Bahrain Ship Repairing and Engineering Company BSC Past Earnings Performance
Past criteria checks 4/6
Bahrain Ship Repairing and Engineering Company BSC's earnings have been declining at an average annual rate of -20%, while the Machinery industry saw earnings growing at 11.9% annually. Revenues have been declining at an average rate of 8.7% per year. Bahrain Ship Repairing and Engineering Company BSC's return on equity is 6.3%, and it has net margins of 32.3%.
Key information
-20.0%
Earnings growth rate
-20.0%
EPS growth rate
| Machinery Industry Growth | 11.4% |
| Revenue growth rate | -8.7% |
| Return on equity | 6.3% |
| Net Margin | 32.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Bahrain Ship Repairing and Engineering Company BSC 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 | 6 | 2 | 2 | 0 |
| 30 Sep 23 | 6 | 2 | 2 | 0 |
| 30 Jun 23 | 6 | 2 | 2 | 0 |
| 31 Mar 23 | 6 | 1 | 2 | 0 |
| 31 Dec 22 | 6 | 1 | 2 | 0 |
| 30 Sep 22 | 6 | 1 | 2 | 0 |
| 30 Jun 22 | 6 | 1 | 2 | 0 |
| 31 Mar 22 | 6 | 1 | 2 | 0 |
| 31 Dec 21 | 5 | 1 | 2 | 0 |
| 30 Sep 21 | 5 | 1 | 2 | 0 |
| 30 Jun 21 | 5 | 1 | 2 | 0 |
| 31 Mar 21 | 5 | 1 | 1 | 0 |
| 31 Dec 20 | 5 | 1 | 2 | 0 |
| 30 Sep 20 | 7 | 2 | 2 | 0 |
| 30 Jun 20 | 7 | 2 | 2 | 0 |
| 31 Mar 20 | 8 | 3 | 2 | 0 |
| 31 Dec 19 | 8 | 3 | 2 | 0 |
| 30 Sep 19 | 8 | 3 | 1 | 0 |
| 30 Jun 19 | 8 | 3 | 1 | 0 |
| 31 Mar 19 | 8 | 3 | 1 | 0 |
| 31 Dec 18 | 9 | 3 | 1 | 0 |
| 30 Sep 18 | 8 | 3 | 1 | 0 |
| 30 Jun 18 | 8 | 3 | 2 | 0 |
| 31 Mar 18 | 8 | 3 | 2 | 0 |
| 31 Dec 17 | 8 | 3 | 2 | 0 |
| 30 Sep 17 | 9 | 3 | 2 | 0 |
| 30 Jun 17 | 8 | 3 | 2 | 0 |
| 31 Mar 17 | 7 | 2 | 2 | 0 |
| 31 Dec 16 | 7 | 2 | 1 | 0 |
| 30 Sep 16 | 6 | 2 | 1 | 0 |
| 30 Jun 16 | 6 | 2 | 1 | 0 |
| 31 Mar 16 | 6 | 2 | 1 | 0 |
| 31 Dec 15 | 6 | 2 | 1 | 0 |
| 30 Sep 15 | 6 | 1 | 1 | 0 |
| 30 Jun 15 | 5 | 1 | 1 | 0 |
| 31 Mar 15 | 5 | 1 | 1 | 0 |
| 31 Dec 14 | 5 | 1 | 1 | 0 |
| 30 Sep 14 | 5 | 1 | 1 | 0 |
| 30 Jun 14 | 5 | 1 | 1 | 0 |
| 31 Mar 14 | 4 | 1 | 1 | 0 |
| 31 Dec 13 | 5 | 1 | 1 | 0 |
| 30 Sep 13 | 5 | 1 | 1 | 0 |
| 30 Jun 13 | 5 | 1 | 1 | 0 |
Quality Earnings: BASREC has high quality earnings.
Growing Profit Margin: BASREC's current net profit margins (32.3%) are higher than last year (18.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BASREC's earnings have declined by 20% per year over the past 5 years.
Accelerating Growth: BASREC's earnings growth over the past year (98.6%) exceeds its 5-year average (-20% per year).
Earnings vs Industry: BASREC earnings growth over the past year (98.6%) exceeded the Machinery industry 8.9%.
Return on Equity
High ROE: BASREC's Return on Equity (6.3%) is considered low.