Al-Sagr National Insurance Company (PSC) Past Earnings Performance

Past criteria checks 3/6

Al-Sagr National Insurance Company (PSC)'s earnings have been declining at an average annual rate of -38.8%, while the Insurance industry saw earnings declining at 5% annually. Revenues have been growing at an average rate of 17.4% per year. Al-Sagr National Insurance Company (PSC)'s return on equity is 3.1%, and it has net margins of 1.1%.

Key information

-38.8%

Earnings growth rate

-38.7%

EPS growth rate

Insurance Industry Growth	3.0%
Revenue growth rate	17.4%
Return on equity	3.1%
Net Margin	1.1%
Last Earnings Update	31 Dec 2023

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Al-Sagr National Insurance Company (PSC) makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DFM:ASNIC Revenue, expenses and earnings (AED Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	604	6	0
30 Sep 23	543	5	40
30 Jun 23	456	2	40
31 Mar 23	388	-13	40
31 Dec 22	348	-49	40
30 Sep 22	323	-77	1
30 Jun 22	330	-88	10
31 Mar 22	336	-85	21
31 Dec 21	363	-64	30
30 Sep 21	383	-43	34
30 Jun 21	379	-25	35
31 Mar 21	360	-9	34
31 Dec 20	327	4	34
30 Sep 20	291	-7	35
30 Jun 20	268	-2	34
31 Mar 20	263	2	35
31 Dec 19	248	3	36
30 Sep 19	209	12	36
30 Jun 19	208	12	39
31 Mar 19	219	15	41
31 Dec 18	227	19	42
30 Sep 18	305	29	51
30 Jun 18	314	28	51
31 Mar 18	318	25	49
31 Dec 17	324	20	48
30 Sep 17	312	6	39
30 Jun 17	315	-1	39
31 Mar 17	329	9	42
31 Dec 16	349	21	40
30 Sep 16	292	-43	52
30 Jun 16	248	-66	52
31 Mar 16	229	-111	50
31 Dec 15	209	-105	49
30 Sep 15	178	-123	35
30 Jun 15	257	-51	42
31 Mar 15	296	30	38
31 Dec 14	312	38	41
30 Sep 14	414	158	46
30 Jun 14	370	119	39
31 Mar 14	296	64	38
31 Dec 13	308	54	40
30 Sep 13	356	38	75
30 Jun 13	361	27	84

Quality Earnings: ASNIC has high quality earnings.

Growing Profit Margin: ASNIC became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ASNIC has become profitable over the past 5 years, growing earnings by -38.8% per year.

Accelerating Growth: ASNIC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ASNIC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Insurance industry (12.2%).

Return on Equity

High ROE: ASNIC's Return on Equity (3.1%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/04/09 07:51
End of Day Share Price	2024/01/11 00:00
Earnings	2023/12/31
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Al-Sagr National Insurance Company (PSC) is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution