Jiangxi First Hydraulic Past Earnings Performance
Past criteria checks 1/6
Jiangxi First Hydraulic has been growing earnings at an average annual rate of 14.6%, while the Machinery industry saw earnings growing at 9.6% annually. Revenues have been declining at an average rate of 12.4% per year. Jiangxi First Hydraulic's return on equity is 6.8%, and it has net margins of 18%.
Key information
14.6%
Earnings growth rate
-60.6%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | -12.4% |
| Return on equity | 6.8% |
| Net Margin | 18.0% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses Breakdown
How Jiangxi First Hydraulic 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 | 412 | 74 | 67 | 18 |
| 31 Dec 23 | 419 | 78 | 65 | 18 |
| 30 Sep 23 | 457 | 156 | 61 | 21 |
| 30 Jun 23 | 475 | 152 | 57 | 19 |
| 31 Mar 23 | 470 | 154 | 56 | 19 |
| 01 Jan 23 | 465 | 155 | 56 | 19 |
| 31 Dec 21 | 505 | 101 | 63 | 20 |
| 31 Dec 20 | 390 | 82 | 51 | 16 |
| 31 Dec 19 | 123 | 38 | 27 | 6 |
Quality Earnings: 301446 has a large one-off gain of CN¥14.9M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 301446's current net profit margins (18%) are lower than last year (32.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301446's earnings have grown by 14.6% per year over the past 5 years.
Accelerating Growth: 301446's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301446 had negative earnings growth (-51.9%) over the past year, making it difficult to compare to the Machinery industry average (2.5%).
Return on Equity
High ROE: 301446's Return on Equity (6.8%) is considered low.