JiaXing Gas Group Past Earnings Performance
Past criteria checks 6/6
JiaXing Gas Group has been growing earnings at an average annual rate of 22.1%, while the Gas Utilities industry saw earnings declining at 0.7% annually. Revenues have been growing at an average rate of 26% per year. JiaXing Gas Group's return on equity is 23.4%, and it has net margins of 8.1%.
Key information
22.1%
Earnings growth rate
13.9%
EPS growth rate
| Gas Utilities Industry Growth | 1.0% |
| Revenue growth rate | 26.0% |
| Return on equity | 23.4% |
| Net Margin | 8.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
JiaXing Gas Group Co., Ltd.'s (HKG:9908) CEO Will Probably Find It Hard To See A Huge Raise This Year
May 31
We Think JiaXing Gas Group's (HKG:9908) Healthy Earnings Might Be Conservative
May 03Why JiaXing Gas Group's (HKG:9908) Earnings Are Better Than They Seem
May 02Some Confidence Is Lacking In JiaXing Gas Group Co., Ltd.'s (HKG:9908) P/E
Apr 02Could The JiaXing Gas Group Co., Ltd. (HKG:9908) Ownership Structure Tell Us Something Useful?
Feb 17Read This Before Selling JiaXing Gas Group Co., Ltd. (HKG:9908) Shares
Dec 08Revenue & Expenses Breakdown
How JiaXing Gas 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 Dec 23 | 2,956 | 239 | 115 | 0 |
| 30 Sep 23 | 3,168 | 220 | 103 | 0 |
| 30 Jun 23 | 3,380 | 200 | 90 | 0 |
| 31 Mar 23 | 3,423 | 135 | 84 | 0 |
| 31 Dec 22 | 3,466 | 69 | 78 | 0 |
| 30 Sep 22 | 2,931 | 73 | 78 | 0 |
| 30 Jun 22 | 2,395 | 77 | 78 | 0 |
| 31 Mar 22 | 2,192 | 93 | 80 | 0 |
| 31 Dec 21 | 1,989 | 108 | 82 | 0 |
| 30 Sep 21 | 1,801 | 111 | 81 | 0 |
| 30 Jun 21 | 1,613 | 113 | 80 | 0 |
| 31 Mar 21 | 1,444 | 103 | 75 | 0 |
| 31 Dec 20 | 1,274 | 93 | 69 | 0 |
| 30 Sep 20 | 1,258 | 85 | 67 | 0 |
| 30 Jun 20 | 1,241 | 78 | 64 | 0 |
| 31 Mar 20 | 1,286 | 83 | 65 | 0 |
| 31 Dec 19 | 1,330 | 87 | 65 | 0 |
| 31 Dec 18 | 1,259 | 70 | 64 | 0 |
| 31 Dec 17 | 884 | 62 | 57 | 0 |
Quality Earnings: 9908 has high quality earnings.
Growing Profit Margin: 9908's current net profit margins (8.1%) are higher than last year (2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 9908's earnings have grown significantly by 22.1% per year over the past 5 years.
Accelerating Growth: 9908's earnings growth over the past year (244.7%) exceeds its 5-year average (22.1% per year).
Earnings vs Industry: 9908 earnings growth over the past year (244.7%) exceeded the Gas Utilities industry 9.5%.
Return on Equity
High ROE: 9908's Return on Equity (23.4%) is considered high.