Panasian Power Past Earnings Performance

Past criteria checks 0/6

Panasian Power's earnings have been declining at an average annual rate of -59.5%, while the Renewable Energy industry saw earnings growing at 0.1% annually. Revenues have been growing at an average rate of 12.9% per year.

Key information

-59.5%

Earnings growth rate

-60.9%

EPS growth rate

Renewable Energy Industry Growth	-1.2%
Revenue growth rate	12.9%
Return on equity	-18.2%
Net Margin	-31.7%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Panasian Power makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

COSE:PAP.N0000 Revenue, expenses and earnings (LKR Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	1,334	-423	208
30 Sep 23	931	-598	207
30 Jun 23	949	-560	235
31 Mar 23	1,014	-479	238
31 Dec 22	958	-512	215
30 Sep 22	998	-339	194
30 Jun 22	984	-260	163
31 Mar 22	936	-212	160
31 Dec 21	989	378	140
30 Sep 21	915	314	131
30 Jun 21	846	298	134
31 Mar 21	729	236	125
31 Dec 20	633	151	108
30 Sep 20	652	207	113
30 Jun 20	616	179	102
31 Mar 20	564	139	108
31 Dec 19	581	171	118
30 Sep 19	552	170	108
30 Jun 19	652	233	103
31 Mar 19	761	332	93
31 Dec 18	761	284	84
30 Sep 18	698	246	77
30 Jun 18	591	220	73
31 Mar 18	489	139	65
31 Dec 17	374	119	58
30 Sep 17	257	24	54
30 Jun 17	212	-4	49
31 Mar 17	205	22	50
31 Dec 16	204	44	45
30 Sep 16	253	101	43
30 Jun 16	270	114	44
31 Mar 16	287	135	39
31 Dec 15	299	137	41
30 Sep 15	314	159	40
30 Jun 15	343	201	40
31 Mar 15	299	168	43
31 Dec 14	263	167	34
30 Sep 14	215	130	32
30 Jun 14	187	102	38
31 Mar 14	223	144	33
31 Dec 13	244	159	41
30 Sep 13	245	167	42
30 Jun 13	221	151	38

Quality Earnings: PAP.N0000 is currently unprofitable.

Growing Profit Margin: PAP.N0000 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: PAP.N0000 is unprofitable, and losses have increased over the past 5 years at a rate of 59.5% per year.

Accelerating Growth: Unable to compare PAP.N0000's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PAP.N0000 is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (50.6%).

Return on Equity

High ROE: PAP.N0000 has a negative Return on Equity (-18.18%), as it is currently unprofitable.

Panasian Power Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Third quarter 2024 earnings released: EPS: LK₨0.24 (vs LK₨0.054 loss in 3Q 2023)

First quarter 2024 earnings released: LK₨0.06 loss per share (vs LK₨0.06 profit in 1Q 2023)

Full year 2023 earnings released: LK₨0.77 loss per share (vs LK₨0.34 loss in FY 2022)

Third quarter 2023 earnings released: LK₨0.52 loss per share (vs LK₨0.23 profit in 3Q 2022)

Full year 2022 earnings released: LK₨0.34 loss per share (vs LK₨0.38 profit in FY 2021)

Second quarter 2022 earnings released: EPS LK₨0.08 (vs LK₨0.02 in 2Q 2021)

Recent updates

Upcoming dividend of LK₨0.20 per share

Third quarter 2024 earnings released: EPS: LK₨0.24 (vs LK₨0.054 loss in 3Q 2023)

New minor risk - Share price stability

First quarter 2024 earnings released: LK₨0.06 loss per share (vs LK₨0.06 profit in 1Q 2023)

High number of new directors

Full year 2023 earnings released: LK₨0.77 loss per share (vs LK₨0.34 loss in FY 2022)

Panasian Power PLC, Annual General Meeting, Jul 20, 2023

Third quarter 2023 earnings released: LK₨0.52 loss per share (vs LK₨0.23 profit in 3Q 2022)

Panasian Power plc Announces Retirement of Dr. Prathap Ramanujam, Non - Independent Non - Executive Director

Full year 2022 earnings released: LK₨0.34 loss per share (vs LK₨0.38 profit in FY 2021)

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Upcoming dividend of LK₨0.20 per share

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS LK₨0.08 (vs LK₨0.02 in 2Q 2021)

Full year 2021 earnings released: EPS LK₨0.38 (vs LK₨0.24 in FY 2020)

Non-Executive Director recently sold LK₨631m worth of stock

Non-Executive Director recently bought LK₨1.5m worth of stock

Non-Executive Director recently bought LK₨26m worth of stock

Non-Executive Director recently bought LK₨1.3m worth of stock

Non-Executive Director recently bought LK₨21m worth of stock

Non-Executive Director recently bought LK₨4.1m worth of stock

Non-Executive Director recently bought LK₨3.1m worth of stock

Non-Executive Director recently bought LK₨654k worth of stock

New 90-day low: LK₨3.70

Second quarter 2021 earnings released: EPS LK₨0.02

Market bids up stock over the past week

Non-Executive Director recently bought LK₨1.7m worth of stock

Market pulls back on stock over the past week

Non-Executive Director recently sold LK₨197m worth of stock

Market bids up stock over the past week

New 90-day high: LK₨4.10

Non-Executive Director recently sold LK₨44m worth of stock

New 90-day high: LK₨4.00

First quarter earnings released

New 90-day high - LK₨3.40

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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