Aisha Steel Mills Past Earnings Performance

Past criteria checks 0/6

Aisha Steel Mills's earnings have been declining at an average annual rate of -23.4%, while the Metals and Mining industry saw earnings growing at 21.7% annually. Revenues have been growing at an average rate of 10.2% per year.

Key information

-23.4%

Earnings growth rate

-19.9%

EPS growth rate

Metals and Mining Industry Growth	10.5%
Revenue growth rate	10.2%
Return on equity	-5.3%
Net Margin	-2.5%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
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How Aisha Steel Mills makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

KASE:ASL Revenue, expenses and earnings (PKR Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	37,133	-932	829
31 Dec 23	38,062	-1,071	700
30 Sep 23	35,159	-1,855	555
30 Jun 23	31,102	-3,301	505
31 Mar 23	41,119	-1,566	593
31 Dec 22	48,936	-1,456	588
30 Sep 22	53,366	-1,055	661
30 Jun 22	64,830	1,094	771
31 Mar 22	63,479	2,064	739
31 Dec 21	61,280	4,234	794
30 Sep 21	61,918	6,380	703
30 Jun 21	55,116	6,302	560
31 Mar 21	45,955	4,586	436
31 Dec 20	37,643	2,182	335
30 Sep 20	34,823	203	320
30 Jun 20	29,777	-679	327
31 Mar 20	31,264	-125	312
31 Dec 19	30,181	-67	296
30 Sep 19	23,300	-134	270
30 Jun 19	20,231	198	247
31 Mar 19	18,094	-24	245
31 Dec 18	16,994	384	233
30 Sep 18	17,756	1,039	210
30 Jun 18	18,904	1,229	192
31 Mar 18	17,653	1,099	195
31 Dec 17	17,192	1,205	191
30 Sep 17	15,767	1,155	194
30 Jun 17	14,076	886	187
31 Mar 17	12,833	1,131	182
31 Dec 16	11,390	743	167
30 Sep 16	10,306	55	154
30 Jun 16	9,634	-388	154
31 Mar 16	10,398	-950	147
31 Dec 15	10,118	-1,315	147
30 Sep 15	9,184	-1,452	144
30 Jun 15	9,492	-1,348	144
31 Mar 15	9,053	-696	146
31 Dec 14	8,895	-470	142
30 Sep 14	9,358	-358	165
30 Jun 14	9,259	-438	159
31 Mar 14	8,800	-1,108	166
31 Dec 13	8,018	-1,192	169
30 Sep 13	6,425	-1,176	155
30 Jun 13	4,342	-845	166

Quality Earnings: ASL is currently unprofitable.

Growing Profit Margin: ASL is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ASL is unprofitable, and losses have increased over the past 5 years at a rate of 23.4% per year.

Accelerating Growth: Unable to compare ASL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ASL is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-1.7%).

Return on Equity

High ROE: ASL has a negative Return on Equity (-5.32%), as it is currently unprofitable.

Aisha Steel Mills Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Third quarter 2024 earnings released: EPS: PK₨0.07 (vs PK₨0.08 loss in 3Q 2023)

Second quarter 2024 earnings released: EPS: PK₨0.07 (vs PK₨0.72 loss in 2Q 2023)

First quarter 2024 earnings released: EPS: PK₨0.01 (vs PK₨1.55 loss in 1Q 2023)

Full year 2023 earnings released: PK₨3.56 loss per share (vs PK₨1.27 profit in FY 2022)

Second quarter 2023 earnings released: PK₨0.72 loss per share (vs PK₨0.36 loss in 2Q 2022)

First quarter 2023 earnings released: PK₨1.55 loss per share (vs PK₨0.94 profit in 1Q 2022)

Recent updates

Third quarter 2024 earnings released: EPS: PK₨0.07 (vs PK₨0.08 loss in 3Q 2023)

Second quarter 2024 earnings released: EPS: PK₨0.07 (vs PK₨0.72 loss in 2Q 2023)

Aisha Steel Mills Limited Announces Executive Changes

First quarter 2024 earnings released: EPS: PK₨0.01 (vs PK₨1.55 loss in 1Q 2023)

Full year 2023 earnings released: PK₨3.56 loss per share (vs PK₨1.27 profit in FY 2022)

New minor risk - Share price stability

Now 20% undervalued after recent price drop

Muhammad Javaid Iqbal Resigns from Aisha Steel Mills Limited as Director

Second quarter 2023 earnings released: PK₨0.72 loss per share (vs PK₨0.36 loss in 2Q 2022)

Price target decreased to PK₨15.50

Less than half of directors are independent

Price target decreased to PK₨17.00

First quarter 2023 earnings released: PK₨1.55 loss per share (vs PK₨0.94 profit in 1Q 2022)

Full year 2022 earnings released: EPS: PK₨1.27 (vs PK₨8.19 in FY 2021)

Price target decreased to PK₨20.67

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Third quarter 2022 earnings released: EPS: PK₨0.05 (vs PK₨2.90 in 3Q 2021)

Price target decreased to PK₨25.50

Less than half of directors are independent

Second quarter 2022 earnings: Revenues miss analyst expectations

Price target decreased to PK₨26.63

Price target increased to PK₨32.45

Full year 2021 earnings released: EPS PK₨8.19 (vs PK₨0.89 loss in FY 2020)

Price target increased to PK₨31.36

Third quarter 2021 earnings released: EPS PK₨2.90 (vs PK₨0.22 loss in 3Q 2020)

Revenue and earnings miss expectations

Second quarter 2021 earnings released: EPS PK₨2.39 (vs PK₨0.16 loss in 2Q 2020)

Revenue and earnings miss expectations

Second quarter 2021 earnings released: EPS PK₨2.39 (vs PK₨0.16 loss in 2Q 2020)

New 90-day high: PK₨26.20

New 90-day high: PK₨23.73

New 90-day high: PK₨21.35

New 90-day high: PK₨17.04

New 90-day high: PK₨16.70

Full year earnings released - PK₨0.89 loss per share

Annual earnings released: Revenue misses expectations

Full year earnings released - PK₨0.89 loss per share

New 90-day high: PK₨15.49

Price target raised to PK₨10.80

New 90-day high - PK₨14.40

New 90-day high - PK₨13.09

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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Revenue & Expenses Breakdown
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