Hangzhou Jingye Intelligent Technology Past Earnings Performance
Past criteria checks 1/6
Hangzhou Jingye Intelligent Technology has been growing earnings at an average annual rate of 0.7%, while the Machinery industry saw earnings growing at 8.8% annually. Revenues have been declining at an average rate of 36.8% per year. Hangzhou Jingye Intelligent Technology's return on equity is 2.9%, and it has net margins of 14.2%.
Key information
0.7%
Earnings growth rate
-26.1%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | -36.8% |
| Return on equity | 2.9% |
| Net Margin | 14.2% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Hangzhou Jingye Intelligent Technology's (SHSE:688290) Problems Go Beyond Poor Profit
May 05
Calculating The Intrinsic Value Of Hangzhou Jingye Intelligent Technology Co., Ltd. (SHSE:688290)
Apr 17Getting In Cheap On Hangzhou Jingye Intelligent Technology Co., Ltd. (SHSE:688290) Might Be Difficult
Mar 20Revenue & Expenses Breakdown
How Hangzhou Jingye Intelligent 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 |
|---|---|---|---|---|
| 30 Jun 24 | 257 | 37 | 79 | 28 |
| 31 Mar 24 | 227 | 18 | 79 | 39 |
| 31 Dec 23 | 255 | 35 | 76 | 41 |
| 30 Sep 23 | 369 | 74 | 82 | 48 |
| 30 Jun 23 | 407 | 97 | 80 | 50 |
| 31 Mar 23 | 478 | 125 | 78 | 47 |
| 31 Dec 22 | 463 | 122 | 73 | 42 |
| 30 Sep 22 | 417 | 99 | 65 | 40 |
| 30 Jun 22 | 405 | 99 | 59 | 33 |
| 31 Mar 22 | 378 | 85 | 55 | 29 |
| 31 Dec 21 | 349 | 76 | 50 | 29 |
| 31 Dec 20 | 206 | 53 | 31 | 21 |
| 31 Dec 19 | 101 | 27 | 23 | 13 |
| 31 Dec 18 | 80 | 16 | 21 | 9 |
Quality Earnings: 688290 has a high level of non-cash earnings.
Growing Profit Margin: 688290's current net profit margins (14.2%) are lower than last year (23.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688290's earnings have grown by 0.7% per year over the past 5 years.
Accelerating Growth: 688290's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 688290 had negative earnings growth (-62%) over the past year, making it difficult to compare to the Machinery industry average (-2.9%).
Return on Equity
High ROE: 688290's Return on Equity (2.9%) is considered low.