New Hope Past Earnings Performance

Past criteria checks 2/6

New Hope has been growing earnings at an average annual rate of 39.8%, while the Oil and Gas industry saw earnings growing at 29.3% annually. Revenues have been growing at an average rate of 17.9% per year. New Hope's return on equity is 18.7%, and it has net margins of 26.4%.

Key information

39.8%

Earnings growth rate

39.4%

EPS growth rate

Oil and Gas Industry Growth	37.3%
Revenue growth rate	17.9%
Return on equity	18.7%
Net Margin	26.4%
Last Earnings Update	31 Jul 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How New Hope makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:OD8 Revenue, expenses and earnings (AUD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Jul 24	1,802	476	178
30 Apr 24	1,916	573	165
31 Jan 24	2,029	670	153
31 Oct 23	2,392	879	152
31 Jul 23	2,754	1,087	152
30 Apr 23	2,932	1,204	155
31 Jan 23	3,109	1,321	159
31 Oct 22	2,831	1,152	158
31 Jul 22	2,552	983	158
30 Apr 22	2,110	724	140
31 Jan 22	1,668	465	122
31 Oct 21	1,358	272	148
31 Jul 21	1,048	79	174
30 Apr 21	960	-101	199
31 Jan 21	871	-282	225
31 Oct 20	978	-219	214
31 Jul 20	1,084	-157	203
31 Jan 20	1,308	160	210
31 Oct 19	1,307	185	202
31 Jul 19	1,306	210	194
31 Jan 19	1,186	187	176
31 Oct 18	1,132	187	176
31 Jul 18	1,078	187	177
30 Apr 18	1,029	190	181
31 Jan 18	979	193	184
31 Oct 17	911	167	181
31 Jul 17	844	141	178
30 Apr 17	760	76	173
31 Jan 17	677	12	167
31 Oct 16	604	-21	163
31 Jul 16	531	-54	158
30 Apr 16	499	-25	149
31 Jan 16	466	4	139
31 Oct 15	487	-9	143
31 Jul 15	507	-22	146
30 Apr 15	521	-5	148
31 Jan 15	534	13	150
31 Oct 14	542	36	149
31 Jul 14	549	58	147
30 Apr 14	584	43	151
31 Jan 14	618	28	155

Quality Earnings: OD8 has high quality earnings.

Growing Profit Margin: OD8's current net profit margins (26.4%) are lower than last year (39.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: OD8's earnings have grown significantly by 39.8% per year over the past 5 years.

Accelerating Growth: OD8's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: OD8 had negative earnings growth (-56.2%) over the past year, making it difficult to compare to the Oil and Gas industry average (-28.6%).

Return on Equity

High ROE: OD8's Return on Equity (18.7%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/17 14:22
End of Day Share Price	2024/12/17 00:00
Earnings	2024/07/31
Annual Earnings	2024/07/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

New Hope Corporation Limited is covered by 21 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Russell Wright	Barclay Pearce Capital Pty Limited
James Williamson	Bell Potter
Andrew Scott	CGS International

New Hope Past Earnings Performance

Past criteria checks 2/6

Key information

Recent past performance updates

Full year 2024 earnings released: EPS: AU$0.56 (vs AU$1.26 in FY 2023)

First half 2024 earnings released: EPS: AU$0.30 (vs AU$0.78 in 1H 2023)

Full year 2023 earnings released: EPS: AU$1.26 (vs AU$1.18 in FY 2022)

First half 2023 earnings released: EPS: AU$0.78 (vs AU$0.40 in 1H 2022)

Full year 2022 earnings released: EPS: AU$1.18 (vs AU$0.095 in FY 2021)

Full year 2021 earnings released: EPS AU$0.095 (vs AU$0.19 loss in FY 2020)

Recent updates

New Hope Corporation Limited, Annual General Meeting, Nov 21, 2024

Upcoming dividend of AU$0.22 per share

New major risk - Revenue and earnings growth

Full year 2024 earnings released: EPS: AU$0.56 (vs AU$1.26 in FY 2023)

New Hope Corporation Limited Provides Production Guidance for the Fiscal Year 2024

