Çan2 Termik Past Earnings Performance
Past criteria checks 1/6
Çan2 Termik has been growing earnings at an average annual rate of 57.3%, while the Electric Utilities industry saw earnings growing at 64.3% annually. Revenues have been growing at an average rate of 50.8% per year. Çan2 Termik's return on equity is 2.7%, and it has net margins of 7.7%.
Key information
57.3%
Earnings growth rate
65.2%
EPS growth rate
| Electric Utilities Industry Growth | 70.4% |
| Revenue growth rate | 50.8% |
| Return on equity | 2.7% |
| Net Margin | 7.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Çan2 Termik 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 |
|---|---|---|---|---|
| 31 Dec 23 | 5,831 | 447 | 184 | 0 |
| 30 Sep 23 | 6,091 | 1,552 | 88 | 0 |
| 30 Jun 23 | 5,978 | 1,769 | 58 | 0 |
| 31 Mar 23 | 6,132 | 2,195 | 47 | 0 |
| 31 Dec 22 | 11,400 | 2,608 | 111 | 0 |
| 30 Sep 22 | 3,584 | 1,611 | 37 | 0 |
| 30 Jun 22 | 2,681 | 912 | 34 | 0 |
| 31 Mar 22 | 1,862 | 393 | 34 | 0 |
| 31 Dec 21 | 1,193 | -181 | 25 | 0 |
| 30 Sep 21 | 1,050 | 175 | 28 | 0 |
| 30 Jun 21 | 874 | 19 | 30 | 0 |
| 31 Mar 21 | 794 | -44 | 27 | 0 |
| 31 Dec 20 | 740 | 37 | 28 | 0 |
| 31 Dec 19 | 742 | -148 | 16 | 0 |
| 31 Dec 18 | 234 | -98 | 8 | 0 |
Quality Earnings: CANTE has a large one-off loss of TRY99.3M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: CANTE's current net profit margins (7.7%) are lower than last year (22.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CANTE has become profitable over the past 5 years, growing earnings by 57.3% per year.
Accelerating Growth: CANTE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CANTE had negative earnings growth (-82.9%) over the past year, making it difficult to compare to the Electric Utilities industry average (-30.6%).
Return on Equity
High ROE: CANTE's Return on Equity (2.7%) is considered low.