City Developments Past Earnings Performance
Past criteria checks 1/6
City Developments has been growing earnings at an average annual rate of 9.5%, while the Real Estate industry saw earnings growing at 2.8% annually. Revenues have been growing at an average rate of 4.5% per year. City Developments's return on equity is 3.7%, and it has net margins of 6.2%.
Key information
9.5%
Earnings growth rate
9.5%
EPS growth rate
| Real Estate Industry Growth | -2.1% |
| Revenue growth rate | 4.5% |
| Return on equity | 3.7% |
| Net Margin | 6.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How City Developments 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 | 4,941 | 305 | 581 | 0 |
| 30 Sep 23 | 4,733 | 262 | 592 | 0 |
| 30 Jun 23 | 4,525 | 219 | 603 | 0 |
| 31 Mar 23 | 3,909 | 746 | 598 | 0 |
| 31 Dec 22 | 3,293 | 1,272 | 594 | 0 |
| 30 Sep 22 | 3,100 | 1,248 | 569 | 0 |
| 30 Jun 22 | 2,906 | 1,223 | 544 | 0 |
| 31 Mar 22 | 2,766 | 648 | 526 | 0 |
| 31 Dec 21 | 2,626 | 72 | 509 | 0 |
| 30 Sep 21 | 2,427 | -947 | 493 | 0 |
| 30 Jun 21 | 2,228 | -1,966 | 478 | 0 |
| 31 Mar 21 | 2,168 | -1,948 | 483 | 0 |
| 31 Dec 20 | 2,108 | -1,930 | 488 | 0 |
| 30 Sep 20 | 2,538 | -886 | 539 | 0 |
| 30 Jun 20 | 2,905 | 193 | 568 | 0 |
| 31 Mar 20 | 3,219 | 350 | 582 | 0 |
| 31 Dec 19 | 3,429 | 552 | 591 | 0 |
| 30 Sep 19 | 3,270 | 542 | 565 | 0 |
| 30 Jun 19 | 3,402 | 600 | 560 | 0 |
| 31 Mar 19 | 3,911 | 659 | 543 | 0 |
| 31 Dec 18 | 4,223 | 544 | 529 | 0 |
| 30 Sep 18 | 4,762 | 632 | 524 | 0 |
| 30 Jun 18 | 4,609 | 606 | 513 | 0 |
| 31 Mar 18 | 4,103 | 499 | 515 | 0 |
| 31 Dec 17 | 3,829 | 509 | 522 | 0 |
| 30 Sep 17 | 3,668 | 587 | 528 | 0 |
| 30 Jun 17 | 3,727 | 611 | 536 | 0 |
| 31 Mar 17 | 3,966 | 631 | 535 | 0 |
| 31 Dec 16 | 3,905 | 640 | 536 | 0 |
| 30 Sep 16 | 3,593 | 807 | 527 | 0 |
| 30 Jun 16 | 3,480 | 743 | 533 | 0 |
| 31 Mar 16 | 3,212 | 743 | 534 | 0 |
| 31 Dec 15 | 3,304 | 760 | 529 | 0 |
| 30 Sep 15 | 3,296 | 735 | 536 | 0 |
| 30 Jun 15 | 3,808 | 756 | 525 | 0 |
| 31 Mar 15 | 3,845 | 760 | 525 | 0 |
| 31 Dec 14 | 3,764 | 757 | 509 | 0 |
| 30 Sep 14 | 3,706 | 594 | 495 | 0 |
| 30 Jun 14 | 3,219 | 588 | 481 | 0 |
| 31 Mar 14 | 3,171 | 655 | 473 | 0 |
| 31 Dec 13 | 3,213 | 673 | 475 | 0 |
| 30 Sep 13 | 3,311 | 701 | 488 | 0 |
| 30 Jun 13 | 3,309 | 714 | 494 | 0 |
Quality Earnings: CDE has a large one-off gain of SGD117.7M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: CDE's current net profit margins (6.2%) are lower than last year (38.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CDE's earnings have grown by 9.5% per year over the past 5 years.
Accelerating Growth: CDE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CDE had negative earnings growth (-76%) over the past year, making it difficult to compare to the Real Estate industry average (-15.7%).
Return on Equity
High ROE: CDE's Return on Equity (3.7%) is considered low.