TongHwa Past Earnings Performance
Past criteria checks 4/6
TongHwa has been growing earnings at an average annual rate of 40.7%, while the Luxury industry saw earnings growing at 4.7% annually. Revenues have been declining at an average rate of 66.6% per year. TongHwa's return on equity is 3.1%, and it has net margins of 194.2%.
Key information
40.7%
Earnings growth rate
40.7%
EPS growth rate
| Luxury Industry Growth | 8.2% |
| Revenue growth rate | -66.6% |
| Return on equity | 3.1% |
| Net Margin | 194.2% |
| Last Earnings Update | 31 Dec 2023 |
Revenue & Expenses BreakdownBeta
How TongHwa 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 | 21 | 40 | 78 | 0 |
| 30 Sep 23 | 26 | 29 | 76 | 0 |
| 30 Jun 23 | 24 | 24 | 76 | 0 |
| 31 Mar 23 | 26 | 26 | 76 | 0 |
| 31 Dec 22 | 21 | 22 | 76 | 0 |
| 30 Sep 22 | 15 | -23 | 69 | 0 |
| 30 Jun 22 | 21 | -29 | 65 | 0 |
| 31 Mar 22 | 32 | -52 | 59 | 0 |
| 31 Dec 21 | 39 | -169 | 63 | 0 |
| 30 Sep 21 | 64 | -269 | 64 | 0 |
| 30 Jun 21 | 73 | -297 | 65 | 1 |
| 31 Mar 21 | 79 | -313 | 65 | 1 |
| 31 Dec 20 | 100 | -228 | 59 | 3 |
| 30 Sep 20 | 103 | -245 | 58 | 5 |
| 30 Jun 20 | 125 | -246 | 60 | 7 |
| 31 Mar 20 | 163 | -233 | 61 | 9 |
| 31 Dec 19 | 212 | -214 | 63 | 9 |
| 30 Sep 19 | 259 | -220 | 65 | 9 |
| 30 Jun 19 | 360 | -216 | 68 | 9 |
| 31 Mar 19 | 581 | -199 | 73 | 9 |
| 31 Dec 18 | 653 | -218 | 78 | 9 |
| 30 Sep 18 | 978 | -238 | 87 | 9 |
| 30 Jun 18 | 1,151 | -265 | 96 | 9 |
| 31 Mar 18 | 1,365 | -323 | 111 | 9 |
| 31 Dec 17 | 1,638 | -322 | 126 | 10 |
| 30 Sep 17 | 1,665 | -303 | 139 | 10 |
| 30 Jun 17 | 1,744 | -277 | 150 | 10 |
| 31 Mar 17 | 1,640 | -214 | 151 | 10 |
| 31 Dec 16 | 1,712 | -181 | 160 | 10 |
| 30 Sep 16 | 1,693 | -184 | 163 | 10 |
| 30 Jun 16 | 1,604 | -148 | 158 | 10 |
| 31 Mar 16 | 1,632 | -144 | 155 | 10 |
| 31 Dec 15 | 1,454 | -180 | 143 | 10 |
| 30 Sep 15 | 1,597 | -175 | 144 | 11 |
| 30 Jun 15 | 1,791 | -196 | 149 | 11 |
| 31 Mar 15 | 1,910 | -180 | 154 | 12 |
| 31 Dec 14 | 2,009 | -160 | 157 | 12 |
| 30 Sep 14 | 2,135 | -124 | 165 | 12 |
| 30 Jun 14 | 2,235 | -110 | 172 | 12 |
| 31 Mar 14 | 2,093 | -139 | 164 | 12 |
| 31 Dec 13 | 2,146 | -122 | 167 | 12 |
| 30 Sep 13 | 1,936 | -113 | 152 | 12 |
| 30 Jun 13 | 1,830 | -181 | 148 | 12 |
Quality Earnings: 1418 has a large one-off gain of NT$153.2M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 1418's current net profit margins are higher than last year .
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1418 has become profitable over the past 5 years, growing earnings by 40.7% per year.
Accelerating Growth: 1418's earnings growth over the past year (83.3%) exceeds its 5-year average (40.7% per year).
Earnings vs Industry: 1418 earnings growth over the past year (83.3%) exceeded the Luxury industry -31.3%.
Return on Equity
High ROE: 1418's Return on Equity (3.1%) is considered low.