Canggang Railway Past Earnings Performance
Past criteria checks 1/6
Canggang Railway's earnings have been declining at an average annual rate of -3.9%, while the Transportation industry saw earnings declining at 3.2% annually. Revenues have been declining at an average rate of 3% per year. Canggang Railway's return on equity is 6.7%, and it has net margins of 17.9%.
Key information
-3.9%
Earnings growth rate
-9.1%
EPS growth rate
| Transportation Industry Growth | -8.3% |
| Revenue growth rate | -3.0% |
| Return on equity | 6.7% |
| Net Margin | 17.9% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Canggang Railway (HKG:2169) Takes On Some Risk With Its Use Of Debt
Nov 11
What Canggang Railway Limited's (HKG:2169) 30% Share Price Gain Is Not Telling You
Sep 16Here's What To Make Of Canggang Railway's (HKG:2169) Decelerating Rates Of Return
Jul 31Subdued Growth No Barrier To Canggang Railway Limited (HKG:2169) With Shares Advancing 29%
May 29Estimating The Fair Value Of Canggang Railway Limited (HKG:2169)
May 10Returns On Capital At Canggang Railway (HKG:2169) Have Hit The Brakes
Apr 16Some Canggang Railway Limited (HKG:2169) Shareholders Look For Exit As Shares Take 38% Pounding
Mar 28The Returns At Canggang Railway (HKG:2169) Aren't Growing
Nov 08Canggang Railway's (HKG:2169) Returns On Capital Not Reflecting Well On The Business
Jul 21Canggang Railway Limited (HKG:2169) Stock Rockets 34% As Investors Are Less Pessimistic Than Expected
Apr 20Investors Could Be Concerned With Canggang Railway's (HKG:2169) Returns On Capital
Dec 09A Look At The Intrinsic Value Of Canggang Railway Limited (HKG:2169)
Sep 15Estimating The Intrinsic Value Of Canggang Railway Limited (HKG:2169)
Mar 17Returns On Capital At Canggang Railway (HKG:2169) Have Hit The Brakes
Jan 31Revenue & Expenses Breakdown
How Canggang Railway 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 24 | 303 | 54 | 9 | 0 |
| 31 Mar 24 | 326 | 57 | 11 | 0 |
| 31 Dec 23 | 349 | 59 | 12 | 0 |
| 30 Sep 23 | 352 | 66 | 12 | 0 |
| 30 Jun 23 | 356 | 74 | 11 | 0 |
| 31 Mar 23 | 345 | 71 | 11 | 0 |
| 31 Dec 22 | 333 | 68 | 11 | 0 |
| 30 Sep 22 | 328 | 64 | 10 | 0 |
| 30 Jun 22 | 323 | 61 | 8 | 0 |
| 31 Mar 22 | 340 | 69 | 10 | 0 |
| 31 Dec 21 | 356 | 77 | 12 | 0 |
| 30 Sep 21 | 361 | 74 | 19 | 0 |
| 30 Jun 21 | 366 | 70 | 26 | 0 |
| 31 Mar 21 | 364 | 67 | 28 | 0 |
| 31 Dec 20 | 361 | 64 | 29 | 0 |
| 31 Dec 19 | 377 | 70 | 23 | 0 |
| 31 Dec 18 | 387 | 82 | 16 | 0 |
| 31 Dec 17 | 354 | 80 | 8 | 0 |
Quality Earnings: 2169 has high quality earnings.
Growing Profit Margin: 2169's current net profit margins (17.9%) are lower than last year (20.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2169's earnings have declined by 3.9% per year over the past 5 years.
Accelerating Growth: 2169's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2169 had negative earnings growth (-26.4%) over the past year, making it difficult to compare to the Transportation industry average (4.1%).
Return on Equity
High ROE: 2169's Return on Equity (6.7%) is considered low.