Quality Houses Leasehold Property Fund Past Earnings Performance

Past criteria checks 0/6

Quality Houses Leasehold Property Fund's earnings have been declining at an average annual rate of -49.5%, while the Office REITs industry saw earnings declining at 12.7% annually. Revenues have been declining at an average rate of 5.1% per year. Quality Houses Leasehold Property Fund's return on equity is 0.6%, and it has net margins of 4.4%.

Key information

-49.5%

Earnings growth rate

-49.6%

EPS growth rate

Office REITs Industry Growth	-12.5%
Revenue growth rate	-5.1%
Return on equity	0.6%
Net Margin	4.4%
Last Earnings Update	30 Sep 2024

Recent past performance updates

No updates

Recent updates

No updates

Revenue & Expenses Breakdown

How Quality Houses Leasehold Property Fund makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SET:QHBREIT Revenue, expenses and earnings (THB Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	1,021	45	102
30 Jun 24	1,022	56	103
31 Mar 24	1,035	61	109
31 Dec 23	1,021	66	112
30 Sep 23	1,018	84	116
30 Jun 23	1,007	141	113
31 Mar 23	981	198	105
31 Dec 22	1,010	267	99
30 Sep 22	1,014	86	93
30 Jun 22	1,026	136	88
31 Mar 22	1,060	174	85
31 Dec 21	1,070	192	85
30 Sep 21	1,100	767	88
30 Jun 21	1,136	805	89
31 Mar 21	1,157	716	91
31 Dec 20	1,184	751	97
30 Sep 20	1,209	714	99
30 Jun 20	1,231	728	100
31 Mar 20	1,250	869	111
31 Dec 19	1,251	897	97
30 Sep 19	1,244	929	96
30 Jun 19	1,234	909	95
31 Mar 19	1,218	892	85
31 Dec 18	1,207	879	92
30 Sep 18	1,193	906	91
30 Jun 18	1,181	893	93
31 Mar 18	1,173	884	92
31 Dec 17	1,165	869	92
30 Sep 17	1,160	820	90
30 Jun 17	1,151	817	91
31 Mar 17	1,138	806	93
31 Dec 16	1,117	785	92
30 Sep 16	1,108	705	100
30 Jun 16	1,100	679	103
31 Mar 16	1,096	676	103
31 Dec 15	1,096	681	107
30 Sep 15	1,088	731	105
30 Jun 15	1,077	724	106
31 Mar 15	1,064	705	108
31 Dec 14	1,056	698	108
30 Sep 14	1,046	609	106
30 Jun 14	1,036	611	103
31 Mar 14	1,024	603	105
31 Dec 13	1,004	584	103

Quality Earnings: QHBREIT has a large one-off loss of THB588.8M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: QHBREIT's current net profit margins (4.4%) are lower than last year (8.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: QHBREIT's earnings have declined by 49.5% per year over the past 5 years.

Accelerating Growth: QHBREIT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: QHBREIT had negative earnings growth (-46%) over the past year, making it difficult to compare to the Office REITs industry average (-6.4%).

Return on Equity

High ROE: QHBREIT's Return on Equity (0.6%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 11:44
End of Day Share Price	2024/12/19 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Quality Houses Leasehold Property Fund is covered by 2 analysts. 1 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
null null	DBS Bank Ltd
Kasemsun Koonnara	UOB Kay Hian Research Pte Ltd