Qinghai Jinrui Mineral Development Past Earnings Performance
Past criteria checks 1/6
Qinghai Jinrui Mineral Development has been growing earnings at an average annual rate of 23%, while the Oil and Gas industry saw earnings growing at 21.5% annually. Revenues have been growing at an average rate of 15.5% per year. Qinghai Jinrui Mineral Development's return on equity is 0.9%, and it has net margins of 2.3%.
Key information
23.0%
Earnings growth rate
22.4%
EPS growth rate
| Oil and Gas Industry Growth | 25.6% |
| Revenue growth rate | 15.5% |
| Return on equity | 0.9% |
| Net Margin | 2.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Qinghai Jinrui Mineral Development 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 | 291 | 7 | 33 | 3 |
| 31 Dec 23 | 275 | 8 | 33 | 3 |
| 30 Sep 23 | 253 | 6 | 31 | 4 |
| 30 Jun 23 | 265 | 7 | 30 | 8 |
| 31 Mar 23 | 308 | 26 | 30 | 10 |
| 31 Dec 22 | 372 | 55 | 30 | 11 |
| 30 Sep 22 | 426 | 85 | 31 | 10 |
| 30 Jun 22 | 449 | 111 | 36 | 8 |
| 31 Mar 22 | 431 | 107 | 37 | 5 |
| 31 Dec 21 | 361 | 77 | 36 | 5 |
| 30 Sep 21 | 292 | 54 | 28 | 5 |
| 30 Jun 21 | 241 | 25 | 24 | 5 |
| 31 Mar 21 | 185 | 9 | 23 | 5 |
| 31 Dec 20 | 163 | 4 | 22 | 6 |
| 30 Sep 20 | 155 | -10 | 30 | 8 |
| 30 Jun 20 | 139 | -12 | 29 | 9 |
| 31 Mar 20 | 139 | -11 | 29 | 8 |
| 31 Dec 19 | 167 | -9 | 29 | 6 |
| 30 Sep 19 | 190 | 8 | 31 | 3 |
| 30 Jun 19 | 188 | 17 | 29 | 2 |
| 31 Mar 19 | 184 | 17 | 27 | 1 |
| 31 Dec 18 | 157 | 23 | 26 | 1 |
| 30 Sep 18 | 124 | 19 | 21 | 1 |
| 30 Jun 18 | 120 | 10 | 20 | 2 |
| 31 Mar 18 | 112 | 6 | 10 | 2 |
| 31 Dec 17 | 91 | 12 | 10 | 1 |
| 30 Sep 17 | 84 | -31 | 21 | 1 |
| 30 Jun 17 | 83 | 113 | 33 | 0 |
| 31 Mar 17 | 102 | 82 | 51 | 0 |
| 31 Dec 16 | 133 | 58 | 65 | 0 |
| 30 Sep 16 | 164 | 79 | 68 | 0 |
| 30 Jun 16 | 222 | -66 | 65 | 0 |
| 31 Mar 16 | 252 | -51 | 73 | 0 |
| 31 Dec 15 | 328 | -36 | 68 | 0 |
| 30 Sep 15 | 378 | -17 | 63 | 0 |
| 30 Jun 15 | 375 | -16 | 67 | 0 |
| 31 Mar 15 | 410 | 5 | 62 | 0 |
| 31 Dec 14 | 427 | 7 | 72 | 0 |
| 30 Sep 14 | 472 | 15 | 68 | 0 |
| 30 Jun 14 | 482 | 17 | 68 | 0 |
| 31 Mar 14 | 559 | 21 | 79 | 0 |
| 31 Dec 13 | 570 | 23 | 81 | 0 |
| 30 Sep 13 | 566 | 24 | 93 | 0 |
| 30 Jun 13 | 624 | 20 | 101 | 0 |
Quality Earnings: 600714 has a large one-off gain of CN¥4.3M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 600714's current net profit margins (2.3%) are lower than last year (8.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600714's earnings have grown significantly by 23% per year over the past 5 years.
Accelerating Growth: 600714's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 600714 had negative earnings growth (-74.3%) over the past year, making it difficult to compare to the Oil and Gas industry average (-28.6%).
Return on Equity
High ROE: 600714's Return on Equity (0.9%) is considered low.