Ares Asia Past Earnings Performance
Past criteria checks 0/6
Ares Asia has been growing earnings at an average annual rate of 0.8%, while the Trade Distributors industry saw earnings growing at 8.8% annually. Revenues have been declining at an average rate of 20.4% per year.
Key information
0.8%
Earnings growth rate
9.0%
EPS growth rate
Trade Distributors Industry Growth | 7.5% |
Revenue growth rate | -20.4% |
Return on equity | -18.2% |
Net Margin | -1.8% |
Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Ares Asia 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 24 | 70 | -1 | 2 | 0 |
31 Dec 23 | 67 | -1 | 2 | 0 |
30 Sep 23 | 63 | -1 | 2 | 0 |
30 Jun 23 | 58 | -1 | 2 | 0 |
31 Mar 23 | 53 | -1 | 2 | 0 |
31 Dec 22 | 49 | -1 | 2 | 0 |
30 Sep 22 | 45 | -1 | 2 | 0 |
30 Jun 22 | 73 | -2 | 2 | 0 |
31 Mar 22 | 102 | -2 | 2 | 0 |
31 Dec 21 | 124 | -3 | 2 | 0 |
30 Sep 21 | 146 | -3 | 2 | 0 |
30 Jun 21 | 132 | -3 | 2 | 0 |
31 Mar 21 | 118 | -2 | 2 | 0 |
31 Dec 20 | 103 | -2 | 1 | 0 |
30 Sep 20 | 88 | -1 | 1 | 0 |
30 Jun 20 | 94 | -1 | 1 | 0 |
31 Mar 20 | 100 | -1 | 1 | 0 |
31 Dec 19 | 116 | -1 | 2 | 0 |
30 Sep 19 | 131 | -1 | 2 | 0 |
30 Jun 19 | 165 | -1 | 2 | 0 |
31 Mar 19 | 198 | -1 | 2 | 0 |
31 Dec 18 | 225 | -2 | 2 | 0 |
30 Sep 18 | 252 | -2 | 2 | 0 |
30 Jun 18 | 225 | -2 | 2 | 0 |
31 Mar 18 | 199 | -2 | 2 | 0 |
31 Dec 17 | 212 | -2 | 2 | 0 |
30 Sep 17 | 226 | -1 | 2 | 0 |
30 Jun 17 | 240 | 0 | 2 | 0 |
31 Mar 17 | 254 | 0 | 2 | 0 |
31 Dec 16 | 193 | -6 | 2 | 0 |
30 Sep 16 | 132 | -13 | 2 | 0 |
30 Jun 16 | 87 | -13 | 2 | 0 |
31 Mar 16 | 43 | -13 | 2 | 0 |
31 Dec 15 | 51 | -8 | 3 | 0 |
30 Sep 15 | 59 | -2 | 3 | 0 |
30 Jun 15 | 92 | -2 | 3 | 0 |
31 Mar 15 | 125 | -2 | 4 | 0 |
31 Dec 14 | 124 | -1 | 3 | 0 |
30 Sep 14 | 123 | -1 | 3 | 0 |
30 Jun 14 | 116 | -4 | 3 | 0 |
31 Mar 14 | 109 | -8 | 3 | 0 |
30 Sep 13 | 105 | -6 | 3 | 0 |
Quality Earnings: 645 is currently unprofitable.
Growing Profit Margin: 645 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 645 is unprofitable, but has reduced losses over the past 5 years at a rate of 0.8% per year.
Accelerating Growth: Unable to compare 645's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 645 is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (-2.7%).
Return on Equity
High ROE: 645 has a negative Return on Equity (-18.18%), as it is currently unprofitable.