Jiangxi Salt Industry Group Past Earnings Performance

Past criteria checks 4/6

Jiangxi Salt Industry Group has been growing earnings at an average annual rate of 28.8%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 13.9% per year. Jiangxi Salt Industry Group's return on equity is 12%, and it has net margins of 18.5%.

Key information

28.8%

Earnings growth rate

22.4%

EPS growth rate

Chemicals Industry Growth	12.1%
Revenue growth rate	13.9%
Return on equity	12.0%
Net Margin	18.5%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

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

XSSC:601065 Revenue, expenses and earnings (CNY Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Sep 24	2,689	497	283	98
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 (18.5%) are higher than last year (14.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 601065's earnings have grown significantly by 28.8% per year over the past 5 years.

Accelerating Growth: 601065's earnings growth over the past year (14.2%) is below its 5-year average (28.8% per year).

Earnings vs Industry: 601065 earnings growth over the past year (14.2%) exceeded the Chemicals industry -4.7%.

Return on Equity

High ROE: 601065's Return on Equity (12%) 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	2024/12/21 01:12
End of Day Share Price	2024/12/20 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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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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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

Jiangxi Salt Industry Group Co., Ltd is covered by 0 analysts. 0 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