Xiamen Jiarong TechnologyLtd Past Earnings Performance
Past criteria checks 0/6
Xiamen Jiarong TechnologyLtd's earnings have been declining at an average annual rate of -25.1%, while the Machinery industry saw earnings growing at 7.3% annually. Revenues have been declining at an average rate of 1.7% per year. Xiamen Jiarong TechnologyLtd's return on equity is 3%, and it has net margins of 10.1%.
Key information
-25.1%
Earnings growth rate
-33.5%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | -1.7% |
| Return on equity | 3.0% |
| Net Margin | 10.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Xiamen Jiarong TechnologyLtd (SZSE:301148) Posted Weak Earnings But There Is More To Worry About
Nov 01
Xiamen Jiarong TechnologyLtd's (SZSE:301148) Anemic Earnings Might Be Worse Than You Think
May 02Recent updates
Xiamen Jiarong TechnologyLtd (SZSE:301148) Posted Weak Earnings But There Is More To Worry About
Nov 01Here's What's Concerning About Xiamen Jiarong TechnologyLtd's (SZSE:301148) Returns On Capital
Sep 30What Xiamen Jiarong Technology Corp.,Ltd.'s (SZSE:301148) P/E Is Not Telling You
Aug 26Xiamen Jiarong TechnologyLtd's (SZSE:301148) Anemic Earnings Might Be Worse Than You Think
May 02Revenue & Expenses Breakdown
How Xiamen Jiarong TechnologyLtd 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 Sep 24 | 526 | 53 | 132 | 42 |
| 30 Jun 24 | 531 | 48 | 137 | 43 |
| 31 Mar 24 | 528 | 52 | 137 | 41 |
| 31 Dec 23 | 555 | 58 | 139 | 40 |
| 30 Sep 23 | 624 | 90 | 137 | 46 |
| 30 Jun 23 | 667 | 98 | 139 | 48 |
| 31 Mar 23 | 721 | 105 | 137 | 49 |
| 01 Jan 23 | 756 | 107 | 134 | 50 |
| 30 Sep 22 | 746 | 117 | 116 | 48 |
| 30 Jun 22 | 750 | 131 | 104 | 49 |
| 31 Mar 22 | 724 | 138 | 95 | 52 |
| 01 Jan 22 | 675 | 149 | 93 | 49 |
| 01 Oct 21 | 630 | 134 | 92 | 47 |
| 30 Jun 21 | 584 | 120 | 91 | 44 |
| 31 Mar 21 | 586 | 134 | 85 | 38 |
| 31 Dec 20 | 598 | 147 | 73 | 36 |
| 31 Dec 19 | 576 | 185 | 52 | 27 |
| 31 Dec 18 | 299 | 85 | 22 | 17 |
| 31 Dec 17 | 146 | 39 | 11 | 8 |
| 30 Jun 17 | 81 | 24 | 14 | 0 |
| 31 Mar 17 | 71 | 19 | 14 | 0 |
| 31 Dec 16 | 62 | 15 | 13 | 0 |
| 30 Sep 16 | 62 | 13 | 12 | 0 |
| 30 Jun 16 | 62 | 11 | 12 | 0 |
| 31 Mar 16 | 54 | 9 | 11 | 0 |
| 31 Dec 15 | 46 | 7 | 10 | 0 |
| 31 Dec 14 | 28 | 4 | 6 | 0 |
Quality Earnings: 301148 has a large one-off gain of CN¥38.9M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 301148's current net profit margins (10.1%) are lower than last year (14.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301148's earnings have declined by 25.1% per year over the past 5 years.
Accelerating Growth: 301148's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301148 had negative earnings growth (-40.7%) over the past year, making it difficult to compare to the Machinery industry average (-0.4%).
Return on Equity
High ROE: 301148's Return on Equity (3%) is considered low.