Zhejiang Jiemei Electronic And Technology Past Earnings Performance
Past criteria checks 4/6
Zhejiang Jiemei Electronic And Technology has been growing earnings at an average annual rate of 2.2%, while the Packaging industry saw earnings declining at 0% annually. Revenues have been growing at an average rate of 6.8% per year. Zhejiang Jiemei Electronic And Technology's return on equity is 8.7%, and it has net margins of 14.6%.
Key information
2.2%
Earnings growth rate
0.9%
EPS growth rate
| Packaging Industry Growth | 4.0% |
| Revenue growth rate | 6.8% |
| Return on equity | 8.7% |
| Net Margin | 14.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Zhejiang Jiemei Electronic And Technology (SZSE:002859) May Have Issues Allocating Its Capital
Dec 08
Market Still Lacking Some Conviction On Zhejiang Jiemei Electronic And Technology Co., Ltd. (SZSE:002859)
Nov 17Zhejiang Jiemei Electronic And Technology (SZSE:002859) Has A Pretty Healthy Balance Sheet
Sep 08Zhejiang Jiemei Electronic And Technology (SZSE:002859) Is Reinvesting At Lower Rates Of Return
Aug 08The Price Is Right For Zhejiang Jiemei Electronic And Technology Co., Ltd. (SZSE:002859)
Jun 17Investors Could Be Concerned With Zhejiang Jiemei Electronic And Technology's (SZSE:002859) Returns On Capital
May 07Is Zhejiang Jiemei Electronic And Technology Co., Ltd. (SZSE:002859) Expensive For A Reason? A Look At Its Intrinsic Value
Mar 17Revenue & Expenses Breakdown
How Zhejiang Jiemei Electronic And Technology 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 | 1,787 | 260 | 183 | 141 |
| 30 Jun 24 | 1,699 | 277 | 182 | 113 |
| 31 Mar 24 | 1,684 | 285 | 188 | 110 |
| 31 Dec 23 | 1,572 | 256 | 179 | 93 |
| 30 Sep 23 | 1,435 | 189 | 181 | 96 |
| 30 Jun 23 | 1,302 | 157 | 169 | 87 |
| 31 Mar 23 | 1,281 | 165 | 166 | 75 |
| 01 Jan 23 | 1,301 | 166 | 161 | 93 |
| 30 Sep 22 | 1,396 | 209 | 108 | 112 |
| 30 Jun 22 | 1,599 | 276 | 123 | 122 |
| 31 Mar 22 | 1,752 | 327 | 128 | 127 |
| 01 Jan 22 | 1,861 | 389 | 139 | 111 |
| 30 Sep 21 | 1,886 | 407 | 185 | 103 |
| 30 Jun 21 | 1,777 | 367 | 173 | 89 |
| 31 Mar 21 | 1,588 | 336 | 152 | 82 |
| 31 Dec 20 | 1,426 | 289 | 145 | 78 |
| 30 Sep 20 | 1,290 | 234 | 143 | 75 |
| 30 Jun 20 | 1,190 | 209 | 144 | 78 |
| 31 Mar 20 | 1,033 | 147 | 136 | 72 |
| 31 Dec 19 | 949 | 118 | 117 | 71 |
| 30 Sep 19 | 965 | 167 | 103 | 67 |
| 30 Jun 19 | 1,095 | 224 | 99 | 61 |
| 31 Mar 19 | 1,241 | 264 | 109 | 66 |
| 31 Dec 18 | 1,311 | 275 | 119 | 64 |
| 30 Sep 18 | 1,304 | 269 | 129 | 63 |
| 30 Jun 18 | 1,157 | 221 | 100 | 80 |
| 31 Mar 18 | 1,070 | 200 | 101 | 62 |
| 31 Dec 17 | 996 | 196 | 110 | 48 |
| 30 Sep 17 | 923 | 179 | 109 | 33 |
| 30 Jun 17 | 861 | 165 | 139 | 0 |
| 31 Mar 17 | 804 | 146 | 136 | 0 |
| 31 Dec 16 | 753 | 138 | 125 | 0 |
| 31 Dec 15 | 590 | 89 | 107 | 0 |
| 31 Dec 14 | 519 | 56 | 99 | 0 |
| 31 Dec 13 | 414 | 42 | 73 | 0 |
Quality Earnings: 002859 has a high level of non-cash earnings.
Growing Profit Margin: 002859's current net profit margins (14.6%) are higher than last year (13.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002859's earnings have grown by 2.2% per year over the past 5 years.
Accelerating Growth: 002859's earnings growth over the past year (38.1%) exceeds its 5-year average (2.2% per year).
Earnings vs Industry: 002859 earnings growth over the past year (38.1%) exceeded the Packaging industry 18.4%.
Return on Equity
High ROE: 002859's Return on Equity (8.7%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 20:48 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zhejiang Jiemei Electronic And Technology Co., Ltd. is covered by 16 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Feng Gao | China Galaxy Securities Co., Ltd. |
| Fan Yan | China Merchants Securities Co. Ltd. |
| Wang Zhe | Citic Securities Co., Ltd. |