Saudi Arabian Amiantit Past Earnings Performance
Past criteria checks 3/6
Saudi Arabian Amiantit has been growing earnings at an average annual rate of 41.6%, while the Machinery industry saw earnings growing at 11.9% annually. Revenues have been declining at an average rate of 7.4% per year. Saudi Arabian Amiantit's return on equity is 154.3%, and it has net margins of 41.3%.
Key information
41.6%
Earnings growth rate
50.6%
EPS growth rate
| Machinery Industry Growth | 11.4% |
| Revenue growth rate | -7.4% |
| Return on equity | 154.3% |
| Net Margin | 41.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Investors Holding Back On The Saudi Arabian Amiantit Company (TADAWUL:2160)
Apr 18
The Saudi Arabian Amiantit Company (TADAWUL:2160) Stock Catapults 31% Though Its Price And Business Still Lag The Industry
Jan 01The Market Doesn't Like What It Sees From The Saudi Arabian Amiantit Company's (TADAWUL:2160) Revenues Yet
Jun 09How Much Did Saudi Arabian Amiantit's(TADAWUL:2160) Shareholders Earn From Share Price Movements Over The Last Five Years?
Dec 16
Revenue & Expenses BreakdownBeta
How Saudi Arabian Amiantit 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 Mar 24 | 722 | 298 | 72 | 0 |
| 31 Dec 23 | 719 | -175 | 96 | 0 |
| 30 Sep 23 | 669 | -129 | 94 | 0 |
| 30 Jun 23 | 631 | -7 | 90 | 0 |
| 31 Mar 23 | 587 | -1 | 87 | 0 |
| 31 Dec 22 | 509 | -9 | 78 | 0 |
| 30 Sep 22 | 482 | -41 | 77 | 0 |
| 30 Jun 22 | 454 | -120 | 77 | 0 |
| 31 Mar 22 | 444 | -175 | 77 | 0 |
| 31 Dec 21 | 439 | -171 | 90 | 0 |
| 30 Sep 21 | 402 | -293 | 124 | 0 |
| 30 Jun 21 | 421 | -261 | 123 | 0 |
| 31 Mar 21 | 394 | -260 | 123 | 0 |
| 31 Dec 20 | 441 | -390 | 115 | 0 |
| 30 Sep 20 | 559 | -277 | 81 | 0 |
| 30 Jun 20 | 629 | -226 | 82 | 0 |
| 31 Mar 20 | 709 | -424 | 92 | 0 |
| 31 Dec 19 | 780 | -337 | 97 | 0 |
| 30 Sep 19 | 861 | -436 | 114 | 0 |
| 30 Jun 19 | 945 | -426 | 128 | 0 |
| 31 Mar 19 | 981 | -218 | 126 | 0 |
| 31 Dec 18 | 948 | -209 | 124 | 0 |
| 30 Sep 18 | 902 | -92 | 130 | 0 |
| 30 Jun 18 | 765 | -153 | 120 | 0 |
| 31 Mar 18 | 782 | -121 | 120 | 0 |
| 31 Dec 17 | 792 | -124 | 122 | 0 |
| 30 Sep 17 | 806 | -310 | 168 | 0 |
| 30 Jun 17 | 958 | -294 | 193 | 0 |
| 31 Mar 17 | 1,020 | -278 | 182 | 0 |
| 31 Dec 16 | 1,364 | -240 | 214 | 0 |
| 30 Sep 16 | 1,861 | -17 | 203 | 0 |
| 30 Jun 16 | 2,297 | 50 | 223 | 0 |
| 31 Mar 16 | 2,732 | 76 | 283 | 0 |
| 31 Dec 15 | 2,909 | 101 | 275 | 0 |
| 30 Sep 15 | 2,853 | 99 | 266 | 0 |
| 30 Jun 15 | 2,756 | 89 | 260 | 0 |
| 31 Mar 15 | 2,760 | 88 | 245 | 0 |
| 31 Dec 14 | 2,726 | 83 | 254 | 0 |
| 30 Sep 14 | 2,718 | 97 | 232 | 0 |
| 30 Jun 14 | 2,856 | 97 | 225 | 0 |
| 31 Mar 14 | 2,969 | 103 | 233 | 0 |
| 31 Dec 13 | 3,131 | 113 | 241 | 0 |
| 30 Sep 13 | 3,341 | 108 | 272 | 0 |
| 30 Jun 13 | 3,348 | 107 | 282 | 0 |
Quality Earnings: 2160 has high quality earnings.
Growing Profit Margin: 2160 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2160 has become profitable over the past 5 years, growing earnings by 41.6% per year.
Accelerating Growth: 2160 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 2160 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (8.3%).
Return on Equity
High ROE: Whilst 2160's Return on Equity (154.27%) is outstanding, this metric is skewed due to their high level of debt.