Riyadh Steel Past Earnings Performance
Past criteria checks 2/6
Riyadh Steel has been growing earnings at an average annual rate of 36.9%, while the Metals and Mining industry saw earnings growing at 14.4% annually. Revenues have been growing at an average rate of 6% per year. Riyadh Steel's return on equity is 14.9%, and it has net margins of 8.3%.
Key information
36.9%
Earnings growth rate
118.8%
EPS growth rate
| Metals and Mining Industry Growth | 21.7% |
| Revenue growth rate | 6.0% |
| Return on equity | 14.9% |
| Net Margin | 8.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Revenue & Expenses Breakdown
How Riyadh 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 |
|---|---|---|---|---|
| 31 Dec 23 | 134 | 11 | 11 | 0 |
| 31 Dec 22 | 156 | 5 | 10 | 0 |
| 31 Dec 21 | 145 | 8 | 7 | 0 |
| 31 Dec 20 | 111 | 2 | 4 | 0 |
Quality Earnings: 9588 has a high level of non-cash earnings.
Growing Profit Margin: 9588's current net profit margins (8.3%) are higher than last year (3.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if 9588's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare 9588's past year earnings growth to its 5-year average.
Earnings vs Industry: 9588 earnings growth over the past year (118.8%) exceeded the Metals and Mining industry 59.5%.
Return on Equity
High ROE: 9588's Return on Equity (14.9%) is considered low.