Jiangsu New Energy Development Past Earnings Performance
Past criteria checks 2/6
Jiangsu New Energy Development has been growing earnings at an average annual rate of 14.9%, while the Renewable Energy industry saw earnings growing at 8.8% annually. Revenues have been growing at an average rate of 7% per year. Jiangsu New Energy Development's return on equity is 6.4%, and it has net margins of 22.4%.
Key information
14.9%
Earnings growth rate
12.0%
EPS growth rate
Renewable Energy Industry Growth | 7.2% |
Revenue growth rate | 7.0% |
Return on equity | 6.4% |
Net Margin | 22.4% |
Next Earnings Update | 30 Oct 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Jiangsu New Energy Development 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 | 1,903 | 426 | 214 | 0 |
31 Mar 24 | 2,058 | 546 | 208 | 0 |
31 Dec 23 | 1,946 | 472 | 213 | 0 |
30 Sep 23 | 1,912 | 475 | 176 | 0 |
30 Jun 23 | 1,976 | 509 | 164 | 0 |
31 Mar 23 | 1,990 | 525 | 159 | 0 |
31 Dec 22 | 1,971 | 476 | 160 | 0 |
30 Sep 22 | 2,013 | 297 | 186 | 1 |
30 Jun 22 | 1,989 | 312 | 181 | 1 |
31 Mar 22 | 1,853 | 236 | 165 | 2 |
31 Dec 21 | 1,859 | 309 | 146 | 2 |
30 Sep 21 | 1,719 | 196 | 126 | 2 |
30 Jun 21 | 1,640 | 154 | 106 | 2 |
31 Mar 21 | 1,649 | 167 | 108 | 1 |
31 Dec 20 | 1,547 | 154 | 38 | 1 |
30 Sep 20 | 1,595 | 413 | 53 | 3 |
30 Jun 20 | 1,607 | 416 | 70 | 5 |
31 Mar 20 | 1,570 | 384 | 69 | 8 |
31 Dec 19 | 1,484 | 254 | 143 | 10 |
30 Sep 19 | 1,439 | 223 | 131 | 9 |
30 Jun 19 | 1,466 | 281 | 98 | 9 |
31 Mar 19 | 1,439 | 268 | 110 | 8 |
31 Dec 18 | 1,473 | 315 | 89 | 8 |
30 Sep 18 | 1,508 | 371 | 103 | 10 |
30 Jun 18 | 1,439 | 297 | 116 | 13 |
31 Mar 18 | 1,442 | 315 | 116 | 12 |
31 Dec 17 | 1,418 | 312 | 101 | 9 |
30 Jun 17 | 1,316 | 335 | 72 | 0 |
31 Mar 17 | 1,231 | 320 | 41 | 0 |
31 Dec 16 | 1,146 | 292 | 56 | 0 |
31 Dec 15 | 871 | 142 | 71 | 0 |
30 Jun 15 | 896 | 125 | 44 | 0 |
31 Dec 14 | 855 | 200 | 42 | 0 |
31 Dec 13 | 711 | 15 | 68 | 0 |
Quality Earnings: 603693 has high quality earnings.
Growing Profit Margin: 603693's current net profit margins (22.4%) are lower than last year (25.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 603693's earnings have grown by 14.9% per year over the past 5 years.
Accelerating Growth: 603693's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 603693 had negative earnings growth (-16.3%) over the past year, making it difficult to compare to the Renewable Energy industry average (11.8%).
Return on Equity
High ROE: 603693's Return on Equity (6.4%) is considered low.