Jointo Energy Investment Hebei Past Earnings Performance
Past criteria checks 1/6
Jointo Energy Investment Hebei's earnings have been declining at an average annual rate of -40%, while the Renewable Energy industry saw earnings growing at 6.4% annually. Revenues have been growing at an average rate of 6.5% per year.
Key information
-40.0%
Earnings growth rate
-40.0%
EPS growth rate
| Renewable Energy Industry Growth | 7.2% |
| Revenue growth rate | 6.5% |
| Return on equity | -0.7% |
| Net Margin | 0.2% |
| Next Earnings Update | 26 Apr 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Jointo Energy Investment Hebei 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 23 | 17,741 | 44 | 656 | 930 |
| 30 Jun 23 | 18,399 | 246 | 713 | 917 |
| 31 Mar 23 | 18,229 | -108 | 693 | 732 |
| 31 Dec 22 | 18,306 | 103 | 666 | 570 |
| 30 Sep 22 | 18,148 | -1,185 | 622 | 445 |
| 30 Jun 22 | 16,419 | -2,410 | 754 | 310 |
| 31 Mar 22 | 15,929 | -2,441 | 738 | 265 |
| 01 Jan 22 | 15,041 | -2,210 | 740 | 252 |
| 30 Sep 21 | 15,408 | -636 | 655 | 42 |
| 30 Jun 21 | 15,670 | 570 | 712 | 37 |
| 31 Mar 21 | 15,953 | 862 | 721 | 42 |
| 31 Dec 20 | 15,370 | 958 | 741 | 40 |
| 30 Sep 20 | 14,474 | 1,029 | 720 | 22 |
| 30 Jun 20 | 14,166 | 776 | 624 | 15 |
| 31 Mar 20 | 13,850 | 723 | 521 | 3 |
| 31 Dec 19 | 13,964 | 640 | 559 | 4 |
| 30 Sep 19 | 13,906 | 613 | 558 | 3 |
| 30 Jun 19 | 14,077 | 636 | 549 | 4 |
| 31 Mar 19 | 14,134 | 544 | 591 | 4 |
| 31 Dec 18 | 13,976 | 432 | 545 | 3 |
| 30 Sep 18 | 13,557 | 214 | 635 | 1 |
| 30 Jun 18 | 12,599 | 123 | 563 | 0 |
| 31 Mar 18 | 11,680 | 143 | 550 | 0 |
| 31 Dec 17 | 10,569 | 168 | 482 | 0 |
| 30 Sep 17 | 9,930 | 48 | 481 | 0 |
| 30 Jun 17 | 9,746 | 532 | 447 | 0 |
| 31 Mar 17 | 9,731 | 1,024 | 417 | 0 |
| 31 Dec 16 | 9,453 | 1,452 | 461 | 0 |
| 30 Sep 16 | 9,229 | 1,935 | 323 | 0 |
| 30 Jun 16 | 9,346 | 2,105 | 443 | 0 |
| 31 Mar 16 | 9,684 | 2,155 | 440 | 0 |
| 31 Dec 15 | 9,626 | 2,044 | 472 | 0 |
| 30 Sep 15 | 9,709 | 2,208 | 343 | 0 |
| 30 Jun 15 | 10,325 | 2,180 | 468 | 0 |
| 31 Mar 15 | 10,712 | 2,099 | 467 | 0 |
| 31 Dec 14 | 10,891 | 2,043 | 451 | 0 |
| 30 Sep 14 | 11,136 | 1,850 | 531 | 0 |
| 30 Jun 14 | 10,946 | 1,519 | 388 | 0 |
| 31 Mar 14 | 10,552 | 1,256 | 348 | 0 |
| 31 Dec 13 | 9,971 | 856 | 376 | 0 |
| 30 Sep 13 | 8,846 | 603 | 428 | 0 |
| 30 Jun 13 | 7,655 | 337 | 350 | 0 |
Quality Earnings: 000600 has a large one-off gain of CN¥201.2M impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: 000600 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 000600's earnings have declined by 40% per year over the past 5 years.
Accelerating Growth: 000600 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 000600 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Renewable Energy industry (20%).
Return on Equity
High ROE: 000600's Return on Equity (-0.7%) is considered low.