MFC Patong Heritage Property Fund Past Earnings Performance
Past criteria checks 2/6
MFC Patong Heritage Property Fund has been growing earnings at an average annual rate of 49.6%, while the Hotel and Resort REITs industry saw earnings growing at 32.3% annually. Revenues have been declining at an average rate of 51.3% per year. MFC Patong Heritage Property Fund's return on equity is 2.3%, and it has net margins of 100.9%.
Key information
49.6%
Earnings growth rate
50.2%
EPS growth rate
| Hotel and Resort REITs Industry Growth | 10.2% |
| Revenue growth rate | -51.3% |
| Return on equity | 2.3% |
| Net Margin | 100.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How MFC Patong Heritage Property Fund 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 | 14 | 14 | 1 | 0 |
| 30 Jun 24 | 13 | -24 | 1 | 0 |
| 31 Mar 24 | 12 | -17 | 1 | 0 |
| 31 Dec 23 | 4 | -24 | 1 | 0 |
| 30 Sep 23 | 1 | -27 | 1 | 0 |
| 30 Jun 23 | 1 | 96 | 1 | 0 |
| 31 Mar 23 | 0 | 96 | 1 | 0 |
| 31 Dec 22 | 0 | 96 | 1 | 0 |
| 30 Sep 22 | 0 | 96 | 1 | 0 |
| 30 Jun 22 | 0 | -85 | 1 | 0 |
| 31 Mar 22 | 0 | -85 | 1 | 0 |
| 31 Dec 21 | 0 | -85 | 1 | 0 |
| 30 Sep 21 | 0 | -85 | 1 | 0 |
| 30 Jun 21 | 0 | -227 | 1 | 0 |
| 31 Mar 21 | -1 | -229 | 1 | 0 |
| 31 Dec 20 | 4 | -225 | 1 | 0 |
| 30 Sep 20 | 7 | -223 | 1 | 0 |
| 30 Jun 20 | 8 | -190 | 1 | 0 |
| 31 Mar 20 | 26 | -199 | 1 | 0 |
| 31 Dec 19 | 43 | -182 | 1 | 0 |
| 30 Sep 19 | 62 | -163 | 1 | 0 |
| 30 Jun 19 | 83 | 51 | 1 | 0 |
| 31 Mar 19 | 88 | 79 | 1 | 0 |
| 31 Dec 18 | 88 | 79 | 1 | 0 |
| 30 Sep 18 | 88 | 79 | 1 | 0 |
| 30 Jun 18 | 87 | 79 | 1 | 0 |
| 31 Mar 18 | 87 | 91 | 1 | 0 |
| 31 Dec 17 | 87 | 101 | 1 | 0 |
| 30 Sep 17 | 87 | 101 | 1 | 0 |
| 30 Jun 17 | 87 | 101 | 1 | 0 |
| 31 Mar 17 | 87 | 92 | 1 | 0 |
| 31 Dec 16 | 87 | 82 | 1 | 0 |
| 30 Sep 16 | 87 | 82 | 1 | 0 |
| 30 Jun 16 | 87 | 82 | 1 | 0 |
| 31 Mar 16 | 87 | 79 | 1 | 0 |
| 31 Dec 15 | 87 | 77 | 1 | 0 |
| 31 Dec 14 | 83 | 78 | 1 | 0 |
Quality Earnings: M-PAT has a large one-off gain of THB4.0M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: M-PAT became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: M-PAT has become profitable over the past 5 years, growing earnings by 49.6% per year.
Accelerating Growth: M-PAT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: M-PAT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hotel and Resort REITs industry (-5.8%).
Return on Equity
High ROE: M-PAT's Return on Equity (2.3%) is considered low.