Jiangxi Welgao Electronics Past Earnings Performance
Past criteria checks 1/6
Jiangxi Welgao Electronics has been growing earnings at an average annual rate of 21.4%, while the Electronic industry saw earnings growing at 5.7% annually. Revenues have been growing at an average rate of 6.1% per year. Jiangxi Welgao Electronics's return on equity is 5.3%, and it has net margins of 8.8%.
Key information
21.4%
Earnings growth rate
-32.6%
EPS growth rate
| Electronic Industry Growth | 10.9% |
| Revenue growth rate | 6.1% |
| Return on equity | 5.3% |
| Net Margin | 8.8% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Revenue & 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 Jun 24 | 871 | 77 | 70 | 40 |
| 31 Mar 24 | 843 | 87 | 61 | 39 |
| 31 Dec 23 | 823 | 90 | 54 | 37 |
| 30 Sep 23 | 813 | 101 | 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 (8.8%) are lower than last year (11.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301251's earnings have grown significantly by 21.4% 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 (-20.5%) over the past year, making it difficult to compare to the Electronic industry average (-6.3%).
Return on Equity
High ROE: 301251's Return on Equity (5.3%) is considered low.