CanAsia Energy Past Earnings Performance
Past criteria checks 0/6
CanAsia Energy's earnings have been declining at an average annual rate of -157%, while the Oil and Gas industry saw earnings growing at 40% annually.
Key information
-157.0%
Earnings growth rate
-149.4%
EPS growth rate
| Oil and Gas Industry Growth | 42.1% |
| Revenue growth rate | n/a |
| Return on equity | -65.0% |
| Net Margin | n/a |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How CanAsia Energy 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 | 0 | -3 | 3 | 0 |
| 30 Sep 23 | 0 | -3 | 4 | 0 |
Quality Earnings: CEC is currently unprofitable.
Growing Profit Margin: CEC is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if CEC's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare CEC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CEC is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-37.9%).
Return on Equity
High ROE: CEC has a negative Return on Equity (-65.04%), as it is currently unprofitable.