Happy Forgings Past Earnings Performance
Past criteria checks 3/6
Happy Forgings has been growing earnings at an average annual rate of 23.7%, while the Machinery industry saw earnings growing at 25.5% annually. Revenues have been growing at an average rate of 11.7% per year. Happy Forgings's return on equity is 15.1%, and it has net margins of 17.7%.
Key information
23.7%
Earnings growth rate
23.2%
EPS growth rate
| Machinery Industry Growth | 21.0% |
| Revenue growth rate | 11.7% |
| Return on equity | 15.1% |
| Net Margin | 17.7% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Happy Forgings 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 Jun 24 | 13,699 | 2,427 | 1,197 | 0 |
| 31 Mar 24 | 13,582 | 2,430 | 1,156 | 0 |
| 31 Dec 23 | 13,174 | 2,279 | 1,104 | 0 |
| 30 Sep 23 | 12,696 | 2,116 | 1,027 | 0 |
| 30 Jun 23 | 12,265 | 2,145 | 934 | 0 |
| 31 Mar 23 | 11,965 | 2,087 | 887 | 0 |
| 31 Mar 22 | 8,600 | 1,423 | 692 | 0 |
| 31 Mar 21 | 5,850 | 864 | 497 | 0 |
| 31 Mar 20 | 5,581 | 799 | 497 | 0 |
Quality Earnings: 544057 has high quality earnings.
Growing Profit Margin: 544057's current net profit margins (17.7%) are higher than last year (17.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 544057's earnings have grown significantly by 23.7% per year over the past 5 years.
Accelerating Growth: 544057's earnings growth over the past year (13.1%) is below its 5-year average (23.7% per year).
Earnings vs Industry: 544057 earnings growth over the past year (13.1%) did not outperform the Machinery industry 25.1%.
Return on Equity
High ROE: 544057's Return on Equity (15.1%) is considered low.