Synex Renewable Energy Past Earnings Performance
Past criteria checks 0/6
Synex Renewable Energy has been growing earnings at an average annual rate of 41.4%, while the Renewable Energy industry saw earnings growing at 29% annually. Revenues have been declining at an average rate of 4.2% per year.
Key information
41.4%
Earnings growth rate
43.1%
EPS growth rate
| Renewable Energy Industry Growth | 36.0% |
| Revenue growth rate | -4.2% |
| Return on equity | -24.6% |
| Net Margin | -33.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Synex Renewable Energy 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 | 3 | -1 | 2 | 0 |
| 31 Dec 23 | 3 | -1 | 2 | 0 |
| 30 Sep 23 | 2 | -2 | 2 | 0 |
| 30 Jun 23 | 2 | -2 | 2 | 0 |
| 31 Mar 23 | 2 | -2 | 2 | 0 |
| 31 Dec 22 | 3 | -1 | 2 | 0 |
| 30 Sep 22 | 3 | -1 | 2 | 0 |
| 30 Jun 22 | 3 | -1 | 2 | 0 |
| 31 Mar 22 | 3 | -1 | 1 | 0 |
| 31 Dec 21 | 4 | -1 | 2 | 0 |
| 30 Sep 21 | 3 | -1 | 2 | 0 |
| 30 Jun 21 | 4 | -1 | 2 | 0 |
| 31 Mar 21 | 3 | 0 | 2 | 0 |
| 31 Dec 20 | 3 | 0 | 2 | 0 |
| 30 Sep 20 | 3 | 0 | 2 | 0 |
| 30 Jun 20 | 3 | 0 | 2 | 0 |
| 31 Mar 20 | 3 | -7 | 2 | 0 |
| 31 Dec 19 | 3 | -8 | 3 | 0 |
| 30 Sep 19 | 3 | -8 | 3 | 0 |
| 30 Jun 19 | 3 | -8 | 3 | 0 |
| 31 Mar 19 | 3 | -1 | 2 | 0 |
| 31 Dec 18 | 4 | -1 | 2 | 0 |
| 30 Sep 18 | 3 | -1 | 2 | 0 |
| 30 Jun 18 | 3 | -1 | 2 | 0 |
| 31 Mar 18 | 4 | -1 | 3 | 0 |
| 31 Dec 17 | 4 | -1 | 3 | 0 |
| 30 Sep 17 | 4 | 0 | 2 | 0 |
| 30 Jun 17 | 4 | 0 | 2 | 0 |
| 31 Mar 17 | 4 | 0 | 2 | 0 |
| 31 Dec 16 | 4 | 0 | 2 | 0 |
| 30 Sep 16 | 4 | 0 | 2 | 0 |
| 30 Jun 16 | 4 | 0 | 2 | 0 |
| 31 Mar 16 | 4 | 0 | 2 | 0 |
| 31 Dec 15 | 4 | -1 | 2 | 0 |
| 30 Sep 15 | 4 | 0 | 2 | 0 |
| 30 Jun 15 | 4 | -1 | 3 | 0 |
| 31 Mar 15 | 5 | 0 | 3 | 0 |
| 31 Dec 14 | 5 | 0 | 3 | 0 |
| 30 Sep 14 | 5 | -1 | 3 | 0 |
| 30 Jun 14 | 5 | 0 | 3 | 0 |
| 31 Mar 14 | 6 | 0 | 3 | 0 |
| 31 Dec 13 | 6 | 0 | 3 | 0 |
| 30 Sep 13 | 5 | 0 | 3 | 0 |
| 30 Jun 13 | 5 | 0 | 3 | 0 |
Quality Earnings: V5X is currently unprofitable.
Growing Profit Margin: V5X is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: V5X is unprofitable, but has reduced losses over the past 5 years at a rate of 41.4% per year.
Accelerating Growth: Unable to compare V5X's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: V5X is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-41.2%).
Return on Equity
High ROE: V5X has a negative Return on Equity (-24.59%), as it is currently unprofitable.