Saudi Cable Past Earnings Performance
Past criteria checks 2/6
Saudi Cable's earnings have been declining at an average annual rate of -14.8%, while the Electrical industry saw earnings growing at 14.7% annually. Revenues have been declining at an average rate of 49.9% per year.
Key information
-14.8%
Earnings growth rate
-5.3%
EPS growth rate
| Electrical Industry Growth | 17.2% |
| Revenue growth rate | -49.9% |
| Return on equity | n/a |
| Net Margin | 34.8% |
| Last Earnings Update | 30 Sep 2024 |
Revenue & Expenses Breakdown
How Saudi Cable 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 |
|---|---|---|---|---|
| 30 Sep 24 | 42 | 14 | 27 | 0 |
| 30 Jun 24 | 38 | 1 | 33 | 0 |
| 31 Mar 24 | 32 | -1 | 39 | 0 |
| 31 Dec 23 | 31 | 66 | -9 | 0 |
| 30 Sep 23 | 25 | -326 | 82 | 0 |
| 30 Jun 23 | 28 | -359 | 84 | 0 |
| 31 Mar 23 | 45 | -382 | 80 | 0 |
| 31 Dec 22 | 68 | -507 | 119 | 0 |
| 30 Sep 22 | 94 | -191 | 46 | 0 |
| 30 Jun 22 | 111 | -207 | 57 | 0 |
| 31 Mar 22 | 132 | -196 | 56 | 0 |
| 31 Dec 21 | 161 | -194 | 60 | 0 |
| 30 Sep 21 | 200 | -148 | 85 | 0 |
| 30 Jun 21 | 269 | -50 | 96 | 0 |
| 31 Mar 21 | 373 | -48 | 104 | 0 |
| 31 Dec 20 | 369 | -55 | 105 | 0 |
| 30 Sep 20 | 404 | 4 | 77 | 0 |
| 30 Jun 20 | 393 | -71 | 68 | 0 |
| 31 Mar 20 | 338 | -73 | 75 | 0 |
| 31 Dec 19 | 381 | -62 | 72 | 0 |
| 30 Sep 19 | 434 | -3 | 95 | 0 |
| 30 Jun 19 | 531 | 5 | 102 | 0 |
| 31 Mar 19 | 692 | -74 | 97 | 0 |
| 31 Dec 18 | 865 | -63 | 110 | 0 |
| 30 Sep 18 | 1,042 | -195 | 106 | 0 |
| 30 Jun 18 | 1,178 | -214 | 114 | 0 |
| 31 Mar 18 | 1,277 | -77 | 131 | 0 |
| 31 Dec 17 | 1,342 | -80 | 134 | 0 |
| 30 Sep 17 | 1,361 | -173 | 145 | 0 |
| 30 Jun 17 | 1,395 | -134 | 152 | 0 |
| 31 Mar 17 | 1,518 | -191 | 163 | 0 |
| 31 Dec 16 | 1,565 | -235 | 176 | 0 |
| 30 Sep 16 | 1,662 | -69 | 183 | 0 |
| 30 Jun 16 | 1,806 | -77 | 176 | 0 |
| 31 Mar 16 | 1,806 | -58 | 165 | 0 |
| 31 Dec 15 | 1,918 | 2 | 164 | 0 |
| 30 Sep 15 | 1,894 | -70 | 165 | 0 |
| 30 Jun 15 | 1,797 | -117 | 185 | 0 |
| 31 Mar 15 | 1,764 | -168 | 198 | 0 |
| 31 Dec 14 | 1,716 | -202 | 202 | 0 |
| 30 Sep 14 | 1,881 | -216 | 194 | 0 |
| 30 Jun 14 | 2,103 | -174 | 191 | 0 |
| 31 Mar 14 | 2,259 | -255 | 278 | 0 |
| 31 Dec 13 | 2,478 | -229 | 276 | 0 |
Quality Earnings: 2110 has a large one-off loss of SAR16.6M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 2110 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2110 has become profitable over the past 5 years, growing earnings by -14.8% per year.
Accelerating Growth: 2110 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 2110 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electrical industry (11%).
Return on Equity
High ROE: 2110's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.