Wang On Group Past Earnings Performance
Past criteria checks 1/6
Wang On Group's earnings have been declining at an average annual rate of -59.9%, while the Real Estate industry saw earnings declining at 0.2% annually. Revenues have been declining at an average rate of 10.9% per year. Wang On Group's return on equity is 3.1%, and it has net margins of 5.5%.
Key information
-59.9%
Earnings growth rate
-57.1%
EPS growth rate
| Real Estate Industry Growth | 2.8% |
| Revenue growth rate | -10.9% |
| Return on equity | 3.1% |
| Net Margin | 5.5% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Does Wang On Group (HKG:1222) Have A Healthy Balance Sheet?
Mar 28
Wang On Group (HKG:1222) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Dec 28Wang On Group (HKG:1222) Use Of Debt Could Be Considered Risky
Jul 26Wang On Group's (HKG:1222) Soft Earnings Don't Show The Whole Picture
Aug 02Estimating The Intrinsic Value Of Wang On Group Limited (HKG:1222)
Jun 07Here's Why Wang On Group (HKG:1222) Is Weighed Down By Its Debt Load
Mar 29What You Need To Know About Wang On Group Limited's (HKG:1222) Investor Composition
Mar 03Estimating The Intrinsic Value Of Wang On Group Limited (HKG:1222)
Feb 05Wang On Group's (HKG:1222) Stock Price Has Reduced 56% In The Past Three Years
Jan 15
Our View On Wang On Group's (HKG:1222) CEO Pay
Dec 25Here's Why Wang On Group (HKG:1222) Is Weighed Down By Its Debt Load
Dec 03Revenue & Expenses BreakdownBeta
How Wang On Group 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 | 2,689 | 147 | 950 | 0 |
| 30 Jun 23 | 3,146 | 80 | 963 | 0 |
| 31 Mar 23 | 3,603 | 13 | 976 | 0 |
| 31 Dec 22 | 3,307 | -181 | 908 | 0 |
| 30 Sep 22 | 3,010 | -375 | 840 | 0 |
| 30 Jun 22 | 2,433 | -340 | 810 | 0 |
| 31 Mar 22 | 1,856 | -305 | 779 | 0 |
| 31 Dec 21 | 1,841 | -119 | 760 | 0 |
| 30 Sep 21 | 1,827 | 67 | 741 | 0 |
| 30 Jun 21 | 1,873 | 96 | 721 | 0 |
| 31 Mar 21 | 1,918 | 124 | 700 | 0 |
| 31 Dec 20 | 1,821 | 144 | 756 | 0 |
| 30 Sep 20 | 1,724 | 165 | 811 | 0 |
| 30 Jun 20 | 2,582 | 320 | 853 | 0 |
| 31 Mar 20 | 3,441 | 475 | 895 | 0 |
| 31 Dec 19 | 3,437 | 423 | 867 | 0 |
| 30 Sep 19 | 3,434 | 370 | 840 | 0 |
| 30 Jun 19 | 3,722 | 395 | 826 | 0 |
| 31 Mar 19 | 4,009 | 420 | 812 | 0 |
| 31 Dec 18 | 4,653 | 709 | 858 | 0 |
| 30 Sep 18 | 5,297 | 997 | 905 | 0 |
| 30 Jun 18 | 3,959 | 1,110 | 844 | 0 |
| 31 Mar 18 | 2,621 | 1,223 | 783 | 0 |
| 31 Dec 17 | 1,943 | 941 | 707 | 0 |
| 30 Sep 17 | 1,265 | 658 | 631 | 0 |
| 30 Jun 17 | 1,067 | 541 | 537 | 0 |
| 31 Mar 17 | 869 | 424 | 442 | 0 |
| 31 Dec 16 | 667 | 593 | 349 | 0 |
| 30 Sep 16 | 466 | 763 | 255 | 0 |
| 30 Jun 16 | 691 | 606 | 248 | 0 |
| 31 Mar 16 | 917 | 449 | 241 | 0 |
| 31 Dec 15 | 1,211 | 480 | 233 | 0 |
| 30 Sep 15 | 1,505 | 511 | 226 | 0 |
| 30 Jun 15 | 1,503 | 549 | 221 | 0 |
| 31 Mar 15 | 1,500 | 588 | 217 | 0 |
| 31 Dec 14 | 1,760 | 625 | 222 | 0 |
| 30 Sep 14 | 2,019 | 662 | 227 | 0 |
| 30 Jun 14 | 1,853 | 628 | 209 | 0 |
| 31 Mar 14 | 1,687 | 594 | 192 | 0 |
| 31 Dec 13 | 1,295 | 540 | 171 | 0 |
| 30 Sep 13 | 904 | 487 | 149 | 0 |
| 30 Jun 13 | 824 | 448 | 143 | 0 |
Quality Earnings: 1222 has a large one-off loss of HK$249.2M impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: 1222 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1222's earnings have declined by 59.9% per year over the past 5 years.
Accelerating Growth: 1222 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 1222 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (-2.9%).
Return on Equity
High ROE: 1222's Return on Equity (3.1%) is considered low.