Zhejiang Jiaxin Silk Corp.,Ltd.

SZSE:002404 Stock Report

Market Cap: CN¥4.0b

Zhejiang Jiaxin SilkLtd Past Earnings Performance

Past criteria checks 2/6

Zhejiang Jiaxin SilkLtd has been growing earnings at an average annual rate of 8.1%, while the Luxury industry saw earnings growing at 2.8% annually. Revenues have been growing at an average rate of 10.1% per year. Zhejiang Jiaxin SilkLtd's return on equity is 10.3%, and it has net margins of 4.3%.

Key information

8.1%

Earnings growth rate

8.6%

EPS growth rate

Luxury Industry Growth2.8%
Revenue growth rate10.1%
Return on equity10.3%
Net Margin4.3%
Last Earnings Update30 Sep 2024

Recent past performance updates

Zhejiang Jiaxin SilkLtd's (SZSE:002404) Solid Earnings Have Been Accounted For Conservatively

Nov 04
Zhejiang Jiaxin SilkLtd's (SZSE:002404) Solid Earnings Have Been Accounted For Conservatively

Recent updates

Zhejiang Jiaxin SilkLtd's (SZSE:002404) Solid Earnings Have Been Accounted For Conservatively

Nov 04
Zhejiang Jiaxin SilkLtd's (SZSE:002404) Solid Earnings Have Been Accounted For Conservatively

Zhejiang Jiaxin Silk Corp.,Ltd. (SZSE:002404) Surges 25% Yet Its Low P/E Is No Reason For Excitement

May 22
Zhejiang Jiaxin Silk Corp.,Ltd. (SZSE:002404) Surges 25% Yet Its Low P/E Is No Reason For Excitement

Revenue & Expenses Breakdown

How Zhejiang Jiaxin SilkLtd makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:002404 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 244,65220033167
30 Jun 244,56620532966
31 Mar 244,50421333064
31 Dec 234,29921733162
30 Sep 234,23020032162
30 Jun 234,32023532660
31 Mar 234,23725531459
01 Jan 234,32823032660
30 Sep 224,43424829259
30 Jun 224,25518528858
31 Mar 224,00816727756
01 Jan 223,69713126854
30 Sep 213,31012723256
30 Jun 212,96320123055
31 Mar 212,72915822353
31 Dec 202,60319523949
30 Sep 202,74018928543
30 Jun 202,96113929042
31 Mar 203,15414529944
31 Dec 193,43815831843
30 Sep 193,39816030844
30 Jun 193,34415330442
31 Mar 193,33215329937
31 Dec 183,18114428536
30 Sep 183,08612627234
30 Jun 183,06312025949
31 Mar 182,96212226540
31 Dec 172,77311227231
30 Sep 172,63812228823
30 Jun 172,4401203010
31 Mar 172,2731053130
31 Dec 162,2541003110
30 Sep 162,187673220
30 Jun 162,130623270
31 Mar 162,096633160
31 Dec 152,014583140
30 Sep 152,044643040
30 Jun 152,022742960
31 Mar 152,050783100
31 Dec 142,006772960
30 Sep 141,936822690
30 Jun 141,868812640
31 Mar 141,819802520
31 Dec 131,813802520

Quality Earnings: 002404 has high quality earnings.

Growing Profit Margin: 002404's current net profit margins (4.3%) are lower than last year (4.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 002404's earnings have grown by 8.1% per year over the past 5 years.

Accelerating Growth: 002404's earnings growth over the past year (0.3%) is below its 5-year average (8.1% per year).

Earnings vs Industry: 002404 earnings growth over the past year (0.3%) did not outperform the Luxury industry 3.3%.


Return on Equity

High ROE: 002404's Return on Equity (10.3%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 08:26
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Zhejiang Jiaxin Silk Corp.,Ltd. is covered by 7 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Xu Qing LiuChasing Securities
Yunfeng LiuChina Stock Investment Research Co. Ltd. (GZ500..com)
Jie LiEverbright Securities Co. Ltd.