New Hope Corporation Limited Directorate Changes

Upcoming dividend of AU$0.17 per share

Non-Executive Director recently bought €283k worth of stock

First half dividend of AU$0.17 announced

First half 2024 earnings released: EPS: AU$0.30 (vs AU$0.78 in 1H 2023)

New minor risk - Share price stability

New Hope Corporation Limited Declares Special Dividend, Payable on November 7 November 2023

Upcoming dividend of AU$0.30 per share at 11% yield

New Hope Corporation Limited, Annual General Meeting, Nov 23, 2023

Full year 2023 earnings released: EPS: AU$1.26 (vs AU$1.18 in FY 2022)

New Hope Corporation Limited Declares Ordinary Final Dividend and Special Dividend for the Fiscal Year 2023, Payable on November 7, 2023

Investor sentiment deteriorates as stock falls 16%

Investor sentiment improves as stock rises 17%

Non-Executive Director recently bought €333k worth of stock

Investor sentiment deteriorates as stock falls 15%

Upcoming dividend of AU$0.40 per share at 16% yield

Non-Executive Chairman recently bought €1.0m worth of stock

First half 2023 earnings released: EPS: AU$0.78 (vs AU$0.40 in 1H 2022)

Investor sentiment deteriorates as stock falls 15%

Now 21% undervalued after recent price drop

Now 21% undervalued

New Hope Corporation Limited Appoints Lucia Stocker as an Independent Non-Executive Director, Effective 1 February 2023

Independent Non-Executive Director recently bought €56k worth of stock

Investor sentiment deteriorated over the past week

New Hope Corporation Limited (ASX:NHC) announces an Equity Buyback for AUD 300 million worth of its shares.

Investor sentiment deteriorated over the past week

New Hope Corporation Limited, Annual General Meeting, Nov 24, 2022

New Hope Reportedly in Race for Aurizon East Coast Rail

Upcoming dividend of AU$0.56 per share

Non-Executive Chairman recently bought €1.2m worth of stock

New Hope Corporation Limited Declares Final Special Dividend for the Fiscal Year 2022, Payable on November 8, 2022

Full year 2022 earnings released: EPS: AU$1.18 (vs AU$0.095 in FY 2021)

New Hope Corporation Limited Declares Ordinary Fully Franked Distribution for the Twelve Months Ended July 31, 2022, Payable on November 8, 2022

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New Hope Corporation Limited Appoints Steven Boulton to the Board

Investor sentiment improved over the past week

Bowen Coking Coal Limited (ASX:BCB) completed the acquisition of New Lenton Coal Pty. Limited from New Hope Corporation Limited (ASX:NHC).

New Hope Corporation Limited Announces New Acland Stage 3 Update

Investor sentiment deteriorated over the past week

Non-Executive Director recently bought €494k worth of stock

Less than half of directors are independent

Now 22% undervalued

Upcoming dividend of AU$0.30 per share

Non-Executive Director recently bought €229k worth of stock

Now 21% undervalued

Investor sentiment improved over the past week

Now 21% undervalued

Investor sentiment improved over the past week

New Hope Corporation Limited Appoints Mr. Robert Bishop as Chief Executive Officer

Now 24% undervalued after recent price drop

Non-Executive Chairman recently bought €159k worth of stock

Non-Executive Director recently bought €260k worth of stock

Non-Executive Chairman recently bought €328k worth of stock

Upcoming dividend of AU$0.07 per share

Full year 2021 earnings released: EPS AU$0.095 (vs AU$0.19 loss in FY 2020)

Bowen Coking Coal Limited (ASX:BCB) has entered into a Binding Term Sheet to acquire to acquire New Lenton Coal Pty. Limited from New Hope Corporation Limited (ASX:NHC) for AUD 27.5 million.

Less than half of directors are independent

Upcoming dividend of AU$0.04 per share

First half 2021 earnings released: AU$0.067 loss per share (vs AU$0.084 profit in 1H 2020)

New Hope Corporation Limited Announces Executive Changes

New Hope Corporate Offers Voluntary Redundancies to Workers in Its Corporate Headquarters

Full year earnings released - €0.19 loss per share

New Hope Corporation Limited Announces Changes to its Board