Jiiangsu Times Textile TechnologyLTD Past Earnings Performance
Past criteria checks 3/6
Jiiangsu Times Textile TechnologyLTD's earnings have been declining at an average annual rate of -8.6%, while the Luxury industry saw earnings growing at 1.5% annually. Revenues have been declining at an average rate of 1% per year. Jiiangsu Times Textile TechnologyLTD's return on equity is 8.7%, and it has net margins of 9.5%.
Key information
-8.6%
Earnings growth rate
-17.6%
EPS growth rate
| Luxury Industry Growth | 2.8% |
| Revenue growth rate | -1.0% |
| Return on equity | 8.7% |
| Net Margin | 9.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Jiiangsu Times Textile 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 |
|---|---|---|---|---|
| 31 Mar 24 | 850 | 81 | 51 | 37 |
| 31 Dec 23 | 799 | 65 | 51 | 35 |
| 30 Sep 23 | 740 | 58 | 49 | 33 |
| 30 Jun 23 | 738 | 60 | 50 | 34 |
| 31 Mar 23 | 723 | 65 | 48 | 34 |
| 31 Dec 22 | 742 | 77 | 46 | 34 |
| 30 Sep 22 | 820 | 89 | 52 | 35 |
| 30 Jun 22 | 828 | 98 | 47 | 33 |
| 31 Mar 22 | 867 | 102 | 48 | 31 |
| 01 Jan 22 | 869 | 98 | 48 | 30 |
| 31 Mar 21 | 736 | 82 | 49 | 33 |
| 31 Dec 20 | 694 | 82 | 36 | 26 |
| 31 Dec 19 | 791 | 93 | 38 | 29 |
| 31 Dec 18 | 755 | 99 | 36 | 25 |
Quality Earnings: 001234 has a high level of non-cash earnings.
Growing Profit Margin: 001234's current net profit margins (9.5%) are higher than last year (8.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 001234's earnings have declined by 8.6% per year over the past 5 years.
Accelerating Growth: 001234's earnings growth over the past year (24.9%) exceeds its 5-year average (-8.6% per year).
Earnings vs Industry: 001234 earnings growth over the past year (24.9%) exceeded the Luxury industry 22%.
Return on Equity
High ROE: 001234's Return on Equity (8.7%) is considered low.