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New Energy Solar Past Earnings Performance
Past criteria checks 3/6
Key information
-44.8%
Earnings growth rate
-43.0%
EPS growth rate
| Renewable Energy Industry Growth | -6.3% |
| Revenue growth rate | -43.7% |
| Return on equity | 1.3% |
| Net Margin | 62.9% |
| Last Earnings Update | 30 Jun 2022 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
Revenue & Expenses Breakdown
BetaHow New Energy Solar 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 Jun 22 | 7 | 5 | 3 | 0 |
| 31 Mar 22 | 0 | -9 | 7 | 0 |
| 31 Dec 21 | -7 | -23 | 11 | 0 |
| 30 Sep 21 | -22 | -38 | 11 | 0 |
| 30 Jun 21 | -39 | -56 | 12 | 0 |
| 31 Mar 21 | -57 | -67 | 8 | 0 |
| 31 Dec 20 | -75 | -79 | 5 | 0 |
| 30 Sep 20 | -64 | -68 | 4 | 0 |
| 30 Jun 20 | -53 | -56 | 4 | 0 |
| 31 Mar 20 | -26 | -30 | 4 | 0 |
| 31 Dec 19 | 0 | -4 | 4 | 0 |
| 30 Sep 19 | 22 | 17 | 4 | 0 |
| 30 Jun 19 | 44 | 38 | 4 | 0 |
| 31 Mar 19 | 65 | 59 | 4 | 0 |
| 31 Dec 18 | 85 | 80 | 4 | 0 |
| 30 Sep 18 | 71 | 65 | 4 | 0 |
| 30 Jun 18 | 56 | 50 | 4 | 0 |
| 31 Mar 18 | 26 | 22 | 4 | 0 |
| 31 Dec 17 | -3 | -7 | 3 | 0 |
| 30 Jun 17 | -6 | -9 | 2 | 0 |
| 31 Dec 16 | 13 | 6 | 2 | 0 |
Quality Earnings: NEW has high quality earnings.
Growing Profit Margin: NEW became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NEW has become profitable over the past 5 years, growing earnings by -44.8% per year.
Accelerating Growth: NEW has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: NEW has become profitable in the last year, making it difficult to compare its past year earnings growth to the Renewable Energy industry (13.5%).
Return on Equity
High ROE: NEW's Return on Equity (1.3%) is considered low.