Shenzhen Jove Enterprise Past Earnings Performance
Past criteria checks 0/6
Shenzhen Jove Enterprise's earnings have been declining at an average annual rate of -18.1%, while the Electronic industry saw earnings growing at 6.4% annually. Revenues have been growing at an average rate of 2.3% per year. Shenzhen Jove Enterprise's return on equity is 2%, and it has net margins of 1.9%.
Key information
-18.1%
Earnings growth rate
-36.3%
EPS growth rate
| Electronic Industry Growth | 10.9% |
| Revenue growth rate | 2.3% |
| Return on equity | 2.0% |
| Net Margin | 1.9% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses Breakdown
How Shenzhen Jove Enterprise 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 | 1,225 | 23 | 59 | 53 |
| 31 Dec 23 | 1,241 | 26 | 57 | 54 |
| 30 Sep 23 | 1,327 | 60 | 59 | 63 |
| 30 Jun 23 | 1,426 | 76 | 58 | 69 |
| 31 Mar 23 | 1,476 | 93 | 57 | 72 |
| 01 Jan 23 | 1,537 | 99 | 55 | 74 |
| 30 Sep 22 | 1,585 | 93 | 52 | 74 |
| 30 Jun 22 | 1,580 | 99 | 55 | 70 |
| 31 Mar 22 | 1,546 | 99 | 58 | 66 |
| 01 Jan 22 | 1,440 | 96 | 59 | 65 |
| 30 Sep 21 | 1,252 | 93 | 44 | 61 |
| 30 Jun 21 | 1,148 | 94 | 41 | 58 |
| 31 Mar 21 | 1,080 | 95 | 39 | 58 |
| 31 Dec 20 | 1,082 | 103 | 40 | 55 |
| 31 Dec 19 | 1,117 | 93 | 72 | 63 |
| 31 Dec 18 | 868 | 84 | 48 | 50 |
| 31 Dec 17 | 760 | 49 | 39 | 36 |
Quality Earnings: 300814 has a large one-off gain of CN¥3.5M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 300814's current net profit margins (1.9%) are lower than last year (6.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300814's earnings have declined by 18.1% per year over the past 5 years.
Accelerating Growth: 300814's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 300814 had negative earnings growth (-75.1%) over the past year, making it difficult to compare to the Electronic industry average (-7.7%).
Return on Equity
High ROE: 300814's Return on Equity (2%) is considered low.