Hartshead Resources Past Earnings Performance
Past criteria checks 2/6
Hartshead Resources has been growing earnings at an average annual rate of 50.5%, while the Oil and Gas industry saw earnings growing at 32.8% annually. Hartshead Resources's return on equity is 8.8%, and it has net margins of 28.4%.
Key information
50.5%
Earnings growth rate
213.4%
EPS growth rate
| Oil and Gas Industry Growth | 32.6% |
| Revenue growth rate | n/a |
| Return on equity | 8.8% |
| Net Margin | 28.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Revenue & Expenses BreakdownBeta
How Hartshead Resources 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 | 10 | 3 | 7 | 0 |
| 30 Sep 23 | 9 | 2 | 6 | 0 |
| 30 Jun 23 | 8 | 2 | 5 | 0 |
| 31 Mar 23 | 4 | -2 | 5 | 0 |
| 31 Dec 22 | 0 | -5 | 4 | 0 |
| 30 Sep 22 | 0 | -4 | 3 | 0 |
| 30 Jun 22 | 0 | -4 | 3 | 0 |
| 31 Mar 22 | 0 | -6 | 3 | 0 |
| 31 Dec 21 | 0 | -7 | 3 | 0 |
| 30 Sep 21 | 0 | -7 | 3 | 0 |
| 30 Jun 21 | 0 | -6 | 2 | 0 |
Quality Earnings: HHR has a high level of non-cash earnings.
Growing Profit Margin: HHR became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HHR has become profitable over the past 5 years, growing earnings by 50.5% per year.
Accelerating Growth: HHR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: HHR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-41.1%).
Return on Equity
High ROE: HHR's Return on Equity (8.8%) is considered low.