Mercan Kimya Sanayi Ve Ticaret Anonim Sirketi Past Earnings Performance
Past criteria checks 2/6
Mercan Kimya Sanayi Ve Ticaret Anonim Sirketi has been growing earnings at an average annual rate of 6.9%, while the Chemicals industry saw earnings growing at 34% annually. Revenues have been growing at an average rate of 28.5% per year. Mercan Kimya Sanayi Ve Ticaret Anonim Sirketi's return on equity is 7.4%, and it has net margins of 6.3%.
Key information
6.9%
Earnings growth rate
1.6%
EPS growth rate
| Chemicals Industry Growth | 50.0% |
| Revenue growth rate | 28.5% |
| Return on equity | 7.4% |
| Net Margin | 6.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Mercan Kimya Sanayi Ve Ticaret Anonim Sirketi 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 | 1,890 | 119 | 229 | 16 |
| 30 Jun 24 | 2,077 | 109 | 229 | 14 |
| 31 Mar 24 | 2,369 | 177 | 230 | 13 |
| 31 Dec 23 | 2,412 | 61 | 229 | 12 |
| 30 Sep 23 | 3,797 | -127 | 344 | 16 |
| 30 Jun 23 | 3,671 | -130 | 324 | 16 |
| 31 Mar 23 | 3,303 | -24 | 285 | 14 |
| 31 Dec 22 | 2,840 | 101 | 230 | 12 |
| 30 Sep 22 | 1,344 | 253 | 100 | 4 |
| 31 Dec 21 | 666 | 122 | 51 | 2 |
| 31 Dec 20 | 326 | 31 | 34 | 1 |
| 31 Dec 19 | 213 | 11 | 24 | 2 |
Quality Earnings: MERCN has a large one-off gain of TRY115.3M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: MERCN became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MERCN's earnings have grown by 6.9% per year over the past 5 years.
Accelerating Growth: MERCN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MERCN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (-23.2%).
Return on Equity
High ROE: MERCN's Return on Equity (7.4%) is considered low.