White Horse Berhad Past Earnings Performance
Past criteria checks 3/6
White Horse Berhad has been growing earnings at an average annual rate of 38%, while the Building industry saw earnings growing at 32.8% annually. Revenues have been declining at an average rate of 4.6% per year. White Horse Berhad's return on equity is 1.5%, and it has net margins of 2%.
Key information
38.0%
Earnings growth rate
37.4%
EPS growth rate
| Building Industry Growth | 30.4% |
| Revenue growth rate | -4.6% |
| Return on equity | 1.5% |
| Net Margin | 2.0% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
White Horse Berhad (KLSE:WTHORSE) Looks Inexpensive But Perhaps Not Attractive Enough
Mar 01
We Think That There Are Some Issues For White Horse Berhad (KLSE:WTHORSE) Beyond Its Promising Earnings
Aug 30Is White Horse Berhad (KLSE:WTHORSE) A Risky Investment?
Mar 09Health Check: How Prudently Does White Horse Berhad (KLSE:WTHORSE) Use Debt?
Oct 26Is White Horse Berhad (KLSE:WTHORSE) A Risky Investment?
May 18Is White Horse Berhad (KLSE:WTHORSE) Using Too Much Debt?
Jan 22
Revenue & Expenses Breakdown
How White Horse 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 Jun 24 | 449 | 9 | 81 | 0 |
| 31 Mar 24 | 445 | -1 | 81 | 0 |
| 31 Dec 23 | 422 | -17 | 81 | 0 |
| 30 Sep 23 | 409 | -35 | 83 | 0 |
| 30 Jun 23 | 387 | -37 | 84 | 0 |
| 31 Mar 23 | 393 | -27 | 86 | 0 |
| 31 Dec 22 | 414 | 1 | 87 | 0 |
| 30 Sep 22 | 450 | 58 | 92 | 0 |
| 30 Jun 22 | 415 | 46 | 91 | 0 |
| 31 Mar 22 | 387 | 31 | 96 | 0 |
| 31 Dec 21 | 400 | 17 | 100 | 0 |
| 30 Sep 21 | 391 | -47 | 108 | 0 |
| 30 Jun 21 | 453 | -34 | 105 | 0 |
| 31 Mar 21 | 433 | -40 | 100 | 0 |
| 31 Dec 20 | 410 | -55 | 107 | 0 |
| 30 Sep 20 | 410 | -79 | 116 | 0 |
| 30 Jun 20 | 423 | -88 | 123 | 0 |
| 31 Mar 20 | 496 | -78 | 131 | 0 |
| 31 Dec 19 | 527 | -64 | 122 | 0 |
| 30 Sep 19 | 539 | -52 | 120 | 0 |
| 30 Jun 19 | 577 | -44 | 127 | 0 |
| 31 Mar 19 | 594 | -35 | 131 | 0 |
| 31 Dec 18 | 613 | -25 | 125 | 0 |
| 30 Sep 18 | 626 | -21 | 117 | 0 |
| 30 Jun 18 | 629 | -10 | 116 | 0 |
| 31 Mar 18 | 643 | 5 | 109 | 0 |
| 31 Dec 17 | 640 | 5 | 118 | 0 |
| 30 Sep 17 | 648 | 24 | 133 | 0 |
| 30 Jun 17 | 642 | 20 | 140 | 0 |
| 31 Mar 17 | 668 | 13 | 148 | 0 |
| 31 Dec 16 | 695 | 26 | 142 | 0 |
| 30 Sep 16 | 707 | 45 | 111 | 0 |
| 30 Jun 16 | 720 | 22 | 146 | 0 |
| 31 Mar 16 | 719 | 34 | 148 | 0 |
| 31 Dec 15 | 753 | 34 | 161 | 0 |
| 30 Sep 15 | 783 | 26 | 183 | 0 |
| 30 Jun 15 | 796 | 63 | 142 | 0 |
| 31 Mar 15 | 799 | 61 | 136 | 0 |
| 31 Dec 14 | 765 | 59 | 132 | 0 |
| 30 Sep 14 | 739 | 54 | 124 | 0 |
| 30 Jun 14 | 696 | 50 | 121 | 0 |
| 31 Mar 14 | 672 | 51 | 118 | 0 |
| 31 Dec 13 | 647 | 48 | 114 | 0 |
Quality Earnings: WTHORSE has high quality earnings.
Growing Profit Margin: WTHORSE became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WTHORSE has become profitable over the past 5 years, growing earnings by 38% per year.
Accelerating Growth: WTHORSE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: WTHORSE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Building industry (-19.1%).
Return on Equity
High ROE: WTHORSE's Return on Equity (1.5%) is considered low.