Horizon Construction Development Past Earnings Performance
Past criteria checks 3/6
Horizon Construction Development has been growing earnings at an average annual rate of 18.3%, while the Trade Distributors industry saw earnings growing at 4.4% annually. Revenues have been growing at an average rate of 25.2% per year. Horizon Construction Development's return on equity is 8.9%, and it has net margins of 10%.
Key information
18.3%
Earnings growth rate
34.7%
EPS growth rate
| Trade Distributors Industry Growth | 7.5% |
| Revenue growth rate | 25.2% |
| Return on equity | 8.9% |
| Net Margin | 10.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 31 Dec 23 | 9,611 | 962 | 1,745 | 0 |
| 30 Sep 23 | 9,065 | 852 | 1,497 | 0 |
| 30 Jun 23 | 8,518 | 745 | 1,213 | 0 |
| 31 Mar 23 | 8,198 | 706 | 1,224 | 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 (10%) are higher than last year (8.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if 9930's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare 9930's past year earnings growth to its 5-year average.
Earnings vs Industry: 9930 earnings growth over the past year (44.9%) exceeded the Trade Distributors industry 3.9%.
Return on Equity
High ROE: 9930's Return on Equity (8.9%) is considered low.