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Progressive Path Group Holdings Past Earnings Performance
Past criteria checks 3/6
Progressive Path Group Holdings's earnings have been declining at an average annual rate of -5.8%, while the Trade Distributors industry saw earnings growing at 9.9% annually. Revenues have been growing at an average rate of 3.5% per year. Progressive Path Group Holdings's return on equity is 5.9%, and it has net margins of 2.4%.
Key information
-5.8%
Earnings growth rate
-7.8%
EPS growth rate
| Trade Distributors Industry Growth | 7.5% |
| Revenue growth rate | 3.5% |
| Return on equity | 5.9% |
| Net Margin | 2.4% |
| Last Earnings Update | 31 Mar 2022 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Progressive Path Group 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 |
|---|---|---|---|---|
| 31 Mar 22 | 516 | 12 | 22 | 0 |
| 31 Dec 21 | 505 | 8 | 27 | 0 |
| 30 Sep 21 | 494 | 3 | 32 | 0 |
| 30 Jun 21 | 465 | 3 | 31 | 0 |
| 31 Mar 21 | 436 | 4 | 31 | 0 |
| 31 Dec 20 | 413 | -3 | 29 | 0 |
| 30 Sep 20 | 391 | -11 | 27 | 0 |
| 30 Jun 20 | 352 | -13 | 26 | 0 |
| 31 Mar 20 | 312 | -16 | 26 | 0 |
| 31 Dec 19 | 274 | -15 | 26 | 0 |
| 30 Sep 19 | 236 | -13 | 25 | 0 |
| 30 Jun 19 | 229 | -29 | 27 | 0 |
| 31 Mar 19 | 221 | -45 | 28 | 0 |
| 31 Dec 18 | 253 | -41 | 30 | 0 |
| 30 Sep 18 | 284 | -37 | 33 | 0 |
| 30 Jun 18 | 333 | -16 | 32 | 0 |
| 31 Mar 18 | 382 | 6 | 30 | 0 |
| 31 Dec 17 | 431 | 15 | 26 | 0 |
| 30 Sep 17 | 481 | 24 | 21 | 0 |
| 30 Jun 17 | 483 | 24 | 22 | 0 |
| 31 Mar 17 | 484 | 24 | 23 | 0 |
| 31 Dec 16 | 463 | 29 | 22 | 0 |
| 30 Sep 16 | 441 | 35 | 21 | 0 |
| 30 Jun 16 | 425 | 36 | 16 | 0 |
| 31 Mar 16 | 409 | 37 | 12 | 0 |
Quality Earnings: 2949 has a large one-off gain of HK$4.7M impacting its last 12 months of financial results to March 31 2022.
Growing Profit Margin: 2949's current net profit margins (2.4%) are higher than last year (0.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2949's earnings have declined by 5.8% per year over the past 5 years.
Accelerating Growth: 2949's earnings growth over the past year (224.5%) exceeds its 5-year average (-5.8% per year).
Earnings vs Industry: 2949 earnings growth over the past year (224.5%) exceeded the Trade Distributors industry -6.3%.
Return on Equity
High ROE: 2949's Return on Equity (5.9%) is considered low.