Ray Go Solar Holdings Berhad Past Earnings Performance
Past criteria checks 0/6
Ray Go Solar Holdings Berhad's earnings have been declining at an average annual rate of -65.1%, while the Electrical industry saw earnings growing at 20.4% annually. Revenues have been growing at an average rate of 0.9% per year.
Key information
-65.1%
Earnings growth rate
-92.9%
EPS growth rate
| Electrical Industry Growth | 14.8% |
| Revenue growth rate | 0.9% |
| Return on equity | -0.8% |
| Net Margin | -0.4% |
| Last Earnings Update | 31 Oct 2023 |
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 |
|---|---|---|---|---|
| 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 is currently unprofitable.
Growing Profit Margin: RGS is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RGS is unprofitable, and losses have increased over the past 5 years at a rate of 65.1% per year.
Accelerating Growth: Unable to compare RGS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RGS is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (12.1%).
Return on Equity
High ROE: RGS has a negative Return on Equity (-0.81%), as it is currently unprofitable.