Solar Past Earnings Performance
Past criteria checks 2/6
Solar has been growing earnings at an average annual rate of 33.3%, while the Trade Distributors industry saw earnings growing at 15.3% annually. Revenues have been growing at an average rate of 4.7% per year. Solar's return on equity is 17.6%, and it has net margins of 2.7%.
Key information
33.3%
Earnings growth rate
33.3%
EPS growth rate
| Trade Distributors Industry Growth | 16.3% |
| Revenue growth rate | 4.7% |
| Return on equity | 17.6% |
| Net Margin | 2.7% |
| Next Earnings Update | 02 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Solar 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 | 13,031 | 347 | 2,053 | 0 |
| 30 Sep 23 | 13,555 | 462 | 2,078 | 0 |
| 30 Jun 23 | 13,856 | 567 | 2,113 | 0 |
| 31 Mar 23 | 14,057 | 637 | 2,113 | 0 |
| 31 Dec 22 | 13,863 | 660 | 2,070 | 0 |
| 30 Sep 22 | 13,559 | 650 | 2,043 | 0 |
| 30 Jun 22 | 13,165 | 598 | 1,982 | 0 |
| 31 Mar 22 | 12,812 | 599 | 1,932 | 0 |
| 31 Dec 21 | 12,354 | 531 | 1,869 | 0 |
| 30 Sep 21 | 12,031 | 340 | 1,818 | 0 |
| 30 Jun 21 | 11,777 | 299 | 1,780 | 0 |
| 31 Mar 21 | 11,424 | 292 | 1,744 | 0 |
| 31 Dec 20 | 11,465 | 222 | 1,776 | 0 |
| 30 Sep 20 | 11,485 | 312 | 1,783 | 0 |
| 30 Jun 20 | 11,644 | 207 | 1,797 | 0 |
| 31 Mar 20 | 11,767 | 114 | 1,841 | 0 |
| 31 Dec 19 | 11,679 | 66 | 1,824 | 0 |
| 30 Sep 19 | 11,611 | 40 | 1,834 | 0 |
| 30 Jun 19 | 11,373 | 117 | 1,841 | 0 |
| 31 Mar 19 | 11,238 | 70 | 1,847 | 0 |
| 31 Dec 18 | 11,098 | 182 | 1,868 | 0 |
| 30 Sep 18 | 11,024 | 118 | 1,845 | 0 |
| 30 Jun 18 | 11,089 | 113 | 1,877 | 0 |
| 31 Mar 18 | 11,040 | 107 | 1,888 | 0 |
| 31 Dec 17 | 11,061 | 146 | 1,923 | 0 |
| 30 Sep 17 | 10,484 | 261 | 1,831 | 0 |
| 30 Jun 17 | 10,475 | 240 | 1,858 | 0 |
| 31 Mar 17 | 10,602 | 272 | 1,865 | 0 |
| 31 Dec 16 | 10,420 | 160 | 1,827 | 0 |
| 30 Sep 16 | 10,881 | 114 | 1,923 | 0 |
| 30 Jun 16 | 10,735 | 130 | 1,863 | 0 |
| 31 Mar 16 | 10,598 | 126 | 1,842 | 0 |
| 31 Dec 15 | 10,587 | 134 | 1,839 | 0 |
| 30 Sep 15 | 10,541 | -114 | 1,911 | 0 |
| 30 Jun 15 | 10,510 | -116 | 1,908 | 0 |
| 31 Mar 15 | 10,312 | -158 | 1,927 | 0 |
| 31 Dec 14 | 10,252 | -180 | 1,934 | 0 |
| 30 Sep 14 | 9,548 | 149 | 1,739 | 0 |
| 30 Jun 14 | 9,862 | 134 | 1,814 | 0 |
| 31 Mar 14 | 10,244 | 145 | 1,871 | 0 |
| 31 Dec 13 | 10,463 | 87 | 1,986 | 0 |
| 30 Sep 13 | 11,670 | 16 | 2,226 | 0 |
| 30 Jun 13 | 11,810 | 25 | 2,254 | 0 |
Quality Earnings: 0G33 has high quality earnings.
Growing Profit Margin: 0G33's current net profit margins (2.7%) are lower than last year (4.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 0G33's earnings have grown significantly by 33.3% per year over the past 5 years.
Accelerating Growth: 0G33's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 0G33 had negative earnings growth (-47.4%) over the past year, making it difficult to compare to the Trade Distributors industry average (-0.7%).
Return on Equity
High ROE: 0G33's Return on Equity (17.6%) is considered low.