Asset World Corp Past Earnings Performance
Past criteria checks 1/6
Asset World Corp has been growing earnings at an average annual rate of 53.7%, while the Hospitality industry saw earnings declining at 2.5% annually. Revenues have been declining at an average rate of 2.4% per year. Asset World Corp's return on equity is 5.8%, and it has net margins of 36.4%.
Key information
53.7%
Earnings growth rate
48.4%
EPS growth rate
| Hospitality Industry Growth | -8.3% |
| Revenue growth rate | -2.4% |
| Return on equity | 5.8% |
| Net Margin | 36.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Asset World Corp 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 | 14,031 | 5,105 | 4,247 | 0 |
| 30 Sep 23 | 13,488 | 5,213 | 4,282 | 0 |
| 30 Jun 23 | 12,646 | 5,103 | 3,982 | 0 |
| 31 Mar 23 | 11,489 | 4,758 | 3,653 | 0 |
| 31 Dec 22 | 9,628 | 3,935 | 3,280 | 0 |
| 30 Sep 22 | 7,994 | 3,598 | 2,869 | 0 |
| 30 Jun 22 | 6,240 | 3,259 | 2,591 | 0 |
| 31 Mar 22 | 5,158 | 2,284 | 2,442 | 0 |
| 31 Dec 21 | 4,578 | 1,045 | 2,315 | 0 |
| 30 Sep 21 | 4,474 | -120 | 2,151 | 0 |
| 30 Jun 21 | 4,933 | -1,278 | 2,221 | 0 |
| 31 Mar 21 | 4,722 | -1,789 | 2,178 | 0 |
| 31 Dec 20 | 6,132 | -931 | 2,407 | 0 |
| 30 Sep 20 | 7,807 | -502 | 3,057 | 0 |
| 30 Jun 20 | 9,777 | 154 | 3,216 | 0 |
| 31 Mar 20 | 12,183 | 953 | 3,437 | 0 |
| 31 Dec 19 | 13,239 | 932 | 3,685 | 0 |
| 30 Sep 19 | 13,133 | 733 | 3,330 | 0 |
| 30 Jun 19 | 12,630 | 534 | 3,301 | 0 |
| 31 Mar 19 | 12,094 | 388 | 3,069 | 0 |
| 31 Dec 18 | 11,686 | 469 | 2,775 | 0 |
| 31 Dec 17 | 10,538 | 795 | 2,273 | 0 |
| 31 Dec 16 | 9,088 | 1,475 | 2,129 | 0 |
Quality Earnings: AWC has a large one-off gain of THB5.0B impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: AWC's current net profit margins (36.4%) are lower than last year (40.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AWC's earnings have grown significantly by 53.7% per year over the past 5 years.
Accelerating Growth: AWC's earnings growth over the past year (29.7%) is below its 5-year average (53.7% per year).
Earnings vs Industry: AWC earnings growth over the past year (29.7%) did not outperform the Hospitality industry 41.5%.
Return on Equity
High ROE: AWC's Return on Equity (5.8%) is considered low.