Wedge IndustrialLtd Past Earnings Performance
Past criteria checks 4/6
Wedge IndustrialLtd has been growing earnings at an average annual rate of 11.3%, while the Real Estate industry saw earnings declining at 7.9% annually. Revenues have been growing at an average rate of 10.3% per year. Wedge IndustrialLtd's return on equity is 15.5%, and it has net margins of 18.6%.
Key information
11.3%
Earnings growth rate
11.3%
EPS growth rate
| Real Estate Industry Growth | -5.2% |
| Revenue growth rate | 10.3% |
| Return on equity | 15.5% |
| Net Margin | 18.6% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How Wedge IndustrialLtd 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 | 990 | 184 | 429 | 106 |
| 31 Dec 23 | 981 | 177 | 439 | 104 |
| 30 Sep 23 | 940 | 129 | 432 | 85 |
| 30 Jun 23 | 895 | 114 | 435 | 78 |
| 31 Mar 23 | 939 | 128 | 459 | 86 |
| 01 Jan 23 | 794 | 102 | 399 | 75 |
| 30 Sep 22 | 768 | 106 | 381 | 72 |
| 30 Jun 22 | 751 | 106 | 381 | 70 |
| 31 Mar 22 | 654 | 84 | 386 | 64 |
| 01 Jan 22 | 656 | 95 | 363 | 75 |
| 30 Sep 21 | 650 | 92 | 372 | 81 |
| 30 Jun 21 | 602 | 92 | 339 | 82 |
| 31 Mar 21 | 522 | 76 | 309 | 83 |
| 31 Dec 20 | 553 | 77 | 343 | 78 |
| 30 Sep 20 | 520 | 59 | 347 | 69 |
| 30 Jun 20 | 524 | 85 | 366 | 66 |
| 31 Mar 20 | 589 | 97 | 381 | 55 |
| 31 Dec 19 | 549 | 71 | 385 | 45 |
| 30 Sep 19 | 734 | 100 | 423 | 44 |
| 30 Jun 19 | 747 | 108 | 394 | 31 |
| 31 Mar 19 | 723 | 126 | 417 | 45 |
| 01 Jan 19 | 706 | 145 | 413 | 45 |
| 30 Sep 18 | 386 | 202 | 342 | 46 |
| 30 Jun 18 | 293 | 153 | 305 | 44 |
| 31 Mar 18 | 365 | 150 | 230 | 23 |
| 01 Jan 18 | 255 | 89 | 156 | 22 |
| 30 Sep 17 | 405 | 21 | 80 | 0 |
| 30 Jun 17 | 346 | -5 | 58 | 0 |
| 31 Mar 17 | 174 | 80 | 61 | 0 |
| 31 Dec 16 | 195 | 76 | 68 | 0 |
| 30 Sep 16 | 61 | 67 | 110 | 0 |
| 30 Jun 16 | 246 | 96 | 125 | 0 |
| 31 Mar 16 | 375 | 6 | 125 | 0 |
| 31 Dec 15 | 492 | 46 | 125 | 0 |
| 30 Sep 15 | 555 | 49 | 78 | 0 |
| 30 Jun 15 | 531 | 42 | 91 | 0 |
| 31 Mar 15 | 566 | 41 | 63 | 0 |
| 31 Dec 14 | 527 | 51 | 67 | 0 |
| 30 Sep 14 | 1,166 | 167 | 130 | 0 |
| 30 Jun 14 | 1,135 | 178 | 105 | 0 |
| 31 Mar 14 | 1,089 | 159 | 124 | 0 |
| 31 Dec 13 | 1,122 | 151 | 113 | 0 |
| 30 Sep 13 | 703 | 117 | 62 | 0 |
| 30 Jun 13 | 672 | 124 | 67 | 0 |
Quality Earnings: 000534 has a high level of non-cash earnings.
Growing Profit Margin: 000534's current net profit margins (18.6%) are higher than last year (13.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 000534's earnings have grown by 11.3% per year over the past 5 years.
Accelerating Growth: 000534's earnings growth over the past year (44.1%) exceeds its 5-year average (11.3% per year).
Earnings vs Industry: 000534 earnings growth over the past year (44.1%) exceeded the Real Estate industry -8%.
Return on Equity
High ROE: 000534's Return on Equity (15.5%) is considered low.