Mida Assets Past Earnings Performance
Past criteria checks 2/6
Mida Assets has been growing earnings at an average annual rate of 0.4%, while the Consumer Finance industry saw earnings growing at 7.1% annually. Revenues have been declining at an average rate of 2.6% per year. Mida Assets's return on equity is 6.4%, and it has net margins of 10%.
Key information
0.4%
Earnings growth rate
0.4%
EPS growth rate
| Consumer Finance Industry Growth | 8.5% |
| Revenue growth rate | -2.6% |
| Return on equity | 6.4% |
| Net Margin | 10.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Mida Assets 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 | 2,911 | 292 | 1,458 | 0 |
| 30 Sep 23 | 2,989 | 272 | 1,471 | 0 |
| 30 Jun 23 | 2,510 | 68 | 1,387 | 0 |
| 31 Mar 23 | 2,322 | -123 | 1,312 | 0 |
| 31 Dec 22 | 1,981 | -222 | 1,255 | 0 |
| 30 Sep 22 | 1,782 | -203 | 1,229 | 0 |
| 30 Jun 22 | 1,816 | -199 | 1,227 | 0 |
| 31 Mar 22 | 1,898 | -244 | 1,252 | 0 |
| 31 Dec 21 | 1,867 | -249 | 1,268 | 0 |
| 30 Sep 21 | 1,976 | -244 | 1,290 | 0 |
| 30 Jun 21 | 2,108 | -219 | 1,327 | 0 |
| 31 Mar 21 | 2,144 | -165 | 1,290 | 0 |
| 31 Dec 20 | 2,259 | -120 | 1,325 | 0 |
| 30 Sep 20 | 2,289 | -92 | 1,312 | 0 |
| 30 Jun 20 | 2,358 | -57 | 1,338 | 0 |
| 31 Mar 20 | 2,504 | -32 | 1,407 | 0 |
| 31 Dec 19 | 2,656 | 13 | 1,422 | 0 |
| 30 Sep 19 | 2,730 | 11 | 1,463 | 0 |
| 30 Jun 19 | 2,746 | 26 | 1,476 | 0 |
| 31 Mar 19 | 2,720 | 48 | 1,454 | 0 |
| 31 Dec 18 | 2,675 | 61 | 1,446 | 0 |
| 30 Sep 18 | 2,753 | 86 | 1,487 | 0 |
| 30 Jun 18 | 2,760 | 82 | 1,475 | 0 |
| 31 Mar 18 | 2,704 | 77 | 1,459 | 0 |
| 31 Dec 17 | 2,562 | 49 | 1,412 | 0 |
| 30 Sep 17 | 2,340 | 40 | 1,350 | 0 |
| 30 Jun 17 | 2,305 | 38 | 1,305 | 0 |
| 31 Mar 17 | 2,446 | 52 | 1,306 | 0 |
| 31 Dec 16 | 2,571 | 79 | 1,289 | 0 |
| 30 Sep 16 | 2,659 | 117 | 1,235 | 0 |
| 30 Jun 16 | 2,696 | 137 | 1,220 | 0 |
| 31 Mar 16 | 2,541 | 135 | 1,186 | 0 |
| 31 Dec 15 | 2,436 | 76 | 1,195 | 0 |
| 30 Sep 15 | 2,383 | 47 | 1,159 | 0 |
| 30 Jun 15 | 2,304 | 40 | 1,126 | 0 |
| 31 Mar 15 | 2,312 | 56 | 1,099 | 0 |
| 31 Dec 14 | 2,284 | 84 | 1,056 | 0 |
| 30 Sep 14 | 2,287 | 110 | 1,036 | 0 |
| 30 Jun 14 | 2,229 | 104 | 1,025 | 0 |
| 31 Mar 14 | 2,267 | 83 | 1,026 | 0 |
| 31 Dec 13 | 2,268 | 232 | 1,043 | 0 |
| 30 Sep 13 | 2,245 | -204 | 1,020 | 0 |
| 30 Jun 13 | 2,317 | -183 | 1,040 | 0 |
Quality Earnings: MIDA has a large one-off gain of THB243.4M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: MIDA became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MIDA has become profitable over the past 5 years, growing earnings by 0.4% per year.
Accelerating Growth: MIDA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MIDA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Finance industry (-5.7%).
Return on Equity
High ROE: MIDA's Return on Equity (6.4%) is considered low.