GRITEE Past Earnings Performance
Past criteria checks 5/6
GRITEE has been growing earnings at an average annual rate of 3%, while the Luxury industry saw earnings growing at 19.7% annually. Revenues have been growing at an average rate of 6.8% per year. GRITEE's return on equity is 11.1%, and it has net margins of 4.8%.
Key information
3.0%
Earnings growth rate
1.5%
EPS growth rate
| Luxury Industry Growth | 21.6% |
| Revenue growth rate | 6.8% |
| Return on equity | 11.1% |
| Net Margin | 4.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Is GRITEE, Inc.'s (KOSDAQ:204020) 1.0% Dividend Worth Your Time?
Mar 19
Returns On Capital At GRITEE (KOSDAQ:204020) Paint An Interesting Picture
Feb 12
Are GRITEE's (KOSDAQ:204020) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jan 20GRITEE, Inc. (KOSDAQ:204020) Stock Goes Ex-Dividend In Just Three Days
Dec 25GRITEE (KOSDAQ:204020) Seems To Use Debt Rather Sparingly
Dec 16Is GRITEE, Inc. (KOSDAQ:204020) A Smart Pick For Income Investors?
Nov 25Revenue & Expenses BreakdownBeta
How GRITEE 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 | 176,102 | 8,487 | 87,298 | 3,178 |
| 30 Sep 23 | 171,661 | 6,107 | 85,403 | 3,101 |
| 30 Jun 23 | 165,647 | 4,462 | 82,665 | 2,994 |
| 31 Mar 23 | 154,728 | 3,181 | 77,893 | 2,897 |
| 31 Dec 22 | 143,116 | 2,023 | 73,374 | 2,820 |
| 30 Sep 22 | 137,886 | -850 | 73,006 | 2,784 |
| 30 Jun 22 | 124,859 | -3,159 | 66,127 | 2,671 |
| 31 Mar 22 | 114,882 | -4,492 | 60,792 | 2,578 |
| 31 Dec 21 | 108,705 | -6,851 | 58,154 | 2,516 |
| 30 Sep 21 | 108,733 | -3,294 | 54,544 | 2,420 |
| 30 Jun 21 | 108,658 | -2,286 | 53,624 | 2,369 |
| 31 Mar 21 | 115,461 | -1,641 | 55,445 | 2,288 |
| 31 Dec 20 | 123,462 | 959 | 57,435 | 2,207 |
| 30 Sep 20 | 126,991 | 2,166 | 58,517 | 2,163 |
| 30 Jun 20 | 127,689 | 2,021 | 59,325 | 2,142 |
| 31 Mar 20 | 123,749 | 855 | 59,317 | 2,161 |
| 31 Dec 19 | 123,080 | 1,800 | 58,640 | 2,163 |
| 30 Sep 19 | 122,299 | 171 | 60,378 | 2,175 |
| 30 Jun 19 | 120,024 | 1,702 | 59,793 | 2,175 |
| 31 Mar 19 | 123,191 | 5,326 | 59,416 | 2,152 |
| 31 Dec 18 | 119,260 | 5,130 | 59,284 | 2,228 |
| 30 Sep 18 | 124,828 | 9,214 | 60,965 | 2,162 |
| 31 Dec 17 | 125,800 | 7,925 | 61,889 | 1,992 |
| 31 Dec 16 | 105,600 | 3,534 | 54,559 | 1,705 |
| 31 Dec 15 | 102,486 | 5,854 | 50,817 | 1,616 |
| 31 Dec 14 | 99,924 | 7,098 | 48,220 | 1,448 |
Quality Earnings: A204020 has high quality earnings.
Growing Profit Margin: A204020's current net profit margins (4.8%) are higher than last year (1.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: A204020's earnings have grown by 3% per year over the past 5 years.
Accelerating Growth: A204020's earnings growth over the past year (319.5%) exceeds its 5-year average (3% per year).
Earnings vs Industry: A204020 earnings growth over the past year (319.5%) exceeded the Luxury industry -29.7%.
Return on Equity
High ROE: A204020's Return on Equity (11.1%) is considered low.