EIT Environmental Development GroupLtd Past Earnings Performance
Past criteria checks 2/6
EIT Environmental Development GroupLtd has been growing earnings at an average annual rate of 9.5%, while the Commercial Services industry saw earnings growing at 5.8% annually. Revenues have been growing at an average rate of 13.7% per year. EIT Environmental Development GroupLtd's return on equity is 14.1%, and it has net margins of 8.2%.
Key information
9.5%
Earnings growth rate
4.4%
EPS growth rate
| Commercial Services Industry Growth | 7.0% |
| Revenue growth rate | 13.7% |
| Return on equity | 14.1% |
| Net Margin | 8.2% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How EIT Environmental Development GroupLtd 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 Mar 24 | 6,445 | 529 | 504 | 37 |
| 31 Dec 23 | 6,161 | 521 | 476 | 32 |
| 30 Jun 23 | 5,716 | 540 | 514 | 22 |
| 31 Mar 23 | 5,536 | 505 | 484 | 21 |
| 31 Dec 22 | 5,394 | 494 | 464 | 18 |
| 30 Sep 22 | 5,210 | 431 | 436 | 14 |
| 30 Jun 22 | 5,040 | 430 | 421 | 11 |
| 31 Mar 22 | 4,925 | 451 | 404 | 10 |
| 31 Dec 21 | 4,834 | 473 | 394 | 9 |
| 30 Sep 21 | 4,734 | 526 | 404 | 8 |
| 30 Jun 21 | 4,657 | 598 | 384 | 7 |
| 31 Mar 21 | 4,515 | 636 | 374 | 6 |
| 31 Dec 20 | 4,315 | 631 | 362 | 4 |
| 30 Sep 20 | 4,114 | 601 | 306 | 2 |
| 30 Jun 20 | 3,948 | 525 | 300 | 1 |
| 31 Mar 20 | 3,757 | 400 | 301 | 0 |
| 31 Dec 19 | 3,595 | 313 | 298 | 0 |
| 30 Sep 19 | 3,406 | 275 | 446 | 0 |
| 30 Jun 19 | 3,222 | 231 | 272 | 0 |
| 31 Mar 19 | 2,988 | 197 | 251 | 0 |
| 31 Dec 18 | 2,816 | 182 | 237 | 0 |
| 31 Dec 17 | 2,152 | 154 | 171 | 0 |
| 31 Dec 16 | 1,547 | 108 | 128 | 0 |
| 30 Sep 16 | 1,419 | 92 | 123 | 0 |
| 30 Jun 16 | 1,291 | 76 | 104 | 0 |
| 31 Mar 16 | 1,204 | 70 | 96 | 0 |
| 31 Dec 15 | 1,117 | 65 | 80 | 0 |
Quality Earnings: 300815 has a high level of non-cash earnings.
Growing Profit Margin: 300815's current net profit margins (8.2%) are lower than last year (9.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300815's earnings have grown by 9.5% per year over the past 5 years.
Accelerating Growth: 300815's earnings growth over the past year (4.7%) is below its 5-year average (9.5% per year).
Earnings vs Industry: 300815 earnings growth over the past year (4.7%) exceeded the Commercial Services industry 0.7%.
Return on Equity
High ROE: 300815's Return on Equity (14.1%) is considered low.