Jiangsu United Water TechnologyLtd Past Earnings Performance
Past criteria checks 4/6
Jiangsu United Water TechnologyLtd has been growing earnings at an average annual rate of 7.7%, while the Water Utilities industry saw earnings growing at 7.5% annually. Revenues have been declining at an average rate of 9.4% per year. Jiangsu United Water TechnologyLtd's return on equity is 11.2%, and it has net margins of 17.7%.
Key information
7.7%
Earnings growth rate
7.8%
EPS growth rate
| Water Utilities Industry Growth | 7.5% |
| Revenue growth rate | -9.4% |
| Return on equity | 11.2% |
| Net Margin | 17.7% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Jiangsu United Water TechnologyLtd 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 | 1,085 | 192 | 175 | 2 |
| 31 Mar 24 | 1,122 | 181 | 178 | 2 |
| 31 Dec 23 | 1,128 | 164 | 174 | 2 |
| 30 Sep 23 | 1,192 | 154 | 158 | 3 |
| 30 Jun 23 | 1,197 | 147 | 154 | 2 |
| 31 Mar 23 | 1,207 | 137 | 146 | 2 |
| 31 Dec 22 | 1,157 | 130 | 140 | 1 |
| 31 Dec 21 | 1,041 | 141 | 133 | 0 |
| 31 Dec 20 | 797 | 118 | 112 | 0 |
| 31 Dec 19 | 686 | 137 | 89 | 0 |
| 31 Dec 18 | 551 | 122 | 0 | 0 |
| 31 Dec 17 | 424 | 62 | 0 | 0 |
Quality Earnings: 603291 has a large one-off gain of CN¥95.8M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: 603291's current net profit margins (17.7%) are higher than last year (12.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603291's earnings have grown by 7.7% per year over the past 5 years.
Accelerating Growth: 603291's earnings growth over the past year (31%) exceeds its 5-year average (7.7% per year).
Earnings vs Industry: 603291 earnings growth over the past year (31%) exceeded the Water Utilities industry 5.5%.
Return on Equity
High ROE: 603291's Return on Equity (11.2%) is considered low.