Happy Forgings Past Earnings Performance
Past criteria checks 3/6
Happy Forgings has been growing earnings at an average annual rate of 25.1%, while the Machinery industry saw earnings growing at 24.4% annually. Revenues have been growing at an average rate of 23.8% per year. Happy Forgings's return on equity is 15.1%, and it has net margins of 17.9%.
Key information
25.1%
Earnings growth rate
24.7%
EPS growth rate
Machinery Industry Growth | 21.0% |
Revenue growth rate | 23.8% |
Return on equity | 15.1% |
Net Margin | 17.9% |
Last Earnings Update | 31 Mar 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 |
---|---|---|---|---|
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 | 12,331 | 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 (17.9%) are higher than last year (17.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HAPPYFORGE's earnings have grown significantly by 25.1% per year over the past 5 years.
Accelerating Growth: HAPPYFORGE's earnings growth over the past year (16.4%) is below its 5-year average (25.1% per year).
Earnings vs Industry: HAPPYFORGE earnings growth over the past year (16.4%) did not outperform the Machinery industry 29.1%.
Return on Equity
High ROE: HAPPYFORGE's Return on Equity (15.1%) is considered low.