Tex Cycle Technology (M) Berhad Past Earnings Performance
Past criteria checks 4/6
Tex Cycle Technology (M) Berhad has been growing earnings at an average annual rate of 29.4%, while the Commercial Services industry saw earnings growing at 13.4% annually. Revenues have been growing at an average rate of 3.2% per year. Tex Cycle Technology (M) Berhad's return on equity is 13.8%, and it has net margins of 59.9%.
Key information
29.4%
Earnings growth rate
29.4%
EPS growth rate
| Commercial Services Industry Growth | 12.2% |
| Revenue growth rate | 3.2% |
| Return on equity | 13.8% |
| Net Margin | 59.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Even With A 30% Surge, Cautious Investors Are Not Rewarding Tex Cycle Technology (M) Berhad's (KLSE:TEXCYCL) Performance Completely
May 30
Here's Why Tex Cycle Technology (M) Berhad (KLSE:TEXCYCL) Can Manage Its Debt Responsibly
Apr 22The Market Lifts Tex Cycle Technology (M) Berhad (KLSE:TEXCYCL) Shares 26% But It Can Do More
Mar 25We Ran A Stock Scan For Earnings Growth And Tex Cycle Technology (M) Berhad (KLSE:TEXCYCL) Passed With Ease
Mar 14Tex Cycle Technology (M) Berhad's (KLSE:TEXCYCL) Solid Profits Have Weak Fundamentals
Apr 25Is Tex Cycle Technology (M) Berhad (KLSE:TEXCYCL) Using Too Much Debt?
Mar 17The Returns On Capital At Tex Cycle Technology (M) Berhad (KLSE:TEXCYCL) Don't Inspire Confidence
Jan 11Tex Cycle Technology (M) Berhad (KLSE:TEXCYCL) Will Want To Turn Around Its Return Trends
Dec 23Does Tex Cycle Technology (M) Berhad (KLSE:TEXCYCL) Have A Healthy Balance Sheet?
Aug 17Tex Cycle Technology (M) Berhad's (KLSE:TEXCYCL) Returns On Capital Not Reflecting Well On The Business
Jun 08These 4 Measures Indicate That Tex Cycle Technology (M) Berhad (KLSE:TEXCYCL) Is Using Debt Reasonably Well
May 13Should You Be Impressed By Tex Cycle Technology (M) Berhad's (KLSE:TEXCYCL) Returns on Capital?
Mar 10Here's Why Tex Cycle Technology (M) Berhad (KLSE:TEXCYCL) Can Manage Its Debt Responsibly
Feb 09
Tex Cycle Technology (M) Berhad's (KLSE:TEXCYCL) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Jan 13Has Tex Cycle Technology (M) Berhad (KLSE:TEXCYCL) Got What It Takes To Become A Multi-Bagger?
Dec 09Revenue & Expenses Breakdown
How Tex Cycle Technology (M) 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 Mar 24 | 34 | 20 | 28 | 0 |
| 31 Dec 23 | 35 | 15 | 14 | 0 |
| 30 Sep 23 | 33 | 12 | 11 | 0 |
| 30 Jun 23 | 34 | 13 | 12 | 0 |
| 31 Mar 23 | 33 | 10 | 12 | 0 |
| 31 Dec 22 | 33 | 9 | 14 | 0 |
| 30 Sep 22 | 33 | 7 | 13 | 0 |
| 30 Jun 22 | 30 | 6 | 12 | 0 |
| 31 Mar 22 | 28 | 5 | 12 | 0 |
| 31 Dec 21 | 29 | 6 | 11 | 0 |
| 30 Sep 21 | 27 | 6 | 10 | 0 |
| 30 Jun 21 | 27 | 6 | 10 | 0 |
| 31 Mar 21 | 26 | 6 | 10 | 0 |
| 31 Dec 20 | 24 | 3 | 11 | 0 |
| 30 Sep 20 | 24 | 1 | 11 | 0 |
| 30 Jun 20 | 25 | 2 | 12 | 0 |
| 31 Mar 20 | 28 | 3 | 12 | 0 |
| 31 Dec 19 | 31 | 5 | 14 | 0 |
| 30 Sep 19 | 31 | 6 | 13 | 0 |
| 30 Jun 19 | 33 | 7 | 13 | 0 |
| 31 Mar 19 | 34 | 7 | 13 | 0 |
| 31 Dec 18 | 37 | 8 | 12 | 0 |
| 30 Sep 18 | 39 | 10 | 15 | 0 |
| 30 Jun 18 | 38 | 12 | 14 | 0 |
| 31 Mar 18 | 38 | 12 | 12 | 0 |
| 31 Dec 17 | 36 | 13 | 10 | 0 |
| 30 Sep 17 | 36 | 19 | 7 | 0 |
| 30 Jun 17 | 36 | 16 | 7 | 0 |
| 31 Mar 17 | 34 | 16 | 7 | 0 |
| 31 Dec 16 | 32 | 15 | 7 | 0 |
| 30 Sep 16 | 30 | 7 | 5 | 0 |
| 30 Jun 16 | 27 | 6 | 5 | 0 |
| 31 Mar 16 | 27 | 8 | 6 | 0 |
| 31 Dec 15 | 26 | 7 | 6 | 0 |
| 30 Sep 15 | 25 | 6 | 8 | 0 |
| 30 Jun 15 | 24 | 5 | 8 | 0 |
| 31 Mar 15 | 22 | 3 | 8 | 0 |
| 31 Dec 14 | 22 | 3 | 8 | 0 |
| 30 Sep 14 | 20 | 10 | 6 | 0 |
| 30 Jun 14 | 19 | 10 | 5 | 0 |
| 31 Mar 14 | 17 | 9 | 5 | 0 |
| 31 Dec 13 | 15 | 9 | 5 | 0 |
| 30 Sep 13 | 15 | 3 | 5 | 0 |
| 30 Jun 13 | 15 | 3 | 6 | 0 |
Quality Earnings: TEXCYCL has a high level of non-cash earnings.
Growing Profit Margin: TEXCYCL's current net profit margins (59.9%) are higher than last year (30.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TEXCYCL's earnings have grown significantly by 29.4% per year over the past 5 years.
Accelerating Growth: TEXCYCL's earnings growth over the past year (101.4%) exceeds its 5-year average (29.4% per year).
Earnings vs Industry: TEXCYCL earnings growth over the past year (101.4%) exceeded the Commercial Services industry -3.8%.
Return on Equity
High ROE: TEXCYCL's Return on Equity (13.8%) is considered low.