Jiangsu Lettall ElectronicLtd Past Earnings Performance
Past criteria checks 1/6
Jiangsu Lettall ElectronicLtd's earnings have been declining at an average annual rate of -5%, while the Electronic industry saw earnings growing at 6% annually. Revenues have been growing at an average rate of 5.9% per year. Jiangsu Lettall ElectronicLtd's return on equity is 3.5%, and it has net margins of 3.1%.
Key information
-5.0%
Earnings growth rate
-10.2%
EPS growth rate
| Electronic Industry Growth | 10.9% |
| Revenue growth rate | 5.9% |
| Return on equity | 3.5% |
| Net Margin | 3.1% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How Jiangsu Lettall ElectronicLtd 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 Mar 24 | 1,891 | 59 | 179 | 75 |
| 31 Dec 23 | 1,893 | 40 | 160 | 77 |
| 30 Sep 23 | 2,190 | 43 | 159 | 86 |
| 30 Jun 23 | 2,143 | 61 | 166 | 88 |
| 31 Mar 23 | 2,071 | 64 | 157 | 88 |
| 31 Dec 22 | 2,025 | 66 | 158 | 87 |
| 30 Sep 22 | 1,804 | 78 | 143 | 95 |
| 30 Jun 22 | 1,851 | 64 | 136 | 93 |
| 31 Mar 22 | 1,799 | 68 | 130 | 87 |
| 31 Dec 21 | 1,804 | 58 | 127 | 88 |
| 30 Sep 21 | 1,818 | 46 | 140 | 82 |
| 30 Jun 21 | 1,795 | 51 | 128 | 75 |
| 31 Mar 21 | 1,754 | 49 | 120 | 73 |
| 31 Dec 20 | 1,648 | 46 | 118 | 67 |
| 30 Sep 20 | 1,680 | 46 | 125 | 62 |
| 30 Jun 20 | 1,554 | 44 | 138 | 61 |
| 31 Mar 20 | 1,568 | 49 | 153 | 61 |
| 31 Dec 19 | 1,620 | 63 | 153 | 62 |
| 30 Sep 19 | 1,588 | 75 | 139 | 59 |
| 30 Jun 19 | 1,617 | 85 | 120 | 86 |
| 31 Mar 19 | 1,599 | 90 | 129 | 66 |
| 31 Dec 18 | 1,595 | 92 | 139 | 62 |
| 30 Sep 18 | 1,705 | 102 | 155 | 62 |
| 31 Dec 17 | 1,670 | 88 | 152 | 63 |
| 31 Dec 16 | 1,384 | 84 | 219 | 0 |
| 31 Dec 15 | 952 | 69 | 138 | 0 |
| 31 Dec 14 | 796 | 38 | 103 | 0 |
Quality Earnings: 603629 has a large one-off gain of CN¥12.8M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 603629's current net profit margins (3.1%) are higher than last year (3.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603629's earnings have declined by 5% per year over the past 5 years.
Accelerating Growth: 603629's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603629 had negative earnings growth (-7.7%) over the past year, making it difficult to compare to the Electronic industry average (-7.8%).
Return on Equity
High ROE: 603629's Return on Equity (3.5%) is considered low.