Tenax International Past Earnings Performance
Past criteria checks 5/6
Tenax International has been growing earnings at an average annual rate of 18.6%, while the Machinery industry saw earnings growing at 19.5% annually. Revenues have been growing at an average rate of 23.8% per year. Tenax International's return on equity is 9.5%, and it has net margins of 3.3%.
Key information
18.6%
Earnings growth rate
23.7%
EPS growth rate
| Machinery Industry Growth | 19.4% |
| Revenue growth rate | 23.8% |
| Return on equity | 9.5% |
| Net Margin | 3.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Tenax International 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 | 21 | 1 | 4 | 0 |
| 30 Sep 23 | 21 | 1 | 4 | 0 |
| 30 Jun 23 | 20 | 1 | 4 | 0 |
| 31 Mar 23 | 19 | 1 | 4 | 0 |
| 31 Dec 22 | 18 | 0 | 3 | 0 |
| 30 Sep 22 | 15 | 0 | 3 | 0 |
| 30 Jun 22 | 13 | 0 | 3 | 0 |
| 31 Mar 22 | 12 | 0 | 3 | 0 |
| 31 Dec 21 | 11 | 0 | 2 | 0 |
| 30 Sep 21 | 10 | 0 | 2 | 0 |
| 30 Jun 21 | 9 | 1 | 2 | 0 |
| 31 Mar 21 | 9 | 0 | 2 | 0 |
| 31 Dec 20 | 8 | 0 | 2 | 0 |
| 31 Dec 19 | 8 | 0 | 2 | 0 |
| 31 Dec 18 | 8 | 0 | 1 | 0 |
Quality Earnings: TNX has high quality earnings.
Growing Profit Margin: TNX's current net profit margins (3.3%) are higher than last year (1.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TNX's earnings have grown by 18.6% per year over the past 5 years.
Accelerating Growth: TNX's earnings growth over the past year (111.9%) exceeds its 5-year average (18.6% per year).
Earnings vs Industry: TNX earnings growth over the past year (111.9%) exceeded the Machinery industry 6.1%.
Return on Equity
High ROE: TNX's Return on Equity (9.5%) is considered low.