Happy Forgings Past Earnings Performance
Past criteria checks 4/6
Happy Forgings has been growing earnings at an average annual rate of 26.3%, while the Machinery industry saw earnings growing at 22.6% annually. Revenues have been growing at an average rate of 25.6% per year. Happy Forgings's return on equity is 20.7%, and it has net margins of 17.3%.
Key information
26.3%
Earnings growth rate
25.8%
EPS growth rate
| Machinery Industry Growth | 21.0% |
| Revenue growth rate | 25.6% |
| Return on equity | 20.7% |
| Net Margin | 17.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 31 Dec 23 | 13,174 | 2,279 | 1,104 | 0 |
| 30 Sep 23 | 12,696 | 2,116 | 1,027 | 0 |
| 30 Jun 23 | 12,331 | 2,102 | 957 | 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: HAPPYFORGE has high quality earnings.
Growing Profit Margin: HAPPYFORGE's current net profit margins (17.3%) are higher than last year (17.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HAPPYFORGE's earnings have grown significantly by 26.3% per year over the past 5 years.
Accelerating Growth: HAPPYFORGE's earnings growth over the past year (18.5%) is below its 5-year average (26.3% per year).
Earnings vs Industry: HAPPYFORGE earnings growth over the past year (18.5%) did not outperform the Machinery industry 30.3%.
Return on Equity
High ROE: HAPPYFORGE's Return on Equity (20.7%) is considered high.