Seacon Shipping Group Holdings Past Earnings Performance
Past criteria checks 1/6
Seacon Shipping Group Holdings has been growing earnings at an average annual rate of 24%, while the Shipping industry saw earnings growing at 24.9% annually. Revenues have been growing at an average rate of 3.3% per year. Seacon Shipping Group Holdings's return on equity is 12.7%, and it has net margins of 8.2%.
Key information
24.0%
Earnings growth rate
-70.4%
EPS growth rate
| Shipping Industry Growth | 44.0% |
| Revenue growth rate | 3.3% |
| Return on equity | 12.7% |
| Net Margin | 8.2% |
| Last Earnings Update | 31 Dec 2023 |
Revenue & Expenses BreakdownBeta
How Seacon Shipping 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 | 259 | 21 | 15 | 0 |
| 30 Sep 23 | 263 | 19 | 15 | 0 |
| 30 Jun 23 | 272 | 33 | 14 | 0 |
| 31 Mar 23 | 316 | 45 | 13 | 0 |
| 31 Dec 22 | 359 | 57 | 11 | 0 |
| 30 Sep 22 | 393 | 59 | 19 | 0 |
| 31 Dec 21 | 373 | 34 | 17 | 0 |
| 31 Dec 20 | 179 | 0 | 6 | 0 |
| 31 Dec 19 | 136 | 8 | 4 | 0 |
Quality Earnings: 2409 has a large one-off gain of $8.1M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 2409's current net profit margins (8.2%) are lower than last year (16%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2409's earnings have grown significantly by 24% per year over the past 5 years.
Accelerating Growth: 2409's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2409 had negative earnings growth (-63%) over the past year, making it difficult to compare to the Shipping industry average (-68.8%).
Return on Equity
High ROE: 2409's Return on Equity (12.7%) is considered low.