Bright Solar Past Earnings Performance
We're still processing the latest earnings report of this company
Past criteria checks 0/6
Bright Solar's earnings have been declining at an average annual rate of -53.2%, while the Construction industry saw earnings growing at 30.9% annually. Revenues have been declining at an average rate of 31.2% per year.
Key information
-53.2%
Earnings growth rate
-51.8%
EPS growth rate
| Construction Industry Growth | 19.0% |
| Revenue growth rate | -31.2% |
| Return on equity | -20.4% |
| Net Margin | -62.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Calculating The Intrinsic Value Of Bright Solar Limited (NSE:BRIGHT)
Jun 21
Would Bright Solar Limited (NSE:BRIGHT) Be Valuable To Income Investors?
Mar 16Have Insiders Sold Bright Solar Limited (NSE:BRIGHT) Shares Recently?
Jan 22
This Insider Has Just Sold Shares In Bright Solar Limited (NSE:BRIGHT)
Jan 07Revenue & Expenses Breakdown
How Bright Solar 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 | 95 | -60 | 4 | 0 |
| 31 Dec 23 | 143 | -47 | 4 | 0 |
| 30 Sep 23 | 195 | -33 | 4 | 0 |
| 30 Jun 23 | 217 | -16 | 4 | 0 |
| 31 Mar 23 | 236 | 1 | 4 | 0 |
| 31 Dec 22 | 172 | -21 | 5 | 0 |
| 30 Sep 22 | 107 | -43 | 6 | 0 |
| 30 Jun 22 | 89 | -58 | 7 | 0 |
| 31 Mar 22 | 73 | -74 | 8 | 0 |
| 31 Dec 21 | 96 | -51 | 9 | 0 |
| 30 Sep 21 | 120 | -29 | 8 | 0 |
| 30 Jun 21 | 183 | -14 | 10 | 0 |
| 31 Mar 21 | 245 | 2 | 12 | 0 |
| 31 Dec 20 | 294 | 3 | 15 | 0 |
| 30 Sep 20 | 342 | 5 | 15 | 0 |
| 30 Jun 20 | 288 | 5 | 18 | 0 |
| 31 Mar 20 | 235 | 5 | 23 | 0 |
| 30 Sep 19 | 479 | 13 | 24 | 0 |
| 30 Jun 19 | 527 | 18 | 21 | 0 |
| 31 Mar 19 | 574 | 23 | 18 | 0 |
| 31 Mar 18 | 396 | 62 | 4 | 0 |
| 31 Mar 17 | 180 | 17 | 1 | 0 |
| 31 Mar 16 | 153 | 7 | 4 | 0 |
| 31 Mar 15 | 478 | 20 | 6 | 0 |
| 31 Mar 14 | 282 | 5 | 10 | 0 |
Quality Earnings: BRIGHT is currently unprofitable.
Growing Profit Margin: BRIGHT is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BRIGHT is unprofitable, and losses have increased over the past 5 years at a rate of 53.2% per year.
Accelerating Growth: Unable to compare BRIGHT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BRIGHT is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (41%).
Return on Equity
High ROE: BRIGHT has a negative Return on Equity (-20.38%), as it is currently unprofitable.