Jiangxi Welgao Electronics Past Earnings Performance
Past criteria checks 1/6
Jiangxi Welgao Electronics has been growing earnings at an average annual rate of 17.4%, while the Electronic industry saw earnings growing at 3.9% annually. Revenues have been growing at an average rate of 13.9% per year. Jiangxi Welgao Electronics's return on equity is 4%, and it has net margins of 6.3%.
Key information
17.4%
Earnings growth rate
-8.3%
EPS growth rate
| Electronic Industry Growth | 10.9% |
| Revenue growth rate | 13.9% |
| Return on equity | 4.0% |
| Net Margin | 6.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Why Jiangxi Welgao Electronics' (SZSE:301251) Soft Earnings Are Just The Beginning Of Its Problems
Nov 01
Solid Earnings May Not Tell The Whole Story For Jiangxi Welgao Electronics (SZSE:301251)
Apr 29Recent updates
Subdued Growth No Barrier To Jiangxi Welgao Electronics Co., Ltd. (SZSE:301251) With Shares Advancing 28%
Nov 11Why Jiangxi Welgao Electronics' (SZSE:301251) Soft Earnings Are Just The Beginning Of Its Problems
Nov 01Investors Could Be Concerned With Jiangxi Welgao Electronics' (SZSE:301251) Returns On Capital
Oct 24These 4 Measures Indicate That Jiangxi Welgao Electronics (SZSE:301251) Is Using Debt Extensively
Jul 18Solid Earnings May Not Tell The Whole Story For Jiangxi Welgao Electronics (SZSE:301251)
Apr 29Does Jiangxi Welgao Electronics (SZSE:301251) Have A Healthy Balance Sheet?
Mar 07Revenue & Expenses Breakdown
How Jiangxi Welgao Electronics 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 24 | 960 | 60 | 78 | 43 |
| 30 Jun 24 | 871 | 77 | 68 | 40 |
| 31 Mar 24 | 843 | 87 | 61 | 39 |
| 31 Dec 23 | 823 | 90 | 54 | 37 |
| 30 Sep 23 | 813 | 102 | 50 | 35 |
| 01 Jan 23 | 837 | 88 | 47 | 35 |
| 31 Dec 21 | 861 | 62 | 46 | 35 |
| 31 Dec 20 | 524 | 49 | 31 | 23 |
| 31 Dec 19 | 331 | 16 | 26 | 16 |
Quality Earnings: 301251 has a high level of non-cash earnings.
Growing Profit Margin: 301251's current net profit margins (6.3%) are lower than last year (12.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301251's earnings have grown by 17.4% per year over the past 5 years.
Accelerating Growth: 301251's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301251 had negative earnings growth (-40.6%) over the past year, making it difficult to compare to the Electronic industry average (1.8%).
Return on Equity
High ROE: 301251's Return on Equity (4%) is considered low.