Nankang Rubber TireLtd Past Earnings Performance
Past criteria checks 2/6
Nankang Rubber TireLtd's earnings have been declining at an average annual rate of -14.7%, while the Auto Components industry saw earnings growing at 19.7% annually. Revenues have been declining at an average rate of 3.4% per year. Nankang Rubber TireLtd's return on equity is 23.6%, and it has net margins of 21.5%.
Key information
-14.7%
Earnings growth rate
-15.5%
EPS growth rate
| Auto Components Industry Growth | 12.8% |
| Revenue growth rate | -3.4% |
| Return on equity | 23.6% |
| Net Margin | 21.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Nankang Rubber Tire Corp.,Ltd.'s (TWSE:2101) Business Is Yet to Catch Up With Its Share Price
Nov 14
Is Nankang Rubber TireLtd (TWSE:2101) Using Too Much Debt?
Oct 14Unpleasant Surprises Could Be In Store For Nankang Rubber Tire Corp.,Ltd.'s (TWSE:2101) Shares
Aug 06The Returns At Nankang Rubber TireLtd (TWSE:2101) Aren't Growing
Jun 30Subdued Growth No Barrier To Nankang Rubber Tire Corp.,Ltd. (TWSE:2101) With Shares Advancing 29%
Apr 19Nankang Rubber TireLtd (TWSE:2101) Has A Somewhat Strained Balance Sheet
Apr 11There May Be Underlying Issues With The Quality Of Nankang Rubber TireLtd's (TWSE:2101) Earnings
Mar 21Is Nankang Rubber Tire Corp.,Ltd. (TPE:2101) A Good Dividend Stock?
Mar 30Nankang Rubber TireLtd (TPE:2101) Has A Pretty Healthy Balance Sheet
Mar 15Will Nankang Rubber TireLtd (TPE:2101) Multiply In Value Going Forward?
Mar 01The Nankang Rubber TireLtd (TPE:2101) Share Price Is Up 49% And Shareholders Are Holding On
Feb 11Is Nankang Rubber Tire Corp.,Ltd. (TPE:2101) A High Quality Stock To Own?
Jan 27
What Kind Of Shareholders Hold The Majority In Nankang Rubber Tire Corp.,Ltd.'s (TPE:2101) Shares?
Jan 12What To Know Before Buying Nankang Rubber Tire Corp.,Ltd. (TPE:2101) For Its Dividend
Dec 28Here's Why Nankang Rubber TireLtd (TPE:2101) Can Manage Its Debt Responsibly
Dec 13Revenue & Expenses Breakdown
How Nankang Rubber TireLtd 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 | 15,116 | 3,243 | 1,237 | 83 |
| 30 Jun 24 | 8,455 | 635 | 1,114 | 81 |
| 31 Mar 24 | 8,113 | 195 | 1,068 | 78 |
| 31 Dec 23 | 7,852 | 134 | 1,034 | 78 |
| 30 Sep 23 | 7,403 | -443 | 1,012 | 79 |
| 30 Jun 23 | 7,119 | -515 | 1,090 | 79 |
| 31 Mar 23 | 7,320 | -785 | 1,216 | 78 |
| 31 Dec 22 | 7,412 | -1,024 | 1,407 | 77 |
| 30 Sep 22 | 7,675 | -1,077 | 1,584 | 75 |
| 30 Jun 22 | 8,008 | -1,147 | 1,872 | 82 |
| 31 Mar 22 | 7,681 | -742 | 2,007 | 102 |
| 31 Dec 21 | 8,078 | -243 | 2,053 | 108 |
| 30 Sep 21 | 8,876 | 468 | 2,034 | 114 |
| 30 Jun 21 | 9,662 | 842 | 1,713 | 110 |
| 31 Mar 21 | 9,702 | 1,178 | 1,415 | 94 |
| 31 Dec 20 | 9,695 | 844 | 1,207 | 94 |
| 30 Sep 20 | 9,716 | 794 | 1,130 | 100 |
| 30 Jun 20 | 9,447 | 984 | 1,098 | 102 |
| 31 Mar 20 | 10,574 | 791 | 1,192 | 110 |
| 31 Dec 19 | 11,112 | 1,136 | 1,232 | 111 |
| 30 Sep 19 | 10,960 | 1,010 | 1,185 | 103 |
| 30 Jun 19 | 10,837 | 619 | 1,182 | 102 |
| 31 Mar 19 | 10,817 | 369 | 1,149 | 97 |
| 31 Dec 18 | 10,445 | 183 | 1,107 | 100 |
| 30 Sep 18 | 10,576 | 297 | 1,097 | 99 |
| 30 Jun 18 | 10,937 | 385 | 1,095 | 96 |
| 31 Mar 18 | 10,975 | 458 | 1,095 | 92 |
| 31 Dec 17 | 11,326 | 633 | 1,115 | 85 |
| 30 Sep 17 | 11,260 | 631 | 1,167 | 83 |
| 30 Jun 17 | 10,844 | 771 | 1,161 | 81 |
| 31 Mar 17 | 10,760 | 1,061 | 1,189 | 86 |
| 31 Dec 16 | 10,319 | 1,026 | 1,160 | 87 |
| 30 Sep 16 | 10,254 | 1,096 | 1,118 | 87 |
| 30 Jun 16 | 10,340 | 1,074 | 1,133 | 89 |
| 31 Mar 16 | 10,323 | 892 | 1,111 | 84 |
| 31 Dec 15 | 10,870 | 810 | 1,150 | 83 |
| 30 Sep 15 | 11,030 | 646 | 1,187 | 90 |
| 30 Jun 15 | 11,223 | 397 | 1,234 | 88 |
| 31 Mar 15 | 12,007 | 283 | 1,299 | 90 |
| 31 Dec 14 | 12,357 | 335 | 1,315 | 91 |
| 30 Sep 14 | 12,791 | 491 | 1,330 | 97 |
| 30 Jun 14 | 13,452 | 753 | 1,308 | 108 |
| 31 Mar 14 | 13,423 | 619 | 1,247 | 111 |
| 31 Dec 13 | 13,142 | 459 | 1,210 | 114 |
Quality Earnings: 2101 has high quality earnings.
Growing Profit Margin: 2101 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2101's earnings have declined by 14.7% per year over the past 5 years.
Accelerating Growth: 2101 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 2101 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Auto Components industry (17.6%).
Return on Equity
High ROE: Whilst 2101's Return on Equity (23.64%) is high, this metric is skewed due to their high level of debt.