J-Long Group Past Earnings Performance
Past criteria checks 2/6
J-Long Group's earnings have been declining at an average annual rate of -15.9%, while the Retail Distributors industry saw earnings growing at 19.1% annually. Revenues have been declining at an average rate of 20.4% per year. J-Long Group's return on equity is 36.7%, and it has net margins of 15.4%.
Key information
-15.9%
Earnings growth rate
-15.9%
EPS growth rate
| Retail Distributors Industry Growth | 20.6% |
| Revenue growth rate | -20.4% |
| Return on equity | 36.7% |
| Net Margin | 15.4% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How J-Long 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 |
|---|---|---|---|---|
| 30 Sep 23 | 30 | 5 | 4 | 0 |
| 30 Jun 23 | 34 | 6 | 4 | 0 |
| 31 Mar 23 | 38 | 7 | 4 | 0 |
| 31 Mar 22 | 38 | 4 | 3 | 0 |
| 31 Mar 21 | 24 | 2 | 3 | 0 |
Quality Earnings: JL has a large one-off gain of $987.5K impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: JL's current net profit margins (15.4%) are higher than last year (14.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if JL's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: JL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: JL had negative earnings growth (-15.9%) over the past year, making it difficult to compare to the Retail Distributors industry average (-20.7%).
Return on Equity
High ROE: JL's Return on Equity (36.7%) is considered high.