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 -29.2%, while the Electrical industry saw earnings growing at 17.3% annually. Revenues have been growing at an average rate of 13.1% per year. Ray Go Solar Holdings Berhad's return on equity is 12.1%, and it has net margins of 4.4%.

Key information

-29.2%

Earnings growth rate

-75.5%

EPS growth rate

Electrical Industry Growth	14.8%
Revenue growth rate	13.1%
Return on equity	12.1%
Net Margin	4.4%
Last Earnings Update	31 Oct 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

KLSE:RGS Revenue, expenses and earnings (MYR Millions)
Date	Revenue	Earnings	G+A Expenses
31 Oct 24	31	1	0
31 Jul 24	29	1	0
30 Apr 24	27	0	0
31 Jan 24	24	0	0
31 Oct 23	20	0	0
31 Jul 23	17	0	0
30 Apr 23	14	-1	1
31 Jan 23	12	-1	1
31 Oct 22	9	-2	1
31 Jul 22	9	-2	1
31 Oct 21	16	2	1
31 Jul 21	19	3	0
31 Oct 20	15	2	0
31 Oct 19	19	2	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 29.2% 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 (5.5%).

Return on Equity

High ROE: RGS's Return on Equity (12.1%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/28 02:09
End of Day Share Price	2024/12/13 00:00
Earnings	2024/10/31
Annual Earnings	2024/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ray Go Solar Holdings Berhad is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution