Sharqiyah Desalination Company SAOG Past Earnings Performance
Past criteria checks 1/6
Sharqiyah Desalination Company SAOG's earnings have been declining at an average annual rate of -19.4%, while the Water Utilities industry saw earnings growing at 4% annually. Revenues have been declining at an average rate of 1.9% per year. Sharqiyah Desalination Company SAOG's return on equity is 3.8%, and it has net margins of 4.8%.
Key information
-19.4%
Earnings growth rate
-19.8%
EPS growth rate
| Water Utilities Industry Growth | 4.8% |
| Revenue growth rate | -1.9% |
| Return on equity | 3.8% |
| Net Margin | 4.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Sharqiyah Desalination Company SAOG 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 | 13 | 1 | 1 | 0 |
| 31 Dec 23 | 13 | 1 | 1 | 0 |
| 30 Sep 23 | 13 | 1 | 1 | 0 |
| 30 Jun 23 | 13 | 1 | 1 | 0 |
| 31 Mar 23 | 13 | 1 | 1 | 0 |
| 31 Dec 22 | 14 | 1 | 1 | 0 |
| 30 Sep 22 | 14 | 1 | 1 | 0 |
| 30 Jun 22 | 14 | 1 | 1 | 0 |
| 31 Mar 22 | 14 | 1 | 1 | 0 |
| 31 Dec 21 | 14 | 1 | 1 | 0 |
| 30 Sep 21 | 14 | 1 | 1 | 0 |
| 30 Jun 21 | 14 | 1 | 1 | 0 |
| 31 Mar 21 | 13 | 1 | 1 | 0 |
| 31 Dec 20 | 13 | 1 | 1 | 0 |
| 30 Sep 20 | 14 | 2 | 1 | 0 |
| 30 Jun 20 | 14 | 2 | 1 | 0 |
| 31 Mar 20 | 14 | 2 | 1 | 0 |
| 31 Dec 19 | 14 | 2 | 1 | 0 |
| 30 Sep 19 | 14 | 2 | 1 | 0 |
| 30 Jun 19 | 15 | 1 | 1 | 0 |
| 31 Mar 19 | 15 | 1 | 1 | 0 |
| 31 Dec 18 | 15 | 1 | 1 | 0 |
| 30 Sep 18 | 15 | 1 | 1 | 0 |
| 30 Jun 18 | 14 | 0 | 1 | 0 |
| 31 Mar 18 | 14 | 0 | 1 | 0 |
| 31 Dec 17 | 14 | 0 | 1 | 0 |
| 30 Sep 17 | 13 | 0 | 1 | 0 |
| 30 Jun 17 | 12 | 0 | 1 | 0 |
| 31 Mar 17 | 11 | 0 | 1 | 0 |
| 31 Dec 16 | 10 | 1 | 1 | 0 |
| 30 Sep 16 | 10 | 1 | 0 | 0 |
| 30 Jun 16 | 10 | 1 | 0 | 0 |
| 31 Mar 16 | 10 | 2 | 0 | 0 |
| 31 Dec 15 | 10 | 2 | 1 | 0 |
| 30 Sep 15 | 10 | 2 | 1 | 0 |
| 30 Jun 15 | 10 | 2 | 0 | 0 |
| 31 Mar 15 | 10 | 2 | 0 | 0 |
| 31 Dec 14 | 10 | 2 | 0 | 0 |
| 30 Sep 14 | 10 | 2 | 0 | 0 |
| 30 Jun 14 | 10 | 2 | 0 | 0 |
| 31 Mar 14 | 10 | 2 | 0 | 0 |
| 31 Dec 13 | 10 | 2 | 0 | 0 |
| 30 Sep 13 | 10 | 3 | 0 | 0 |
| 30 Jun 13 | 10 | 3 | 0 | 0 |
Quality Earnings: SHRQ has high quality earnings.
Growing Profit Margin: SHRQ's current net profit margins (4.8%) are lower than last year (6.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SHRQ's earnings have declined by 19.4% per year over the past 5 years.
Accelerating Growth: SHRQ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SHRQ had negative earnings growth (-31.9%) over the past year, making it difficult to compare to the Water Utilities industry average (-6.3%).
Return on Equity
High ROE: SHRQ's Return on Equity (3.8%) is considered low.