Grand Canal Land Past Earnings Performance
Past criteria checks 0/6
Grand Canal Land's earnings have been declining at an average annual rate of -9.7%, while the Real Estate industry saw earnings growing at 8% annually. Revenues have been declining at an average rate of 0.7% per year. Grand Canal Land's return on equity is 2.6%, and it has net margins of 26.8%.
Key information
-9.7%
Earnings growth rate
-9.9%
EPS growth rate
| Real Estate Industry Growth | 8.4% |
| Revenue growth rate | -0.7% |
| Return on equity | 2.6% |
| Net Margin | 26.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Grand Canal Land 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 | 1,562 | 418 | 306 | 0 |
| 30 Sep 23 | 1,610 | 555 | 303 | 0 |
| 30 Jun 23 | 1,547 | 574 | 300 | 0 |
| 31 Mar 23 | 1,569 | 708 | 298 | 0 |
| 31 Dec 22 | 1,539 | 714 | 293 | 0 |
| 30 Sep 22 | 1,636 | 542 | 325 | 0 |
| 30 Jun 22 | 1,653 | 562 | 333 | 0 |
| 31 Mar 22 | 1,593 | 498 | 324 | 0 |
| 31 Dec 21 | 1,568 | 574 | 310 | 0 |
| 30 Sep 21 | 1,389 | 511 | 271 | 0 |
| 30 Jun 21 | 1,348 | 545 | 260 | 0 |
| 31 Mar 21 | 1,359 | 604 | 237 | 0 |
| 31 Dec 20 | 1,485 | 716 | 246 | 0 |
| 30 Sep 20 | 1,696 | 1,546 | 236 | 0 |
| 30 Jun 20 | 1,788 | 1,485 | 271 | 0 |
| 31 Mar 20 | 1,826 | 1,365 | 300 | 0 |
| 31 Dec 19 | 1,791 | 1,254 | 312 | 0 |
| 30 Sep 19 | 1,593 | 572 | 313 | 0 |
| 30 Jun 19 | 1,568 | 587 | 278 | 0 |
| 31 Mar 19 | 1,536 | 526 | 293 | 0 |
| 31 Dec 18 | 1,491 | 433 | 288 | 0 |
| 30 Sep 18 | 1,457 | 867 | 348 | 0 |
| 30 Jun 18 | 1,440 | 796 | 357 | 0 |
| 31 Mar 18 | 1,471 | 1,079 | 336 | 0 |
| 31 Dec 17 | 1,495 | 1,070 | 326 | 0 |
| 30 Sep 17 | 1,647 | 844 | 352 | 0 |
| 30 Jun 17 | 1,825 | 1,143 | 360 | 0 |
| 31 Mar 17 | 2,148 | 948 | 372 | 0 |
| 31 Dec 16 | 2,666 | 1,112 | 384 | 0 |
| 30 Sep 16 | 3,267 | 1,804 | 392 | 0 |
| 30 Jun 16 | 3,798 | 1,687 | 428 | 0 |
| 31 Mar 16 | 3,791 | 1,685 | 424 | 0 |
| 31 Dec 15 | 3,976 | 1,732 | 441 | 0 |
| 30 Sep 15 | 4,446 | 1,811 | 432 | 0 |
| 30 Jun 15 | 4,734 | 1,858 | 460 | 0 |
| 31 Mar 15 | 5,079 | 1,947 | 509 | 0 |
| 31 Dec 14 | 4,708 | 1,758 | 540 | 0 |
| 30 Sep 14 | 4,287 | 718 | 542 | 0 |
| 30 Jun 14 | 3,688 | 562 | 489 | 0 |
| 31 Mar 14 | 3,371 | 453 | 447 | 0 |
| 31 Dec 13 | 3,452 | 465 | 406 | 0 |
| 30 Sep 13 | 3,092 | 427 | 335 | 0 |
| 30 Jun 13 | 2,609 | 300 | 308 | 0 |
Quality Earnings: GLAND has a large one-off loss of THB160.3M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: GLAND's current net profit margins (26.8%) are lower than last year (46.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GLAND's earnings have declined by 9.7% per year over the past 5 years.
Accelerating Growth: GLAND's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GLAND had negative earnings growth (-41.4%) over the past year, making it difficult to compare to the Real Estate industry average (-18.8%).
Return on Equity
High ROE: GLAND's Return on Equity (2.6%) is considered low.