Guangdong Jinming Machinery Past Earnings Performance
Past criteria checks 1/6
Guangdong Jinming Machinery's earnings have been declining at an average annual rate of -15.7%, while the Machinery industry saw earnings growing at 9.5% annually. Revenues have been growing at an average rate of 9.8% per year. Guangdong Jinming Machinery's return on equity is 0.8%, and it has net margins of 2.2%.
Key information
-15.7%
Earnings growth rate
-16.4%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 9.8% |
| Return on equity | 0.8% |
| Net Margin | 2.2% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Guangdong Jinming Machinery 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 | 458 | 10 | 43 | 24 |
| 31 Dec 23 | 454 | 7 | 44 | 24 |
| 30 Sep 23 | 453 | -4 | 45 | 21 |
| 30 Jun 23 | 460 | -5 | 45 | 22 |
| 31 Mar 23 | 441 | -10 | 45 | 22 |
| 01 Jan 23 | 472 | -2 | 44 | 24 |
| 30 Sep 22 | 509 | 19 | 41 | 25 |
| 30 Jun 22 | 509 | 24 | 37 | 25 |
| 31 Mar 22 | 549 | 36 | 39 | 26 |
| 01 Jan 22 | 529 | 41 | 36 | 27 |
| 30 Sep 21 | 495 | 39 | 35 | 29 |
| 30 Jun 21 | 504 | 49 | 34 | 29 |
| 31 Mar 21 | 437 | 43 | 33 | 26 |
| 31 Dec 20 | 407 | 37 | 36 | 24 |
| 30 Sep 20 | 357 | 51 | 38 | 22 |
| 30 Jun 20 | 288 | 34 | 45 | 20 |
| 31 Mar 20 | 259 | 25 | 45 | 20 |
| 31 Dec 19 | 283 | 25 | 46 | 21 |
| 30 Sep 19 | 291 | -7 | 53 | 27 |
| 30 Jun 19 | 308 | -7 | 51 | 26 |
| 31 Mar 19 | 370 | 18 | 52 | 27 |
| 31 Dec 18 | 373 | 20 | 54 | 28 |
| 30 Sep 18 | 434 | 37 | 59 | 23 |
| 30 Jun 18 | 428 | 38 | 49 | 33 |
| 31 Mar 18 | 435 | 40 | 54 | 28 |
| 31 Dec 17 | 414 | 36 | 61 | 21 |
| 30 Sep 17 | 394 | 36 | 64 | 14 |
| 30 Jun 17 | 394 | 37 | 82 | 0 |
| 31 Mar 17 | 390 | 34 | 82 | 0 |
| 31 Dec 16 | 355 | 33 | 76 | 0 |
| 30 Sep 16 | 331 | 30 | 69 | 0 |
| 30 Jun 16 | 315 | 30 | 65 | 0 |
| 31 Mar 16 | 316 | 30 | 63 | 0 |
| 31 Dec 15 | 314 | 29 | 63 | 0 |
| 30 Sep 15 | 405 | 52 | 67 | 0 |
| 30 Jun 15 | 396 | 60 | 62 | 0 |
| 31 Mar 15 | 371 | 60 | 59 | 0 |
| 31 Dec 14 | 361 | 60 | 57 | 0 |
| 30 Sep 14 | 287 | 51 | 46 | 0 |
| 30 Jun 14 | 301 | 58 | 47 | 0 |
| 31 Mar 14 | 290 | 56 | 46 | 0 |
| 31 Dec 13 | 276 | 55 | 44 | 0 |
| 30 Sep 13 | 264 | 53 | 36 | 0 |
| 30 Jun 13 | 264 | 53 | 34 | 0 |
Quality Earnings: 300281 has a large one-off gain of CN¥10.6M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 300281 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300281's earnings have declined by 15.7% per year over the past 5 years.
Accelerating Growth: 300281 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 300281 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (4.3%).
Return on Equity
High ROE: 300281's Return on Equity (0.8%) is considered low.