Hiap Hoe Past Earnings Performance
Past criteria checks 2/6
Hiap Hoe's earnings have been declining at an average annual rate of -3.7%, while the Real Estate industry saw earnings growing at 2.7% annually. Revenues have been declining at an average rate of 6% per year. Hiap Hoe's return on equity is 0.8%, and it has net margins of 5%.
Key information
-3.7%
Earnings growth rate
-3.7%
EPS growth rate
| Real Estate Industry Growth | -1.3% |
| Revenue growth rate | -6.0% |
| Return on equity | 0.8% |
| Net Margin | 5.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Hiap Hoe 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 | 112 | 6 | 33 | 0 |
| 30 Sep 23 | 124 | -7 | 33 | 0 |
| 30 Jun 23 | 136 | -19 | 33 | 0 |
| 31 Mar 23 | 128 | -21 | 32 | 0 |
| 31 Dec 22 | 119 | -22 | 31 | 0 |
| 30 Sep 22 | 108 | -5 | 29 | 0 |
| 30 Jun 22 | 97 | 12 | 28 | 0 |
| 31 Mar 22 | 95 | 16 | 28 | 0 |
| 31 Dec 21 | 94 | 21 | 28 | 0 |
| 30 Sep 21 | 88 | 7 | 27 | 0 |
| 30 Jun 21 | 82 | -8 | 26 | 0 |
| 31 Mar 21 | 81 | -22 | 26 | 0 |
| 31 Dec 20 | 80 | -37 | 26 | 0 |
| 30 Sep 20 | 97 | -13 | 29 | 0 |
| 30 Jun 20 | 114 | -5 | 31 | 0 |
| 31 Mar 20 | 125 | 6 | 32 | 0 |
| 31 Dec 19 | 132 | 22 | 32 | 0 |
| 30 Sep 19 | 129 | -7 | 33 | 0 |
| 30 Jun 19 | 135 | -7 | 32 | 0 |
| 31 Mar 19 | 167 | -3 | 31 | 0 |
| 31 Dec 18 | 187 | -10 | 31 | 0 |
| 30 Sep 18 | 330 | 71 | 31 | 0 |
| 30 Jun 18 | 314 | 75 | 29 | 0 |
| 31 Mar 18 | 273 | 72 | 30 | 0 |
| 31 Dec 17 | 249 | 80 | 30 | 0 |
| 30 Sep 17 | 94 | 41 | 28 | 0 |
| 30 Jun 17 | 88 | 50 | 28 | 0 |
| 31 Mar 17 | 88 | 46 | 26 | 0 |
| 31 Dec 16 | 83 | 45 | 25 | 0 |
| 30 Sep 16 | 88 | 23 | 27 | 0 |
| 30 Jun 16 | 107 | 6 | 28 | 0 |
| 31 Mar 16 | 106 | 6 | 28 | 0 |
| 31 Dec 15 | 108 | -7 | 27 | 0 |
| 30 Sep 15 | 102 | -41 | 45 | 0 |
| 30 Jun 15 | 122 | -37 | 69 | 0 |
| 31 Mar 15 | 126 | -39 | 84 | 0 |
| 31 Dec 14 | 136 | 321 | 87 | 0 |
| 30 Sep 14 | 166 | 356 | 74 | 0 |
| 30 Jun 14 | 189 | 389 | 48 | 0 |
| 31 Mar 14 | 242 | 424 | 31 | 0 |
| 31 Dec 13 | 241 | 80 | 24 | 0 |
| 30 Sep 13 | 216 | 87 | 11 | 0 |
| 30 Jun 13 | 176 | 67 | 9 | 0 |
Quality Earnings: 5JK has a large one-off gain of SGD39.1M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 5JK became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 5JK has become profitable over the past 5 years, growing earnings by -3.7% per year.
Accelerating Growth: 5JK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 5JK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (-40.5%).
Return on Equity
High ROE: 5JK's Return on Equity (0.8%) is considered low.