Hong Fok Past Earnings Performance
Past criteria checks 1/6
Hong Fok has been growing earnings at an average annual rate of 4.4%, while the Real Estate industry saw earnings growing at 1.1% annually. Revenues have been growing at an average rate of 3.8% per year. Hong Fok's return on equity is 3.1%, and it has net margins of 81.3%.
Key information
4.4%
Earnings growth rate
6.4%
EPS growth rate
| Real Estate Industry Growth | -1.3% |
| Revenue growth rate | 3.8% |
| Return on equity | 3.1% |
| Net Margin | 81.3% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Hong Fok's (SGX:H30) Anemic Earnings Might Be Worse Than You Think
Apr 12
Is Hong Fok (SGX:H30) Using Too Much Debt?
Sep 29Is Hong Fok (SGX:H30) Using Too Much Debt?
Mar 28Here's What Hong Fok Corporation Limited's (SGX:H30) Shareholder Ownership Structure Looks Like
Mar 01Here's Why We Don't Think Hong Fok's (SGX:H30) Statutory Earnings Reflect Its Underlying Earnings Potential
Feb 05
Hong Fok Corporation Limited (SGX:H30) Insiders Increased Their Holdings
Jan 15Hong Fok (SGX:H30) Has A Somewhat Strained Balance Sheet
Dec 25What Kind Of Investors Own Most Of Hong Fok Corporation Limited (SGX:H30)?
Nov 22Revenue & Expenses Breakdown
How Hong Fok 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 | 104 | 85 | 26 | 0 |
| 31 Mar 24 | 108 | 86 | 26 | 0 |
| 31 Dec 23 | 111 | 88 | 26 | 0 |
| 30 Sep 23 | 130 | 153 | 24 | 0 |
| 30 Jun 23 | 149 | 218 | 23 | 0 |
| 31 Mar 23 | 152 | 219 | 24 | 0 |
| 31 Dec 22 | 154 | 220 | 24 | 0 |
| 30 Sep 22 | 129 | 132 | 23 | 0 |
| 30 Jun 22 | 103 | 43 | 21 | 0 |
| 31 Mar 22 | 97 | 41 | 20 | 0 |
| 31 Dec 21 | 91 | 39 | 20 | 0 |
| 30 Sep 21 | 85 | 15 | 21 | 0 |
| 30 Jun 21 | 80 | -8 | 23 | 0 |
| 31 Mar 21 | 80 | -8 | 23 | 0 |
| 31 Dec 20 | 80 | -9 | 23 | 0 |
| 30 Sep 20 | 87 | 97 | 28 | 0 |
| 30 Jun 20 | 110 | 109 | 26 | 0 |
| 31 Mar 20 | 108 | 109 | 27 | 0 |
| 31 Dec 19 | 113 | 113 | 26 | 0 |
| 30 Sep 19 | 122 | 186 | 28 | 0 |
| 30 Jun 19 | 130 | 191 | 29 | 0 |
| 31 Mar 19 | 141 | 193 | 28 | 0 |
| 31 Dec 18 | 131 | 189 | 28 | 0 |
| 30 Sep 18 | 118 | 198 | 43 | 0 |
| 30 Jun 18 | 90 | 183 | 38 | 0 |
| 31 Mar 18 | 74 | 181 | 33 | 0 |
| 31 Dec 17 | 70 | 178 | 28 | 0 |
| 30 Sep 17 | 66 | 71 | 27 | 0 |
| 30 Jun 17 | 59 | 74 | 27 | 0 |
| 31 Mar 17 | 59 | 71 | 27 | 0 |
| 31 Dec 16 | 59 | 73 | 27 | 0 |
| 30 Sep 16 | 57 | 108 | 37 | 0 |
| 30 Jun 16 | 58 | 166 | 37 | 0 |
| 31 Mar 16 | 59 | 166 | 37 | 0 |
| 31 Dec 15 | 61 | 167 | 37 | 0 |
| 30 Sep 15 | 61 | 90 | 24 | 0 |
| 30 Jun 15 | 61 | 33 | 24 | 0 |
| 31 Mar 15 | 60 | 42 | 24 | 0 |
| 31 Dec 14 | 98 | 48 | 24 | 0 |
| 30 Sep 14 | 126 | 284 | 0 | 0 |
| 30 Jun 14 | 171 | 294 | 0 | 0 |
| 31 Mar 14 | 230 | 297 | 0 | 0 |
| 31 Dec 13 | 236 | 301 | 0 | 0 |
| 30 Sep 13 | 243 | 95 | 0 | 0 |
Quality Earnings: H30 has a large one-off gain of SGD86.2M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: H30's current net profit margins (81.3%) are lower than last year .
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: H30's earnings have grown by 4.4% per year over the past 5 years.
Accelerating Growth: H30's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: H30 had negative earnings growth (-61%) over the past year, making it difficult to compare to the Real Estate industry average (-21.9%).
Return on Equity
High ROE: H30's Return on Equity (3.1%) is considered low.