Jiangsu Favored Nanotechnology Past Earnings Performance
Past criteria checks 1/6
Jiangsu Favored Nanotechnology's earnings have been declining at an average annual rate of -50.3%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 9.2% per year. Jiangsu Favored Nanotechnology's return on equity is 1%, and it has net margins of 4.3%.
Key information
-50.3%
Earnings growth rate
-119.0%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 9.2% |
| Return on equity | 1.0% |
| Net Margin | 4.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Jiangsu Favored Nanotechnology (SHSE:688371) Is Posting Healthy Earnings, But It Is Not All Good News
Nov 07
Revenues Tell The Story For Jiangsu Favored Nanotechnology Co., Ltd (SHSE:688371) As Its Stock Soars 31%
Nov 06Jiangsu Favored Nanotechnology Co., Ltd (SHSE:688371) Stocks Shoot Up 35% But Its P/S Still Looks Reasonable
Mar 07Revenue & Expenses Breakdown
How Jiangsu Favored Nanotechnology 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 | 443 | 19 | 135 | 87 |
| 30 Jun 24 | 403 | -5 | 149 | 85 |
| 31 Mar 24 | 344 | -26 | 153 | 89 |
| 31 Dec 23 | 309 | -42 | 154 | 86 |
| 30 Sep 23 | 317 | -18 | 144 | 78 |
| 30 Jun 23 | 328 | 7 | 143 | 69 |
| 31 Mar 23 | 357 | 15 | 145 | 57 |
| 31 Dec 22 | 396 | 33 | 150 | 51 |
| 30 Sep 22 | 470 | 42 | 148 | 46 |
| 30 Jun 22 | 478 | 43 | 140 | 44 |
| 31 Mar 22 | 445 | 42 | 135 | 43 |
| 31 Dec 21 | 410 | 39 | 129 | 40 |
| 31 Dec 20 | 238 | 56 | 68 | 37 |
| 31 Dec 19 | 143 | 32 | 52 | 17 |
| 31 Dec 18 | 70 | 15 | 19 | 9 |
Quality Earnings: 688371 has a high level of non-cash earnings.
Growing Profit Margin: 688371 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688371's earnings have declined by 50.3% per year over the past 5 years.
Accelerating Growth: 688371 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 688371 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (-5.3%).
Return on Equity
High ROE: 688371's Return on Equity (1%) is considered low.