Forest Water Environmental Engineering Past Earnings Performance
Past criteria checks 1/6
Forest Water Environmental Engineering's earnings have been declining at an average annual rate of -34%, while the Commercial Services industry saw earnings growing at 17.6% annually. Revenues have been declining at an average rate of 6.5% per year. Forest Water Environmental Engineering's return on equity is 4.4%, and it has net margins of 6.4%.
Key information
-34.0%
Earnings growth rate
-35.2%
EPS growth rate
| Commercial Services Industry Growth | 7.7% |
| Revenue growth rate | -6.5% |
| Return on equity | 4.4% |
| Net Margin | 6.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
We Think That There Are Some Issues For Forest Water Environmental Engineering (TWSE:8473) Beyond Its Promising Earnings
Nov 22
Revenues Not Telling The Story For Forest Water Environmental Engineering Co., Ltd. (TWSE:8473) After Shares Rise 29%
Jul 19Slowing Rates Of Return At Forest Water Environmental Engineering (TWSE:8473) Leave Little Room For Excitement
Jun 18Concerns Surrounding Forest Water Environmental Engineering's (TWSE:8473) Performance
Apr 05Revenues Working Against Forest Water Environmental Engineering Co., Ltd.'s (TWSE:8473) Share Price
Mar 21Should You Buy Forest Water Environmental Engineering Co., Ltd. (TPE:8473) For Its Dividend?
Feb 25Is Forest Water Environmental Engineering (TPE:8473) Using Too Much Debt?
Jan 21
Forest Water Environmental Engineering Co., Ltd. (TPE:8473) Stock's On A Decline: Are Poor Fundamentals The Cause?
Dec 16Is Forest Water Environmental Engineering (TPE:8473) Likely To Turn Things Around?
Nov 18Revenue & Expenses Breakdown
How Forest Water Environmental Engineering 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 | 3,062 | 197 | 235 | 0 |
| 30 Jun 24 | 3,096 | 235 | 228 | 0 |
| 31 Mar 24 | 3,475 | 190 | 221 | 0 |
| 31 Dec 23 | 3,680 | 40 | 212 | 0 |
| 30 Sep 23 | 3,959 | -96 | 214 | 0 |
| 30 Jun 23 | 4,030 | -410 | 220 | 0 |
| 31 Mar 23 | 4,081 | -380 | 214 | 0 |
| 31 Dec 22 | 3,923 | -273 | 227 | 0 |
| 30 Sep 22 | 3,898 | -153 | 220 | 0 |
| 30 Jun 22 | 3,808 | 182 | 216 | 1 |
| 31 Mar 22 | 3,576 | 135 | 214 | 1 |
| 31 Dec 21 | 3,962 | 196 | 208 | 1 |
| 30 Sep 21 | 4,072 | 104 | 205 | 1 |
| 30 Jun 21 | 4,273 | 73 | 198 | 1 |
| 31 Mar 21 | 4,570 | 175 | 208 | 3 |
| 31 Dec 20 | 4,487 | 155 | 204 | 3 |
| 30 Sep 20 | 4,331 | 312 | 190 | 4 |
| 30 Jun 20 | 4,409 | 356 | 201 | 4 |
| 31 Mar 20 | 4,470 | 388 | 207 | 2 |
| 31 Dec 19 | 4,447 | 305 | 216 | 4 |
| 30 Sep 19 | 4,780 | 300 | 246 | 4 |
| 30 Jun 19 | 4,769 | 325 | 244 | 6 |
| 31 Mar 19 | 4,597 | 303 | 222 | 7 |
| 31 Dec 18 | 4,538 | 367 | 200 | 6 |
| 30 Sep 18 | 4,015 | 390 | 177 | 6 |
| 30 Jun 18 | 3,551 | 378 | 151 | 8 |
| 31 Mar 18 | 3,098 | 378 | 142 | 9 |
| 31 Dec 17 | 2,751 | 412 | 134 | 11 |
| 30 Sep 17 | 2,584 | 443 | 109 | 12 |
| 30 Jun 17 | 2,511 | 467 | 111 | 13 |
| 31 Mar 17 | 2,392 | 497 | 116 | 16 |
| 31 Dec 16 | 2,270 | 488 | 113 | 13 |
| 30 Sep 16 | 2,110 | 412 | 134 | 13 |
| 30 Jun 16 | 1,861 | 392 | 126 | 8 |
| 31 Mar 16 | 1,726 | 371 | 117 | 5 |
| 31 Dec 15 | 1,558 | 344 | 103 | 5 |
| 30 Sep 15 | 1,370 | 338 | 95 | 4 |
| 30 Jun 15 | 1,426 | 303 | 103 | 2 |
| 31 Mar 15 | 1,480 | 309 | 106 | 1 |
| 31 Dec 14 | 1,503 | 301 | 119 | 0 |
| 30 Sep 14 | 1,553 | 334 | 104 | 0 |
| 30 Jun 14 | 1,602 | 367 | 88 | 0 |
| 31 Mar 14 | 1,546 | 377 | 76 | 0 |
Quality Earnings: 8473 has a large one-off gain of NT$82.5M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 8473 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 8473's earnings have declined by 34% per year over the past 5 years.
Accelerating Growth: 8473 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 8473 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (-4.3%).
Return on Equity
High ROE: 8473's Return on Equity (4.4%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 19:18 |
| End of Day Share Price | 2025/01/22 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Forest Water Environmental Engineering Co., Ltd. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jihong Lai | Capital Securities Corporation |
| Tsu-ying Lin | Jih Sun Securities Investment Consulting Co., Ltd. |
| Zhilong Yen | Masterlink Securities Corp. |