CapitaLand Ascendas REIT Past Earnings Performance
Past criteria checks 1/6
CapitaLand Ascendas REIT has been growing earnings at an average annual rate of 6%, while the Industrial REITs industry saw earnings growing at 11.4% annually. Revenues have been growing at an average rate of 11.3% per year. CapitaLand Ascendas REIT's return on equity is 1.6%, and it has net margins of 10.8%.
Key information
6.0%
Earnings growth rate
-1.5%
EPS growth rate
| Industrial REITs Industry Growth | 11.2% |
| Revenue growth rate | 11.3% |
| Return on equity | 1.6% |
| Net Margin | 10.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How CapitaLand Ascendas REIT 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 | 1,480 | 159 | 16 | 0 |
| 30 Sep 23 | 1,442 | 440 | 16 | 0 |
| 30 Jun 23 | 1,405 | 720 | 16 | 0 |
| 31 Mar 23 | 1,379 | 736 | 16 | 0 |
| 31 Dec 22 | 1,353 | 751 | 16 | 0 |
| 30 Sep 22 | 1,330 | 875 | 12 | 0 |
| 30 Jun 22 | 1,307 | 999 | 8 | 0 |
| 31 Mar 22 | 1,269 | 974 | 11 | 0 |
| 31 Dec 21 | 1,230 | 948 | 14 | 0 |
| 30 Sep 21 | 1,177 | 733 | 17 | 0 |
| 30 Jun 21 | 1,124 | 518 | 20 | 0 |
| 31 Mar 21 | 1,092 | 480 | 15 | 0 |
| 31 Dec 20 | 1,059 | 442 | 10 | 0 |
| 30 Jun 20 | 996 | 512 | 11 | 0 |
| 31 Mar 20 | 961 | 513 | 10 | 0 |
| 31 Dec 19 | 927 | 514 | 9 | 0 |
| 30 Sep 19 | 911 | 519 | 8 | 0 |
| 30 Jun 19 | 900 | 514 | 8 | 0 |
| 31 Mar 19 | 887 | 489 | 8 | 0 |
| 31 Dec 18 | 877 | 483 | 8 | 0 |
| 30 Sep 18 | 868 | 464 | 8 | 0 |
| 30 Jun 18 | 866 | 474 | 8 | 0 |
| 31 Mar 18 | 863 | 480 | 8 | 0 |
| 31 Dec 17 | 856 | 419 | 9 | 0 |
| 30 Sep 17 | 847 | 458 | 9 | 0 |
| 30 Jun 17 | 837 | 445 | 10 | 0 |
| 31 Mar 17 | 831 | 413 | 10 | 0 |
| 31 Dec 16 | 826 | 371 | 10 | 0 |
| 30 Sep 16 | 811 | 317 | 9 | 0 |
| 30 Jun 16 | 788 | 329 | 9 | 0 |
| 31 Mar 16 | 761 | 338 | 7 | 0 |
| 31 Dec 15 | 731 | 412 | 7 | 0 |
| 30 Sep 15 | 709 | 414 | 6 | 0 |
| 30 Jun 15 | 691 | 403 | 5 | 0 |
| 31 Mar 15 | 673 | 398 | 6 | 0 |
| 31 Dec 14 | 656 | 462 | 5 | 0 |
| 30 Sep 14 | 639 | 475 | 6 | 0 |
| 30 Jun 14 | 626 | 437 | 5 | 0 |
| 31 Mar 14 | 614 | 482 | 5 | 0 |
| 31 Dec 13 | 602 | 433 | 5 | 0 |
| 30 Sep 13 | 593 | 406 | 5 | 0 |
| 30 Jun 13 | 585 | 391 | 5 | 0 |
Quality Earnings: S3Z has a large one-off loss of SGD491.3M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: S3Z's current net profit margins (10.8%) are lower than last year (55.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: S3Z's earnings have grown by 6% per year over the past 5 years.
Accelerating Growth: S3Z's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: S3Z had negative earnings growth (-78.8%) over the past year, making it difficult to compare to the Industrial REITs industry average (6.7%).
Return on Equity
High ROE: S3Z's Return on Equity (1.6%) is considered low.