China National Gold Group Gold JewelleryLtd Past Earnings Performance
Past criteria checks 4/6
China National Gold Group Gold JewelleryLtd has been growing earnings at an average annual rate of 14.7%, while the Luxury industry saw earnings growing at 1.5% annually. Revenues have been growing at an average rate of 7.9% per year. China National Gold Group Gold JewelleryLtd's return on equity is 13.3%, and it has net margins of 1.8%.
Key information
14.7%
Earnings growth rate
11.9%
EPS growth rate
| Luxury Industry Growth | 2.8% |
| Revenue growth rate | 7.9% |
| Return on equity | 13.3% |
| Net Margin | 1.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How China National Gold Group Gold JewelleryLtd 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 | 58,476 | 1,037 | 713 | 24 |
| 31 Dec 23 | 56,364 | 973 | 687 | 27 |
| 30 Sep 23 | 52,748 | 892 | 640 | 28 |
| 30 Jun 23 | 51,361 | 863 | 590 | 28 |
| 31 Mar 23 | 48,896 | 814 | 600 | 32 |
| 31 Dec 22 | 47,124 | 765 | 610 | 28 |
| 30 Sep 22 | 49,528 | 850 | 603 | 30 |
| 30 Jun 22 | 49,488 | 831 | 652 | 25 |
| 31 Mar 22 | 51,825 | 840 | 626 | 17 |
| 31 Dec 21 | 50,758 | 794 | 606 | 15 |
| 30 Sep 21 | 47,380 | 729 | 586 | 5 |
| 30 Jun 21 | 44,934 | 763 | 553 | 5 |
| 31 Mar 21 | 40,604 | 798 | 514 | 6 |
| 31 Dec 20 | 33,788 | 500 | 484 | 5 |
| 30 Sep 20 | 34,785 | 536 | 554 | 9 |
| 31 Dec 19 | 38,274 | 451 | 557 | 9 |
| 31 Dec 18 | 40,911 | 362 | 431 | 3 |
| 31 Dec 17 | 28,248 | 299 | 372 | 4 |
| 31 Dec 16 | 26,731 | 181 | 390 | 3 |
Quality Earnings: 600916 has a large one-off loss of CN¥416.4M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 600916's current net profit margins (1.8%) are higher than last year (1.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600916's earnings have grown by 14.7% per year over the past 5 years.
Accelerating Growth: 600916's earnings growth over the past year (27.4%) exceeds its 5-year average (14.7% per year).
Earnings vs Industry: 600916 earnings growth over the past year (27.4%) exceeded the Luxury industry 22%.
Return on Equity
High ROE: 600916's Return on Equity (13.3%) is considered low.