China Merchants Land Past Earnings Performance
Past criteria checks 1/6
China Merchants Land's earnings have been declining at an average annual rate of -37%, while the Real Estate industry saw earnings declining at 0.2% annually. Revenues have been growing at an average rate of 16.7% per year. China Merchants Land's return on equity is 3.6%, and it has net margins of 0.5%.
Key information
-37.0%
Earnings growth rate
-37.0%
EPS growth rate
| Real Estate Industry Growth | 2.8% |
| Revenue growth rate | 16.7% |
| Return on equity | 3.6% |
| Net Margin | 0.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
We Think China Merchants Land (HKG:978) Is Taking Some Risk With Its Debt
Sep 07
Estimating The Fair Value Of China Merchants Land Limited (HKG:978)
Nov 21Here's Why China Merchants Land (HKG:978) Has A Meaningful Debt Burden
Sep 17Investors Can Find Comfort In China Merchants Land's (HKG:978) Earnings Quality
May 03China Merchants Land's (HKG:978) Shareholders Are Down 27% On Their Shares
Mar 12What Type Of Shareholders Make Up China Merchants Land Limited's (HKG:978) Share Registry?
Feb 02
Is China Merchants Land (HKG:978) Using Too Much Debt?
Dec 30China Merchants Land (HKG:978) Shareholders Received A Total Return Of Negative 8.0% In The Last Five Years
Nov 25Revenue & Expenses BreakdownBeta
How China Merchants Land 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 | 28,801 | 133 | 1,228 | 0 |
| 30 Sep 23 | 27,346 | 149 | 1,054 | 0 |
| 30 Jun 23 | 25,891 | 164 | 879 | 0 |
| 31 Mar 23 | 27,881 | 247 | 986 | 0 |
| 31 Dec 22 | 29,871 | 330 | 1,093 | 0 |
| 30 Sep 22 | 31,141 | 422 | 1,200 | 0 |
| 30 Jun 22 | 32,411 | 514 | 1,307 | 0 |
| 31 Mar 22 | 29,166 | 537 | 1,204 | 0 |
| 31 Dec 21 | 25,921 | 561 | 1,100 | 0 |
| 30 Sep 21 | 24,601 | 738 | 1,056 | 0 |
| 30 Jun 21 | 23,280 | 915 | 1,012 | 0 |
| 31 Mar 21 | 21,118 | 808 | 944 | 0 |
| 31 Dec 20 | 18,956 | 701 | 876 | 0 |
| 30 Sep 20 | 19,243 | 1,044 | 827 | 0 |
| 30 Jun 20 | 19,529 | 1,386 | 777 | 0 |
| 31 Mar 20 | 19,491 | 1,590 | 765 | 0 |
| 31 Dec 19 | 19,453 | 1,794 | 754 | 0 |
| 30 Sep 19 | 15,533 | 1,537 | 653 | 0 |
| 30 Jun 19 | 11,612 | 1,280 | 551 | 0 |
| 31 Mar 19 | 11,784 | 1,248 | 531 | 0 |
| 31 Dec 18 | 11,956 | 1,216 | 511 | 0 |
| 30 Sep 18 | 13,821 | 1,497 | 495 | 0 |
| 30 Jun 18 | 15,687 | 1,777 | 479 | 0 |
| 31 Mar 18 | 16,499 | 1,708 | 472 | 0 |
| 31 Dec 17 | 17,311 | 1,638 | 465 | 0 |
| 30 Sep 17 | 15,228 | 1,343 | 441 | 0 |
| 30 Jun 17 | 13,145 | 1,049 | 418 | 0 |
| 31 Mar 17 | 12,376 | 930 | 409 | 0 |
| 31 Dec 16 | 11,606 | 811 | 400 | 0 |
| 30 Sep 16 | 9,970 | 458 | 378 | 0 |
| 30 Jun 16 | 8,333 | 105 | 356 | 0 |
| 31 Mar 16 | 7,364 | 145 | 337 | 0 |
| 31 Dec 15 | 6,395 | 185 | 318 | 0 |
| 30 Sep 15 | 5,867 | 318 | 313 | 0 |
| 30 Jun 15 | 5,338 | 450 | 307 | 0 |
| 31 Mar 15 | 6,389 | 415 | 286 | 0 |
| 31 Dec 14 | 7,440 | 380 | 265 | 0 |
| 30 Sep 14 | 6,702 | 300 | 239 | 0 |
| 30 Jun 14 | 5,964 | 219 | 213 | 0 |
| 31 Mar 14 | 6,446 | 339 | 217 | 0 |
| 31 Dec 13 | 6,928 | 459 | 220 | 0 |
Quality Earnings: 978 has high quality earnings.
Growing Profit Margin: 978's current net profit margins (0.5%) are lower than last year (1.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 978's earnings have declined by 37% per year over the past 5 years.
Accelerating Growth: 978's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 978 had negative earnings growth (-59.5%) over the past year, making it difficult to compare to the Real Estate industry average (-2.9%).
Return on Equity
High ROE: 978's Return on Equity (3.6%) is considered low.