NewOcean Energy Holdings Past Earnings Performance
Past criteria checks 0/6
NewOcean Energy Holdings's earnings have been declining at an average annual rate of -63%, while the Oil and Gas industry saw earnings growing at 28.1% annually. Revenues have been growing at an average rate of 4.4% per year.
Key information
-63.0%
Earnings growth rate
-63.0%
EPS growth rate
| Oil and Gas Industry Growth | 28.1% |
| Revenue growth rate | 4.4% |
| Return on equity | -58.7% |
| Net Margin | -19.8% |
| Last Earnings Update | 30 Jun 2021 |
Recent past performance updates
Recent updates
Should Shareholders Reconsider NewOcean Energy Holdings Limited's (HKG:342) CEO Compensation Package?
Aug 02
Does NewOcean Energy Holdings (HKG:342) Have A Healthy Balance Sheet?
Apr 11What Percentage Of NewOcean Energy Holdings Limited (HKG:342) Shares Do Insiders Own?
Mar 07Shiu Ming Tong Just Bought 95% More Shares In NewOcean Energy Holdings Limited (HKG:342)
Jan 30Trade Alert: The Executive Chairman Of NewOcean Energy Holdings Limited (HKG:342), Siu Shum, Has Just Spent HK$1.1m Buying 1.5% More Shares
Jan 16
How Much Are NewOcean Energy Holdings Limited (HKG:342) Insiders Spending On Buying Shares?
Dec 14What Can We Learn About NewOcean Energy Holdings' (HKG:342) CEO Compensation?
Nov 23Revenue & Expenses BreakdownBeta
How NewOcean Energy 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 |
|---|---|---|---|---|
| 30 Jun 21 | 12,548 | -2,482 | 1,000 | 0 |
| 31 Mar 21 | 15,864 | -3,020 | 1,319 | 0 |
| 31 Dec 20 | 19,180 | -3,559 | 1,638 | 0 |
| 30 Sep 20 | 22,661 | -2,265 | 1,553 | 0 |
| 30 Jun 20 | 26,143 | -972 | 1,469 | 0 |
| 31 Mar 20 | 26,967 | -165 | 1,195 | 0 |
| 31 Dec 19 | 27,792 | 642 | 921 | 0 |
| 30 Sep 19 | 30,049 | 717 | 897 | 0 |
| 30 Jun 19 | 32,306 | 792 | 874 | 0 |
| 31 Mar 19 | 31,157 | 776 | 874 | 0 |
| 31 Dec 18 | 30,008 | 759 | 875 | 0 |
| 30 Sep 18 | 27,091 | 765 | 899 | 0 |
| 30 Jun 18 | 24,174 | 772 | 923 | 0 |
| 31 Mar 18 | 23,116 | 804 | 889 | 0 |
| 31 Dec 17 | 22,059 | 836 | 855 | 0 |
| 30 Sep 17 | 20,173 | 776 | 804 | 0 |
| 30 Jun 17 | 18,287 | 717 | 753 | 0 |
| 31 Mar 17 | 16,994 | 733 | 722 | 0 |
| 31 Dec 16 | 15,700 | 749 | 692 | 0 |
| 30 Sep 16 | 15,477 | 744 | 664 | 0 |
| 30 Jun 16 | 15,253 | 738 | 636 | 0 |
| 31 Mar 16 | 15,384 | 747 | 635 | 0 |
| 31 Dec 15 | 15,515 | 757 | 634 | 0 |
| 30 Sep 15 | 16,276 | 856 | 601 | 0 |
| 30 Jun 15 | 17,038 | 955 | 568 | 0 |
Quality Earnings: 342 is currently unprofitable.
Growing Profit Margin: 342 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 342 is unprofitable, and losses have increased over the past 5 years at a rate of 63% per year.
Accelerating Growth: Unable to compare 342's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 342 is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-9.6%).
Return on Equity
High ROE: 342 has a negative Return on Equity (-58.73%), as it is currently unprofitable.