Citicore Renewable Energy Past Earnings Performance
Past criteria checks 0/6
Citicore Renewable Energy has been growing earnings at an average annual rate of 8.4%, while the Electric Utilities industry saw earnings growing at 3.4% annually. Revenues have been growing at an average rate of 32% per year. Citicore Renewable Energy's return on equity is 10.6%, and it has net margins of 18.6%.
Key information
8.4%
Earnings growth rate
8.4%
EPS growth rate
| Electric Utilities Industry Growth | 7.3% |
| Revenue growth rate | 32.0% |
| Return on equity | 10.6% |
| Net Margin | 18.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Citicore Renewable Energy 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 | 3,684 | 685 | 10 | 0 |
| 31 Dec 22 | 2,790 | 632 | 2 | 0 |
| 31 Dec 21 | 1,009 | 192 | 1 | 0 |
Quality Earnings: CREC has a high level of non-cash earnings.
Growing Profit Margin: CREC's current net profit margins (18.6%) are lower than last year (22.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if CREC's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare CREC's past year earnings growth to its 5-year average.
Earnings vs Industry: CREC earnings growth over the past year (8.4%) did not outperform the Electric Utilities industry 8.4%.
Return on Equity
High ROE: CREC's Return on Equity (10.6%) is considered low.