Million Hope Industries Holdings Past Earnings Performance
Past criteria checks 4/6
Million Hope Industries Holdings's earnings have been declining at an average annual rate of -19.1%, while the Building industry saw earnings growing at 6.9% annually. Revenues have been growing at an average rate of 9.1% per year. Million Hope Industries Holdings's return on equity is 2.8%, and it has net margins of 2.3%.
Key information
-19.1%
Earnings growth rate
-67.1%
EPS growth rate
| Building Industry Growth | 9.1% |
| Revenue growth rate | 9.1% |
| Return on equity | 2.8% |
| Net Margin | 2.3% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Million Hope Industries Holdings Limited's (HKG:1897) Business Is Trailing The Market But Its Shares Aren't
Apr 17
Why Million Hope Industries Holdings' (HKG:1897) Earnings Are Better Than They Seem
Dec 18Million Hope Industries Holdings (HKG:1897) Is Reinvesting At Lower Rates Of Return
Sep 27Million Hope Industries Holdings (HKG:1897) Is Reducing Its Dividend To HK$0.017
Jun 23A Look At The Intrinsic Value Of Million Hope Industries Holdings Limited (HKG:1897)
Jun 02Million Hope Industries Holdings (HKG:1897) Has Announced That Its Dividend Will Be Reduced To HK$0.008
Nov 24Getting In Cheap On Million Hope Industries Holdings Limited (HKG:1897) Is Unlikely
Nov 09Estimating The Fair Value Of Million Hope Industries Holdings Limited (HKG:1897)
Aug 17Million Hope Industries Holdings' (HKG:1897) Returns On Capital Not Reflecting Well On The Business
May 26Estimating The Intrinsic Value Of Million Hope Industries Holdings Limited (HKG:1897)
Mar 15Do Investors Have Good Reason To Be Wary Of Million Hope Industries Holdings Limited's (HKG:1897) 4.6% Dividend Yield?
Mar 29Is Million Hope Industries Holdings (HKG:1897) Likely To Turn Things Around?
Feb 04
We Wouldn't Rely On Million Hope Industries Holdings's (HKG:1897) Statutory Earnings As A Guide
Jan 03Here's Why We're Wary Of Buying Million Hope Industries Holdings' (HKG:1897) For Its Upcoming Dividend
Nov 29Revenue & Expenses BreakdownBeta
How Million Hope Industries Holdings 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 | 628 | 15 | 35 | 0 |
| 30 Jun 23 | 618 | 13 | 32 | 0 |
| 31 Mar 23 | 607 | 12 | 29 | 0 |
| 31 Dec 22 | 624 | 8 | 29 | 0 |
| 30 Sep 22 | 641 | 5 | 29 | 0 |
| 30 Jun 22 | 679 | 15 | 31 | 0 |
| 31 Mar 22 | 718 | 25 | 33 | 0 |
| 31 Dec 21 | 698 | 33 | 36 | 0 |
| 30 Sep 21 | 679 | 41 | 39 | 0 |
| 30 Jun 21 | 608 | 40 | 38 | 0 |
| 31 Mar 21 | 536 | 39 | 36 | 0 |
| 31 Dec 20 | 460 | 31 | 34 | 0 |
| 30 Sep 20 | 383 | 24 | 33 | 0 |
| 30 Jun 20 | 341 | 24 | 32 | 0 |
| 31 Mar 20 | 300 | 24 | 31 | 0 |
| 31 Dec 19 | 328 | 32 | 29 | 0 |
| 30 Sep 19 | 357 | 40 | 28 | 0 |
| 30 Jun 19 | 367 | 31 | 29 | 0 |
| 31 Mar 19 | 377 | 23 | 31 | 0 |
| 31 Mar 18 | 421 | 50 | 44 | 0 |
| 31 Mar 17 | 502 | 55 | 27 | 0 |
| 31 Mar 16 | 368 | 31 | 22 | 0 |
Quality Earnings: 1897 has high quality earnings.
Growing Profit Margin: 1897's current net profit margins (2.3%) are higher than last year (0.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1897's earnings have declined by 19.1% per year over the past 5 years.
Accelerating Growth: 1897's earnings growth over the past year (212.2%) exceeds its 5-year average (-19.1% per year).
Earnings vs Industry: 1897 earnings growth over the past year (212.2%) exceeded the Building industry 3.4%.
Return on Equity
High ROE: 1897's Return on Equity (2.8%) is considered low.