City Developments Past Earnings Performance

Past criteria checks 4/6

City Developments has been growing earnings at an average annual rate of 20.6%, while the Real Estate industry saw earnings growing at 1.3% annually. Revenues have been growing at an average rate of 9.9% per year. City Developments's return on equity is 3.4%, and it has net margins of 8.6%.

Key information

20.6%

Earnings growth rate

20.6%

EPS growth rate

Real Estate Industry Growth-1.3%
Revenue growth rate9.9%
Return on equity3.4%
Net Margin8.6%
Last Earnings Update30 Jun 2024

Recent past performance updates

City Developments' (SGX:C09) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Apr 01
City Developments' (SGX:C09) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Recent updates

City Developments Limited's (SGX:C09) Business Is Yet to Catch Up With Its Share Price

Oct 25
City Developments Limited's (SGX:C09) Business Is Yet to Catch Up With Its Share Price

City Developments (SGX:C09) Has A Somewhat Strained Balance Sheet

Oct 04
City Developments (SGX:C09) Has A Somewhat Strained Balance Sheet

Revenues Working Against City Developments Limited's (SGX:C09) Share Price

Jul 26
Revenues Working Against City Developments Limited's (SGX:C09) Share Price

City Developments Limited (SGX:C09) Shares Could Be 20% Below Their Intrinsic Value Estimate

Jun 28
City Developments Limited (SGX:C09) Shares Could Be 20% Below Their Intrinsic Value Estimate

What Is City Developments Limited's (SGX:C09) Share Price Doing?

May 21
What Is City Developments Limited's (SGX:C09) Share Price Doing?

Shareholders May Not Be So Generous With City Developments Limited's (SGX:C09) CEO Compensation And Here's Why

Apr 17
Shareholders May Not Be So Generous With City Developments Limited's (SGX:C09) CEO Compensation And Here's Why

City Developments' (SGX:C09) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Apr 01
City Developments' (SGX:C09) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Is City Developments (SGX:C09) Using Too Much Debt?

Mar 22
Is City Developments (SGX:C09) Using Too Much Debt?

City Developments Limited Just Missed Earnings - But Analysts Have Updated Their Models

Mar 01
City Developments Limited Just Missed Earnings - But Analysts Have Updated Their Models

City Developments Limited's (SGX:C09) Intrinsic Value Is Potentially 77% Above Its Share Price

Dec 08
City Developments Limited's (SGX:C09) Intrinsic Value Is Potentially 77% Above Its Share Price

Is There Now An Opportunity In City Developments Limited (SGX:C09)?

Nov 20
Is There Now An Opportunity In City Developments Limited (SGX:C09)?

Is City Developments (SGX:C09) A Risky Investment?

Nov 01
Is City Developments (SGX:C09) A Risky Investment?

City Developments Limited's (SGX:C09) Intrinsic Value Is Potentially 46% Above Its Share Price

Sep 04
City Developments Limited's (SGX:C09) Intrinsic Value Is Potentially 46% Above Its Share Price

At S$7.12, Is It Time To Put City Developments Limited (SGX:C09) On Your Watch List?

Aug 09
At S$7.12, Is It Time To Put City Developments Limited (SGX:C09) On Your Watch List?

These 4 Measures Indicate That City Developments (SGX:C09) Is Using Debt Extensively

May 19
These 4 Measures Indicate That City Developments (SGX:C09) Is Using Debt Extensively

Is There Now An Opportunity In City Developments Limited (SGX:C09)?

Apr 20
Is There Now An Opportunity In City Developments Limited (SGX:C09)?

These 4 Measures Indicate That City Developments (SGX:C09) Is Using Debt Extensively

Dec 23
These 4 Measures Indicate That City Developments (SGX:C09) Is Using Debt Extensively

What Does City Developments Limited's (SGX:C09) Share Price Indicate?

Nov 01
What Does City Developments Limited's (SGX:C09) Share Price Indicate?

City Developments (SGX:C09) Takes On Some Risk With Its Use Of Debt

Aug 15
City Developments (SGX:C09) Takes On Some Risk With Its Use Of Debt

What Is City Developments Limited's (SGX:C09) Share Price Doing?

Feb 09
What Is City Developments Limited's (SGX:C09) Share Price Doing?

Is City Developments (SGX:C09) Using Debt Sensibly?

Dec 28
Is City Developments (SGX:C09) Using Debt Sensibly?

Is City Developments (SGX:C09) Using Too Much Debt?

Sep 20
Is City Developments (SGX:C09) Using Too Much Debt?

Is There An Opportunity With City Developments Limited's (SGX:C09) 35% Undervaluation?

Aug 03
Is There An Opportunity With City Developments Limited's (SGX:C09) 35% Undervaluation?

Why City Developments Limited (SGX:C09) Could Be Worth Watching

Jul 06
Why City Developments Limited (SGX:C09) Could Be Worth Watching

A Look At The Fair Value Of City Developments Limited (SGX:C09)

Apr 30
A Look At The Fair Value Of City Developments Limited (SGX:C09)

Is City Developments (SGX:C09) Using Too Much Debt?

Mar 25
Is City Developments (SGX:C09) Using Too Much Debt?

Revenue & Expenses Breakdown

How City Developments makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SGX:C09 Revenue, expenses and earnings (SGD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 243,8003285930
31 Mar 244,3713165870
31 Dec 234,9413055810
30 Sep 234,7332625920
30 Jun 234,5252196030
31 Mar 233,9097465980
31 Dec 223,2931,2725940
30 Sep 223,1001,2485690
30 Jun 222,9061,2235440
31 Mar 222,7666485260
31 Dec 212,626725090
30 Sep 212,427-9474930
30 Jun 212,228-1,9664780
31 Mar 212,168-1,9484830
31 Dec 202,108-1,9304880
30 Sep 202,538-8865390
30 Jun 202,9051935680
31 Mar 203,2193505820
31 Dec 193,4295525910
30 Sep 193,2705425650
30 Jun 193,4026005600
31 Mar 193,9116595430
31 Dec 184,2235445290
30 Sep 184,7626325240
30 Jun 184,6096065130
31 Mar 184,1034995150
31 Dec 173,8295095220
30 Sep 173,6685875280
30 Jun 173,7276115360
31 Mar 173,9666315350
31 Dec 163,9056405360
30 Sep 163,5938075270
30 Jun 163,4807435330
31 Mar 163,2127435340
31 Dec 153,3047605290
30 Sep 153,2967355360
30 Jun 153,8087565250
31 Mar 153,8457605250
31 Dec 143,7647575090
30 Sep 143,7065944950
30 Jun 143,2195884810
31 Mar 143,1716554730
31 Dec 133,2136734750

Quality Earnings: C09 has a large one-off gain of SGD297.0M impacting its last 12 months of financial results to 30th June, 2024.

Growing Profit Margin: C09's current net profit margins (8.6%) are higher than last year (4.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: C09's earnings have grown significantly by 20.6% per year over the past 5 years.

Accelerating Growth: C09's earnings growth over the past year (49.3%) exceeds its 5-year average (20.6% per year).

Earnings vs Industry: C09 earnings growth over the past year (49.3%) exceeded the Real Estate industry -1.5%.


Return on Equity

High ROE: C09's Return on Equity (3.4%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 12:04
End of Day Share Price 2024/12/24 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

City Developments Limited is covered by 32 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tricia SongBarclays
Chin Hong PangBNP Paribas Securities (Asia)
Donald ChuaBofA Global Research