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Companhia Energética do Rio Grande do Norte - COSERN Past Earnings Performance

Past criteria checks 2/6

Companhia Energética do Rio Grande do Norte - COSERN has been growing earnings at an average annual rate of 18.7%, while the Electric Utilities industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 8.4% per year. Companhia Energética do Rio Grande do Norte - COSERN's return on equity is 33.6%, and it has net margins of 15.3%.

Key information

18.7%

Earnings growth rate

18.6%

EPS growth rate

Electric Utilities Industry Growth	19.5%
Revenue growth rate	8.4%
Return on equity	33.6%
Net Margin	15.3%
Last Earnings Update	30 Jun 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Companhia Energética do Rio Grande do Norte - COSERN makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BOVESPA:CSRN5 Revenue, expenses and earnings (BRL Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	3,628	555	185
31 Mar 24	3,572	599	177
31 Dec 23	3,618	587	176
30 Sep 23	3,656	656	174
30 Jun 23	3,615	639	172
31 Mar 23	3,648	599	185
31 Dec 22	3,544	581	177
30 Sep 22	3,525	523	181
30 Jun 22	3,762	561	172
31 Mar 22	3,736	563	159
31 Dec 21	3,616	533	158
30 Sep 21	3,511	487	154
30 Jun 21	3,155	440	159
31 Mar 21	2,910	373	161
31 Dec 20	2,794	342	162
30 Sep 20	2,617	322	148
30 Jun 20	2,534	300	139
31 Mar 20	2,558	298	138
31 Dec 19	2,623	273	141
30 Sep 19	2,558	226	195
30 Jun 19	2,649	244	199
31 Mar 19	2,596	244	148
31 Dec 18	2,397	242	188
30 Sep 18	2,386	274	124
30 Jun 18	2,236	215	111
31 Mar 18	2,212	209	113
31 Dec 17	2,171	188	117
30 Sep 17	2,097	180	117
30 Jun 17	1,981	193	134
31 Mar 17	1,861	159	138
31 Dec 16	1,794	171	144
30 Sep 16	1,751	181	188
30 Jun 16	1,713	170	183
31 Mar 16	1,807	207	176
31 Dec 15	1,786	207	165
30 Sep 15	1,842	234	180
30 Jun 15	1,816	225	171
31 Mar 15	1,665	208	163
31 Dec 14	1,613	198	155
30 Sep 14	1,434	156	114
30 Jun 14	1,366	187	125
31 Mar 14	1,345	195	146
31 Dec 13	1,354	208	153
30 Sep 13	1,397	200	156

Quality Earnings: CSRN5 has high quality earnings.

Growing Profit Margin: CSRN5's current net profit margins (15.3%) are lower than last year (17.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: CSRN5's earnings have grown by 18.7% per year over the past 5 years.

Accelerating Growth: CSRN5's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CSRN5 had negative earnings growth (-13.1%) over the past year, making it difficult to compare to the Electric Utilities industry average (8.1%).

Return on Equity

High ROE: Whilst CSRN5's Return on Equity (33.56%) is high, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/09/01 05:38
End of Day Share Price	2024/08/30 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Companhia Energética do Rio Grande do Norte - COSERN is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution