Mirae Asset Securities Past Earnings Performance
Past criteria checks 0/6
Mirae Asset Securities's earnings have been declining at an average annual rate of -9.5%, while the Capital Markets industry saw earnings declining at 1.2% annually. Revenues have been growing at an average rate of 3.5% per year. Mirae Asset Securities's return on equity is 2.9%, and it has net margins of 1.2%.
Key information
-9.5%
Earnings growth rate
-7.1%
EPS growth rate
| Capital Markets Industry Growth | 6.5% |
| Revenue growth rate | 3.5% |
| Return on equity | 2.9% |
| Net Margin | 1.2% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Mirae Asset 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 |
|---|---|---|---|---|
| 30 Jun 24 | 13,862,880 | 160,161 | 1,063,259 | 0 |
| 31 Mar 24 | 13,511,016 | 139,406 | 1,007,337 | 0 |
| 31 Dec 23 | 14,442,925 | 248,526 | 958,652 | 0 |
| 30 Sep 23 | 11,800,978 | 550,149 | 971,926 | 0 |
| 30 Jun 23 | 13,854,943 | 598,452 | 918,378 | 0 |
| 31 Mar 23 | 16,135,309 | 722,072 | 957,738 | 0 |
| 31 Dec 22 | 15,299,324 | 685,925 | 930,273 | 0 |
| 30 Sep 22 | 16,746,470 | 742,295 | 950,047 | 0 |
| 30 Jun 22 | 14,365,207 | 974,560 | 1,018,859 | 0 |
| 31 Mar 22 | 11,720,259 | 1,062,138 | 1,064,105 | 0 |
| 31 Dec 21 | 11,246,323 | 1,152,716 | 1,127,555 | 0 |
| 30 Sep 21 | 12,177,506 | 1,160,639 | 1,163,633 | 0 |
| 30 Jun 21 | 11,504,864 | 1,048,233 | 1,164,150 | 0 |
| 31 Mar 21 | 10,354,561 | 1,005,215 | 1,104,034 | 0 |
| 31 Dec 20 | 13,818,273 | 821,834 | 1,032,540 | 0 |
| 30 Sep 20 | 12,643,929 | 773,633 | 969,473 | 0 |
| 30 Jun 20 | 13,259,683 | 682,088 | 899,873 | 0 |
| 31 Mar 20 | 15,266,939 | 599,751 | 853,059 | 0 |
| 31 Dec 19 | 11,357,624 | 658,998 | 903,823 | 0 |
| 30 Sep 19 | 12,353,575 | 550,084 | 882,655 | 0 |
| 30 Jun 19 | 11,224,747 | 487,069 | 899,573 | 0 |
| 31 Mar 19 | 11,386,487 | 424,319 | 916,922 | 0 |
| 31 Dec 18 | 10,375,120 | 456,565 | 863,528 | 0 |
| 30 Sep 18 | 10,118,622 | 525,710 | 879,263 | 0 |
| 30 Jun 18 | 10,345,632 | 586,014 | 875,491 | 0 |
| 31 Mar 18 | 8,916,308 | 592,377 | 846,525 | 0 |
| 31 Dec 17 | 8,970,919 | 503,176 | 816,658 | 0 |
| 30 Sep 17 | 8,012,036 | 294,833 | 789,509 | 0 |
| 30 Jun 17 | 8,635,583 | 210,542 | 758,124 | 0 |
| 31 Mar 17 | 8,160,443 | 109,335 | 739,395 | 0 |
| 31 Dec 16 | 6,846,040 | 39,292 | 616,838 | 0 |
| 30 Sep 16 | 4,944,971 | 35,506 | 310,604 | 0 |
| 30 Jun 16 | 4,687,428 | 41,083 | 242,108 | 0 |
| 31 Mar 16 | 4,282,353 | 98,770 | 190,634 | 0 |
| 31 Dec 15 | 3,832,415 | 169,751 | 261,068 | 0 |
| 30 Sep 15 | 4,291,225 | 294,650 | 566,182 | 0 |
| 30 Jun 15 | 3,656,638 | 337,067 | 502,614 | 0 |
| 31 Mar 15 | 3,804,232 | 270,230 | 461,361 | 0 |
| 31 Dec 14 | 3,447,815 | 205,195 | 417,541 | 0 |
| 31 Dec 13 | 2,668,035 | -38,901 | 512,765 | 0 |
Quality Earnings: A00680K has a high level of non-cash earnings.
Growing Profit Margin: A00680K's current net profit margins (1.2%) are lower than last year (4.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: A00680K's earnings have declined by 9.5% per year over the past 5 years.
Accelerating Growth: A00680K's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: A00680K had negative earnings growth (-73.2%) over the past year, making it difficult to compare to the Capital Markets industry average (16.7%).
Return on Equity
High ROE: A00680K's Return on Equity (2.9%) is considered low.