Horizon Construction Development Past Earnings Performance
Past criteria checks 5/6
Horizon Construction Development has been growing earnings at an average annual rate of 18.8%, while the Trade Distributors industry saw earnings growing at 9.4% annually. Revenues have been growing at an average rate of 20.6% per year. Horizon Construction Development's return on equity is 9%, and it has net margins of 9.7%.
Key information
18.8%
Earnings growth rate
19.8%
EPS growth rate
| Trade Distributors Industry Growth | 7.5% |
| Revenue growth rate | 20.6% |
| Return on equity | 9.0% |
| Net Margin | 9.7% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
These 4 Measures Indicate That Horizon Construction Development (HKG:9930) Is Using Debt In A Risky Way
Nov 04
The Returns At Horizon Construction Development (HKG:9930) Aren't Growing
Sep 30Returns On Capital At Horizon Construction Development (HKG:9930) Have Hit The Brakes
Jun 26Horizon Construction Development (HKG:9930) Use Of Debt Could Be Considered Risky
May 22Revenue & Expenses Breakdown
How Horizon Construction Development 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 Jun 24 | 10,277 | 993 | 1,952 | 0 |
| 31 Mar 24 | 9,944 | 978 | 1,849 | 0 |
| 31 Dec 23 | 9,611 | 962 | 1,745 | 0 |
| 30 Sep 23 | 9,065 | 852 | 1,497 | 0 |
| 30 Jun 23 | 8,518 | 742 | 1,249 | 0 |
| 31 Mar 23 | 8,198 | 703 | 1,259 | 0 |
| 31 Dec 22 | 7,878 | 664 | 1,270 | 0 |
| 31 Dec 21 | 6,141 | 710 | 1,445 | 0 |
| 31 Dec 20 | 3,664 | 448 | 754 | 0 |
Quality Earnings: 9930 has high quality earnings.
Growing Profit Margin: 9930's current net profit margins (9.7%) are higher than last year (8.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 9930's earnings have grown by 18.8% per year over the past 5 years.
Accelerating Growth: 9930's earnings growth over the past year (33.8%) exceeds its 5-year average (18.8% per year).
Earnings vs Industry: 9930 earnings growth over the past year (33.8%) exceeded the Trade Distributors industry 1%.
Return on Equity
High ROE: 9930's Return on Equity (9%) is considered low.