Top Standard Past Earnings Performance
Past criteria checks 2/6
Top Standard has been growing earnings at an average annual rate of 28%, while the Hospitality industry saw earnings declining at 10.9% annually. Revenues have been declining at an average rate of 56.5% per year.
Key information
28.0%
Earnings growth rate
37.6%
EPS growth rate
| Hospitality Industry Growth | -9.4% |
| Revenue growth rate | -56.5% |
| Return on equity | n/a |
| Net Margin | 60.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Top Standard 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 | 10 | 6 | 0 | 0 |
| 30 Sep 23 | 15 | -21 | 0 | 0 |
| 30 Jun 23 | 17 | -21 | 0 | 0 |
| 31 Mar 23 | 17 | -21 | 0 | 0 |
| 31 Dec 22 | 14 | -7 | 0 | 0 |
| 30 Sep 22 | 11 | -11 | 0 | 0 |
| 30 Jun 22 | 9 | -11 | 0 | 0 |
| 31 Mar 22 | 8 | -12 | 0 | 0 |
| 31 Dec 21 | 7 | -12 | 0 | 0 |
| 30 Sep 21 | 10 | -34 | 0 | 0 |
| 30 Jun 21 | -9 | -10 | 0 | 0 |
| 31 Mar 21 | 0 | -7 | 0 | 0 |
| 31 Dec 20 | 7 | -33 | 0 | 0 |
| 30 Sep 20 | 85 | -91 | 0 | 0 |
| 30 Jun 20 | 91 | -91 | 0 | 0 |
| 31 Mar 20 | 37 | -31 | 0 | 0 |
| 31 Dec 19 | 86 | -24 | 0 | 0 |
| 30 Sep 19 | 96 | -27 | 0 | 0 |
| 30 Jun 19 | 114 | -33 | 0 | 0 |
| 31 Mar 19 | 129 | -38 | 0 | 0 |
| 31 Dec 18 | 128 | -35 | 0 | 0 |
| 30 Sep 18 | 127 | -27 | 0 | 0 |
| 30 Jun 18 | 124 | -28 | 0 | 0 |
| 31 Mar 18 | 116 | -22 | 0 | 0 |
| 31 Dec 17 | 105 | -10 | 0 | 0 |
| 31 Mar 17 | 80 | 7 | 0 | 0 |
| 31 Mar 16 | 73 | 7 | 0 | 0 |
Quality Earnings: 8510 has a large one-off gain of HK$10.9M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 8510 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 8510 has become profitable over the past 5 years, growing earnings by 28% per year.
Accelerating Growth: 8510 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 8510 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: 8510's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.