Daido Steel Past Earnings Performance
Past criteria checks 2/6
Daido Steel has been growing earnings at an average annual rate of 19%, while the Metals and Mining industry saw earnings growing at 23.7% annually. Revenues have been growing at an average rate of 3.2% per year. Daido Steel's return on equity is 7.2%, and it has net margins of 5%.
Key information
19.0%
Earnings growth rate
19.0%
EPS growth rate
| Metals and Mining Industry Growth | 29.2% |
| Revenue growth rate | 3.2% |
| Return on equity | 7.2% |
| Net Margin | 5.0% |
| Next Earnings Update | 10 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Daido Steel 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 Dec 23 | 582,201 | 28,990 | 55,704 | 0 |
| 30 Sep 23 | 585,301 | 29,609 | 54,840 | 0 |
| 30 Jun 23 | 582,820 | 32,896 | 54,147 | 0 |
| 31 Mar 23 | 578,564 | 36,438 | 53,913 | 0 |
| 31 Dec 22 | 573,894 | 32,877 | 54,338 | 0 |
| 30 Sep 22 | 556,300 | 32,348 | 54,435 | 0 |
| 30 Jun 22 | 536,110 | 29,123 | 53,618 | 0 |
| 31 Mar 22 | 529,667 | 26,894 | 53,583 | 0 |
| 31 Dec 21 | 516,094 | 25,096 | 52,985 | 0 |
| 30 Sep 21 | 488,456 | 19,674 | 52,005 | 0 |
| 30 Jun 21 | 455,172 | 13,697 | 51,214 | 0 |
| 31 Mar 21 | 412,722 | 4,516 | 49,673 | 0 |
| 31 Dec 20 | 403,988 | -3,542 | 49,636 | 0 |
| 30 Sep 20 | 417,435 | -2,588 | 50,813 | 0 |
| 30 Jun 20 | 451,489 | -54 | 52,490 | 0 |
| 31 Mar 20 | 490,421 | 10,987 | 54,884 | 0 |
| 31 Dec 19 | 505,393 | 20,594 | 55,642 | 0 |
| 30 Sep 19 | 526,088 | 21,680 | 56,317 | 0 |
| 30 Jun 19 | 535,545 | 25,010 | 56,605 | 0 |
| 31 Mar 19 | 543,255 | 21,182 | 56,326 | 0 |
| 31 Dec 18 | 545,795 | 22,354 | 56,446 | 0 |
| 30 Sep 18 | 533,743 | 22,789 | 55,873 | 0 |
| 30 Jun 18 | 521,517 | 23,794 | 55,562 | 0 |
| 31 Mar 18 | 505,219 | 23,920 | 55,032 | 0 |
| 31 Dec 17 | 492,432 | 23,804 | 54,259 | 0 |
| 30 Sep 17 | 473,231 | 22,913 | 53,495 | 0 |
| 30 Jun 17 | 458,099 | 19,844 | 52,495 | 0 |
| 31 Mar 17 | 445,122 | 16,386 | 51,696 | 0 |
| 31 Dec 16 | 438,160 | 11,070 | 50,377 | 0 |
| 30 Sep 16 | 439,755 | 10,072 | 49,499 | 0 |
| 30 Jun 16 | 450,028 | 7,286 | 49,235 | 0 |
| 31 Mar 16 | 460,577 | 6,746 | 48,774 | 0 |
| 31 Dec 15 | 468,301 | 8,149 | 48,815 | 0 |
| 30 Sep 15 | 478,548 | 8,807 | 49,061 | 0 |
| 30 Jun 15 | 480,519 | 10,092 | 48,728 | 0 |
| 31 Mar 15 | 483,633 | 10,886 | 48,312 | 0 |
| 31 Dec 14 | 483,071 | 12,099 | 48,372 | 0 |
| 30 Sep 14 | 474,525 | 9,961 | 47,887 | 0 |
| 30 Jun 14 | 467,705 | 11,465 | 47,537 | 0 |
| 31 Mar 14 | 457,731 | 12,616 | 47,150 | 0 |
| 31 Dec 13 | 440,588 | 12,998 | 45,993 | 0 |
| 30 Sep 13 | 428,827 | 12,247 | 45,550 | 0 |
| 30 Jun 13 | 431,757 | 10,442 | 45,744 | 0 |
Quality Earnings: DDL has high quality earnings.
Growing Profit Margin: DDL's current net profit margins (5%) are lower than last year (5.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: DDL's earnings have grown by 19% per year over the past 5 years.
Accelerating Growth: DDL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DDL had negative earnings growth (-11.8%) over the past year, making it difficult to compare to the Metals and Mining industry average (-34.7%).
Return on Equity
High ROE: DDL's Return on Equity (7.2%) is considered low.