Millionaire Property Fund Past Earnings Performance
Past criteria checks 0/6
Millionaire Property Fund's earnings have been declining at an average annual rate of -15.5%, while the Office REITs industry saw earnings declining at 14.7% annually. Revenues have been declining at an average rate of 6.7% per year. Millionaire Property Fund's return on equity is 3.4%, and it has net margins of 33.6%.
Key information
-15.5%
Earnings growth rate
-15.5%
EPS growth rate
| Office REITs Industry Growth | -12.5% |
| Revenue growth rate | -6.7% |
| Return on equity | 3.4% |
| Net Margin | 33.6% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses Breakdown
How Millionaire 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 Jun 24 | 242 | 81 | 2 | 0 |
| 31 Mar 24 | 243 | 92 | 2 | 0 |
| 31 Dec 23 | 243 | 89 | 2 | 0 |
| 30 Sep 23 | 242 | 87 | 2 | 0 |
| 30 Jun 23 | 241 | 117 | 2 | 0 |
| 31 Mar 23 | 244 | 119 | 2 | 0 |
| 31 Dec 22 | 241 | 119 | 2 | 0 |
| 30 Sep 22 | 239 | 117 | 2 | 0 |
| 30 Jun 22 | 232 | 54 | 2 | 0 |
| 31 Mar 22 | 223 | 40 | 2 | 0 |
| 31 Dec 21 | 234 | 50 | 2 | 0 |
| 30 Sep 21 | 247 | 62 | 2 | 0 |
| 30 Jun 21 | 266 | 147 | 3 | 0 |
| 31 Mar 21 | 279 | 164 | 2 | 0 |
| 31 Dec 20 | 284 | 168 | 2 | 0 |
| 30 Sep 20 | 286 | 162 | 2 | 0 |
| 30 Jun 20 | 287 | 151 | 2 | 0 |
| 31 Mar 20 | 313 | 150 | 2 | 0 |
| 31 Dec 19 | 315 | 144 | 2 | 0 |
| 30 Sep 19 | 318 | 153 | 3 | 0 |
| 30 Jun 19 | 320 | 191 | 3 | 0 |
| 31 Mar 19 | 327 | 191 | 3 | 0 |
| 31 Dec 18 | 332 | 204 | 3 | 0 |
| 30 Sep 18 | 336 | 208 | 2 | 0 |
| 30 Jun 18 | 339 | 211 | 2 | 0 |
| 31 Mar 18 | 342 | 220 | 2 | 0 |
| 31 Dec 17 | 343 | 221 | 2 | 0 |
| 30 Sep 17 | 347 | 224 | 2 | 0 |
| 30 Jun 17 | 349 | 219 | 2 | 0 |
| 31 Mar 17 | 346 | 224 | 2 | 0 |
| 31 Dec 16 | 351 | 226 | 2 | 0 |
| 30 Sep 16 | 354 | 228 | 2 | 0 |
| 30 Jun 16 | 357 | 248 | 2 | 0 |
| 31 Mar 16 | 357 | 250 | 2 | 0 |
| 31 Dec 15 | 357 | 252 | 2 | 0 |
| 30 Sep 15 | 355 | 252 | 2 | 0 |
| 30 Jun 15 | 351 | 229 | 2 | 0 |
| 31 Mar 15 | 343 | 222 | 2 | 0 |
| 31 Dec 14 | 333 | 213 | 2 | 0 |
| 30 Sep 14 | 323 | 205 | 3 | 0 |
| 30 Jun 14 | 317 | 192 | 3 | 0 |
| 31 Mar 14 | 312 | 197 | 2 | 0 |
| 31 Dec 13 | 308 | 192 | 2 | 0 |
| 30 Sep 13 | 311 | 189 | 2 | 0 |
Quality Earnings: MIPF has a large one-off loss of THB45.0M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: MIPF's current net profit margins (33.6%) are lower than last year (48.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MIPF's earnings have declined by 15.5% per year over the past 5 years.
Accelerating Growth: MIPF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MIPF had negative earnings growth (-30.4%) over the past year, making it difficult to compare to the Office REITs industry average (-11.2%).
Return on Equity
High ROE: MIPF's Return on Equity (3.4%) is considered low.