Jiangsu Guoxin Past Earnings Performance
Past criteria checks 2/6
Jiangsu Guoxin's earnings have been declining at an average annual rate of -30.1%, while the Electric Utilities industry saw earnings declining at 3.8% annually. Revenues have been growing at an average rate of 12.8% per year. Jiangsu Guoxin's return on equity is 8.8%, and it has net margins of 6.6%.
Key information
-30.1%
Earnings growth rate
-28.7%
EPS growth rate
| Electric Utilities Industry Growth | 5.9% |
| Revenue growth rate | 12.8% |
| Return on equity | 8.8% |
| Net Margin | 6.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Jiangsu Guoxin Corp. Ltd. (SZSE:002608) Looks Inexpensive But Perhaps Not Attractive Enough
Jun 16
Solid Earnings Reflect Jiangsu Guoxin's (SZSE:002608) Strength As A Business
May 03Jiangsu Guoxin Corp. Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
Apr 15Investors Appear Satisfied With Jiangsu Guoxin Corp. Ltd.'s (SZSE:002608) Prospects
Feb 29Revenue & Expenses Breakdown
How Jiangsu Guoxin 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 | 36,421 | 2,392 | 1,096 | 6 |
| 31 Dec 23 | 34,572 | 1,870 | 1,040 | 7 |
| 30 Sep 23 | 33,077 | 1,415 | 930 | 2 |
| 30 Jun 23 | 32,919 | 368 | 954 | 2 |
| 31 Mar 23 | 32,050 | -43 | 920 | 3 |
| 01 Jan 23 | 32,498 | 60 | 940 | 2 |
| 30 Sep 22 | 33,102 | -913 | 886 | 4 |
| 30 Jun 22 | 30,968 | -919 | 889 | 4 |
| 31 Mar 22 | 30,357 | -462 | 859 | 3 |
| 01 Jan 22 | 28,942 | -333 | 846 | 3 |
| 30 Sep 21 | 26,382 | 1,698 | 825 | 2 |
| 30 Jun 21 | 24,782 | 2,495 | 804 | 2 |
| 31 Mar 21 | 23,503 | 2,286 | 866 | 2 |
| 31 Dec 20 | 21,691 | 2,274 | 841 | 2 |
| 30 Sep 20 | 21,378 | 2,201 | 816 | 0 |
| 30 Jun 20 | 21,121 | 2,083 | 806 | 0 |
| 31 Mar 20 | 20,702 | 1,776 | 738 | 0 |
| 31 Dec 19 | 21,090 | 2,404 | 716 | 0 |
| 30 Sep 19 | 20,955 | 2,941 | 550 | 0 |
| 30 Jun 19 | 21,340 | 3,099 | 518 | 0 |
| 31 Mar 19 | 21,465 | 3,216 | 515 | 0 |
| 31 Dec 18 | 22,135 | 2,556 | 493 | 0 |
| 30 Sep 18 | 22,135 | 2,348 | 583 | 0 |
| 30 Jun 18 | 22,028 | 2,276 | 571 | 0 |
| 31 Mar 18 | 21,858 | 2,251 | 511 | 0 |
| 31 Dec 17 | 20,204 | 2,180 | 489 | 0 |
| 30 Sep 17 | 18,761 | 1,308 | 651 | 0 |
| 30 Jun 17 | 17,690 | 1,495 | 653 | 0 |
| 31 Mar 17 | 16,792 | 849 | 646 | 0 |
| 31 Dec 16 | 16,815 | 1,078 | 654 | 0 |
| 31 Mar 16 | 18,690 | -1,852 | 2,952 | 0 |
| 31 Dec 15 | 15,430 | -2,510 | 3,068 | 0 |
| 31 Mar 15 | 2,575 | -1,885 | 137 | 0 |
| 31 Dec 14 | 3,008 | -1,808 | 135 | 0 |
| 30 Sep 14 | 3,939 | 63 | 104 | 0 |
| 30 Jun 14 | 4,102 | 93 | 92 | 0 |
| 31 Mar 14 | 3,754 | 134 | 93 | 0 |
| 31 Dec 13 | 3,268 | 124 | 89 | 0 |
| 30 Sep 13 | 3,318 | 126 | 75 | 0 |
| 30 Jun 13 | 2,803 | 116 | 77 | 0 |
Quality Earnings: 002608 has high quality earnings.
Growing Profit Margin: 002608 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002608's earnings have declined by 30.1% per year over the past 5 years.
Accelerating Growth: 002608 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 002608 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electric Utilities industry (8.9%).
Return on Equity
High ROE: 002608's Return on Equity (8.8%) is considered low.