New Zealand Rural Land Past Earnings Performance
Past criteria checks 0/6
New Zealand Rural Land's earnings have been declining at an average annual rate of -74%, while the Specialized REITs industry saw earnings growing at 19.9% annually. Revenues have been growing at an average rate of 47.6% per year. New Zealand Rural Land's return on equity is 4.9%, and it has net margins of 70.7%.
Key information
-74.0%
Earnings growth rate
-79.5%
EPS growth rate
| Specialized REITs Industry Growth | 20.0% |
| Revenue growth rate | 47.6% |
| Return on equity | 4.9% |
| Net Margin | 70.7% |
| Next Earnings Update | 24 Aug 2024 |
Revenue & Expenses BreakdownBeta
How New Zealand Rural Land 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 | 15 | 11 | 2 | 0 |
| 30 Jun 23 | 13 | -23 | -2 | 0 |
| 31 Mar 23 | 12 | -6 | 0 | 0 |
| 31 Dec 22 | 10 | 42 | 5 | 0 |
| 30 Jun 22 | 8 | 40 | 5 | 0 |
| 31 Dec 21 | 4 | 22 | 3 | 0 |
| 30 Jun 21 | 1 | 18 | 3 | 0 |
Quality Earnings: NZL has a large one-off gain of NZ$7.4M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: NZL's current net profit margins (70.7%) are lower than last year .
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if NZL's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: NZL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NZL had negative earnings growth (-74%) over the past year, making it difficult to compare to the Specialized REITs industry average (-74%).
Return on Equity
High ROE: NZL's Return on Equity (4.9%) is considered low.