Millennium Group Corporation (Asia) Past Earnings Performance
Past criteria checks 2/6
Millennium Group (Asia) has been growing earnings at an average annual rate of 1.7%, while the Specialty Retail industry saw earnings growing at 7.8% annually. Revenues have been declining at an average rate of 8% per year. Millennium Group (Asia)'s return on equity is 3%, and it has net margins of 0.5%.
Key information
1.7%
Earnings growth rate
-10.9%
EPS growth rate
| Specialty Retail Industry Growth | 7.6% |
| Revenue growth rate | -8.0% |
| Return on equity | 3.0% |
| Net Margin | 0.5% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Millennium Group Corporation (Asia) 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 | 22,681 | 112 | 1,629 | 0 |
| 31 Mar 24 | 24,273 | 179 | 1,678 | 0 |
| 31 Dec 23 | 25,130 | 270 | 1,690 | 0 |
| 30 Sep 23 | 24,858 | 521 | 1,660 | 0 |
| 30 Jun 23 | 24,647 | 631 | 1,608 | 0 |
| 31 Mar 23 | 23,905 | 621 | 1,535 | 0 |
| 31 Dec 22 | 23,066 | 603 | 1,493 | 0 |
| 31 Mar 22 | 22,003 | 436 | 20,396 | 0 |
| 31 Dec 21 | 22,154 | 317 | 20,409 | 0 |
| 31 Dec 20 | 21,282 | 118 | 19,573 | 0 |
Quality Earnings: MGC has high quality earnings.
Growing Profit Margin: MGC's current net profit margins (0.5%) are lower than last year (2.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MGC's earnings have grown by 1.7% per year over the past 5 years.
Accelerating Growth: MGC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MGC had negative earnings growth (-82.3%) over the past year, making it difficult to compare to the Specialty Retail industry average (6.6%).
Return on Equity
High ROE: MGC's Return on Equity (3%) is considered low.