Tian Chang Group Holdings Past Earnings Performance
Past criteria checks 0/6
Tian Chang Group Holdings's earnings have been declining at an average annual rate of -8.8%, while the Chemicals industry saw earnings growing at 9.6% annually. Revenues have been declining at an average rate of 3.5% per year. Tian Chang Group Holdings's return on equity is 3%, and it has net margins of 3.4%.
Key information
-8.8%
Earnings growth rate
-9.1%
EPS growth rate
| Chemicals Industry Growth | 10.2% |
| Revenue growth rate | -3.5% |
| Return on equity | 3.0% |
| Net Margin | 3.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Tian Chang Group Holdings (HKG:2182) Has Announced That Its Dividend Will Be Reduced To HK$0.015
Apr 28
Tian Chang Group Holdings (HKG:2182) Is Reducing Its Dividend To HK$0.015
Mar 31Return Trends At Tian Chang Group Holdings (HKG:2182) Aren't Appealing
Mar 26Tian Chang Group Holdings' (HKG:2182) Dividend Will Be HK$0.02
May 31Investors Met With Slowing Returns on Capital At Tian Chang Group Holdings (HKG:2182)
Mar 03Estimating The Fair Value Of Tian Chang Group Holdings Ltd. (HKG:2182)
Jan 13Is Tian Chang Group Holdings (HKG:2182) A Risky Investment?
Nov 01Tian Chang Group Holdings' (HKG:2182) Upcoming Dividend Will Be Larger Than Last Year's
May 31Tian Chang Group Holdings' (HKG:2182) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 29Tian Chang Group Holdings (HKG:2182) Has Announced That It Will Be Increasing Its Dividend To HK$0.02
Mar 31We Like These Underlying Return On Capital Trends At Tian Chang Group Holdings (HKG:2182)
Feb 28Is Tian Chang Group Holdings (HKG:2182) Using Too Much Debt?
Nov 25Does Tian Chang Group Holdings (HKG:2182) Deserve A Spot On Your Watchlist?
Sep 01Tian Chang Group Holdings (HKG:2182) Might Have The Makings Of A Multi-Bagger
Jul 09Here's Why Tian Chang Group Holdings (HKG:2182) Has A Meaningful Debt Burden
Apr 07Are Insiders Buying Tian Chang Group Holdings Ltd. (HKG:2182) Stock?
Jan 18We're Watching These Trends At Tian Chang Group Holdings (HKG:2182)
Nov 26
Revenue & Expenses BreakdownBeta
How Tian Chang Group 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 Dec 23 | 698 | 23 | 119 | 0 |
| 30 Sep 23 | 835 | 51 | 125 | 0 |
| 30 Jun 23 | 973 | 78 | 131 | 0 |
| 31 Mar 23 | 1,059 | 92 | 134 | 0 |
| 31 Dec 22 | 1,144 | 106 | 136 | 0 |
| 30 Sep 22 | 1,181 | 106 | 138 | 0 |
| 30 Jun 22 | 1,218 | 106 | 139 | 0 |
| 31 Mar 22 | 1,168 | 101 | 136 | 0 |
| 31 Dec 21 | 1,118 | 96 | 134 | 0 |
| 30 Sep 21 | 1,042 | 102 | 119 | 0 |
| 30 Jun 21 | 965 | 107 | 104 | 0 |
| 31 Mar 21 | 876 | 91 | 105 | 0 |
| 31 Dec 20 | 787 | 74 | 106 | 0 |
| 30 Sep 20 | 833 | 70 | 120 | 0 |
| 30 Jun 20 | 878 | 67 | 133 | 0 |
| 31 Mar 20 | 1,064 | 97 | 140 | 0 |
| 31 Dec 19 | 1,251 | 127 | 147 | 0 |
| 30 Sep 19 | 1,299 | 133 | 146 | 0 |
| 30 Jun 19 | 1,346 | 138 | 146 | 0 |
| 31 Mar 19 | 1,153 | 107 | 133 | 0 |
| 31 Dec 18 | 960 | 76 | 120 | 0 |
| 30 Sep 18 | 776 | 46 | 103 | 0 |
| 30 Jun 18 | 591 | 17 | 85 | 0 |
| 31 Mar 18 | 582 | 18 | 82 | 0 |
| 31 Dec 17 | 573 | 20 | 79 | 0 |
| 31 Dec 16 | 556 | 34 | 78 | 0 |
| 31 Dec 15 | 401 | 18 | 60 | 0 |
| 31 Dec 14 | 549 | 53 | 66 | 0 |
Quality Earnings: 2182 has a large one-off gain of HK$5.7M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 2182's current net profit margins (3.4%) are lower than last year (9.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2182's earnings have declined by 8.8% per year over the past 5 years.
Accelerating Growth: 2182's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2182 had negative earnings growth (-77.9%) over the past year, making it difficult to compare to the Chemicals industry average (-14.8%).
Return on Equity
High ROE: 2182's Return on Equity (3%) is considered low.