Happy World Property Past Earnings Performance
Past criteria checks 0/6
Happy World Property's earnings have been declining at an average annual rate of -33.8%, while the Real Estate industry saw earnings growing at 20.3% annually. Revenues have been growing at an average rate of 38.7% per year. Happy World Property's return on equity is 2.6%, and it has net margins of 11.5%.
Key information
-33.8%
Earnings growth rate
-29.5%
EPS growth rate
| Real Estate Industry Growth | 18.3% |
| Revenue growth rate | 38.7% |
| Return on equity | 2.6% |
| Net Margin | 11.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Happy World Property 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 | 104 | 12 | 7 | 0 |
| 30 Sep 23 | 101 | 11 | 5 | 0 |
| 30 Jun 23 | 100 | 15 | 0 | 0 |
| 31 Mar 23 | 98 | 28 | 71 | 0 |
| 31 Dec 22 | 90 | 28 | 62 | 0 |
| 30 Sep 22 | 76 | 31 | 48 | 0 |
| 30 Jun 22 | 61 | 31 | 36 | 0 |
| 31 Mar 22 | 50 | 18 | 30 | 0 |
| 31 Dec 21 | 44 | 23 | 23 | 0 |
| 30 Sep 21 | 44 | 24 | 22 | 0 |
| 30 Jun 21 | 43 | 23 | 22 | 0 |
| 31 Mar 21 | 44 | 58 | 23 | 0 |
| 30 Jun 20 | 51 | 45 | 32 | 0 |
Quality Earnings: HPL.I0000 has a large one-off gain of MUR12.4M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: HPL.I0000's current net profit margins (11.5%) are lower than last year (31.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HPL.I0000's earnings have declined by 33.8% per year over the past 5 years.
Accelerating Growth: HPL.I0000's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HPL.I0000 had negative earnings growth (-57.7%) over the past year, making it difficult to compare to the Real Estate industry average (-44%).
Return on Equity
High ROE: HPL.I0000's Return on Equity (2.6%) is considered low.