Solaer Renewable Energies Past Earnings Performance
Past criteria checks 3/6
Solaer Renewable Energies's earnings have been declining at an average annual rate of -20.5%, while the Renewable Energy industry saw earnings growing at 7.4% annually. Revenues have been growing at an average rate of 38.5% per year.
Key information
-20.5%
Earnings growth rate
-31.6%
EPS growth rate
| Renewable Energy Industry Growth | 22.1% |
| Revenue growth rate | 38.5% |
| Return on equity | -6.3% |
| Net Margin | 12.1% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Solaer Renewable Energies 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 Sep 23 | 47 | 6 | 20 | 2 |
| 30 Jun 23 | 45 | -10 | 20 | 2 |
| 31 Mar 23 | 42 | -10 | 21 | 3 |
| 31 Dec 22 | 39 | -29 | 20 | 4 |
| 30 Sep 22 | 35 | -32 | 19 | 4 |
| 30 Jun 22 | 24 | -18 | 17 | 4 |
| 31 Mar 22 | 16 | -30 | 16 | 5 |
| 31 Dec 21 | 14 | -26 | 18 | 6 |
| 30 Sep 21 | 13 | -13 | 15 | 5 |
| 30 Jun 21 | 14 | 8 | 16 | 5 |
| 31 Mar 21 | 12 | 13 | 14 | 3 |
| 31 Dec 20 | 10 | 18 | 10 | 1 |
| 31 Dec 19 | 14 | -7 | 7 | 1 |
| 31 Dec 18 | 7 | -9 | 6 | 1 |
| 31 Dec 17 | 3 | -7 | 4 | 1 |
Quality Earnings: SOLR has high quality earnings.
Growing Profit Margin: SOLR became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SOLR has become profitable over the past 5 years, growing earnings by -20.5% per year.
Accelerating Growth: SOLR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SOLR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Renewable Energy industry (6.1%).
Return on Equity
High ROE: SOLR's Return on Equity (-6.3%) is considered low.