Resource Development Group Past Earnings Performance
Past criteria checks 3/6
Resource Development Group has been growing earnings at an average annual rate of 80.6%, while the Construction industry saw earnings growing at 21% annually. Revenues have been growing at an average rate of 11% per year. Resource Development Group's return on equity is 11.8%, and it has net margins of 16.6%.
Key information
80.6%
Earnings growth rate
86.1%
EPS growth rate
| Construction Industry Growth | 15.2% |
| Revenue growth rate | 11.0% |
| Return on equity | 11.8% |
| Net Margin | 16.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Resource Development Group (ASX:RDG) Takes On Some Risk With Its Use Of Debt
Mar 19
Resource Development Group Limited's (ASX:RDG) Low P/E No Reason For Excitement
Dec 20Upgrade: Analysts Just Made A Stunning Increase To Their Resource Development Group Limited (ASX:RDG) Forecasts
Oct 26Is There Now An Opportunity In Resource Development Group Limited (ASX:RDG)?
Oct 04Is Now The Time To Put Resource Development Group (ASX:RDG) On Your Watchlist?
May 05Can Resource Development Group Limited (ASX:RDG) Improve Its Returns?
Mar 19Here's Why We Don't Think Resource Development Group's (ASX:RDG) Statutory Earnings Reflect Its Underlying Earnings Potential
Jan 07Revenue & Expenses BreakdownBeta
How Resource Development 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 |
|---|---|---|---|---|
| 31 Dec 23 | 85 | 14 | 28 | 0 |
| 30 Sep 23 | 70 | 14 | 24 | 0 |
| 30 Jun 23 | 56 | 14 | 19 | 0 |
| 31 Dec 22 | 47 | 9 | 15 | 0 |
| 30 Sep 22 | 49 | 6 | 15 | 0 |
| 30 Jun 22 | 51 | 4 | 16 | 0 |
| 31 Dec 21 | 73 | 1 | 24 | 0 |
| 30 Sep 21 | 70 | 1 | 24 | 0 |
| 30 Jun 21 | 67 | 0 | 24 | 0 |
| 31 Dec 20 | 31 | 0 | 14 | 0 |
| 30 Sep 20 | 26 | 0 | 12 | 0 |
| 30 Jun 20 | 21 | 0 | 10 | 0 |
| 30 Jun 19 | 39 | -2 | 21 | 0 |
Quality Earnings: RDG has high quality earnings.
Growing Profit Margin: RDG's current net profit margins (16.6%) are lower than last year (18.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RDG's earnings have grown significantly by 80.6% per year over the past 5 years.
Accelerating Growth: RDG's earnings growth over the past year (64.4%) is below its 5-year average (80.6% per year).
Earnings vs Industry: RDG earnings growth over the past year (64.4%) exceeded the Construction industry 15.5%.
Return on Equity
High ROE: RDG's Return on Equity (11.8%) is considered low.