Great Eastern Energy Corporation Limited

LSE:GEEC Stock Report

Market Cap: UK£4.2m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Great Eastern Energy Past Earnings Performance

Past criteria checks 2/6

Great Eastern Energy's earnings have been declining at an average annual rate of -6.8%, while the Oil and Gas industry saw earnings growing at 21.1% annually. Revenues have been declining at an average rate of 9.9% per year. Great Eastern Energy's return on equity is 1.5%, and it has net margins of 4.8%.

Key information

-6.8%

Earnings growth rate

-5.9%

EPS growth rate

Oil and Gas Industry Growth21.8%
Revenue growth rate-9.9%
Return on equity1.5%
Net Margin4.8%
Last Earnings Update30 Sep 2022

Recent past performance updates

Are Great Eastern Energy's (LON:GEEC) Statutory Earnings A Good Guide To Its Underlying Profitability?

Jan 22
Are Great Eastern Energy's (LON:GEEC) Statutory Earnings A Good Guide To Its Underlying Profitability?

Recent updates

The Returns On Capital At Great Eastern Energy (LON:GEEC) Don't Inspire Confidence

Mar 21
The Returns On Capital At Great Eastern Energy (LON:GEEC) Don't Inspire Confidence

These 4 Measures Indicate That Great Eastern Energy (LON:GEEC) Is Using Debt Extensively

Feb 03
These 4 Measures Indicate That Great Eastern Energy (LON:GEEC) Is Using Debt Extensively

Is Great Eastern Energy (LON:GEEC) A Risky Investment?

Jul 10
Is Great Eastern Energy (LON:GEEC) A Risky Investment?

Great Eastern Energy (LON:GEEC) Is Experiencing Growth In Returns On Capital

May 05
Great Eastern Energy (LON:GEEC) Is Experiencing Growth In Returns On Capital

Does Great Eastern Energy (LON:GEEC) Have A Healthy Balance Sheet?

Jan 05
Does Great Eastern Energy (LON:GEEC) Have A Healthy Balance Sheet?

Returns Are Gaining Momentum At Great Eastern Energy (LON:GEEC)

Nov 14
Returns Are Gaining Momentum At Great Eastern Energy (LON:GEEC)

Is Great Eastern Energy (LON:GEEC) Using Too Much Debt?

Sep 22
Is Great Eastern Energy (LON:GEEC) Using Too Much Debt?

Be Wary Of Great Eastern Energy (LON:GEEC) And Its Returns On Capital

May 19
Be Wary Of Great Eastern Energy (LON:GEEC) And Its Returns On Capital

Have Insiders Been Buying Great Eastern Energy Corporation Limited (LON:GEEC) Shares?

Mar 16
Have Insiders Been Buying Great Eastern Energy Corporation Limited (LON:GEEC) Shares?

Does Great Eastern Energy's (LON:GEEC) Returns On Capital Reflect Well On The Business?

Feb 18
Does Great Eastern Energy's (LON:GEEC) Returns On Capital Reflect Well On The Business?

Are Great Eastern Energy's (LON:GEEC) Statutory Earnings A Good Guide To Its Underlying Profitability?

Jan 22
Are Great Eastern Energy's (LON:GEEC) Statutory Earnings A Good Guide To Its Underlying Profitability?

Great Eastern Energy (LON:GEEC) Has A Somewhat Strained Balance Sheet

Jan 01
Great Eastern Energy (LON:GEEC) Has A Somewhat Strained Balance Sheet

Read This Before Selling Great Eastern Energy Corporation Limited (LON:GEEC) Shares

Dec 11
Read This Before Selling Great Eastern Energy Corporation Limited (LON:GEEC) Shares

The Returns At Great Eastern Energy (LON:GEEC) Provide Us With Signs Of What's To Come

Nov 20
The Returns At Great Eastern Energy (LON:GEEC) Provide Us With Signs Of What's To Come

Revenue & Expenses Breakdown

How Great Eastern Energy makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

LSE:GEEC Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2226150
30 Jun 2227150
31 Mar 2227150
31 Dec 2127250
30 Sep 2127350
30 Jun 2126250
31 Mar 2126140
31 Dec 2027350
30 Sep 2028450
30 Jun 2032750
31 Mar 2035950
31 Dec 19381050
30 Sep 19411150
30 Jun 19421050
31 Mar 1943850
31 Dec 1842650
30 Sep 1842450
30 Jun 1840250
31 Mar 1838150
31 Dec 1735050
30 Sep 1732-150
30 Jun 1730-150
31 Mar 1729-150
31 Dec 1627-450
30 Sep 1626-650
30 Jun 1628-450

Quality Earnings: GEEC has high quality earnings.

Growing Profit Margin: GEEC's current net profit margins (4.8%) are lower than last year (10%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: GEEC has become profitable over the past 5 years, growing earnings by -6.8% per year.

Accelerating Growth: GEEC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GEEC had negative earnings growth (-52.9%) over the past year, making it difficult to compare to the Oil and Gas industry average (110.5%).


Return on Equity

High ROE: GEEC's Return on Equity (1.5%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/05/01 23:31
End of Day Share Price 2023/04/24 00:00
Earnings2022/09/30
Annual Earnings2022/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Great Eastern Energy Corporation Limited is covered by 5 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel SlaterArden Partners Plc.
Donald PhillipsBrandon Hill Capital
Ruth BrookerGoldman Sachs