Noble Development Past Earnings Performance
Past criteria checks 2/6
Noble Development's earnings have been declining at an average annual rate of -19.1%, while the Real Estate industry saw earnings growing at 8.4% annually. Revenues have been declining at an average rate of 1.2% per year. Noble Development's return on equity is 8.9%, and it has net margins of 6.1%.
Key information
-19.1%
Earnings growth rate
-19.0%
EPS growth rate
| Real Estate Industry Growth | 8.4% |
| Revenue growth rate | -1.2% |
| Return on equity | 8.9% |
| Net Margin | 6.1% |
| Last Earnings Update | 31 Mar 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Noble Development 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 Mar 23 | 8,719 | 534 | 1,619 | 0 |
| 31 Dec 22 | 8,215 | 455 | 1,595 | 0 |
| 30 Sep 22 | 5,939 | 113 | 1,408 | 0 |
| 30 Jun 22 | 4,729 | 125 | 1,333 | 0 |
| 31 Mar 22 | 5,841 | 441 | 1,483 | 0 |
| 31 Dec 21 | 6,827 | 932 | 1,668 | 0 |
| 30 Sep 21 | 8,730 | 1,576 | 1,877 | 0 |
| 30 Jun 21 | 11,266 | 1,950 | 2,136 | 0 |
| 31 Mar 21 | 11,038 | 1,951 | 1,971 | 0 |
| 31 Dec 20 | 10,723 | 1,878 | 1,790 | 0 |
| 30 Sep 20 | 10,122 | 1,684 | 1,642 | 0 |
| 30 Jun 20 | 14,354 | 2,312 | 1,769 | 0 |
| 31 Mar 20 | 13,366 | 2,173 | 1,733 | 0 |
| 31 Dec 19 | 14,916 | 3,071 | 1,774 | 0 |
| 30 Sep 19 | 13,827 | 3,139 | 1,839 | 0 |
| 30 Jun 19 | 7,858 | 2,261 | 1,391 | 0 |
| 31 Mar 19 | 7,729 | 2,166 | 1,341 | 0 |
| 31 Dec 18 | 5,078 | 987 | 1,177 | 0 |
| 30 Sep 18 | 5,176 | 853 | 939 | 0 |
| 30 Jun 18 | 6,194 | 1,119 | 1,025 | 0 |
| 31 Mar 18 | 7,354 | 1,441 | 1,058 | 0 |
| 31 Dec 17 | 9,677 | 2,206 | 1,157 | 0 |
| 30 Sep 17 | 12,044 | 2,875 | 1,291 | 0 |
| 30 Jun 17 | 9,599 | 2,227 | 1,125 | 0 |
| 31 Mar 17 | 7,815 | 1,715 | 1,028 | 0 |
| 31 Dec 16 | 4,503 | 682 | 870 | 0 |
| 30 Sep 16 | 454 | -457 | 597 | 0 |
| 30 Jun 16 | 326 | -467 | 600 | 0 |
| 31 Mar 16 | 340 | -501 | 653 | 0 |
| 31 Dec 15 | 373 | -468 | 648 | 0 |
| 30 Sep 15 | 311 | -478 | 690 | 0 |
| 30 Jun 15 | 808 | -329 | 702 | 0 |
| 31 Mar 15 | 1,619 | -56 | 666 | 0 |
| 31 Dec 14 | 2,276 | 163 | 659 | 0 |
| 30 Sep 14 | 3,125 | 360 | 725 | 0 |
| 30 Jun 14 | 2,905 | 324 | 695 | 0 |
| 31 Mar 14 | 2,501 | 221 | 630 | 0 |
| 31 Dec 13 | 3,085 | 323 | 731 | 0 |
| 30 Sep 13 | 3,438 | 459 | 665 | 0 |
| 30 Jun 13 | 3,617 | 501 | 657 | 0 |
| 31 Mar 13 | 3,418 | 501 | 656 | 0 |
| 31 Dec 12 | 2,560 | 325 | 536 | 0 |
| 30 Sep 12 | 1,934 | 119 | 490 | 0 |
Quality Earnings: NOBLE-W2-R has a large one-off gain of THB147.3M impacting its last 12 months of financial results to 31st March, 2023.
Growing Profit Margin: NOBLE-W2-R's current net profit margins (6.1%) are lower than last year (7.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NOBLE-W2-R's earnings have declined by 19.1% per year over the past 5 years.
Accelerating Growth: NOBLE-W2-R's earnings growth over the past year (21.1%) exceeds its 5-year average (-19.1% per year).
Earnings vs Industry: NOBLE-W2-R earnings growth over the past year (21.1%) exceeded the Real Estate industry 7.9%.
Return on Equity
High ROE: NOBLE-W2-R's Return on Equity (8.9%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/07/12 12:33 |
| End of Day Share Price | 2023/07/12 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Noble Development Public Company Limited is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tharinee Chabsuwan | Finansa Securities Ltd. |
| Thanyatorn Songwutti | FSS International Advisory |
| Wilasinee Boonmasungsong | Globlex Securities Co. Ltd. |