Zhejiang Jindao Technology Past Earnings Performance
Past criteria checks 1/6
Zhejiang Jindao Technology's earnings have been declining at an average annual rate of -1.8%, while the Auto Components industry saw earnings growing at 7.9% annually. Revenues have been growing at an average rate of 3.9% per year. Zhejiang Jindao Technology's return on equity is 3.6%, and it has net margins of 7.2%.
Key information
-1.8%
Earnings growth rate
-10.2%
EPS growth rate
| Auto Components Industry Growth | 3.8% |
| Revenue growth rate | 3.9% |
| Return on equity | 3.6% |
| Net Margin | 7.2% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Zhejiang Jindao Technology 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 | 662 | 48 | 43 | 29 |
| 31 Dec 23 | 651 | 49 | 38 | 30 |
| 30 Sep 23 | 667 | 71 | 31 | 30 |
| 30 Jun 23 | 658 | 74 | 31 | 30 |
| 31 Mar 23 | 645 | 77 | 30 | 28 |
| 31 Dec 22 | 654 | 82 | 30 | 28 |
| 30 Sep 22 | 649 | 82 | 23 | 26 |
| 30 Jun 22 | 636 | 78 | 20 | 27 |
| 31 Mar 22 | 658 | 81 | 22 | 27 |
| 01 Jan 22 | 640 | 80 | 21 | 26 |
| 30 Sep 21 | 620 | 76 | 26 | 24 |
| 30 Jun 21 | 611 | 79 | 26 | 22 |
| 31 Mar 21 | 547 | 70 | 23 | 20 |
| 31 Dec 20 | 530 | 71 | 23 | 19 |
| 31 Dec 19 | 451 | 52 | 22 | 18 |
| 31 Dec 18 | 452 | 61 | 24 | 18 |
| 31 Dec 17 | 362 | 49 | 20 | 13 |
Quality Earnings: 301279 has high quality earnings.
Growing Profit Margin: 301279's current net profit margins (7.2%) are lower than last year (12%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301279's earnings have declined by 1.8% per year over the past 5 years.
Accelerating Growth: 301279's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301279 had negative earnings growth (-38.4%) over the past year, making it difficult to compare to the Auto Components industry average (27.2%).
Return on Equity
High ROE: 301279's Return on Equity (3.6%) is considered low.