Shanghai Jinjiang Shipping (Group) Past Earnings Performance
Past criteria checks 1/6
Shanghai Jinjiang Shipping (Group)'s earnings have been declining at an average annual rate of -63.3%, while the Shipping industry saw earnings growing at 15.6% annually. Revenues have been declining at an average rate of 20.3% per year. Shanghai Jinjiang Shipping (Group)'s return on equity is 7.1%, and it has net margins of 11.2%.
Key information
-63.3%
Earnings growth rate
-64.5%
EPS growth rate
| Shipping Industry Growth | 23.8% |
| Revenue growth rate | -20.3% |
| Return on equity | 7.1% |
| Net Margin | 11.2% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How Shanghai Jinjiang Shipping (Group) 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 | 5,138 | 576 | 278 | 0 |
| 31 Dec 23 | 5,266 | 743 | 268 | 0 |
| 30 Sep 23 | 5,636 | 1,041 | 245 | 0 |
| 31 Dec 22 | 6,840 | 1,827 | 269 | 0 |
Quality Earnings: 601083 has high quality earnings.
Growing Profit Margin: 601083's current net profit margins (11.2%) are lower than last year (24.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if 601083's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare 601083's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: 601083 had negative earnings growth (-63.3%) over the past year, making it difficult to compare to the Shipping industry average (-26%).
Return on Equity
High ROE: 601083's Return on Equity (7.1%) is considered low.