Ray Go Solar Holdings Berhad Past Earnings Performance
Past criteria checks 2/6
Ray Go Solar Holdings Berhad's earnings have been declining at an average annual rate of -51.7%, while the Electrical industry saw earnings growing at 17.7% annually. Revenues have been growing at an average rate of 19.5% per year. Ray Go Solar Holdings Berhad's return on equity is 4.3%, and it has net margins of 1.7%.
Key information
-51.7%
Earnings growth rate
-88.6%
EPS growth rate
| Electrical Industry Growth | 14.8% |
| Revenue growth rate | 19.5% |
| Return on equity | 4.3% |
| Net Margin | 1.7% |
| Last Earnings Update | 30 Apr 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Ray Go Solar Holdings Berhad 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 Apr 24 | 27 | 0 | 0 | 0 |
| 31 Jan 24 | 24 | 0 | 0 | 0 |
| 31 Oct 23 | 20 | 0 | 0 | 0 |
| 31 Jul 23 | 17 | 0 | 0 | 0 |
| 30 Apr 23 | 14 | -1 | 1 | 0 |
| 31 Jan 23 | 12 | -1 | 1 | 0 |
| 31 Oct 22 | 9 | -2 | 1 | 0 |
| 31 Jul 22 | 9 | -2 | 1 | 0 |
| 31 Oct 21 | 16 | 2 | 1 | 0 |
| 31 Jul 21 | 19 | 3 | 0 | 0 |
| 31 Oct 20 | 15 | 2 | 0 | 0 |
| 31 Oct 19 | 19 | 2 | 0 | 0 |
Quality Earnings: RGS has high quality earnings.
Growing Profit Margin: RGS became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RGS's earnings have declined by 51.7% per year over the past 5 years.
Accelerating Growth: RGS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RGS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electrical industry (11.5%).
Return on Equity
High ROE: RGS's Return on Equity (4.3%) is considered low.