Formosa Ingredient Factory Past Earnings Performance
Past criteria checks 4/6
Formosa Ingredient Factory's earnings have been declining at an average annual rate of -12.2%, while the Food industry saw earnings growing at 19.1% annually. Revenues have been growing at an average rate of 24.1% per year. Formosa Ingredient Factory's return on equity is 10.7%, and it has net margins of 10%.
Key information
-12.2%
Earnings growth rate
-56.4%
EPS growth rate
| Food Industry Growth | 21.2% |
| Revenue growth rate | 24.1% |
| Return on equity | 10.7% |
| Net Margin | 10.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Formosa Ingredient Factory 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 Mar 24 | 165,511 | 16,529 | 23,776 | 0 |
| 31 Dec 23 | 153,777 | 14,958 | 21,610 | 0 |
| 30 Sep 23 | 146,204 | 11,189 | 23,130 | 0 |
| 30 Jun 23 | 136,324 | 6,927 | 23,980 | 0 |
| 31 Mar 23 | 133,413 | 8,559 | 24,305 | 0 |
| 31 Dec 22 | 121,509 | 10,739 | 22,181 | 0 |
| 30 Sep 22 | 102,643 | 14,196 | 17,632 | 0 |
| 30 Jun 22 | 86,312 | 15,723 | 13,566 | 0 |
| 31 Mar 22 | 79,440 | 18,331 | 10,473 | 0 |
| 31 Dec 21 | 74,192 | 17,466 | 8,766 | 0 |
| 31 Dec 20 | 68,570 | 18,797 | 6,931 | 0 |
| 31 Dec 19 | 45,980 | 17,527 | 4,106 | 0 |
| 31 Dec 18 | 2,423 | -1,512 | 1,476 | 0 |
Quality Earnings: BOBA has high quality earnings.
Growing Profit Margin: BOBA's current net profit margins (10%) are higher than last year (6.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BOBA's earnings have declined by 12.2% per year over the past 5 years.
Accelerating Growth: BOBA's earnings growth over the past year (93.1%) exceeds its 5-year average (-12.2% per year).
Earnings vs Industry: BOBA earnings growth over the past year (93.1%) exceeded the Food industry -20.1%.
Return on Equity
High ROE: BOBA's Return on Equity (10.7%) is considered low.