Travel Expert (Asia) Enterprises Past Earnings Performance
Past criteria checks 2/6
Travel Expert (Asia) Enterprises has been growing earnings at an average annual rate of 15.2%, while the Hospitality industry saw earnings declining at 10.9% annually. Revenues have been declining at an average rate of 52.8% per year. Travel Expert (Asia) Enterprises's return on equity is 5.5%, and it has net margins of 3.7%.
Key information
15.2%
Earnings growth rate
15.2%
EPS growth rate
| Hospitality Industry Growth | -9.4% |
| Revenue growth rate | -52.8% |
| Return on equity | 5.5% |
| Net Margin | 3.7% |
| Last Earnings Update | 30 Sep 2023 |
Revenue & Expenses BreakdownBeta
How Travel Expert (Asia) Enterprises 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 Sep 23 | 91 | 3 | 50 | 0 |
| 30 Jun 23 | 66 | 1 | 43 | 0 |
| 31 Mar 23 | 40 | -2 | 36 | 0 |
| 31 Dec 22 | 28 | -8 | 33 | 0 |
| 30 Sep 22 | 15 | -15 | 31 | 0 |
| 30 Jun 22 | 13 | -16 | 29 | 0 |
| 31 Mar 22 | 10 | -18 | 27 | 0 |
| 31 Dec 21 | 9 | -19 | 30 | 0 |
| 30 Sep 21 | 8 | -21 | 33 | 0 |
| 30 Jun 21 | 7 | -27 | 46 | 0 |
| 31 Mar 21 | 6 | -33 | 59 | 0 |
| 31 Dec 20 | 69 | -43 | 92 | 0 |
| 30 Sep 20 | 132 | -53 | 126 | 0 |
| 30 Jun 20 | 209 | -49 | 160 | 0 |
| 31 Mar 20 | 287 | -45 | 195 | 0 |
| 31 Dec 19 | 299 | -30 | 210 | 0 |
| 30 Sep 19 | 311 | -16 | 225 | 0 |
| 30 Jun 19 | 308 | -14 | 236 | 0 |
| 31 Mar 19 | 304 | -11 | 246 | 0 |
| 31 Dec 18 | 309 | -7 | 252 | 0 |
| 30 Sep 18 | 314 | -4 | 257 | 0 |
| 30 Jun 18 | 320 | -1 | 263 | 0 |
| 31 Mar 18 | 325 | 1 | 269 | 0 |
| 31 Dec 17 | 329 | -2 | 273 | 0 |
| 30 Sep 17 | 332 | -5 | 278 | 0 |
| 30 Jun 17 | 338 | -3 | 280 | 0 |
| 31 Mar 17 | 344 | -1 | 282 | 0 |
| 31 Dec 16 | 353 | 5 | 288 | 0 |
| 30 Sep 16 | 362 | 10 | 295 | 0 |
| 30 Jun 16 | 375 | 21 | 302 | 0 |
| 31 Mar 16 | 388 | 32 | 308 | 0 |
| 31 Dec 15 | 395 | 41 | 309 | 0 |
| 30 Sep 15 | 402 | 51 | 310 | 0 |
| 30 Jun 15 | 389 | 48 | 306 | 0 |
| 31 Mar 15 | 376 | 45 | 302 | 0 |
| 31 Dec 14 | 354 | 42 | 293 | 0 |
| 30 Sep 14 | 332 | 39 | 284 | 0 |
| 30 Jun 14 | 324 | 41 | 277 | 0 |
| 31 Mar 14 | 316 | 43 | 270 | 0 |
| 31 Dec 13 | 307 | 45 | 263 | 0 |
| 30 Sep 13 | 297 | 47 | 256 | 0 |
| 30 Jun 13 | 283 | 44 | 244 | 0 |
Quality Earnings: 1235 has a large one-off gain of HK$4.7M impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: 1235 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1235 has become profitable over the past 5 years, growing earnings by 15.2% per year.
Accelerating Growth: 1235 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 1235 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (28.8%).
Return on Equity
High ROE: 1235's Return on Equity (5.5%) is considered low.