Thaai Casting Past Earnings Performance
Past criteria checks 2/6
Thaai Casting has been growing earnings at an average annual rate of 336.5%, while the Auto Components industry saw earnings growing at 20.2% annually. Revenues have been growing at an average rate of 27.7% per year. Thaai Casting's return on equity is 31.1%, and it has net margins of 10.3%.
Key information
336.5%
Earnings growth rate
336.5%
EPS growth rate
| Auto Components Industry Growth | 16.7% |
| Revenue growth rate | 27.7% |
| Return on equity | 31.1% |
| Net Margin | 10.3% |
| Last Earnings Update | 31 Mar 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Thaai Casting 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 23 | 490 | 50 | 55 | 0 |
| 31 Mar 22 | 383 | 12 | 43 | 0 |
| 31 Mar 21 | 204 | 4 | 29 | 0 |
Quality Earnings: TCL has a high level of non-cash earnings.
Growing Profit Margin: TCL's current net profit margins (10.3%) are higher than last year (3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if TCL's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare TCL's past year earnings growth to its 5-year average.
Earnings vs Industry: TCL earnings growth over the past year (336.5%) exceeded the Auto Components industry 21.2%.
Return on Equity
High ROE: Whilst TCL's Return on Equity (31.14%) is high, this metric is skewed due to their high level of debt.