Varopakorn Past Earnings Performance
Past criteria checks 3/6
Varopakorn has been growing earnings at an average annual rate of 28.1%, while the Metals and Mining industry saw earnings growing at 0.7% annually. Revenues have been growing at an average rate of 16.9% per year. Varopakorn's return on equity is 6.6%, and it has net margins of 2.1%.
Key information
28.1%
Earnings growth rate
28.1%
EPS growth rate
| Metals and Mining Industry Growth | 15.5% |
| Revenue growth rate | 16.9% |
| Return on equity | 6.6% |
| Net Margin | 2.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Varopakorn 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 Sep 24 | 2,735 | 56 | 102 | 0 |
| 30 Jun 24 | 2,534 | -14 | 96 | 0 |
| 31 Mar 24 | 2,490 | -79 | 96 | 0 |
| 31 Dec 23 | 2,517 | -109 | 95 | 0 |
| 30 Sep 23 | 2,666 | -79 | 90 | 0 |
| 30 Jun 23 | 3,052 | -99 | 94 | 0 |
| 31 Mar 23 | 3,463 | -94 | 96 | 0 |
| 31 Dec 22 | 3,763 | -59 | 96 | 0 |
| 30 Sep 22 | 3,914 | -40 | 98 | 0 |
| 30 Jun 22 | 3,609 | -7 | 93 | 0 |
| 31 Mar 22 | 3,146 | 43 | 89 | 0 |
| 31 Dec 21 | 2,584 | 4 | 86 | 0 |
| 30 Sep 21 | 2,055 | -33 | 78 | 0 |
| 30 Jun 21 | 1,591 | -55 | 72 | 0 |
| 31 Mar 21 | 1,245 | -110 | 67 | 0 |
| 31 Dec 20 | 1,020 | -138 | 68 | 0 |
| 30 Sep 20 | 1,084 | -150 | 71 | 0 |
| 30 Jun 20 | 1,309 | -133 | 78 | 0 |
| 31 Mar 20 | 1,503 | -149 | 97 | 0 |
| 31 Dec 19 | 1,569 | -149 | 96 | 0 |
| 30 Sep 19 | 1,541 | -131 | 95 | 0 |
| 30 Jun 19 | 1,624 | -62 | 94 | 0 |
| 31 Mar 19 | 1,695 | -30 | 83 | 0 |
| 31 Dec 18 | 1,796 | 28 | 85 | 0 |
| 30 Sep 18 | 1,785 | 44 | 81 | 0 |
| 30 Jun 18 | 1,633 | -35 | 78 | 0 |
| 31 Mar 18 | 1,586 | 15 | 73 | 0 |
| 31 Dec 17 | 1,563 | 12 | 72 | 0 |
| 30 Sep 17 | 1,550 | 4 | 71 | 0 |
| 30 Jun 17 | 1,555 | 31 | 75 | 0 |
| 31 Mar 17 | 1,542 | 29 | 77 | 0 |
| 31 Dec 16 | 1,463 | 18 | 77 | 0 |
| 30 Sep 16 | 1,449 | 26 | 80 | 0 |
| 30 Jun 16 | 1,447 | 16 | 78 | 0 |
| 31 Mar 16 | 1,461 | -10 | 77 | 0 |
| 31 Dec 15 | 1,500 | -27 | 75 | 0 |
| 30 Sep 15 | 1,569 | -26 | 74 | 0 |
| 30 Jun 15 | 1,639 | 7 | 73 | 0 |
| 31 Mar 15 | 1,604 | 1 | 73 | 0 |
| 31 Dec 14 | 1,571 | 3 | 72 | 0 |
| 30 Sep 14 | 1,460 | -31 | 70 | 0 |
| 30 Jun 14 | 1,409 | -75 | 70 | 0 |
| 31 Mar 14 | 1,388 | -117 | 69 | 0 |
| 31 Dec 13 | 1,438 | -97 | 70 | 0 |
Quality Earnings: VARO has high quality earnings.
Growing Profit Margin: VARO became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VARO has become profitable over the past 5 years, growing earnings by 28.1% per year.
Accelerating Growth: VARO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: VARO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-19.5%).
Return on Equity
High ROE: VARO's Return on Equity (6.6%) is considered low.