JET Optoelectronics Past Earnings Performance
Past criteria checks 0/6
JET Optoelectronics's earnings have been declining at an average annual rate of -79.8%, while the Auto Components industry saw earnings growing at 13.7% annually. Revenues have been declining at an average rate of 10.5% per year. JET Optoelectronics's return on equity is 3.8%, and it has net margins of 1.6%.
Key information
-79.8%
Earnings growth rate
-79.9%
EPS growth rate
| Auto Components Industry Growth | 12.8% |
| Revenue growth rate | -10.5% |
| Return on equity | 3.8% |
| Net Margin | 1.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How JET Optoelectronics 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 | 2,743 | 44 | 298 | 184 |
| 31 Dec 22 | 3,064 | 216 | 307 | 166 |
Quality Earnings: 2255 has a high level of non-cash earnings.
Growing Profit Margin: 2255's current net profit margins (1.6%) are lower than last year (7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if 2255's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare 2255's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: 2255 had negative earnings growth (-79.8%) over the past year, making it difficult to compare to the Auto Components industry average (4.5%).
Return on Equity
High ROE: 2255's Return on Equity (3.8%) is considered low.