Nirvana Development Past Earnings Performance
Past criteria checks 4/6
Nirvana Development has been growing earnings at an average annual rate of 24.1%, while the Real Estate industry saw earnings growing at 9.4% annually. Revenues have been declining at an average rate of 8.7% per year. Nirvana Development's return on equity is 3%, and it has net margins of 10.1%.
Key information
24.1%
Earnings growth rate
24.2%
EPS growth rate
| Real Estate Industry Growth | 8.4% |
| Revenue growth rate | -8.7% |
| Return on equity | 3.0% |
| Net Margin | 10.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Nirvana 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 |
|---|---|---|---|---|
| 30 Sep 24 | 1,468 | 149 | 429 | 0 |
| 30 Jun 24 | 1,693 | 175 | 462 | 0 |
| 31 Mar 24 | 1,851 | 188 | 505 | 0 |
| 31 Dec 23 | 2,022 | 201 | 562 | 0 |
| 30 Sep 23 | 1,845 | 93 | 541 | 0 |
| 30 Jun 23 | 1,717 | 84 | 526 | 0 |
| 31 Mar 23 | 2,006 | 80 | 537 | 0 |
| 31 Dec 22 | 2,609 | 201 | 594 | 0 |
| 30 Sep 22 | 3,106 | 686 | 665 | 0 |
| 30 Jun 22 | 3,334 | 540 | 672 | 0 |
| 31 Mar 22 | 3,370 | 523 | 744 | 0 |
| 31 Dec 21 | 3,022 | 408 | 688 | 0 |
| 30 Sep 21 | 2,800 | -164 | 687 | 0 |
| 30 Jun 21 | 3,307 | 27 | 779 | 0 |
| 31 Mar 21 | 2,847 | -1 | 661 | 0 |
| 31 Dec 20 | 2,446 | -51 | 647 | 0 |
| 30 Sep 20 | 2,422 | -31 | 680 | 0 |
| 30 Jun 20 | 1,902 | -59 | 674 | 0 |
| 31 Mar 20 | 2,161 | -25 | 734 | 0 |
| 31 Dec 19 | 2,707 | 28 | 788 | 0 |
| 30 Sep 19 | 3,394 | 181 | 829 | 0 |
| 30 Jun 19 | 3,469 | 235 | 778 | 0 |
| 31 Mar 19 | 3,304 | 277 | 727 | 0 |
| 31 Dec 18 | 2,955 | 277 | 692 | 0 |
| 30 Sep 18 | 2,269 | 234 | 556 | 0 |
| 30 Jun 18 | 2,209 | 199 | 558 | 0 |
| 31 Mar 18 | 2,412 | 207 | 578 | 0 |
| 31 Dec 17 | 2,558 | 223 | 568 | 0 |
| 30 Sep 17 | 2,772 | 290 | 570 | 0 |
| 30 Jun 17 | 2,260 | 160 | 514 | 0 |
| 31 Mar 17 | 1,878 | 166 | 449 | 0 |
| 31 Dec 16 | 1,348 | 46 | 399 | 0 |
Quality Earnings: NVD-R has a large one-off gain of THB236.5M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: NVD-R's current net profit margins (10.1%) are higher than last year (5.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NVD-R's earnings have grown significantly by 24.1% per year over the past 5 years.
Accelerating Growth: NVD-R's earnings growth over the past year (59.1%) exceeds its 5-year average (24.1% per year).
Earnings vs Industry: NVD-R earnings growth over the past year (59.1%) exceeded the Real Estate industry -16.7%.
Return on Equity
High ROE: NVD-R's Return on Equity (3%) is considered low.