Watani Iron Steel Past Earnings Performance
Past criteria checks 1/6
Watani Iron Steel's earnings have been declining at an average annual rate of -17.8%, while the Metals and Mining industry saw earnings growing at 18.5% annually. Revenues have been declining at an average rate of 14.4% per year. Watani Iron Steel's return on equity is 2.6%, and it has net margins of 1.3%.
Key information
-17.8%
Earnings growth rate
-17.8%
EPS growth rate
| Metals and Mining Industry Growth | 21.7% |
| Revenue growth rate | -14.4% |
| Return on equity | 2.6% |
| Net Margin | 1.3% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
No updates
Revenue & Expenses Breakdown
How Watani Iron Steel 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 Jun 24 | 484 | 6 | 15 | 0 |
| 31 Mar 24 | 427 | 5 | 15 | 0 |
| 31 Dec 23 | 370 | 4 | 14 | 0 |
| 30 Sep 23 | 407 | 15 | 15 | 0 |
| 30 Jun 23 | 444 | 25 | 15 | 0 |
| 31 Mar 23 | 520 | 37 | 15 | 0 |
| 31 Dec 22 | 596 | 50 | 15 | 0 |
| 30 Sep 22 | 604 | 46 | 15 | 0 |
| 30 Jun 22 | 612 | 43 | 14 | 0 |
| 31 Mar 22 | 618 | 45 | 14 | 0 |
| 31 Dec 21 | 623 | 47 | 14 | 0 |
| 30 Sep 21 | 599 | 45 | 14 | 0 |
| 30 Jun 21 | 576 | 43 | 15 | 0 |
| 31 Mar 21 | 517 | 37 | 14 | 0 |
| 31 Dec 20 | 459 | 31 | 14 | 0 |
| 30 Sep 20 | 472 | 36 | 12 | 0 |
| 30 Jun 20 | 484 | 40 | 11 | 0 |
| 31 Mar 20 | 482 | 35 | 11 | 0 |
| 31 Dec 19 | 481 | 29 | 10 | 0 |
| 31 Dec 18 | 477 | 25 | 14 | 0 |
Quality Earnings: 9513 has high quality earnings.
Growing Profit Margin: 9513's current net profit margins (1.3%) are lower than last year (5.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 9513's earnings have declined by 17.8% per year over the past 5 years.
Accelerating Growth: 9513's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 9513 had negative earnings growth (-74.6%) over the past year, making it difficult to compare to the Metals and Mining industry average (114%).
Return on Equity
High ROE: 9513's Return on Equity (2.6%) is considered low.