Zarneni Hrani Bulgaria AD Past Earnings Performance
Past criteria checks 3/6
Zarneni Hrani Bulgaria AD's earnings have been declining at an average annual rate of -11.9%, while the Food industry saw earnings growing at 9.6% annually. Revenues have been growing at an average rate of 0.3% per year. Zarneni Hrani Bulgaria AD's return on equity is 1.8%, and it has net margins of 6.5%.
Key information
-11.9%
Earnings growth rate
-11.9%
EPS growth rate
| Food Industry Growth | 30.4% |
| Revenue growth rate | 0.3% |
| Return on equity | 1.8% |
| Net Margin | 6.5% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Zarneni Hrani Bulgaria AD's (BUL:ZHBG) Prospects Need A Boost To Lift Shares
Aug 06
These Return Metrics Don't Make Zarneni Hrani Bulgaria AD (BUL:ZHBG) Look Too Strong
May 30Some Shareholders Feeling Restless Over Zarneni Hrani Bulgaria AD's (BUL:ZHBG) P/E Ratio
Jan 23Here's What's Concerning About Zarneni Hrani Bulgaria AD's (BUL:ZHBG) Returns On Capital
Nov 08Is Zarneni Hrani Bulgaria AD (BUL:ZHBG) Using Too Much Debt?
Sep 15Zarneni Hrani Bulgaria AD (BUL:ZHBG) Has Some Difficulty Using Its Capital Effectively
Jun 29Is Zarneni Hrani Bulgaria AD (BUL:ZHBG) Using Too Much Debt?
May 22Zarneni Hrani Bulgaria AD's (BUL:ZHBG) Returns Have Hit A Wall
Mar 17Is Zarneni Hrani Bulgaria AD (BUL:ZHBG) A Risky Investment?
Feb 04Zarneni Hrani Bulgaria AD (BUL:ZHBG) Could Be At Risk Of Shrinking As A Company
Sep 27Is Zarneni Hrani Bulgaria AD (BUL:ZHBG) Using Too Much Debt?
Jun 08Estimating The Intrinsic Value Of Zarneni Hrani Bulgaria AD (BUL:ZHBG)
Apr 30Does Zarneni Hrani Bulgaria AD (BUL:ZHBG) Have A Healthy Balance Sheet?
Mar 09Zarneni Hrani Bulgaria AD (BUL:ZHBG) Could Be Struggling To Allocate Capital
Jan 06Zarneni Hrani Bulgaria AD's (BUL:ZHBG) Returns On Capital Not Reflecting Well On The Business
Aug 05Does Zarneni Hrani Bulgaria AD (BUL:ZHBG) Have A Healthy Balance Sheet?
May 29The Returns On Capital At Zarneni Hrani Bulgaria AD (BUL:ZHBG) Don't Inspire Confidence
Mar 30Zarneni Hrani Bulgaria AD (BUL:T43) Seems To Use Debt Quite Sensibly
Feb 15Should You Use Zarneni Hrani Bulgaria AD's (BUL:T43) Statutory Earnings To Analyse It?
Dec 18Revenue & Expenses Breakdown
How Zarneni Hrani Bulgaria AD 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 24 | 75 | 5 | 26 | 0 |
| 31 Mar 24 | 71 | 3 | 27 | 0 |
| 31 Dec 23 | 71 | 3 | 26 | 0 |
| 30 Sep 23 | 69 | 3 | 27 | 0 |
| 30 Jun 23 | 72 | 3 | 27 | 0 |
| 31 Mar 23 | 81 | 3 | 26 | 0 |
| 31 Dec 22 | 85 | 3 | 26 | 0 |
| 30 Sep 22 | 90 | 3 | 24 | 0 |
| 30 Jun 22 | 86 | 5 | 24 | 0 |
| 31 Mar 22 | 77 | 5 | 23 | 0 |
| 31 Dec 21 | 72 | 3 | 23 | 0 |
| 30 Sep 21 | 81 | 10 | 24 | 0 |
| 30 Jun 21 | 76 | 7 | 25 | 0 |
| 31 Mar 21 | 75 | 6 | 26 | 0 |
| 31 Dec 20 | 75 | 6 | 26 | 0 |
| 30 Sep 20 | 68 | 4 | 27 | 0 |
| 30 Jun 20 | 70 | 4 | 25 | 0 |
| 31 Mar 20 | 74 | 5 | 25 | 0 |
| 31 Dec 19 | 76 | 5 | 25 | 0 |
| 30 Sep 19 | 74 | 6 | 24 | 0 |
| 30 Jun 19 | 77 | 6 | 25 | 0 |
| 31 Mar 19 | 77 | 5 | 25 | 0 |
| 31 Dec 18 | 86 | 5 | 25 | 0 |
| 30 Sep 18 | 93 | 1 | 25 | 0 |
| 30 Jun 18 | 98 | 1 | 25 | 0 |
| 31 Mar 18 | 104 | 1 | 26 | 0 |
| 31 Dec 17 | 99 | 1 | 26 | 0 |
| 31 Dec 13 | 128 | 13 | 24 | 0 |
Quality Earnings: ZHBG has a large one-off gain of BGN2.2M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: ZHBG's current net profit margins (6.5%) are higher than last year (4.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ZHBG's earnings have declined by 11.9% per year over the past 5 years.
Accelerating Growth: ZHBG's earnings growth over the past year (56%) exceeds its 5-year average (-11.9% per year).
Earnings vs Industry: ZHBG earnings growth over the past year (56%) exceeded the Food industry 22.8%.
Return on Equity
High ROE: ZHBG's Return on Equity (1.8%) is considered low.