APAC Resources Past Earnings Performance
Past criteria checks 2/6
APAC Resources's earnings have been declining at an average annual rate of -25%, while the Trade Distributors industry saw earnings growing at 4.4% annually. Revenues have been growing at an average rate of 24.6% per year. APAC Resources's return on equity is 7.1%, and it has net margins of 25.2%.
Key information
-25.0%
Earnings growth rate
-25.1%
EPS growth rate
Trade Distributors Industry Growth | 7.5% |
Revenue growth rate | 24.6% |
Return on equity | 7.1% |
Net Margin | 25.2% |
Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
We Think APAC Resources' (HKG:1104) Profit Is Only A Baseline For What They Can Achieve
Mar 21Investors Interested In APAC Resources Limited's (HKG:1104) Revenues
Jun 16Here’s What’s Happening With Returns At APAC Resources (HKG:1104)
Feb 02APAC Resources (HKG:1104) Has Returned Negative 14% To Its Shareholders In The Past Three Years
Jan 12Revenue & Expenses BreakdownBeta
How APAC Resources 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 | 1,264 | 318 | 88 | 0 |
30 Sep 23 | 848 | 0 | 85 | 0 |
30 Jun 23 | 432 | -319 | 81 | 0 |
31 Mar 23 | 403 | -276 | 73 | 0 |
31 Dec 22 | 375 | -234 | 59 | 0 |
30 Sep 22 | 362 | -350 | 59 | 0 |
30 Jun 22 | 349 | -466 | 58 | 0 |
31 Mar 22 | 345 | -281 | 87 | 0 |
31 Dec 21 | 341 | -96 | 115 | 0 |
30 Sep 21 | 453 | 631 | 111 | 0 |
30 Jun 21 | 565 | 1,357 | 107 | 0 |
31 Mar 21 | 497 | 1,029 | 79 | 0 |
31 Dec 20 | 430 | 701 | 51 | 0 |
30 Sep 20 | 433 | 136 | 48 | 0 |
30 Jun 20 | 437 | -429 | 45 | 0 |
31 Mar 20 | 392 | 206 | 43 | 0 |
31 Dec 19 | 348 | 841 | 41 | 0 |
30 Sep 19 | 229 | 725 | 40 | 0 |
30 Jun 19 | 109 | 608 | 39 | 0 |
31 Mar 19 | 145 | 137 | 38 | 0 |
31 Dec 18 | 180 | -335 | 38 | 0 |
30 Sep 18 | 168 | -3 | 39 | 0 |
30 Jun 18 | 156 | 328 | 40 | 0 |
31 Mar 18 | 140 | 513 | 40 | 0 |
31 Dec 17 | 124 | 698 | 39 | 0 |
30 Sep 17 | 112 | 623 | 36 | 0 |
30 Jun 17 | 100 | 549 | 34 | 0 |
31 Mar 17 | 96 | 494 | 35 | 0 |
31 Dec 16 | 91 | 440 | 36 | 0 |
30 Sep 16 | 107 | 211 | 36 | 0 |
30 Jun 16 | 123 | -17 | 36 | 0 |
31 Mar 16 | 122 | -48 | 35 | 0 |
31 Dec 15 | 121 | -79 | 34 | 0 |
30 Sep 15 | 188 | -464 | 32 | 0 |
30 Jun 15 | 256 | -848 | 31 | 0 |
31 Mar 15 | 342 | -1,077 | 37 | 0 |
31 Dec 14 | 428 | -1,306 | 43 | 0 |
30 Sep 14 | 601 | -199 | 49 | 0 |
30 Jun 14 | 775 | 907 | 56 | 0 |
31 Mar 14 | 988 | 31 | 55 | 0 |
31 Dec 13 | 1,202 | -845 | 53 | 0 |
30 Sep 13 | 1,154 | -1,462 | 56 | 0 |
30 Jun 13 | 1,105 | -2,080 | 59 | 0 |
Quality Earnings: 1104 has a large one-off loss of HK$102.1M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 1104 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1104 has become profitable over the past 5 years, growing earnings by -25% per year.
Accelerating Growth: 1104 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 1104 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Trade Distributors industry (3.9%).
Return on Equity
High ROE: 1104's Return on Equity (7.1%) is considered low.