Bless Asset Group Past Earnings Performance
Past criteria checks 1/6
Bless Asset Group's earnings have been declining at an average annual rate of -18%, while the Real Estate industry saw earnings growing at 8% annually. Revenues have been declining at an average rate of 1.7% per year. Bless Asset Group's return on equity is 0.8%, and it has net margins of 2.2%.
Key information
-18.0%
Earnings growth rate
-30.9%
EPS growth rate
| Real Estate Industry Growth | 8.4% |
| Revenue growth rate | -1.7% |
| Return on equity | 0.8% |
| Net Margin | 2.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Bless Asset Group 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 | 435 | 10 | 135 | 0 |
| 30 Sep 23 | 553 | 36 | 136 | 0 |
| 30 Jun 23 | 613 | 43 | 145 | 0 |
| 31 Mar 23 | 596 | 34 | 141 | 0 |
| 31 Dec 22 | 663 | 42 | 145 | 0 |
| 30 Sep 22 | 706 | 51 | 149 | 0 |
| 30 Jun 22 | 744 | 63 | 145 | 0 |
| 31 Mar 22 | 786 | 72 | 147 | 0 |
| 31 Dec 21 | 798 | 80 | 143 | 0 |
| 30 Sep 21 | 801 | 83 | 141 | 0 |
| 31 Dec 20 | 895 | 115 | 129 | 0 |
| 31 Dec 19 | 570 | 83 | 105 | 0 |
| 31 Dec 18 | 499 | 44 | 97 | 0 |
| 31 Dec 17 | 576 | 59 | 93 | 0 |
Quality Earnings: BLESS has high quality earnings.
Growing Profit Margin: BLESS's current net profit margins (2.2%) are lower than last year (6.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BLESS's earnings have declined by 18% per year over the past 5 years.
Accelerating Growth: BLESS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BLESS had negative earnings growth (-77.3%) over the past year, making it difficult to compare to the Real Estate industry average (-18.8%).
Return on Equity
High ROE: BLESS's Return on Equity (0.8%) is considered low.