Jiangsu Ruitai New Energy Materials Past Earnings Performance
Past criteria checks 1/6
Jiangsu Ruitai New Energy Materials has been growing earnings at an average annual rate of 4.3%, while the Electrical industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 5.2% per year. Jiangsu Ruitai New Energy Materials's return on equity is 3.1%, and it has net margins of 9.2%.
Key information
4.3%
Earnings growth rate
-8.1%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 5.2% |
| Return on equity | 3.1% |
| Net Margin | 9.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Jiangsu Ruitai New Energy Materials' (SZSE:301238) Problems Go Beyond Weak Profit
Nov 06
Beyond Lackluster Earnings: Potential Concerns For Jiangsu Ruitai New Energy Materials' (SZSE:301238) Shareholders
May 02Recent updates
Jiangsu Ruitai New Energy Materials' (SZSE:301238) Problems Go Beyond Weak Profit
Nov 06Earnings Not Telling The Story For Jiangsu Ruitai New Energy Materials Co., Ltd. (SZSE:301238) After Shares Rise 48%
Oct 09Capital Allocation Trends At Jiangsu Ruitai New Energy Materials (SZSE:301238) Aren't Ideal
Sep 27Pinning Down Jiangsu Ruitai New Energy Materials Co., Ltd.'s (SZSE:301238) P/E Is Difficult Right Now
Aug 20Jiangsu Ruitai New Energy Materials (SZSE:301238) Has A Pretty Healthy Balance Sheet
Jun 26Jiangsu Ruitai New Energy Materials' (SZSE:301238) Dividend Will Be Increased To CN¥0.20
May 30Be Wary Of Jiangsu Ruitai New Energy Materials (SZSE:301238) And Its Returns On Capital
May 29Beyond Lackluster Earnings: Potential Concerns For Jiangsu Ruitai New Energy Materials' (SZSE:301238) Shareholders
May 02Jiangsu Ruitai New Energy Materials (SZSE:301238) Will Want To Turn Around Its Return Trends
Feb 26Revenue & Expenses Breakdown
How Jiangsu Ruitai New Energy Materials 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 | 2,250 | 207 | 147 | 74 |
| 30 Jun 24 | 2,702 | 294 | 136 | 75 |
| 31 Mar 24 | 3,152 | 379 | 134 | 79 |
| 31 Dec 23 | 3,718 | 466 | 151 | 88 |
| 30 Sep 23 | 4,409 | 524 | 131 | 99 |
| 30 Jun 23 | 4,854 | 559 | 149 | 111 |
| 31 Mar 23 | 5,249 | 619 | 128 | 122 |
| 01 Jan 23 | 6,135 | 777 | 124 | 127 |
| 30 Sep 22 | 6,514 | 877 | 156 | 139 |
| 30 Jun 22 | 6,775 | 930 | 162 | 143 |
| 31 Mar 22 | 6,322 | 805 | 192 | 132 |
| 01 Jan 22 | 5,203 | 602 | 190 | 123 |
| 01 Oct 21 | 4,047 | 453 | 112 | 98 |
| 30 Jun 21 | 2,892 | 304 | 108 | 73 |
| 31 Mar 21 | 2,353 | 281 | 99 | 65 |
| 31 Dec 20 | 1,815 | 257 | 90 | 58 |
| 31 Dec 19 | 1,657 | 177 | 103 | 68 |
| 31 Dec 18 | 1,295 | 90 | 131 | 52 |
| 31 Dec 17 | 1,145 | 164 | 52 | 50 |
Quality Earnings: 301238 has a high level of non-cash earnings.
Growing Profit Margin: 301238's current net profit margins (9.2%) are lower than last year (11.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301238's earnings have grown by 4.3% per year over the past 5 years.
Accelerating Growth: 301238's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301238 had negative earnings growth (-60.5%) over the past year, making it difficult to compare to the Electrical industry average (1.1%).
Return on Equity
High ROE: 301238's Return on Equity (3.1%) is considered low.