Jet Knitwears Past Earnings Performance
Past criteria checks 2/6
Jet Knitwears's earnings have been declining at an average annual rate of -6.8%, while the Luxury industry saw earnings growing at 17.3% annually. Revenues have been declining at an average rate of 4.1% per year. Jet Knitwears's return on equity is 4.7%, and it has net margins of 3%.
Key information
-6.8%
Earnings growth rate
-9.6%
EPS growth rate
| Luxury Industry Growth | 17.6% |
| Revenue growth rate | -4.1% |
| Return on equity | 4.7% |
| Net Margin | 3.0% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Here's Why Jet Knitwears (NSE:JETKNIT) Has A Meaningful Debt Burden
Aug 10
Is Jet Knitwears (NSE:JETKNIT) Using Too Much Debt?
Mar 23Here's Why We Think Jet Knitwears (NSE:JETKNIT) Is Well Worth Watching
Jan 13Does Jet Knitwears (NSE:JETKNIT) Have A Healthy Balance Sheet?
Dec 08Estimating The Intrinsic Value Of Jet Knitwears Limited (NSE:JETKNIT)
May 04Revenue & Expenses BreakdownBeta
How Jet Knitwears 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 | 349 | 11 | 33 | 0 |
| 30 Jun 23 | 357 | 11 | 32 | 0 |
| 31 Mar 23 | 365 | 12 | 32 | 0 |
| 31 Dec 22 | 379 | 11 | 36 | 0 |
| 30 Sep 22 | 394 | 11 | 39 | 0 |
| 30 Jun 22 | 402 | 11 | 39 | 0 |
| 31 Mar 22 | 409 | 11 | 39 | 0 |
| 31 Dec 21 | 412 | 15 | 38 | 0 |
| 30 Sep 21 | 415 | 19 | 36 | 0 |
| 30 Jun 21 | 406 | 18 | 36 | 0 |
| 31 Mar 21 | 397 | 17 | 37 | 0 |
| 31 Dec 20 | 393 | 14 | 41 | 0 |
| 30 Sep 20 | 395 | 11 | 32 | 0 |
| 30 Jun 20 | 422 | 13 | 31 | 0 |
| 31 Mar 20 | 449 | 15 | 44 | 0 |
| 31 Dec 19 | 468 | 15 | 39 | 0 |
| 30 Sep 19 | 483 | 15 | 34 | 0 |
| 30 Jun 19 | 478 | 15 | 34 | 0 |
| 31 Mar 19 | 473 | 15 | 34 | 0 |
| 31 Mar 18 | 431 | 12 | 25 | 0 |
| 31 Mar 17 | 433 | 8 | 25 | 0 |
| 31 Mar 16 | 385 | 4 | 13 | 0 |
| 31 Mar 15 | 373 | 3 | 14 | 0 |
| 31 Mar 14 | 385 | 2 | 13 | 0 |
Quality Earnings: JETKNIT has high quality earnings.
Growing Profit Margin: JETKNIT's current net profit margins (3%) are higher than last year (2.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: JETKNIT's earnings have declined by 6.8% per year over the past 5 years.
Accelerating Growth: JETKNIT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: JETKNIT had negative earnings growth (-2.1%) over the past year, making it difficult to compare to the Luxury industry average (-2.8%).
Return on Equity
High ROE: JETKNIT's Return on Equity (4.7%) is considered low.