Hwa Fong Rubber Industrial Past Earnings Performance
Past criteria checks 4/6
Hwa Fong Rubber Industrial has been growing earnings at an average annual rate of 41.4%, while the Auto Components industry saw earnings growing at 14.1% annually. Revenues have been declining at an average rate of 0.2% per year. Hwa Fong Rubber Industrial's return on equity is 10.6%, and it has net margins of 9%.
Key information
41.4%
Earnings growth rate
41.4%
EPS growth rate
| Auto Components Industry Growth | 12.8% |
| Revenue growth rate | -0.2% |
| Return on equity | 10.6% |
| Net Margin | 9.0% |
| Next Earnings Update | 08 May 2024 |
Recent past performance updates
Recent updates
Hwa Fong Rubber Industrial's (TWSE:2109) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 23
We Think That There Are Some Issues For Hwa Fong Rubber Industrial (TWSE:2109) Beyond Its Promising Earnings
Mar 21These 4 Measures Indicate That Hwa Fong Rubber Industrial (TWSE:2109) Is Using Debt Reasonably Well
Mar 13Hwa Fong Rubber Ind. Co., Ltd.'s (TPE:2109) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Mar 13The Trends At Hwa Fong Rubber Ind (TPE:2109) That You Should Know About
Feb 15Are Hwa Fong Rubber Ind's (TPE:2109) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 25
Update: Hwa Fong Rubber Ind (TPE:2109) Stock Gained 34% In The Last Five Years
Jan 04Does Hwa Fong Rubber Ind (TPE:2109) Have A Healthy Balance Sheet?
Dec 14Hwa Fong Rubber Ind. Co., Ltd.'s (TPE:2109) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Nov 23Revenue & Expenses BreakdownBeta
How Hwa Fong Rubber Industrial 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 | 4,674 | 422 | 547 | 24 |
| 30 Sep 23 | 4,759 | 316 | 515 | 25 |
| 30 Jun 23 | 4,903 | 334 | 530 | 26 |
| 31 Mar 23 | 5,052 | 262 | 463 | 28 |
| 31 Dec 22 | 5,414 | 294 | 473 | 32 |
| 30 Sep 22 | 5,720 | 361 | 504 | 35 |
| 30 Jun 22 | 5,649 | 288 | 487 | 36 |
| 31 Mar 22 | 5,675 | 346 | 502 | 38 |
| 31 Dec 21 | 5,541 | 362 | 514 | 39 |
| 30 Sep 21 | 5,391 | 439 | 561 | 38 |
| 30 Jun 21 | 5,462 | 510 | 564 | 38 |
| 31 Mar 21 | 5,025 | 441 | 529 | 36 |
| 31 Dec 20 | 4,883 | 372 | 519 | 35 |
| 30 Sep 20 | 4,822 | 261 | 504 | 37 |
| 30 Jun 20 | 4,888 | 82 | 528 | 38 |
| 31 Mar 20 | 5,212 | 53 | 546 | 38 |
| 31 Dec 19 | 5,265 | 11 | 572 | 38 |
| 30 Sep 19 | 5,197 | -31 | 616 | 36 |
| 30 Jun 19 | 5,143 | -149 | 683 | 36 |
| 31 Mar 19 | 5,160 | -267 | 779 | 40 |
| 31 Dec 18 | 5,256 | -253 | 843 | 41 |
| 30 Sep 18 | 5,326 | -1,242 | 880 | 43 |
| 30 Jun 18 | 5,419 | -1,097 | 915 | 44 |
| 31 Mar 18 | 5,578 | -970 | 946 | 44 |
| 31 Dec 17 | 5,743 | -976 | 945 | 45 |
| 30 Sep 17 | 5,801 | -81 | 952 | 43 |
| 30 Jun 17 | 5,845 | -26 | 937 | 44 |
| 31 Mar 17 | 5,947 | -6 | 1,068 | 44 |
| 31 Dec 16 | 6,034 | 43 | 1,079 | 43 |
| 30 Sep 16 | 6,044 | 138 | 1,029 | 45 |
| 30 Jun 16 | 6,147 | 106 | 1,030 | 45 |
| 31 Mar 16 | 6,274 | 116 | 886 | 45 |
| 31 Dec 15 | 6,462 | 105 | 892 | 44 |
| 30 Sep 15 | 6,794 | 654 | 966 | 45 |
| 30 Jun 15 | 6,940 | 757 | 972 | 45 |
| 31 Mar 15 | 6,961 | 776 | 963 | 43 |
| 31 Dec 14 | 6,861 | 791 | 969 | 42 |
| 30 Sep 14 | 6,934 | 328 | 990 | 40 |
| 30 Jun 14 | 7,054 | 327 | 991 | 38 |
| 31 Mar 14 | 7,282 | 340 | 985 | 39 |
| 31 Dec 13 | 7,475 | 326 | 957 | 39 |
| 30 Sep 13 | 7,949 | 140 | 906 | 40 |
| 30 Jun 13 | 7,508 | 11 | 870 | 42 |
Quality Earnings: 2109 has a large one-off gain of NT$367.6M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 2109's current net profit margins (9%) are higher than last year (5.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2109 has become profitable over the past 5 years, growing earnings by 41.4% per year.
Accelerating Growth: 2109's earnings growth over the past year (43.4%) exceeds its 5-year average (41.4% per year).
Earnings vs Industry: 2109 earnings growth over the past year (43.4%) exceeded the Auto Components industry 4.5%.
Return on Equity
High ROE: 2109's Return on Equity (10.6%) is considered low.