Ocean Fresh Berhad Past Earnings Performance
Past criteria checks 2/6
Ocean Fresh Berhad has been growing earnings at an average annual rate of 15.6%, while the Food industry saw earnings growing at 19.1% annually. Revenues have been growing at an average rate of 4.2% per year. Ocean Fresh Berhad's return on equity is 6.5%, and it has net margins of 2.3%.
Key information
15.6%
Earnings growth rate
-17.5%
EPS growth rate
| Food Industry Growth | 24.5% |
| Revenue growth rate | 4.2% |
| Return on equity | 6.5% |
| Net Margin | 2.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Ocean Fresh 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 Sep 24 | 172 | 4 | 14 | 0 |
| 30 Jun 24 | 180 | 5 | 14 | 0 |
| 31 Mar 24 | 175 | 8 | 12 | 0 |
| 31 Dec 23 | 159 | 7 | 13 | 0 |
| 30 Sep 23 | 166 | 6 | 13 | 0 |
| 30 Jun 23 | 173 | 5 | 14 | 0 |
| 31 Mar 23 | 164 | 5 | 12 | 0 |
| 31 Dec 22 | 156 | 6 | 11 | 0 |
| 31 Dec 21 | 158 | 4 | 12 | 0 |
| 31 Dec 20 | 94 | 2 | 7 | 0 |
Quality Earnings: OFB has high quality earnings.
Growing Profit Margin: OFB's current net profit margins (2.3%) are lower than last year (3.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OFB's earnings have grown by 15.6% per year over the past 5 years.
Accelerating Growth: OFB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: OFB had negative earnings growth (-36.2%) over the past year, making it difficult to compare to the Food industry average (36.5%).
Return on Equity
High ROE: OFB's Return on Equity (6.5%) 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 | 2024/12/17 05:28 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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
Ocean Fresh Berhad is covered by 1 analysts. 1 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 |
|---|---|
| Queenie Tan | RHB Investment Bank |