Zhejiang Ming Jewelry Past Earnings Performance
Past criteria checks 2/6
Zhejiang Ming Jewelry has been growing earnings at an average annual rate of 7.4%, while the Luxury industry saw earnings growing at 2.8% annually. Revenues have been growing at an average rate of 7.6% per year. Zhejiang Ming Jewelry's return on equity is 1.9%, and it has net margins of 1.3%.
Key information
7.4%
Earnings growth rate
7.0%
EPS growth rate
| Luxury Industry Growth | 2.8% |
| Revenue growth rate | 7.6% |
| Return on equity | 1.9% |
| Net Margin | 1.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Zhejiang Ming Jewelry's (SZSE:002574) Performance Raises Some Questions
Nov 02
Statutory Earnings May Not Be The Best Way To Understand Zhejiang Ming Jewelry's (SZSE:002574) True Position
May 02Recent updates
Zhejiang Ming Jewelry's (SZSE:002574) Performance Raises Some Questions
Nov 02Zhejiang Ming Jewelry (SZSE:002574) May Have Issues Allocating Its Capital
Jun 07Statutory Earnings May Not Be The Best Way To Understand Zhejiang Ming Jewelry's (SZSE:002574) True Position
May 02Zhejiang Ming Jewelry Co., Ltd.'s (SZSE:002574) Shares Lagging The Industry But So Is The Business
Feb 27Revenue & Expenses Breakdown
How Zhejiang Ming Jewelry 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 |
|---|---|---|---|---|
| 30 Sep 24 | 4,228 | 56 | 408 | 20 |
| 30 Jun 24 | 4,201 | 105 | 416 | 14 |
| 31 Mar 24 | 4,063 | 134 | 423 | 15 |
| 31 Dec 23 | 3,937 | 159 | 412 | 3 |
| 30 Sep 23 | 3,916 | -116 | 392 | 0 |
| 30 Jun 23 | 3,826 | -132 | 373 | 1 |
| 31 Mar 23 | 3,528 | -153 | 342 | 1 |
| 01 Jan 23 | 3,474 | -163 | 333 | 1 |
| 30 Sep 22 | 3,491 | 70 | 335 | 2 |
| 30 Jun 22 | 3,381 | -187 | 323 | 2 |
| 31 Mar 22 | 3,701 | 146 | 326 | 2 |
| 01 Jan 22 | 3,582 | 137 | 326 | 2 |
| 30 Sep 21 | 3,379 | -157 | 305 | 1 |
| 30 Jun 21 | 3,246 | 90 | 302 | 1 |
| 31 Mar 21 | 2,800 | -239 | 305 | 1 |
| 31 Dec 20 | 2,510 | -257 | 286 | 2 |
| 30 Sep 20 | 2,502 | -4 | 301 | 4 |
| 30 Jun 20 | 2,598 | -1 | 287 | 4 |
| 31 Mar 20 | 2,963 | 24 | 291 | 4 |
| 31 Dec 19 | 3,429 | 58 | 310 | 5 |
| 30 Sep 19 | 3,597 | 97 | 314 | 4 |
| 30 Jun 19 | 3,824 | 104 | 321 | 4 |
| 31 Mar 19 | 4,075 | 97 | 303 | 4 |
| 31 Dec 18 | 4,094 | 91 | 295 | 4 |
| 30 Sep 18 | 4,059 | 90 | 286 | 3 |
| 30 Jun 18 | 4,194 | 92 | 269 | 4 |
| 31 Mar 18 | 3,823 | 103 | 278 | 3 |
| 31 Dec 17 | 3,686 | 87 | 268 | 2 |
| 30 Sep 17 | 3,652 | 75 | 284 | 2 |
| 30 Jun 17 | 3,262 | 58 | 276 | 0 |
| 31 Mar 17 | 3,186 | 37 | 278 | 0 |
| 31 Dec 16 | 3,350 | 44 | 273 | 0 |
| 30 Sep 16 | 3,535 | 38 | 260 | 0 |
| 30 Jun 16 | 3,931 | 37 | 270 | 0 |
| 31 Mar 16 | 4,499 | 41 | 263 | 0 |
| 31 Dec 15 | 5,240 | 61 | 267 | 0 |
| 30 Sep 15 | 5,534 | 84 | 254 | 0 |
| 30 Jun 15 | 5,762 | 116 | 252 | 0 |
| 31 Mar 15 | 6,031 | 158 | 250 | 0 |
| 31 Dec 14 | 6,842 | 200 | 245 | 0 |
| 30 Sep 14 | 6,899 | 197 | 250 | 0 |
| 30 Jun 14 | 7,789 | 202 | 260 | 0 |
| 31 Mar 14 | 8,982 | 153 | 262 | 0 |
| 31 Dec 13 | 8,558 | 83 | 271 | 0 |
Quality Earnings: 002574 has a high level of non-cash earnings.
Growing Profit Margin: 002574 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002574's earnings have grown by 7.4% per year over the past 5 years.
Accelerating Growth: 002574 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 002574 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (3.3%).
Return on Equity
High ROE: 002574's Return on Equity (1.9%) is considered low.