Biafo Industries Past Earnings Performance
Past criteria checks 6/6
Biafo Industries has been growing earnings at an average annual rate of 12.1%, while the Chemicals industry saw earnings growing at 18% annually. Revenues have been growing at an average rate of 13.9% per year. Biafo Industries's return on equity is 22.7%, and it has net margins of 24%.
Key information
12.1%
Earnings growth rate
12.1%
EPS growth rate
| Chemicals Industry Growth | 19.3% |
| Revenue growth rate | 13.9% |
| Return on equity | 22.7% |
| Net Margin | 24.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Biafo Industries 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 | 2,933 | 703 | 487 | 0 |
| 30 Sep 23 | 3,067 | 765 | 412 | 0 |
| 30 Jun 23 | 2,713 | 608 | 382 | 0 |
| 31 Mar 23 | 2,178 | 419 | 294 | 0 |
| 31 Dec 22 | 1,970 | 309 | 278 | 0 |
| 30 Sep 22 | 1,839 | 262 | 248 | 0 |
| 30 Jun 22 | 1,668 | 248 | 243 | 0 |
| 31 Mar 22 | 1,613 | 263 | 223 | 0 |
| 31 Dec 21 | 1,593 | 272 | 225 | 0 |
| 30 Sep 21 | 1,569 | 269 | 217 | 0 |
| 30 Jun 21 | 1,473 | 254 | 202 | 0 |
| 31 Mar 21 | 1,535 | 256 | 227 | 0 |
| 31 Dec 20 | 1,429 | 197 | 228 | 0 |
| 30 Sep 20 | 1,481 | 214 | 240 | 0 |
| 30 Jun 20 | 1,587 | 246 | 244 | 0 |
| 31 Mar 20 | 1,578 | 313 | 215 | 0 |
| 31 Dec 19 | 1,587 | 358 | 203 | 0 |
| 30 Sep 19 | 1,488 | 366 | 192 | 0 |
| 30 Jun 19 | 1,410 | 360 | 188 | 0 |
| 31 Mar 19 | 1,475 | 375 | 210 | 0 |
| 31 Dec 18 | 1,553 | 437 | 211 | 0 |
| 30 Sep 18 | 1,706 | 533 | 216 | 0 |
| 30 Jun 18 | 1,689 | 533 | 209 | 0 |
| 31 Mar 18 | 1,635 | 548 | 186 | 0 |
| 31 Dec 17 | 1,537 | 494 | 177 | 0 |
| 30 Sep 17 | 1,277 | 357 | 160 | 0 |
| 30 Jun 17 | 1,200 | 321 | 157 | 0 |
| 31 Mar 17 | 1,218 | 296 | 158 | 0 |
| 31 Dec 16 | 1,297 | 329 | 159 | 0 |
| 30 Sep 16 | 1,383 | 383 | 158 | 0 |
| 30 Jun 16 | 1,448 | 398 | 161 | 0 |
| 31 Mar 16 | 1,509 | 429 | 155 | 0 |
| 31 Dec 15 | 1,436 | 401 | 144 | 0 |
| 30 Sep 15 | 1,427 | 392 | 137 | 0 |
| 30 Jun 15 | 1,402 | 393 | 126 | 0 |
| 31 Mar 15 | 1,339 | 372 | 124 | 0 |
| 31 Dec 14 | 1,346 | 365 | 124 | 0 |
| 30 Sep 14 | 1,337 | 355 | 124 | 0 |
| 30 Jun 14 | 1,265 | 319 | 118 | 0 |
| 31 Mar 14 | 1,213 | 300 | 115 | 0 |
| 31 Dec 13 | 1,198 | 281 | 105 | 0 |
| 30 Sep 13 | 1,219 | 272 | 96 | 0 |
| 30 Jun 13 | 1,285 | 286 | 96 | 0 |
Quality Earnings: BIFO has high quality earnings.
Growing Profit Margin: BIFO's current net profit margins (24%) are higher than last year (15.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BIFO's earnings have grown by 12.1% per year over the past 5 years.
Accelerating Growth: BIFO's earnings growth over the past year (127.6%) exceeds its 5-year average (12.1% per year).
Earnings vs Industry: BIFO earnings growth over the past year (127.6%) exceeded the Chemicals industry 36.4%.
Return on Equity
High ROE: BIFO's Return on Equity (22.7%) is considered high.