Jiangxi Salt Industry Group Past Earnings Performance
Past criteria checks 5/6
Jiangxi Salt Industry Group has been growing earnings at an average annual rate of 31.3%, while the Chemicals industry saw earnings growing at 6.2% annually. Revenues have been declining at an average rate of 0.4% per year. Jiangxi Salt Industry Group's return on equity is 12.9%, and it has net margins of 18.6%.
Key information
31.3%
Earnings growth rate
25.3%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | -0.4% |
| Return on equity | 12.9% |
| Net Margin | 18.6% |
| Last Earnings Update | 30 Jun 2024 |
Revenue & Expenses Breakdown
How Jiangxi Salt Industry Group 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 Jun 24 | 2,838 | 528 | 311 | 104 |
| 31 Mar 24 | 2,820 | 495 | 310 | 110 |
| 31 Dec 23 | 2,888 | 495 | 316 | 109 |
| 30 Sep 23 | 3,013 | 435 | 332 | 107 |
| 30 Jun 23 | 2,851 | 398 | 304 | 95 |
| 31 Mar 23 | 3,020 | 478 | 301 | 90 |
| 31 Dec 22 | 2,936 | 421 | 295 | 94 |
| 30 Sep 22 | 2,796 | 417 | 295 | 91 |
| 30 Jun 22 | 2,877 | 412 | 306 | 85 |
| 31 Mar 22 | 2,370 | 249 | 285 | 75 |
| 31 Dec 21 | 2,055 | 182 | 266 | 64 |
| 31 Dec 20 | 1,295 | 142 | 206 | 39 |
| 31 Dec 19 | 1,382 | 40 | 317 | 37 |
| 31 Dec 18 | 934 | 55 | 277 | 23 |
Quality Earnings: 601065 has high quality earnings.
Growing Profit Margin: 601065's current net profit margins (18.6%) are higher than last year (14%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 601065's earnings have grown significantly by 31.3% per year over the past 5 years.
Accelerating Growth: 601065's earnings growth over the past year (32.6%) exceeds its 5-year average (31.3% per year).
Earnings vs Industry: 601065 earnings growth over the past year (32.6%) exceeded the Chemicals industry -4.8%.
Return on Equity
High ROE: 601065's Return on Equity (12.9%) is considered low.