Oriental Energy Past Earnings Performance
Past criteria checks 1/6
Oriental Energy's earnings have been declining at an average annual rate of -33.9%, while the Oil and Gas industry saw earnings growing at 21% annually. Revenues have been declining at an average rate of 14.5% per year. Oriental Energy's return on equity is 1.4%, and it has net margins of 0.6%.
Key information
-33.9%
Earnings growth rate
-33.6%
EPS growth rate
| Oil and Gas Industry Growth | 25.6% |
| Revenue growth rate | -14.5% |
| Return on equity | 1.4% |
| Net Margin | 0.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Oriental 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 Mar 24 | 27,076 | 154 | 225 | 11 |
| 31 Dec 23 | 27,123 | 151 | 231 | 11 |
| 30 Sep 23 | 27,539 | 1 | 243 | -40 |
| 30 Jun 23 | 28,220 | -17 | 231 | -11 |
| 31 Mar 23 | 29,373 | -12 | 236 | 19 |
| 01 Jan 23 | 29,199 | 42 | 245 | 16 |
| 30 Sep 22 | 29,235 | 424 | 216 | 33 |
| 30 Jun 22 | 29,614 | 680 | 269 | 20 |
| 31 Mar 22 | 28,377 | 1,021 | 282 | 14 |
| 01 Jan 22 | 28,681 | 1,286 | 285 | 15 |
| 30 Sep 21 | 26,808 | 1,202 | 285 | 144 |
| 30 Jun 21 | 26,891 | 1,272 | 275 | 130 |
| 31 Mar 21 | 27,035 | 1,315 | 241 | 98 |
| 31 Dec 20 | 29,082 | 1,210 | 268 | 95 |
| 30 Sep 20 | 32,759 | 1,123 | 272 | 5 |
| 30 Jun 20 | 36,819 | 1,162 | 302 | 1 |
| 31 Mar 20 | 41,651 | 1,021 | 370 | 3 |
| 31 Dec 19 | 46,188 | 1,104 | 369 | 4 |
| 30 Sep 19 | 51,610 | 1,186 | 356 | 8 |
| 30 Jun 19 | 53,533 | 1,018 | 442 | 11 |
| 31 Mar 19 | 53,691 | 1,087 | 466 | 16 |
| 31 Dec 18 | 48,943 | 1,078 | 442 | 13 |
| 30 Sep 18 | 43,832 | 1,150 | 585 | 12 |
| 30 Jun 18 | 39,545 | 1,270 | 442 | 7 |
| 31 Mar 18 | 35,934 | 1,189 | 426 | 0 |
| 31 Dec 17 | 32,678 | 1,063 | 413 | 0 |
| 30 Sep 17 | 29,520 | 920 | 291 | 0 |
| 30 Jun 17 | 25,302 | 790 | 315 | 0 |
| 31 Mar 17 | 22,094 | 615 | 298 | 0 |
| 31 Dec 16 | 19,975 | 470 | 274 | 0 |
| 30 Sep 16 | 20,109 | 637 | 328 | 0 |
| 30 Jun 16 | 18,831 | 498 | 269 | 0 |
| 31 Mar 16 | 18,237 | 461 | 239 | 0 |
| 31 Dec 15 | 17,196 | 411 | 228 | 0 |
| 30 Sep 15 | 15,671 | 231 | 165 | 0 |
| 30 Jun 15 | 14,674 | 180 | 146 | 0 |
| 31 Mar 15 | 13,455 | 148 | 149 | 0 |
| 31 Dec 14 | 13,314 | 137 | 136 | 0 |
| 30 Sep 14 | 12,768 | 136 | 133 | 0 |
| 30 Jun 14 | 12,554 | 138 | 125 | 0 |
| 31 Mar 14 | 10,584 | 130 | 105 | 0 |
| 31 Dec 13 | 9,398 | 125 | 101 | 0 |
| 30 Sep 13 | 6,688 | 98 | 97 | 0 |
| 30 Jun 13 | 5,569 | 97 | 99 | 0 |
Quality Earnings: 002221 has a large one-off gain of CN¥49.0M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 002221 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002221's earnings have declined by 33.9% per year over the past 5 years.
Accelerating Growth: 002221 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 002221 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-30%).
Return on Equity
High ROE: 002221's Return on Equity (1.4%) is considered low.