North East Rubber Past Earnings Performance
Past criteria checks 2/6
North East Rubber has been growing earnings at an average annual rate of 26.8%, while the Auto Components industry saw earnings growing at 6.1% annually. Revenues have been growing at an average rate of 19.3% per year. North East Rubber's return on equity is 20.7%, and it has net margins of 6.2%.
Key information
26.8%
Earnings growth rate
20.5%
EPS growth rate
| Auto Components Industry Growth | 12.0% |
| Revenue growth rate | 19.3% |
| Return on equity | 20.7% |
| Net Margin | 6.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How North East Rubber 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 | 25,066 | 1,546 | 719 | 0 |
| 30 Sep 23 | 25,564 | 1,452 | 770 | 0 |
| 30 Jun 23 | 27,158 | 1,668 | 847 | 0 |
| 31 Mar 23 | 25,872 | 1,593 | 736 | 0 |
| 31 Dec 22 | 25,208 | 1,748 | 766 | 0 |
| 30 Sep 22 | 24,135 | 1,985 | 749 | 0 |
| 30 Jun 22 | 24,064 | 1,896 | 755 | 0 |
| 31 Mar 22 | 25,080 | 1,953 | 901 | 0 |
| 31 Dec 21 | 24,453 | 1,850 | 828 | 0 |
| 30 Sep 21 | 24,788 | 1,667 | 766 | 0 |
| 30 Jun 21 | 21,972 | 1,379 | 679 | 0 |
| 31 Mar 21 | 18,375 | 1,165 | 541 | 0 |
| 31 Dec 20 | 16,364 | 859 | 539 | 0 |
| 30 Sep 20 | 13,606 | 561 | 502 | 0 |
| 30 Jun 20 | 12,326 | 556 | 469 | 0 |
| 31 Mar 20 | 12,937 | 498 | 462 | 0 |
| 31 Dec 19 | 13,021 | 539 | 436 | 0 |
| 30 Sep 19 | 12,901 | 613 | 409 | 0 |
| 30 Jun 19 | 12,442 | 587 | 398 | 0 |
| 31 Mar 19 | 11,462 | 468 | 384 | 0 |
| 31 Dec 18 | 10,074 | 486 | 332 | 0 |
| 30 Sep 18 | 10,073 | 504 | 326 | 0 |
| 30 Jun 18 | 10,187 | 399 | -3,100 | 0 |
| 31 Mar 18 | 9,960 | 269 | -1,057 | 0 |
| 31 Dec 17 | 9,820 | 224 | 273 | 0 |
| 31 Dec 16 | 6,145 | 148 | 5,705 | 0 |
| 31 Dec 15 | 4,448 | 79 | 4,070 | 0 |
| 31 Dec 14 | 2,394 | 84 | 2,154 | 0 |
Quality Earnings: NER has high quality earnings.
Growing Profit Margin: NER's current net profit margins (6.2%) are lower than last year (6.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NER's earnings have grown significantly by 26.8% per year over the past 5 years.
Accelerating Growth: NER's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NER had negative earnings growth (-11.6%) over the past year, making it difficult to compare to the Auto Components industry average (-8.5%).
Return on Equity
High ROE: Whilst NER's Return on Equity (20.69%) is high, this metric is skewed due to their high level of debt.