Force Motors Past Earnings Performance
Past criteria checks 5/6
Force Motors has been growing earnings at an average annual rate of 29.8%, while the Machinery industry saw earnings growing at 22.4% annually. Revenues have been growing at an average rate of 17.8% per year. Force Motors's return on equity is 17.2%, and it has net margins of 5.6%.
Key information
29.8%
Earnings growth rate
29.8%
EPS growth rate
| Machinery Industry Growth | 21.0% |
| Revenue growth rate | 17.8% |
| Return on equity | 17.2% |
| Net Margin | 5.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Force Motors 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 | 69,921 | 3,881 | 5,333 | 0 |
| 31 Dec 23 | 64,712 | 3,944 | 5,302 | 0 |
| 30 Sep 23 | 60,833 | 2,934 | 5,021 | 0 |
| 30 Jun 23 | 55,457 | 2,188 | 4,496 | 0 |
| 31 Mar 23 | 50,290 | 1,336 | 4,464 | 0 |
| 31 Dec 22 | 44,448 | -557 | 4,111 | 0 |
| 30 Sep 22 | 39,188 | -830 | 4,029 | 0 |
| 30 Jun 22 | 36,198 | -1,033 | 3,825 | 0 |
| 31 Mar 22 | 32,404 | -911 | 3,837 | 0 |
| 31 Dec 21 | 30,097 | -1,020 | 3,942 | 0 |
| 30 Sep 21 | 27,181 | -781 | 3,859 | 0 |
| 30 Jun 21 | 24,814 | -630 | 3,621 | 0 |
| 31 Mar 21 | 20,007 | -1,236 | 3,628 | 0 |
| 31 Dec 20 | 20,144 | -639 | 3,596 | 0 |
| 30 Sep 20 | 23,850 | -311 | 3,760 | 0 |
| 30 Jun 20 | 24,634 | -410 | 3,760 | 0 |
| 31 Mar 20 | 30,934 | 502 | 4,329 | 0 |
| 31 Dec 19 | 35,082 | 808 | 4,657 | 0 |
| 30 Sep 19 | 34,628 | 930 | 4,596 | 0 |
| 30 Jun 19 | 35,658 | 1,285 | 4,237 | 0 |
| 31 Mar 19 | 36,732 | 1,433 | 4,264 | 0 |
| 31 Mar 18 | 34,413 | 1,471 | 4,081 | 0 |
| 31 Mar 17 | 31,008 | 1,801 | 3,911 | 0 |
| 31 Mar 16 | 30,511 | 1,789 | 3,398 | 0 |
| 31 Mar 15 | 23,848 | 1,015 | 3,324 | 0 |
| 31 Mar 14 | 20,511 | 778 | 3,041 | 0 |
Quality Earnings: 500033 has high quality earnings.
Growing Profit Margin: 500033's current net profit margins (5.6%) are higher than last year (2.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 500033's earnings have grown significantly by 29.8% per year over the past 5 years.
Accelerating Growth: 500033's earnings growth over the past year (190.4%) exceeds its 5-year average (29.8% per year).
Earnings vs Industry: 500033 earnings growth over the past year (190.4%) exceeded the Machinery industry 29.7%.
Return on Equity
High ROE: 500033's Return on Equity (17.2%) is considered low.