Platinum Industries Past Earnings Performance
Past criteria checks 2/6
Platinum Industries has been growing earnings at an average annual rate of 46.4%, while the Chemicals industry saw earnings growing at 16% annually. Revenues have been growing at an average rate of 26.3% per year. Platinum Industries's return on equity is 12.8%, and it has net margins of 16.5%.
Key information
46.4%
Earnings growth rate
45.5%
EPS growth rate
| Chemicals Industry Growth | 17.7% |
| Revenue growth rate | 26.3% |
| Return on equity | 12.8% |
| Net Margin | 16.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Platinum Industries 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 | 2,644 | 437 | 111 | 0 |
| 31 Dec 23 | 2,443 | 431 | 130 | 0 |
| 31 Mar 23 | 2,315 | 379 | 107 | 0 |
| 31 Mar 22 | 1,882 | 177 | 45 | 0 |
| 31 Mar 21 | 893 | 48 | 35 | 0 |
Quality Earnings: PLATIND has a high level of non-cash earnings.
Growing Profit Margin: PLATIND's current net profit margins (16.5%) are higher than last year (16.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if PLATIND's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare PLATIND's past year earnings growth to its 5-year average.
Earnings vs Industry: PLATIND earnings growth over the past year (15.4%) exceeded the Chemicals industry -0.2%.
Return on Equity
High ROE: PLATIND's Return on Equity (12.8%) is considered low.