Hayleys Fabric Past Earnings Performance

Past criteria checks 2/6

Hayleys Fabric has been growing earnings at an average annual rate of 28.5%, while the Luxury industry saw earnings growing at 11.9% annually. Revenues have been growing at an average rate of 23.9% per year. Hayleys Fabric's return on equity is 22.8%, and it has net margins of 4.5%.

Key information

28.5%

Earnings growth rate

29.5%

EPS growth rate

Luxury Industry Growth	9.9%
Revenue growth rate	23.9%
Return on equity	22.8%
Net Margin	4.5%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Hayleys Fabric makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

COSE:MGT.N0000 Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	165	7	12
30 Sep 23	173	1	12
30 Jun 23	170	0	11
31 Mar 23	167	1	11
31 Dec 22	166	8	13
30 Sep 22	168	15	13
30 Jun 22	163	16	13
31 Mar 22	150	13	13
31 Dec 21	130	6	10
30 Sep 21	108	6	8
30 Jun 21	90	5	7
31 Mar 21	77	4	6
31 Dec 20	70	2	5
30 Sep 20	67	1	6
30 Jun 20	64	1	6
31 Mar 20	67	1	6
31 Dec 19	74	2	6
30 Sep 19	76	3	6
30 Jun 19	74	2	6
31 Mar 19	70	1	6
31 Dec 18	67	1	6
30 Sep 18	61	0	6
30 Jun 18	60	0	5
31 Mar 18	58	-1	5
31 Dec 17	55	0	5
30 Sep 17	55	0	5
30 Jun 17	55	0	5
31 Mar 17	56	0	5
31 Dec 16	56	1	5
30 Sep 16	57	1	5
30 Jun 16	59	2	5
31 Mar 16	60	2	5
31 Dec 15	62	2	5
30 Sep 15	64	1	5
30 Jun 15	65	1	5
31 Mar 15	65	1	5
31 Dec 14	66	0	5
30 Sep 14	64	-1	5
30 Jun 14	63	-1	5
31 Mar 14	61	-1	4
31 Dec 13	54	-3	4
30 Sep 13	50	-4	4
30 Jun 13	45	-4	5

Quality Earnings: MGT.N0000 has high quality earnings.

Growing Profit Margin: MGT.N0000's current net profit margins (4.5%) are lower than last year (5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MGT.N0000's earnings have grown significantly by 28.5% per year over the past 5 years.

Accelerating Growth: MGT.N0000's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MGT.N0000 had negative earnings growth (-11%) over the past year, making it difficult to compare to the Luxury industry average (-5.6%).

Return on Equity

High ROE: Whilst MGT.N0000's Return on Equity (22.85%) is high, this metric is skewed due to their high level of debt.

Hayleys Fabric Past Earnings Performance

Past criteria checks 2/6

Key information

Recent past performance updates

Third quarter 2024 earnings released: EPS: US$0.004 (vs US$0.012 loss in 3Q 2023)

Second quarter 2024 earnings released: EPS: US$0.007 (vs US$0.003 in 2Q 2023)

First quarter 2024 earnings released: EPS: US$0.007 (vs US$0.011 in 1Q 2023)

Full year 2023 earnings released: EPS: US$0.003 (vs US$0.031 in FY 2022)

Third quarter 2023 earnings released: US$0.012 loss per share (vs US$0.005 profit in 3Q 2022)

Second quarter 2023 earnings released: EPS: US$0.003 (vs US$0.005 in 2Q 2022)

Recent updates

Upcoming dividend of LK₨0.25 per share

Price target increased by 8.3% to LK₨65.00

Third quarter 2024 earnings released: EPS: US$0.004 (vs US$0.012 loss in 3Q 2023)

Independent Non-Executive Director recently bought LK₨415k worth of stock

Second quarter 2024 earnings released: EPS: US$0.007 (vs US$0.003 in 2Q 2023)

Independent Non-Executive Director recently sold LK₨968k worth of stock

Independent Non-Executive Director recently sold LK₨2.2m worth of stock

New minor risk - Share price stability

First quarter 2024 earnings released: EPS: US$0.007 (vs US$0.011 in 1Q 2023)

Price target decreased by 13% to LK₨35.00

Independent Non-Executive Director recently bought LK₨344k worth of stock

Independent Non-Executive Director recently bought LK₨230k worth of stock

Upcoming dividend of LK₨0.10 per share at 6.7% yield

New major risk - Dividend sustainability

Hayleys Fabric PLC, Annual General Meeting, Jun 23, 2023

Full year 2023 earnings released: EPS: US$0.003 (vs US$0.031 in FY 2022)

Third quarter 2023 earnings released: US$0.012 loss per share (vs US$0.005 profit in 3Q 2022)

Now 22% undervalued

Investor sentiment improves as stock rises 19%

Independent Non-Executive Director recently bought LK₨100k worth of stock

Independent Non-Executive Director recently bought LK₨110k worth of stock

Independent Non-Executive Director recently bought LK₨75k worth of stock

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: US$0.003 (vs US$0.005 in 2Q 2022)

Hayleys Fabric PLC Appoints Donna Brindhini Perera as Non-Executive Director

Independent Non-Executive Director recently bought LK₨170k worth of stock

First quarter 2023 earnings released: EPS: US$0.011 (vs US$0.004 in 1Q 2022)

Investor sentiment improved over the past week

Upcoming dividend of LK₨1.00 per share

Hayleys Fabric PLC Proposes Final Dividend

Investor sentiment improved over the past week

Full year 2022 earnings released: EPS: US$0.031 (vs US$0.009 in FY 2021)

Price target increased to LK₨39.10

Less than half of directors are independent

Independent Non-Executive Director recently bought LK₨280k worth of stock

Upcoming dividend of LK₨0.30 per share

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Independent Non-Executive Director recently bought LK₨380k worth of stock

Investor sentiment improved over the past week

Price target increased to LK₨29.05

Investor sentiment improved over the past week

Non-Executive Director recently bought LK₨1.1m worth of stock

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS US$0.004 (vs US$0.001 in 1Q 2021)

Independent Non-Executive Director recently sold LK₨1.0m worth of stock

Independent Non-Executive Director recently sold LK₨570k worth of stock

Upcoming dividend of LK₨0.10 per share

Independent Non-Executive Director recently sold LK₨360k worth of stock

Upcoming Dividend of LK₨0.25 Per Share

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS US$0.007 (vs US$0.001 in 3Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: LK₨30.00

New 90-day high: LK₨27.40

Upcoming Dividend of LK₨0.45 Per Share

Second quarter 2021 earnings released: EPS US$0.005

Non-Executive Director recently bought LK₨329k worth of stock

Non-Executive Director recently bought LK₨354k worth of stock

Upcoming Dividend of LK₨0.25 Per Share

New 90-day high: LK₨24.90

Non-Executive Director recently bought LK₨2.0m worth of stock

Non-Executive Director recently bought LK₨187k worth of stock

New 90-day high - LK₨16.50

New 90-day high - LK₨13.40

First quarter earnings released

Revenue & Expenses BreakdownBeta

Revenue & Expenses Breakdown
Beta