TianJin JinRong TianYu Precision Machinery Past Earnings Performance
Past criteria checks 2/6
TianJin JinRong TianYu Precision Machinery has been growing earnings at an average annual rate of 11.5%, while the Auto Components industry saw earnings growing at 8.2% annually. Revenues have been growing at an average rate of 9.3% per year. TianJin JinRong TianYu Precision Machinery's return on equity is 7%, and it has net margins of 5.9%.
Key information
11.5%
Earnings growth rate
1.4%
EPS growth rate
| Auto Components Industry Growth | 3.8% |
| Revenue growth rate | 9.3% |
| Return on equity | 7.0% |
| Net Margin | 5.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How TianJin JinRong TianYu Precision Machinery 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 Mar 24 | 1,612 | 94 | 133 | 73 |
| 31 Dec 23 | 1,527 | 92 | 124 | 69 |
| 30 Sep 23 | 1,468 | 84 | 104 | 67 |
| 30 Jun 23 | 1,478 | 85 | 99 | 63 |
| 31 Mar 23 | 1,383 | 82 | 92 | 64 |
| 01 Jan 23 | 1,429 | 83 | 87 | 61 |
| 30 Sep 22 | 1,405 | 84 | 80 | 61 |
| 30 Jun 22 | 1,385 | 79 | 76 | 66 |
| 31 Mar 22 | 1,391 | 76 | 72 | 63 |
| 01 Jan 22 | 1,341 | 73 | 78 | 61 |
| 30 Sep 21 | 1,303 | 75 | 71 | 52 |
| 30 Jun 21 | 1,200 | 71 | 69 | 44 |
| 31 Mar 21 | 1,093 | 66 | 72 | 37 |
| 31 Dec 20 | 990 | 62 | 63 | 35 |
| 31 Dec 19 | 874 | 53 | 64 | 29 |
| 31 Dec 18 | 863 | 43 | 63 | 26 |
| 31 Dec 17 | 735 | 32 | 60 | 25 |
| 30 Jun 17 | 664 | 41 | 92 | 0 |
| 31 Mar 17 | 633 | 38 | 89 | 0 |
| 31 Dec 16 | 602 | 35 | 86 | 0 |
| 30 Sep 16 | 581 | 31 | 87 | 0 |
| 30 Jun 16 | 560 | 28 | 87 | 0 |
| 31 Mar 16 | 563 | 24 | 84 | 0 |
| 31 Dec 15 | 567 | 20 | 80 | 0 |
| 31 Dec 14 | 560 | 23 | 67 | 0 |
Quality Earnings: 300988 has a high level of non-cash earnings.
Growing Profit Margin: 300988's current net profit margins (5.9%) are lower than last year (5.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300988's earnings have grown by 11.5% per year over the past 5 years.
Accelerating Growth: 300988's earnings growth over the past year (15.6%) exceeds its 5-year average (11.5% per year).
Earnings vs Industry: 300988 earnings growth over the past year (15.6%) did not outperform the Auto Components industry 28.1%.
Return on Equity
High ROE: 300988's Return on Equity (7%) is considered low.