Zhejiang Jiaxin Silk Corp.,Ltd.

SZSE:002404 Stock Report

Market Cap: CN¥3.4b

Zhejiang Jiaxin SilkLtd Past Earnings Performance

Past criteria checks 2/6

Zhejiang Jiaxin SilkLtd has been growing earnings at an average annual rate of 9.3%, while the Luxury industry saw earnings growing at 1.3% annually. Revenues have been growing at an average rate of 8.8% per year. Zhejiang Jiaxin SilkLtd's return on equity is 10.6%, and it has net margins of 4.7%.

Key information

9.3%

Earnings growth rate

10.0%

EPS growth rate

Luxury Industry Growth2.8%
Revenue growth rate8.8%
Return on equity10.6%
Net Margin4.7%
Last Earnings Update31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

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
31 Mar 244,50421333564
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
30 Sep 131,780922440
30 Jun 131,816892420

Quality Earnings: 002404 has high quality earnings.

Growing Profit Margin: 002404's current net profit margins (4.7%) are lower than last year (6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 002404's earnings have grown by 9.3% per year over the past 5 years.

Accelerating Growth: 002404's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 002404 had negative earnings growth (-16.7%) over the past year, making it difficult to compare to the Luxury industry average (16.9%).


Return on Equity

High ROE: 002404's Return on Equity (10.6%) is considered low.


Return on Assets


Return on Capital Employed


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