Zhejiang Jiecang Linear Motion Technology Co.,Ltd.

SHSE:603583 Stock Report

Market Cap: CN¥9.9b

Zhejiang Jiecang Linear Motion TechnologyLtd Past Earnings Performance

Past criteria checks 4/6

Zhejiang Jiecang Linear Motion TechnologyLtd's earnings have been declining at an average annual rate of -6%, while the Electronic industry saw earnings growing at 3.9% annually. Revenues have been growing at an average rate of 17.3% per year. Zhejiang Jiecang Linear Motion TechnologyLtd's return on equity is 7.1%, and it has net margins of 8.9%.

Key information

-6.0%

Earnings growth rate

-8.7%

EPS growth rate

Electronic Industry Growth10.9%
Revenue growth rate17.3%
Return on equity7.1%
Net Margin8.9%
Last Earnings Update30 Sep 2024

Recent past performance updates

Shareholders Will Be Pleased With The Quality of Zhejiang Jiecang Linear Motion TechnologyLtd's (SHSE:603583) Earnings

Nov 04
Shareholders Will Be Pleased With The Quality of Zhejiang Jiecang Linear Motion TechnologyLtd's (SHSE:603583) Earnings

There May Be Some Bright Spots In Zhejiang Jiecang Linear Motion TechnologyLtd's (SHSE:603583) Earnings

May 01
There May Be Some Bright Spots In Zhejiang Jiecang Linear Motion TechnologyLtd's (SHSE:603583) Earnings

Recent updates

Here's What's Concerning About Zhejiang Jiecang Linear Motion TechnologyLtd's (SHSE:603583) Returns On Capital

Dec 19
Here's What's Concerning About Zhejiang Jiecang Linear Motion TechnologyLtd's (SHSE:603583) Returns On Capital

Why Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583) Could Be Worth Watching

Nov 27
Why Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583) Could Be Worth Watching

Even With A 25% Surge, Cautious Investors Are Not Rewarding Zhejiang Jiecang Linear Motion Technology Co.,Ltd.'s (SHSE:603583) Performance Completely

Nov 12
Even With A 25% Surge, Cautious Investors Are Not Rewarding Zhejiang Jiecang Linear Motion Technology Co.,Ltd.'s (SHSE:603583) Performance Completely

Shareholders Will Be Pleased With The Quality of Zhejiang Jiecang Linear Motion TechnologyLtd's (SHSE:603583) Earnings

Nov 04
Shareholders Will Be Pleased With The Quality of Zhejiang Jiecang Linear Motion TechnologyLtd's (SHSE:603583) Earnings

Investors Continue Waiting On Sidelines For Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583)

Sep 12
Investors Continue Waiting On Sidelines For Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583)

Here's What's Concerning About Zhejiang Jiecang Linear Motion TechnologyLtd's (SHSE:603583) Returns On Capital

Aug 08
Here's What's Concerning About Zhejiang Jiecang Linear Motion TechnologyLtd's (SHSE:603583) Returns On Capital

Is Zhejiang Jiecang Linear Motion TechnologyLtd (SHSE:603583) A Risky Investment?

Jun 06
Is Zhejiang Jiecang Linear Motion TechnologyLtd (SHSE:603583) A Risky Investment?

There May Be Some Bright Spots In Zhejiang Jiecang Linear Motion TechnologyLtd's (SHSE:603583) Earnings

May 01
There May Be Some Bright Spots In Zhejiang Jiecang Linear Motion TechnologyLtd's (SHSE:603583) Earnings

Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583) Looks Just Right With A 26% Price Jump

Apr 25
Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583) Looks Just Right With A 26% Price Jump

Is There Now An Opportunity In Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583)?

Apr 12
Is There Now An Opportunity In Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583)?

The Market Lifts Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583) Shares 30% But It Can Do More

Mar 06
The Market Lifts Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583) Shares 30% But It Can Do More

Zhejiang Jiecang Linear Motion TechnologyLtd (SHSE:603583) Will Be Hoping To Turn Its Returns On Capital Around

Feb 28
Zhejiang Jiecang Linear Motion TechnologyLtd (SHSE:603583) Will Be Hoping To Turn Its Returns On Capital Around

Revenue & Expenses Breakdown

How Zhejiang Jiecang Linear Motion TechnologyLtd makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SHSE:603583 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 243,501311441226
30 Jun 243,307310423215
31 Mar 243,208262408212
31 Dec 233,034206400208
30 Sep 232,974230384212
30 Jun 232,870225376221
31 Mar 232,834265378223
31 Dec 223,007328361224
30 Sep 223,006352364219
30 Jun 223,069304401219
31 Mar 222,893282354205
31 Dec 212,637270333186
30 Sep 212,280262250167
30 Jun 212,030313184129
31 Mar 211,979415187118
31 Dec 201,868405187102
30 Sep 201,74840717992
30 Jun 201,60438016592
31 Mar 201,46727917384
31 Dec 191,40828416082
30 Sep 191,39231918262
30 Jun 191,28829916963
31 Mar 191,21527113664
31 Dec 181,11625413649
30 Sep 1895720710171
30 Jun 1886419110052
31 Mar 1872316410231
31 Dec 176951589631
30 Sep 176031399412
30 Jun 175671297825
31 Mar 17536129970
31 Dec 165061296625
30 Sep 164791285828
30 Jun 16451128830
31 Mar 16408114720
31 Dec 15366994416
30 Sep 1532983530
30 Jun 1529366440
31 Mar 1525553400
31 Dec 1421840350
30 Sep 1418735300
30 Jun 1415629260
31 Mar 1413522240
31 Dec 1311416210

Quality Earnings: 603583 has high quality earnings.

Growing Profit Margin: 603583's current net profit margins (8.9%) are higher than last year (7.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 603583's earnings have declined by 6% per year over the past 5 years.

Accelerating Growth: 603583's earnings growth over the past year (35.3%) exceeds its 5-year average (-6% per year).

Earnings vs Industry: 603583 earnings growth over the past year (35.3%) exceeded the Electronic industry 1.9%.

Return on Equity

High ROE: 603583's Return on Equity (7.1%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 10:01
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Jiecang Linear Motion Technology Co.,Ltd. is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jian DingChina International Capital Corporation Limited
Haibo LiuCitic Securities Co., Ltd.
Xiang HuangCredit Suisse