Zhejiang Jiemei Electronic And Technology Past Earnings Performance
Past criteria checks 4/6
Zhejiang Jiemei Electronic And Technology's earnings have been declining at an average annual rate of -0.01%, while the Packaging industry saw earnings growing at 1% annually. Revenues have been growing at an average rate of 6.1% per year. Zhejiang Jiemei Electronic And Technology's return on equity is 8.6%, and it has net margins of 16.3%.
Key information
-0.01%
Earnings growth rate
-0.5%
EPS growth rate
| Packaging Industry Growth | 4.0% |
| Revenue growth rate | 6.1% |
| Return on equity | 8.6% |
| Net Margin | 16.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 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 high quality earnings.
Growing Profit Margin: 002859's current net profit margins (16.3%) are higher than last year (12.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002859's earnings have declined by 0.01% per year over the past 5 years.
Accelerating Growth: 002859's earnings growth over the past year (53.7%) exceeds its 5-year average (-0.01% per year).
Earnings vs Industry: 002859 earnings growth over the past year (53.7%) exceeded the Packaging industry 5.2%.
Return on Equity
High ROE: 002859's Return on Equity (8.6%) is considered low.