Jiangsu New Technology GroupLtd Past Earnings Performance
Past criteria checks 2/6
Jiangsu New Technology GroupLtd has been growing earnings at an average annual rate of 7.1%, while the Auto Components industry saw earnings growing at 9% annually. Revenues have been growing at an average rate of 19% per year. Jiangsu New Technology GroupLtd's return on equity is 7%, and it has net margins of 6.9%.
Key information
7.1%
Earnings growth rate
-3.4%
EPS growth rate
| Auto Components Industry Growth | 3.8% |
| Revenue growth rate | 19.0% |
| Return on equity | 7.0% |
| Net Margin | 6.9% |
| Last Earnings Update | 30 Sep 2024 |
Revenue & Expenses Breakdown
How Jiangsu New Technology GroupLtd 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 |
|---|---|---|---|---|
| 30 Sep 24 | 974 | 67 | 91 | 57 |
| 30 Jun 24 | 973 | 74 | 95 | 54 |
| 31 Mar 24 | 953 | 81 | 85 | 51 |
| 31 Dec 23 | 903 | 73 | 81 | 46 |
| 30 Sep 23 | 858 | 71 | 68 | 42 |
| 30 Jun 23 | 803 | 62 | 59 | 34 |
| 31 Mar 23 | 728 | 51 | 56 | 32 |
| 01 Jan 23 | 692 | 41 | 53 | 32 |
| 30 Sep 22 | 632 | 40 | 46 | 29 |
| 30 Jun 22 | 559 | 34 | 43 | 28 |
| 31 Mar 22 | 567 | 39 | 42 | 29 |
| 01 Jan 22 | 549 | 53 | 36 | 27 |
| 30 Sep 21 | 544 | 55 | 41 | 27 |
| 30 Jun 21 | 582 | 74 | 40 | 27 |
| 31 Mar 21 | 536 | 69 | 38 | 25 |
| 31 Dec 20 | 496 | 57 | 38 | 27 |
| 31 Dec 19 | 413 | 48 | 43 | 27 |
| 31 Dec 18 | 287 | 39 | 49 | 16 |
Quality Earnings: 301229 has high quality earnings.
Growing Profit Margin: 301229's current net profit margins (6.9%) are lower than last year (8.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301229's earnings have grown by 7.1% per year over the past 5 years.
Accelerating Growth: 301229's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301229 had negative earnings growth (-6.1%) over the past year, making it difficult to compare to the Auto Components industry average (11%).
Return on Equity
High ROE: 301229's Return on Equity (7%) is considered low.