Jiangsu New Technology GroupLtd Past Earnings Performance
Past criteria checks 5/6
Jiangsu New Technology GroupLtd has been growing earnings at an average annual rate of 5.8%, while the Auto Components industry saw earnings growing at 7.9% annually. Revenues have been growing at an average rate of 21.1% per year. Jiangsu New Technology GroupLtd's return on equity is 8.7%, and it has net margins of 8.5%.
Key information
5.8%
Earnings growth rate
-5.9%
EPS growth rate
| Auto Components Industry Growth | 3.8% |
| Revenue growth rate | 21.1% |
| Return on equity | 8.7% |
| Net Margin | 8.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 31 Mar 24 | 953 | 81 | 91 | 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 (8.5%) are higher than last year (7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301229's earnings have grown by 5.8% per year over the past 5 years.
Accelerating Growth: 301229's earnings growth over the past year (59.2%) exceeds its 5-year average (5.8% per year).
Earnings vs Industry: 301229 earnings growth over the past year (59.2%) exceeded the Auto Components industry 27.2%.
Return on Equity
High ROE: 301229's Return on Equity (8.7%) is considered low.