Reservoir Link Energy Bhd Past Earnings Performance
Past criteria checks 1/6
Reservoir Link Energy Bhd's earnings have been declining at an average annual rate of -20%, while the Energy Services industry saw earnings growing at 6.1% annually. Revenues have been growing at an average rate of 23.4% per year. Reservoir Link Energy Bhd's return on equity is 6.7%, and it has net margins of 1.8%.
Key information
-20.0%
Earnings growth rate
-119.4%
EPS growth rate
| Energy Services Industry Growth | 12.7% |
| Revenue growth rate | 23.4% |
| Return on equity | 6.7% |
| Net Margin | 1.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Reservoir Link Energy Bhd 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 Dec 23 | 197 | 3 | 21 | 0 |
| 30 Sep 23 | 185 | 7 | 19 | 0 |
| 30 Jun 23 | 159 | 6 | 18 | 0 |
| 31 Dec 22 | 97 | -3 | 15 | 0 |
| 30 Sep 22 | 99 | -5 | 16 | 0 |
| 30 Jun 22 | 96 | 0 | 16 | 0 |
| 31 Mar 22 | 107 | 8 | 15 | 0 |
| 31 Dec 21 | 112 | 11 | 13 | 0 |
| 30 Sep 21 | 101 | 17 | 12 | 0 |
| 30 Jun 21 | 89 | 12 | 13 | 0 |
| 31 Mar 21 | 77 | 9 | 12 | 0 |
| 31 Dec 20 | 88 | 12 | 13 | 0 |
| 31 Dec 19 | 80 | 10 | 9 | 0 |
| 31 Dec 18 | 45 | 4 | 6 | 0 |
| 31 Dec 17 | 21 | 0 | 7 | 0 |
| 31 Dec 16 | 10 | -4 | 4 | 0 |
Quality Earnings: RL has a large one-off gain of MYR2.2M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: RL became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RL's earnings have declined by 20% per year over the past 5 years.
Accelerating Growth: RL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (80.7%).
Return on Equity
High ROE: RL's Return on Equity (6.7%) is considered low.