King Tire Indonesia Past Earnings Performance
Past criteria checks 1/6
King Tire Indonesia has been growing earnings at an average annual rate of 31%, while the Auto Components industry saw earnings growing at 24.9% annually. Revenues have been growing at an average rate of 17.4% per year. King Tire Indonesia's return on equity is 6.8%, and it has net margins of 3.8%.
Key information
31.0%
Earnings growth rate
14.6%
EPS growth rate
| Auto Components Industry Growth | 20.7% |
| Revenue growth rate | 17.4% |
| Return on equity | 6.8% |
| Net Margin | 3.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How King Tire Indonesia 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 | 515,680 | 19,734 | 52,096 | 0 |
| 30 Sep 23 | 522,736 | 27,163 | 46,325 | 0 |
| 30 Jun 23 | 528,808 | 23,975 | 47,022 | 0 |
| 31 Mar 23 | 517,620 | 22,001 | 46,392 | 0 |
| 31 Dec 22 | 506,432 | 20,027 | 45,763 | 0 |
| 30 Sep 22 | 474,415 | 11,532 | 42,163 | 0 |
| 31 Dec 21 | 384,339 | 9,518 | 34,579 | 0 |
| 31 Dec 20 | 296,234 | 5,322 | 30,835 | 0 |
| 31 Dec 19 | 273,344 | 7,646 | 20,607 | 0 |
Quality Earnings: TYRE has a high level of non-cash earnings.
Growing Profit Margin: TYRE's current net profit margins (3.8%) are lower than last year (4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TYRE's earnings have grown significantly by 31% per year over the past 5 years.
Accelerating Growth: TYRE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TYRE had negative earnings growth (-1.5%) over the past year, making it difficult to compare to the Auto Components industry average (11.3%).
Return on Equity
High ROE: TYRE's Return on Equity (6.8%) is considered low.