RL Commercial REIT Past Earnings Performance
Past criteria checks 1/6
RL Commercial REIT's earnings have been declining at an average annual rate of -4.8%, while the Office REITs industry saw earnings growing at 4.3% annually. Revenues have been growing at an average rate of 54.1% per year. RL Commercial REIT's return on equity is 18%, and it has net margins of 253.8%.
Key information
-4.8%
Earnings growth rate
-11.6%
EPS growth rate
| Office REITs Industry Growth | 5.1% |
| Revenue growth rate | 54.1% |
| Return on equity | 18.0% |
| Net Margin | 253.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How RL Commercial REIT 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 | 4,517 | 11,463 | 386 | 0 |
| 30 Sep 23 | 4,503 | -5,458 | 386 | 0 |
| 30 Jun 23 | 4,571 | -5,379 | 401 | 0 |
| 31 Mar 23 | 4,472 | -5,473 | 387 | 0 |
| 31 Dec 22 | 4,363 | -5,569 | 373 | 0 |
| 30 Sep 22 | 4,251 | 4,171 | 374 | 0 |
| 30 Jun 22 | 3,678 | 3,714 | 255 | 0 |
| 31 Mar 22 | 2,641 | 2,691 | 190 | 0 |
| 31 Dec 21 | 1,623 | 1,679 | 128 | 0 |
| 30 Sep 21 | 587 | 634 | 32 | 0 |
| 31 Dec 20 | 0 | 0 | 0 | 0 |
| 31 Dec 19 | 0 | 0 | 0 | 0 |
Quality Earnings: RCR has a large one-off gain of ₱7.1B impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: RCR became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RCR's earnings have declined by 4.8% per year over the past 5 years.
Accelerating Growth: RCR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RCR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Office REITs industry (-1.6%).
Return on Equity
High ROE: RCR's Return on Equity (18%) is considered low.