Grandblue Environment Past Earnings Performance
Past criteria checks 5/6
Grandblue Environment has been growing earnings at an average annual rate of 11.4%, while the Water Utilities industry saw earnings growing at 1.7% annually. Revenues have been growing at an average rate of 19.8% per year. Grandblue Environment's return on equity is 11.6%, and it has net margins of 12%.
Key information
11.4%
Earnings growth rate
9.7%
EPS growth rate
| Water Utilities Industry Growth | 7.5% |
| Revenue growth rate | 19.8% |
| Return on equity | 11.6% |
| Net Margin | 12.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Grandblue Environment 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 | 12,455 | 1,500 | 773 | 80 |
| 31 Dec 23 | 12,541 | 1,430 | 903 | 81 |
| 30 Sep 23 | 12,228 | 1,446 | 795 | 83 |
| 30 Jun 23 | 12,667 | 1,290 | 866 | 82 |
| 31 Mar 23 | 12,950 | 1,297 | 844 | 85 |
| 31 Dec 22 | 12,875 | 1,142 | 811 | 92 |
| 30 Sep 22 | 14,262 | 1,101 | 823 | 98 |
| 30 Jun 22 | 13,361 | 1,083 | 768 | 113 |
| 31 Mar 22 | 12,438 | 1,080 | 739 | 120 |
| 31 Dec 21 | 11,777 | 1,163 | 744 | 128 |
| 30 Sep 21 | 9,458 | 1,217 | 740 | 123 |
| 30 Jun 21 | 8,896 | 1,224 | 717 | 119 |
| 31 Mar 21 | 8,135 | 1,164 | 667 | 119 |
| 31 Dec 20 | 7,481 | 1,057 | 603 | 111 |
| 30 Sep 20 | 7,036 | 945 | 559 | 104 |
| 30 Jun 20 | 6,625 | 913 | 505 | 88 |
| 31 Mar 20 | 6,317 | 858 | 489 | 78 |
| 31 Dec 19 | 6,160 | 913 | 462 | 68 |
| 30 Sep 19 | 5,535 | 866 | 410 | 56 |
| 30 Jun 19 | 5,231 | 834 | 389 | 57 |
| 31 Mar 19 | 4,968 | 756 | 362 | 50 |
| 31 Dec 18 | 4,849 | 873 | 355 | 55 |
| 30 Sep 18 | 4,727 | 850 | 317 | 98 |
| 30 Jun 18 | 4,529 | 838 | 322 | 86 |
| 31 Mar 18 | 4,391 | 829 | 317 | 76 |
| 31 Dec 17 | 4,202 | 652 | 312 | 61 |
| 30 Sep 17 | 4,042 | 622 | 323 | 0 |
| 30 Jun 17 | 3,928 | 561 | 341 | 0 |
| 31 Mar 17 | 3,811 | 534 | 335 | 0 |
| 31 Dec 16 | 3,690 | 509 | 331 | 0 |
| 30 Sep 16 | 3,539 | 516 | 310 | 0 |
| 30 Jun 16 | 3,417 | 476 | 287 | 0 |
| 31 Mar 16 | 3,402 | 428 | 279 | 0 |
| 31 Dec 15 | 3,357 | 403 | 274 | 0 |
| 30 Sep 15 | 3,236 | 379 | 258 | 0 |
| 30 Jun 15 | 2,969 | 334 | 227 | 0 |
| 31 Mar 15 | 2,682 | 322 | 214 | 0 |
| 31 Dec 14 | 2,435 | 309 | 188 | 0 |
| 30 Sep 14 | 3,153 | 351 | 244 | 0 |
| 30 Jun 14 | 2,837 | 340 | 207 | 0 |
| 31 Mar 14 | 2,474 | 312 | 174 | 0 |
| 31 Dec 13 | 2,156 | 288 | 151 | 0 |
| 30 Sep 13 | 958 | 216 | 56 | 0 |
| 30 Jun 13 | 917 | 205 | 54 | 0 |
Quality Earnings: 600323 has high quality earnings.
Growing Profit Margin: 600323's current net profit margins (12%) are higher than last year (10%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600323's earnings have grown by 11.4% per year over the past 5 years.
Accelerating Growth: 600323's earnings growth over the past year (15.7%) exceeds its 5-year average (11.4% per year).
Earnings vs Industry: 600323 earnings growth over the past year (15.7%) exceeded the Water Utilities industry 2.8%.
Return on Equity
High ROE: 600323's Return on Equity (11.6%) is considered low.