Summit Securities Past Earnings Performance
Past criteria checks 4/6
Summit Securities's earnings have been declining at an average annual rate of -16.1%, while the Capital Markets industry saw earnings growing at 23.9% annually. Revenues have been declining at an average rate of 8.4% per year. Summit Securities's return on equity is 0.9%, and it has net margins of 74.2%.
Key information
-16.1%
Earnings growth rate
-16.1%
EPS growth rate
| Capital Markets Industry Growth | 20.7% |
| Revenue growth rate | -8.4% |
| Return on equity | 0.9% |
| Net Margin | 74.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
The Market Doesn't Like What It Sees From Summit Securities Limited's (NSE:SUMMITSEC) Earnings Yet
Feb 14
Summit Securities Limited (NSE:SUMMITSEC) Looks Inexpensive But Perhaps Not Attractive Enough
Feb 10If You Had Bought Summit Securities (NSE:SUMMITSEC) Stock Five Years Ago, You Could Pocket A 59% Gain Today
Dec 15Introducing Summit Securities (NSE:SUMMITSEC), A Stock That Climbed 46% In The Last Five Years
Sep 01Revenue & Expenses BreakdownBeta
How Summit Securities 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 | 896 | 664 | 15 | 0 |
| 30 Sep 23 | 745 | 560 | 15 | 0 |
| 30 Jun 23 | 372 | 335 | 14 | 0 |
| 31 Mar 23 | 504 | 371 | 14 | 0 |
| 31 Dec 22 | 481 | 346 | 15 | 0 |
| 30 Sep 22 | 478 | 311 | 16 | 0 |
| 30 Jun 22 | 930 | 591 | 16 | 0 |
| 31 Mar 22 | 741 | 508 | 17 | 0 |
| 31 Dec 21 | 781 | 536 | 17 | 0 |
| 30 Sep 21 | 846 | 594 | 17 | 0 |
| 30 Jun 21 | 276 | 178 | 22 | 0 |
| 31 Mar 21 | 290 | 183 | 16 | 0 |
| 31 Dec 20 | 633 | 493 | 10 | 0 |
| 30 Sep 20 | 559 | 428 | 13 | 0 |
| 30 Jun 20 | 889 | 772 | 21 | 0 |
| 31 Mar 20 | 819 | 720 | 15 | 0 |
| 31 Dec 19 | 1,190 | 1,138 | 19 | 0 |
| 30 Sep 19 | 1,178 | 1,141 | 12 | 0 |
| 30 Jun 19 | 1,108 | 1,071 | 22 | 0 |
| 31 Mar 19 | 383 | 345 | 12 | 0 |
| 31 Mar 18 | 1,415 | 1,213 | 15 | 0 |
| 31 Mar 17 | 54 | 69 | 15 | 0 |
| 31 Mar 16 | 534 | 501 | 12 | 0 |
| 31 Mar 15 | 260 | 246 | 7 | 0 |
| 31 Mar 14 | 149 | 128 | 7 | 0 |
Quality Earnings: SUMMITSEC has high quality earnings.
Growing Profit Margin: SUMMITSEC's current net profit margins (74.2%) are higher than last year (72.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SUMMITSEC's earnings have declined by 16.1% per year over the past 5 years.
Accelerating Growth: SUMMITSEC's earnings growth over the past year (91.7%) exceeds its 5-year average (-16.1% per year).
Earnings vs Industry: SUMMITSEC earnings growth over the past year (91.7%) exceeded the Capital Markets industry 37.9%.
Return on Equity
High ROE: SUMMITSEC's Return on Equity (0.9%) is considered low.