Nexen Tire Past Earnings Performance
Past criteria checks 4/6
Nexen Tire's earnings have been declining at an average annual rate of -3.5%, while the Auto Components industry saw earnings growing at 25% annually. Revenues have been growing at an average rate of 9.8% per year. Nexen Tire's return on equity is 8.2%, and it has net margins of 5%.
Key information
-3.5%
Earnings growth rate
-4.9%
EPS growth rate
| Auto Components Industry Growth | 24.3% |
| Revenue growth rate | 9.8% |
| Return on equity | 8.2% |
| Net Margin | 5.0% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Nexen Tire 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 |
|---|---|---|---|---|
| 30 Jun 24 | 2,812,547 | 141,793 | 446,922 | 87,661 |
| 31 Mar 24 | 2,740,250 | 125,658 | 427,433 | 87,113 |
| 31 Dec 23 | 2,701,720 | 96,253 | 421,032 | 86,634 |
| 30 Sep 23 | 2,725,455 | 83,014 | 397,797 | 84,246 |
| 30 Jun 23 | 2,742,094 | 46,244 | 389,288 | 86,361 |
| 31 Mar 23 | 2,703,990 | 9,403 | 369,452 | 88,358 |
| 31 Dec 22 | 2,597,424 | -27,769 | 351,719 | 90,494 |
| 30 Sep 22 | 2,440,755 | -46,328 | 339,627 | 90,396 |
| 30 Jun 22 | 2,266,408 | -58,345 | 319,067 | 88,397 |
| 31 Mar 22 | 2,118,572 | -40,056 | 311,418 | 83,244 |
| 31 Dec 21 | 2,079,407 | 4,818 | 308,220 | 85,101 |
| 30 Sep 21 | 1,991,249 | 26,888 | 298,409 | 86,066 |
| 30 Jun 21 | 1,923,661 | 11,100 | 294,336 | 88,327 |
| 31 Mar 21 | 1,732,815 | -12,296 | 274,424 | 91,816 |
| 31 Dec 20 | 1,698,128 | -16,804 | 269,658 | 91,495 |
| 30 Sep 20 | 1,698,252 | 15,616 | 269,332 | 94,220 |
| 30 Jun 20 | 1,766,105 | 53,747 | 271,621 | 95,839 |
| 31 Mar 20 | 1,992,042 | 106,804 | 284,186 | 95,769 |
| 31 Dec 19 | 2,022,338 | 118,230 | 282,159 | 92,607 |
| 30 Sep 19 | 2,053,059 | 113,680 | 259,939 | 85,325 |
| 30 Jun 19 | 2,036,919 | 116,156 | 272,982 | 78,100 |
| 31 Mar 19 | 1,999,577 | 97,656 | 279,964 | 73,597 |
| 31 Dec 18 | 1,983,976 | 96,972 | 286,206 | 70,134 |
| 30 Sep 18 | 1,938,388 | 99,579 | 327,681 | 67,128 |
| 30 Jun 18 | 1,946,269 | 112,439 | 341,686 | 65,533 |
| 31 Mar 18 | 1,957,129 | 121,049 | 350,944 | 63,819 |
| 31 Dec 17 | 1,964,793 | 124,964 | 363,912 | 62,628 |
| 30 Sep 17 | 1,995,853 | 142,745 | 368,164 | 60,751 |
| 30 Jun 17 | 1,939,165 | 147,583 | 360,601 | 59,945 |
| 31 Mar 17 | 1,918,211 | 161,536 | 360,779 | 60,456 |
| 31 Dec 16 | 1,894,703 | 173,779 | 355,529 | 59,907 |
| 30 Sep 16 | 1,877,483 | 172,005 | 330,968 | 61,799 |
| 30 Jun 16 | 1,877,609 | 145,822 | 320,602 | 63,240 |
| 31 Mar 16 | 1,851,575 | 144,751 | 311,927 | 63,950 |
| 31 Dec 15 | 1,837,467 | 125,216 | 305,103 | 65,069 |
| 30 Sep 15 | 1,818,308 | 124,253 | 306,519 | 64,320 |
| 30 Jun 15 | 1,783,863 | 131,766 | 292,517 | 63,917 |
| 31 Mar 15 | 1,749,803 | 125,095 | 278,092 | 63,786 |
| 31 Dec 14 | 1,758,782 | 128,492 | 270,746 | 62,392 |
| 30 Sep 14 | 1,727,547 | 118,426 | 260,803 | 62,124 |
| 30 Jun 14 | 1,730,155 | 126,488 | 253,371 | 60,699 |
| 31 Mar 14 | 1,748,222 | 115,884 | 249,120 | 58,433 |
| 31 Dec 13 | 1,728,240 | 122,634 | 237,838 | 56,235 |
Quality Earnings: A002355 has high quality earnings.
Growing Profit Margin: A002355's current net profit margins (5%) are higher than last year (1.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: A002355's earnings have declined by 3.5% per year over the past 5 years.
Accelerating Growth: A002355's earnings growth over the past year (206.6%) exceeds its 5-year average (-3.5% per year).
Earnings vs Industry: A002355 earnings growth over the past year (206.6%) exceeded the Auto Components industry 20.8%.
Return on Equity
High ROE: A002355's Return on Equity (8.2%) is considered low.