HEDGE Brasil Shopping Fundo de Investimento Imobiliário Past Earnings Performance
Past criteria checks 3/6
HEDGE Brasil Shopping Fundo de Investimento Imobiliário has been growing earnings at an average annual rate of 27.9%, while the Retail REITs industry saw earnings growing at 12.6% annually. Revenues have been growing at an average rate of 30% per year. HEDGE Brasil Shopping Fundo de Investimento Imobiliário's return on equity is 11.5%, and it has net margins of 125.6%.
Key information
27.9%
Earnings growth rate
41.4%
EPS growth rate
| Retail REITs Industry Growth | n/a |
| Revenue growth rate | 30.0% |
| Return on equity | 11.5% |
| Net Margin | 125.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How HEDGE Brasil Shopping Fundo de Investimento Imobiliário 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 | 269 | 338 | 14 | 0 |
| 30 Sep 23 | 100 | 140 | 9 | 0 |
| 30 Jun 23 | 149 | 192 | 12 | 0 |
| 31 Mar 23 | 1,881 | 1,431 | 284 | 0 |
| 31 Dec 22 | 181 | 230 | 12 | 0 |
| 30 Sep 22 | 174 | 132 | 19 | 0 |
| 30 Jun 22 | 96 | 61 | 12 | 0 |
| 31 Mar 22 | 73 | 37 | 13 | 0 |
| 31 Dec 21 | 60 | 18 | 14 | 0 |
| 30 Sep 21 | -92 | -125 | 15 | 0 |
| 31 Mar 21 | -132 | -164 | 14 | 0 |
| 31 Dec 20 | -104 | -137 | 15 | 0 |
| 30 Sep 20 | 217 | 324 | 13 | 0 |
| 31 Mar 20 | 245 | 313 | 15 | 0 |
| 31 Dec 19 | 229 | 300 | 12 | 0 |
| 31 Mar 19 | 113 | 45 | 8 | 0 |
| 31 Dec 18 | 107 | 39 | 8 | 0 |
| 31 Dec 17 | 130 | 172 | 17 | 0 |
| 31 Dec 16 | 121 | 105 | 15 | 0 |
| 30 Sep 16 | 103 | 96 | 14 | 0 |
| 30 Jun 16 | 88 | 87 | 13 | 0 |
| 31 Mar 16 | 91 | 89 | 13 | 0 |
| 31 Dec 15 | 93 | 92 | 13 | 0 |
| 30 Sep 15 | 95 | 116 | 21 | 0 |
| 30 Jun 15 | 106 | 115 | 14 | 0 |
| 31 Mar 15 | 102 | 111 | 14 | 0 |
| 31 Dec 14 | 104 | 113 | 14 | 0 |
| 30 Sep 14 | 99 | 102 | 17 | 0 |
| 30 Jun 14 | 98 | 102 | 17 | 0 |
| 31 Mar 14 | 99 | 102 | 17 | 0 |
| 31 Dec 13 | 97 | 99 | 17 | 0 |
Quality Earnings: HGBS11 has a large one-off gain of R$99.7M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: HGBS11's current net profit margins are lower than last year .
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HGBS11's earnings have grown significantly by 27.9% per year over the past 5 years.
Accelerating Growth: HGBS11's earnings growth over the past year (46.8%) exceeds its 5-year average (27.9% per year).
Earnings vs Industry: HGBS11 earnings growth over the past year (46.8%) exceeded the Retail REITs industry 6.1%.
Return on Equity
High ROE: HGBS11's Return on Equity (11.5%) is considered low.