ASEC Company for Mining ASCOME Past Earnings Performance
Past criteria checks 4/6
ASEC Company for Mining ASCOME has been growing earnings at an average annual rate of 73.2%, while the Metals and Mining industry saw earnings growing at 51.4% annually. Revenues have been growing at an average rate of 12.1% per year. ASEC Company for Mining ASCOME's return on equity is 111.9%, and it has net margins of 116.3%.
Key information
73.2%
Earnings growth rate
73.8%
EPS growth rate
| Metals and Mining Industry Growth | 31.5% |
| Revenue growth rate | 12.1% |
| Return on equity | 111.9% |
| Net Margin | 116.3% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How ASEC Company for Mining ASCOME 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 |
|---|---|---|---|---|
| 30 Sep 23 | 1,774 | 2,064 | 410 | 0 |
| 30 Jun 23 | 1,656 | -85 | 154 | 0 |
| 31 Mar 23 | 1,574 | -36 | 145 | 0 |
| 31 Dec 22 | 1,362 | -81 | 127 | 0 |
| 30 Sep 22 | 1,249 | 63 | -25 | 0 |
| 30 Jun 22 | 1,123 | -5 | 16 | 0 |
| 31 Mar 22 | 988 | -64 | 54 | 0 |
| 31 Dec 21 | 938 | -85 | 90 | 0 |
| 30 Sep 21 | 895 | -17 | 277 | 0 |
| 30 Jun 21 | 891 | -48 | 267 | 0 |
| 31 Mar 21 | 829 | -75 | 233 | 0 |
| 31 Dec 20 | 822 | -71 | 218 | 0 |
| 30 Sep 20 | 852 | -129 | 201 | 0 |
| 30 Jun 20 | 851 | -107 | 198 | 0 |
| 31 Mar 20 | 924 | -59 | 214 | 0 |
| 31 Dec 19 | 967 | -47 | 222 | 0 |
| 30 Sep 19 | 978 | -73 | 229 | 0 |
| 30 Jun 19 | 999 | -84 | 228 | 0 |
| 31 Mar 19 | 987 | -92 | 235 | 0 |
| 31 Dec 18 | 951 | -92 | 227 | 0 |
| 30 Sep 18 | 935 | -42 | 222 | 0 |
| 30 Jun 18 | 906 | -178 | 210 | 0 |
| 31 Mar 18 | 920 | -236 | 190 | 0 |
| 31 Dec 17 | 954 | -294 | 186 | 0 |
| 30 Sep 17 | 931 | -366 | 166 | 0 |
| 30 Jun 17 | 886 | -228 | 154 | 0 |
| 31 Mar 17 | 837 | -190 | 140 | 0 |
| 31 Dec 16 | 746 | -129 | 121 | 0 |
| 30 Sep 16 | 713 | -50 | 108 | 0 |
| 30 Jun 16 | 689 | -60 | 100 | 0 |
| 31 Mar 16 | 704 | -59 | 93 | 0 |
| 31 Dec 15 | 702 | -45 | 88 | 0 |
| 30 Sep 15 | 706 | -50 | 90 | 0 |
| 30 Jun 15 | 714 | -8 | 95 | 0 |
| 31 Mar 15 | 660 | 0 | 96 | 0 |
| 31 Dec 14 | 632 | -18 | 100 | 0 |
| 30 Sep 14 | 583 | -16 | 86 | 0 |
| 30 Jun 14 | 546 | -58 | 81 | 0 |
| 31 Mar 14 | 542 | -75 | 79 | 0 |
| 31 Dec 13 | 524 | -55 | 79 | 0 |
| 30 Sep 13 | 527 | -110 | 93 | 0 |
| 30 Jun 13 | 539 | -97 | 92 | 0 |
Quality Earnings: ASCM has a high level of non-cash earnings.
Growing Profit Margin: ASCM's current net profit margins are higher than last year (5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ASCM has become profitable over the past 5 years, growing earnings by 73.2% per year.
Accelerating Growth: ASCM's earnings growth over the past year (3174.5%) exceeds its 5-year average (73.2% per year).
Earnings vs Industry: ASCM earnings growth over the past year (3174.5%) exceeded the Metals and Mining industry 109.8%.
Return on Equity
High ROE: Whilst ASCM's Return on Equity (111.93%) is outstanding, this metric is skewed due to their high level of debt.