QAF Past Earnings Performance
Past criteria checks 2/6
QAF has been growing earnings at an average annual rate of 8.5%, while the Food industry saw earnings growing at 18.7% annually. Revenues have been declining at an average rate of 4% per year. QAF's return on equity is 5.6%, and it has net margins of 4.4%.
Key information
8.5%
Earnings growth rate
8.5%
EPS growth rate
| Food Industry Growth | 26.1% |
| Revenue growth rate | -4.0% |
| Return on equity | 5.6% |
| Net Margin | 4.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Solid Earnings May Not Tell The Whole Story For QAF (SGX:Q01)
Apr 03
QAF (SGX:Q01) Will Pay A Dividend Of SGD0.01
Sep 03QAF (SGX:Q01) Is Due To Pay A Dividend Of SGD0.01
Aug 20QAF (SGX:Q01) Has Affirmed Its Dividend Of SGD0.04
Apr 04QAF (SGX:Q01) Has Announced A Dividend Of S$0.04
Apr 28Some Investors May Be Willing To Look Past QAF's (SGX:Q01) Soft Earnings
Apr 04QAF (SGX:Q01) Has Re-Affirmed Its Dividend Of S$0.01
Aug 20Is Now The Time To Put QAF (SGX:Q01) On Your Watchlist?
Jun 02Is QAF (SGX:Q01) A Risky Investment?
Mar 26Does QAF's (SGX:Q01) Returns On Capital Reflect Well On The Business?
Mar 14If You Like EPS Growth Then Check Out QAF (SGX:Q01) Before It's Too Late
Mar 02Would QAF Limited (SGX:Q01) Be Valuable To Income Investors?
Feb 16
How Much Are QAF Limited (SGX:Q01) Insiders Spending On Buying Shares?
Jan 24What Kind Of Shareholders Hold The Majority In QAF Limited's (SGX:Q01) Shares?
Jan 05A Look At QAF's (SGX:Q01) Share Price Returns
Dec 18Our Take On The Returns On Capital At QAF (SGX:Q01)
Dec 03These 4 Measures Indicate That QAF (SGX:Q01) Is Using Debt Reasonably Well
Nov 19Revenue & Expenses Breakdown
How QAF 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 | 629 | 27 | 149 | 0 |
| 30 Sep 23 | 619 | 22 | 145 | 0 |
| 30 Jun 23 | 609 | 16 | 141 | 0 |
| 31 Mar 23 | 593 | 21 | 137 | 0 |
| 31 Dec 22 | 578 | 26 | 133 | 0 |
| 30 Sep 22 | 569 | 27 | 131 | 0 |
| 30 Jun 22 | 561 | 29 | 129 | 0 |
| 31 Mar 22 | 560 | 25 | 130 | 0 |
| 31 Dec 21 | 559 | 22 | 130 | 0 |
| 30 Sep 21 | 553 | 25 | 131 | 0 |
| 30 Jun 21 | 546 | 28 | 132 | 0 |
| 31 Mar 21 | 554 | 35 | 132 | 0 |
| 31 Dec 20 | 562 | 42 | 132 | 0 |
| 30 Sep 20 | 281 | 45 | 56 | 0 |
| 30 Jun 20 | 360 | 38 | 77 | 0 |
| 31 Mar 20 | 435 | 27 | 100 | 0 |
| 31 Dec 19 | 497 | 18 | 120 | 0 |
| 30 Sep 19 | 853 | 9 | 200 | 0 |
| 30 Jun 19 | 840 | 6 | 201 | 0 |
| 31 Mar 19 | 823 | 7 | 201 | 0 |
| 31 Dec 18 | 815 | 8 | 204 | 0 |
| 30 Sep 18 | 810 | 6 | 208 | 0 |
| 30 Jun 18 | 811 | 14 | 210 | 0 |
| 31 Mar 18 | 815 | 21 | 210 | 0 |
| 31 Dec 17 | 826 | 32 | 210 | 0 |
| 30 Sep 17 | 835 | 86 | 219 | 0 |
| 30 Jun 17 | 841 | 98 | 214 | 0 |
| 31 Mar 17 | 847 | 118 | 212 | 0 |
| 31 Dec 16 | 890 | 120 | 214 | 0 |
| 30 Sep 16 | 918 | 81 | 219 | 0 |
| 30 Jun 16 | 949 | 72 | 222 | 0 |
| 31 Mar 16 | 993 | 56 | 226 | 0 |
| 31 Dec 15 | 998 | 53 | 227 | 0 |
| 30 Sep 15 | 1,023 | 51 | 228 | 0 |
| 30 Jun 15 | 1,035 | 48 | 230 | 0 |
| 31 Mar 15 | 1,037 | 45 | 231 | 0 |
| 31 Dec 14 | 1,023 | 45 | 228 | 0 |
| 30 Sep 14 | 1,016 | 42 | 228 | 0 |
| 30 Jun 14 | 1,011 | 38 | 227 | 0 |
| 31 Mar 14 | 1,016 | 31 | 227 | 0 |
| 31 Dec 13 | 1,024 | 30 | 229 | 0 |
| 30 Sep 13 | 1,019 | 30 | 227 | 0 |
| 30 Jun 13 | 1,010 | 31 | 225 | 0 |
Quality Earnings: Q01 has a large one-off gain of SGD13.8M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: Q01's current net profit margins (4.4%) are lower than last year (4.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Q01's earnings have grown by 8.5% per year over the past 5 years.
Accelerating Growth: Q01's earnings growth over the past year (6.7%) is below its 5-year average (8.5% per year).
Earnings vs Industry: Q01 earnings growth over the past year (6.7%) exceeded the Food industry -16.8%.
Return on Equity
High ROE: Q01's Return on Equity (5.6%) is considered low.