JiangSu Changling HydraulicLtd Past Earnings Performance
Past criteria checks 1/6
JiangSu Changling HydraulicLtd's earnings have been declining at an average annual rate of -22.5%, while the Machinery industry saw earnings growing at 10.4% annually. Revenues have been declining at an average rate of 6.7% per year. JiangSu Changling HydraulicLtd's return on equity is 5.4%, and it has net margins of 13.1%.
Key information
-22.5%
Earnings growth rate
-31.9%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | -6.7% |
| Return on equity | 5.4% |
| Net Margin | 13.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How JiangSu Changling HydraulicLtd 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 | 828 | 109 | 64 | 35 |
| 31 Dec 23 | 806 | 102 | 65 | 34 |
| 30 Sep 23 | 820 | 110 | 55 | 33 |
| 30 Jun 23 | 857 | 115 | 62 | 35 |
| 31 Mar 23 | 823 | 111 | 58 | 35 |
| 31 Dec 22 | 896 | 127 | 64 | 34 |
| 30 Sep 22 | 880 | 138 | 60 | 34 |
| 30 Jun 22 | 829 | 149 | 52 | 32 |
| 31 Mar 22 | 894 | 171 | 55 | 35 |
| 31 Dec 21 | 907 | 202 | 42 | 37 |
| 30 Sep 21 | 954 | 223 | 35 | 39 |
| 30 Jun 21 | 984 | 240 | 37 | 39 |
| 31 Mar 21 | 1,001 | 265 | 34 | 37 |
| 31 Dec 20 | 867 | 236 | 31 | 31 |
| 31 Dec 19 | 610 | 170 | 33 | 21 |
| 31 Dec 18 | 559 | 160 | 14 | 20 |
| 31 Dec 17 | 325 | 77 | 27 | 10 |
| 31 Dec 16 | 136 | 17 | 21 | 6 |
Quality Earnings: 605389 has high quality earnings.
Growing Profit Margin: 605389's current net profit margins (13.1%) are lower than last year (13.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 605389's earnings have declined by 22.5% per year over the past 5 years.
Accelerating Growth: 605389's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 605389 had negative earnings growth (-2.5%) over the past year, making it difficult to compare to the Machinery industry average (2.3%).
Return on Equity
High ROE: 605389's Return on Equity (5.4%) is considered low.