Jiangxi GETO New Materials Past Earnings Performance
Past criteria checks 1/6
Jiangxi GETO New Materials has been growing earnings at an average annual rate of 6.8%, while the Metals and Mining industry saw earnings growing at 11.8% annually. Revenues have been growing at an average rate of 26.1% per year. Jiangxi GETO New Materials's return on equity is 3.5%, and it has net margins of 2.3%.
Key information
6.8%
Earnings growth rate
-1.6%
EPS growth rate
| Metals and Mining Industry Growth | 13.1% |
| Revenue growth rate | 26.1% |
| Return on equity | 3.5% |
| Net Margin | 2.3% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Jiangxi GETO New Materials 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 23 | 2,220 | 50 | 342 | 122 |
| 30 Jun 23 | 2,160 | 142 | 304 | 118 |
| 31 Mar 23 | 2,047 | 174 | 279 | 105 |
| 31 Dec 22 | 1,930 | 177 | 268 | 93 |
| 30 Sep 22 | 1,775 | 187 | 214 | 93 |
| 30 Jun 22 | 1,658 | 184 | 198 | 82 |
| 31 Mar 22 | 1,519 | 145 | 202 | 80 |
| 01 Jan 22 | 1,481 | 164 | 189 | 75 |
| 30 Sep 21 | 1,368 | 158 | 161 | 69 |
| 30 Jun 21 | 1,315 | 160 | 164 | 64 |
| 31 Mar 21 | 1,238 | 198 | 136 | 57 |
| 31 Dec 20 | 1,120 | 168 | 139 | 50 |
| 30 Jun 20 | 847 | 119 | 165 | 46 |
| 31 Mar 20 | 756 | 90 | 171 | 43 |
| 31 Dec 19 | 862 | 131 | 183 | 46 |
| 31 Dec 18 | 560 | 66 | 122 | 28 |
| 31 Dec 17 | 301 | 42 | 67 | 14 |
| 30 Jun 17 | 204 | 41 | 44 | 0 |
| 31 Mar 17 | 183 | 36 | 41 | 0 |
| 31 Dec 16 | 158 | 17 | 39 | 8 |
| 30 Sep 16 | 133 | 25 | 32 | 0 |
| 30 Jun 16 | 103 | 20 | 26 | 0 |
| 31 Mar 16 | 97 | 19 | 21 | 0 |
| 31 Dec 15 | 90 | 19 | 17 | 0 |
| 31 Dec 14 | 57 | 10 | 11 | 0 |
Quality Earnings: 300986 has a large one-off gain of CN¥78.2M impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: 300986's current net profit margins (2.3%) are lower than last year (10.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300986's earnings have grown by 6.8% per year over the past 5 years.
Accelerating Growth: 300986's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 300986 had negative earnings growth (-73.2%) over the past year, making it difficult to compare to the Metals and Mining industry average (-0.6%).
Return on Equity
High ROE: 300986's Return on Equity (3.5%) is considered low.