Solve Plastic Products Past Earnings Performance
Past criteria checks 2/6
Solve Plastic Products has been growing earnings at an average annual rate of 79.6%, while the Building industry saw earnings growing at 22.6% annually. Revenues have been growing at an average rate of 3.7% per year. Solve Plastic Products's return on equity is 32.5%, and it has net margins of 3.1%.
Key information
79.6%
Earnings growth rate
79.5%
EPS growth rate
| Building Industry Growth | 20.2% |
| Revenue growth rate | 3.7% |
| Return on equity | 32.5% |
| Net Margin | 3.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Solve Plastic Products 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 | 462 | 14 | 61 | 0 |
| 31 Mar 23 | 608 | 12 | 58 | 0 |
| 31 Mar 22 | 551 | -4 | 47 | 0 |
| 31 Mar 21 | 417 | -2 | 40 | 0 |
Quality Earnings: BALCO has high quality earnings.
Growing Profit Margin: BALCO's current net profit margins (3.1%) are higher than last year (2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if BALCO's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare BALCO's past year earnings growth to its 5-year average.
Earnings vs Industry: BALCO earnings growth over the past year (18.5%) did not outperform the Building industry 42.6%.
Return on Equity
High ROE: Whilst BALCO's Return on Equity (32.47%) is high, this metric is skewed due to their high level of debt.