Horizon Food Past Earnings Performance
Past criteria checks 0/6
Horizon Food's earnings have been declining at an average annual rate of -12.6%, while the Food industry saw earnings growing at 17.4% annually. Revenues have been growing at an average rate of 24% per year. Horizon Food's return on equity is 9.6%, and it has net margins of 13.3%.
Key information
-12.6%
Earnings growth rate
-12.6%
EPS growth rate
| Food Industry Growth | 11.7% |
| Revenue growth rate | 24.0% |
| Return on equity | 9.6% |
| Net Margin | 13.3% |
| Last Earnings Update | 31 Dec 2022 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Horizon Food 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 22 | 67 | 9 | 10 | 0 |
| 30 Sep 22 | 67 | 10 | 9 | 0 |
| 30 Jun 22 | 67 | 12 | 6 | 0 |
| 31 Mar 22 | 61 | 11 | 6 | 0 |
| 31 Dec 21 | 54 | 10 | 6 | 0 |
| 31 Dec 20 | 27 | 3 | 4 | 0 |
Quality Earnings: 9564 has a high level of non-cash earnings.
Growing Profit Margin: 9564's current net profit margins (13.3%) are lower than last year (18.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if 9564's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: 9564's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 9564 had negative earnings growth (-12.6%) over the past year, making it difficult to compare to the Food industry average (20.3%).
Return on Equity
High ROE: 9564's Return on Equity (9.6%) is considered low.