Wah Sun Handbags International Holdings Past Earnings Performance
Past criteria checks 4/6
Wah Sun Handbags International Holdings's earnings have been declining at an average annual rate of -4.2%, while the Luxury industry saw earnings growing at 11.1% annually. Revenues have been declining at an average rate of 8.6% per year. Wah Sun Handbags International Holdings's return on equity is 10.7%, and it has net margins of 4.8%.
Key information
-4.2%
Earnings growth rate
-4.2%
EPS growth rate
| Luxury Industry Growth | 11.5% |
| Revenue growth rate | -8.6% |
| Return on equity | 10.7% |
| Net Margin | 4.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
We Think Wah Sun Handbags International Holdings' (HKG:2683) Robust Earnings Are Conservative
Jul 17
A Look At The Fair Value Of Wah Sun Handbags International Holdings Limited (HKG:2683)
Jun 21Investor Optimism Abounds Wah Sun Handbags International Holdings Limited (HKG:2683) But Growth Is Lacking
Apr 29Wah Sun Handbags International Holdings (HKG:2683) Is Reinvesting At Lower Rates Of Return
Feb 23Wah Sun Handbags International Holdings (HKG:2683) Will Want To Turn Around Its Return Trends
Jun 01Should Shareholders Reconsider Wah Sun Handbags International Holdings Limited's (HKG:2683) CEO Compensation Package?
Aug 30Revenue & Expenses Breakdown
How Wah Sun Handbags International 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 24 | 594 | 29 | 78 | 0 |
| 31 Dec 23 | 564 | 25 | 76 | 0 |
| 30 Sep 23 | 533 | 22 | 73 | 0 |
| 30 Jun 23 | 490 | 15 | 68 | 0 |
| 31 Mar 23 | 447 | 8 | 63 | 0 |
| 31 Dec 22 | 498 | 19 | 64 | 0 |
| 30 Sep 22 | 549 | 29 | 65 | 0 |
| 30 Jun 22 | 583 | 34 | 68 | 0 |
| 31 Mar 22 | 618 | 40 | 72 | 0 |
| 31 Dec 21 | 579 | 31 | 71 | 0 |
| 30 Sep 21 | 540 | 23 | 70 | 0 |
| 30 Jun 21 | 472 | 14 | 61 | 0 |
| 31 Mar 21 | 404 | 6 | 52 | 0 |
| 31 Dec 20 | 448 | -4 | 72 | 0 |
| 30 Sep 20 | 491 | -14 | 91 | 0 |
| 30 Jun 20 | 624 | -1 | 104 | 0 |
| 31 Mar 20 | 756 | 11 | 117 | 0 |
| 31 Dec 19 | 800 | 31 | 105 | 0 |
| 30 Sep 19 | 845 | 51 | 93 | 0 |
| 30 Jun 19 | 802 | 46 | 93 | 0 |
| 31 Mar 19 | 759 | 41 | 93 | 0 |
| 31 Dec 18 | 731 | 40 | 91 | 0 |
| 30 Sep 18 | 703 | 39 | 89 | 0 |
| 30 Jun 18 | 700 | 42 | 81 | 0 |
| 31 Mar 18 | 697 | 46 | 73 | 0 |
| 31 Mar 17 | 677 | 55 | 65 | 0 |
| 31 Mar 16 | 586 | 48 | 52 | 0 |
| 31 Mar 15 | 546 | 7 | 47 | 0 |
Quality Earnings: 2683 has high quality earnings.
Growing Profit Margin: 2683's current net profit margins (4.8%) are higher than last year (1.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2683's earnings have declined by 4.2% per year over the past 5 years.
Accelerating Growth: 2683's earnings growth over the past year (235.5%) exceeds its 5-year average (-4.2% per year).
Earnings vs Industry: 2683 earnings growth over the past year (235.5%) exceeded the Luxury industry 15.5%.
Return on Equity
High ROE: 2683's Return on Equity (10.7%) is considered low.