growth13.9%
Revenue growth rate-7.8%
Return on equity8.3%
Net Margin8.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

Here's Why We Don't Think Changhae Ethanol's (KOSDAQ:004650) Statutory Earnings Reflect Its Underlying Earnings Potential

Dec 12
Here's Why We Don't Think Changhae Ethanol's (KOSDAQ:004650) Statutory Earnings Reflect Its Underlying Earnings Potential

Recent updates

Should Changhae Ethanol Co., Ltd. (KOSDAQ:004650) Be Part Of Your Dividend Portfolio?

May 01
Should Changhae Ethanol Co., Ltd. (KOSDAQ:004650) Be Part Of Your Dividend Portfolio?

Is Now The Time To Put Changhae Ethanol (KOSDAQ:004650) On Your Watchlist?

Mar 20
Is Now The Time To Put Changhae Ethanol (KOSDAQ:004650) On Your Watchlist?

Does Changhae Ethanol's (KOSDAQ:004650) Returns On Capital Reflect Well On The Business?

Mar 02
Does Changhae Ethanol's (KOSDAQ:004650) Returns On Capital Reflect Well On The Business?

These 4 Measures Indicate That Changhae Ethanol (KOSDAQ:004650) Is Using Debt Extensively

Feb 10
These 4 Measures Indicate That Changhae Ethanol (KOSDAQ:004650) Is Using Debt Extensively

Shareholders Are Loving Changhae Ethanol Co., Ltd.'s (KOSDAQ:004650) 4.6% Yield

Jan 23
Shareholders Are Loving Changhae Ethanol Co., Ltd.'s (KOSDAQ:004650) 4.6% Yield

If You Had Bought Changhae Ethanol's (KOSDAQ:004650) Shares Five Years Ago You Would Be Down 46%

Jan 08
If You Had Bought Changhae Ethanol's (KOSDAQ:004650) Shares Five Years Ago You Would Be Down 46%

Should You Buy Changhae Ethanol Co., Ltd. (KOSDAQ:004650) For Its Upcoming Dividend?

Dec 24
Should You Buy Changhae Ethanol Co., Ltd. (KOSDAQ:004650) For Its Upcoming Dividend?

Here's Why We Don't Think Changhae Ethanol's (KOSDAQ:004650) Statutory Earnings Reflect Its Underlying Earnings Potential

Dec 12
Here's Why We Don't Think Changhae Ethanol's (KOSDAQ:004650) Statutory Earnings Reflect Its Underlying Earnings Potential

Here's Why I Think Changhae Ethanol (KOSDAQ:004650) Might Deserve Your Attention Today

Nov 28
Here's Why I Think Changhae Ethanol (KOSDAQ:004650) Might Deserve Your Attention Today

Revenue & Expenses Breakdown

How Changhae Ethanol makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

KOSDAQ:A004650 Revenue, expenses and earnings (KRW Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24137,69811,2767,866351
30 Jun 24131,81211,2817,774360
31 Mar 24117,037-1,8427,693386
31 Dec 23116,423-3,8407,545406
30 Sep 23114,628-6,7136,799458
30 Jun 23110,765-10,4146,622516
31 Mar 23109,547-2,0746,504535
31 Dec 22109,430786,365526
30 Sep 22106,1895,0956,312506
30 Jun 22100,5915,4306,665498
31 Mar 2298,6908,9646,171514
31 Dec 2196,9919,8426,588531
30 Sep 2198,61710,9628,751626
30 Jun 21103,62014,0398,435658
31 Mar 21108,04112,5788,986617
31 Dec 20114,66013,0008,526780
30 Sep 20133,27618,82314,2131,421
30 Jun 20157,12018,00019,1631,693
31 Mar 20175,06019,91723,8431,881
31 Dec 19187,28420,08528,6581,997
30 Sep 19192,04210,82530,6841,866
30 Jun 19196,52911,23832,0061,730
31 Mar 19195,6875,08535,7981,728
31 Dec 18195,3583,71738,7251,633
30 Sep 18198,5614,53737,7971,713
30 Jun 18199,2214,67138,8391,868
31 Mar 18207,4839,99438,5341,949
31 Dec 17216,9354,99840,1022,109
30 Sep 17213,061-1,07841,7832,362
30 Jun 17217,559-3,33046,1322,352
31 Mar 17211,522-3,15449,7902,397
31 Dec 16212,5841,68453,4362,453
30 Sep 16224,2257,33456,7751,930
30 Jun 16215,4028,45753,9811,853
31 Mar 16224,11510,01750,7601,725
31 Dec 15227,49611,50145,4551,583
30 Sep 15228,16410,10541,6831,687
30 Jun 15232,29810,72142,0041,769
31 Mar 15233,82410,12541,5611,856
31 Dec 14235,2058,83541,2831,789
30 Sep 14228,53631,75941,7471,825
31 Mar 14167,81924,42623,7001,666

Quality Earnings: A004650 has high quality earnings.

Growing Profit Margin: A004650 became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: A004650's earnings have declined by 40% per year over the past 5 years.

Accelerating Growth: A004650 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: A004650 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (21%).


Return on Equity

High ROE: A004650's Return on Equity (8.3%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 11:35
End of Day Share Price 2025/01/10 00:00
Earnings2024/09/30
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

Changhae Ethanol Co., Ltd. is covered by 4 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
So Min OhEugene Investment & Securities Co Ltd.
Hong-Sik JeongLS Securities Co., Ltd.
Jin ChoiNH Investment & Securities Co., Ltd.