Canggang Railway Past Earnings Performance
Past criteria checks 4/6
Canggang Railway's earnings have been declining at an average annual rate of -2.3%, while the Transportation industry saw earnings declining at 8.3% annually. Revenues have been growing at an average rate of 10% per year. Canggang Railway's return on equity is 9.5%, and it has net margins of 20.7%.
Key information
-2.3%
Earnings growth rate
-8.5%
EPS growth rate
| Transportation Industry Growth | -8.3% |
| Revenue growth rate | 10.0% |
| Return on equity | 9.5% |
| Net Margin | 20.7% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
Recent updates
Revenue & 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 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: 2909 has high quality earnings.
Growing Profit Margin: 2909's current net profit margins (20.7%) are higher than last year (18.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2909's earnings have declined by 2.3% per year over the past 5 years.
Accelerating Growth: 2909's earnings growth over the past year (21.1%) exceeds its 5-year average (-2.3% per year).
Earnings vs Industry: 2909 earnings growth over the past year (21.1%) exceeded the Transportation industry -13.2%.
Return on Equity
High ROE: 2909's Return on Equity (9.5%) is considered low.