Commercial Development Past Earnings Performance
Past criteria checks 3/6
Commercial Development's earnings have been declining at an average annual rate of -5%, while the Real Estate industry saw earnings growing at 3.6% annually. Revenues have been growing at an average rate of 11.4% per year. Commercial Development's return on equity is 8.1%, and it has net margins of 42.8%.
Key information
-5.0%
Earnings growth rate
-5.0%
EPS growth rate
| Real Estate Industry Growth | 3.9% |
| Revenue growth rate | 11.4% |
| Return on equity | 8.1% |
| Net Margin | 42.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Commercial Development 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 | 688 | 294 | 45 | 0 |
| 30 Sep 23 | 675 | 238 | 42 | 0 |
| 30 Jun 23 | 662 | 230 | 40 | 0 |
| 31 Mar 23 | 653 | 222 | 40 | 0 |
| 31 Dec 22 | 631 | 224 | 37 | 0 |
| 30 Sep 22 | 613 | 388 | 35 | 0 |
| 30 Jun 22 | 614 | 385 | 35 | 0 |
| 31 Mar 22 | 624 | 346 | 34 | 0 |
| 31 Dec 21 | 632 | 402 | 33 | 0 |
| 30 Sep 21 | 601 | 213 | 33 | 0 |
| 30 Jun 21 | 550 | 183 | 33 | 0 |
| 31 Mar 21 | 498 | 199 | 31 | 0 |
| 31 Dec 20 | 455 | 123 | 31 | 0 |
| 30 Sep 20 | 462 | 366 | 34 | 0 |
| 30 Jun 20 | 460 | 367 | 33 | 0 |
| 31 Mar 20 | 454 | 362 | 34 | 0 |
| 31 Dec 19 | 454 | 363 | 33 | 0 |
| 30 Sep 19 | 448 | 332 | 31 | 0 |
| 30 Jun 19 | 433 | 332 | 26 | 0 |
| 31 Mar 19 | 416 | 330 | 27 | 0 |
| 31 Dec 18 | 397 | 329 | 29 | 0 |
| 30 Sep 18 | 375 | 430 | 29 | 0 |
| 30 Jun 18 | 368 | 429 | 34 | 0 |
| 31 Mar 18 | 359 | 427 | 32 | 0 |
| 31 Dec 17 | 354 | 427 | 29 | 0 |
| 30 Sep 17 | 350 | 342 | 27 | 0 |
| 30 Jun 17 | 344 | 333 | 26 | 0 |
| 31 Mar 17 | 337 | 331 | 25 | 0 |
| 31 Dec 16 | 329 | 326 | 25 | 0 |
| 30 Sep 16 | 324 | 259 | 24 | 0 |
| 30 Jun 16 | 324 | 262 | 23 | 0 |
| 31 Mar 16 | 322 | 261 | 23 | 0 |
| 31 Dec 15 | 317 | 260 | 22 | 0 |
| 30 Sep 15 | 308 | 282 | 22 | 0 |
| 30 Jun 15 | 292 | 273 | 22 | 0 |
| 31 Mar 15 | 286 | 279 | 22 | 0 |
| 31 Dec 14 | 276 | 275 | 22 | 0 |
| 30 Sep 14 | 274 | 156 | 24 | 0 |
| 30 Jun 14 | 269 | 152 | 25 | 0 |
| 31 Mar 14 | 266 | 149 | 25 | 0 |
| 31 Dec 13 | 266 | 151 | 24 | 0 |
| 30 Sep 13 | 255 | 271 | 34 | 0 |
| 30 Jun 13 | 251 | 269 | 35 | 0 |
Quality Earnings: COMD.N0000 has a large one-off gain of LKR115.7M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: COMD.N0000's current net profit margins (42.8%) are higher than last year (35.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: COMD.N0000's earnings have declined by 5% per year over the past 5 years.
Accelerating Growth: COMD.N0000's earnings growth over the past year (31.1%) exceeds its 5-year average (-5% per year).
Earnings vs Industry: COMD.N0000 earnings growth over the past year (31.1%) exceeded the Real Estate industry -19%.
Return on Equity
High ROE: COMD.N0000's Return on Equity (8.1%) is considered low.