Golden Ventures Leasehold Real Estate Investment Trust Past Earnings Performance
Past criteria checks 0/6
Golden Ventures Leasehold Real Estate Investment Trust's earnings have been declining at an average annual rate of -12.5%, while the Office REITs industry saw earnings declining at 12.5% annually. Revenues have been declining at an average rate of 1.2% per year. Golden Ventures Leasehold Real Estate Investment Trust's return on equity is 6.3%, and it has net margins of 48.8%.
Key information
-12.5%
Earnings growth rate
-12.5%
EPS growth rate
| Office REITs Industry Growth | -12.5% |
| Revenue growth rate | -1.2% |
| Return on equity | 6.3% |
| Net Margin | 48.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Golden Ventures Leasehold Real Estate Investment Trust 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 | 1,163 | 567 | 28 | 0 |
| 30 Sep 23 | 1,161 | 566 | 29 | 0 |
| 30 Jun 23 | 1,162 | 647 | 27 | 0 |
| 31 Mar 23 | 1,152 | 645 | 28 | 0 |
| 31 Dec 22 | 1,143 | 643 | 27 | 0 |
| 30 Sep 22 | 1,135 | 643 | 23 | 0 |
| 30 Jun 22 | 1,104 | 668 | 21 | 0 |
| 31 Mar 22 | 1,102 | 672 | 19 | 0 |
| 31 Dec 21 | 1,108 | 672 | 18 | 0 |
| 30 Sep 21 | 1,122 | 705 | 17 | 0 |
| 30 Jun 21 | 1,167 | 824 | 17 | 0 |
| 31 Mar 21 | 1,155 | 788 | 18 | 0 |
| 31 Dec 20 | 1,174 | 784 | 19 | 0 |
| 30 Sep 20 | 1,183 | 747 | 19 | 0 |
| 30 Jun 20 | 1,193 | 855 | 19 | 0 |
| 31 Mar 20 | 1,224 | 879 | 18 | 0 |
| 31 Dec 19 | 1,221 | 890 | 18 | 0 |
| 30 Sep 19 | 1,213 | 888 | 17 | 0 |
| 30 Jun 19 | 1,197 | 1,073 | 18 | 0 |
| 31 Mar 19 | 1,184 | 1,083 | 18 | 0 |
| 31 Dec 18 | 1,166 | 1,072 | 17 | 0 |
| 30 Sep 18 | 1,144 | 1,059 | 18 | 0 |
| 30 Jun 18 | 1,127 | 684 | 17 | 0 |
| 31 Mar 18 | 1,110 | 662 | 17 | 0 |
| 31 Dec 17 | 1,101 | 656 | 17 | 0 |
| 30 Sep 17 | 1,093 | 647 | 17 | 0 |
| 30 Sep 16 | 1,079 | 489 | 17 | 0 |
Quality Earnings: GVREIT has a large one-off loss of THB156.7M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: GVREIT's current net profit margins (48.8%) are lower than last year (56.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GVREIT's earnings have declined by 12.5% per year over the past 5 years.
Accelerating Growth: GVREIT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GVREIT had negative earnings growth (-11.8%) over the past year, making it difficult to compare to the Office REITs industry average (-11.8%).
Return on Equity
High ROE: GVREIT's Return on Equity (6.3%) is considered low.