Ocean Plastics Past Earnings Performance
Past criteria checks 3/6
Ocean Plastics's earnings have been declining at an average annual rate of -10.5%, while the Chemicals industry saw earnings growing at 8.7% annually. Revenues have been growing at an average rate of 1.2% per year. Ocean Plastics's return on equity is 2.6%, and it has net margins of 3.3%.
Key information
-10.5%
Earnings growth rate
-10.5%
EPS growth rate
| Chemicals Industry Growth | 7.9% |
| Revenue growth rate | 1.2% |
| Return on equity | 2.6% |
| Net Margin | 3.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Solid Earnings May Not Tell The Whole Story For Ocean Plastics (TWSE:1321)
Nov 19
Ocean Plastics (TWSE:1321) Strong Profits May Be Masking Some Underlying Issues
Mar 24I Ran A Stock Scan For Earnings Growth And Ocean Plastics (TPE:1321) Passed With Ease
Apr 29Investors Will Want Ocean Plastics' (TPE:1321) Growth In ROCE To Persist
Apr 11These 4 Measures Indicate That Ocean Plastics (TPE:1321) Is Using Debt Reasonably Well
Mar 04Some Shareholders Feeling Restless Over Ocean Plastics Co., Ltd.'s (TPE:1321) P/E Ratio
Feb 11
Should Ocean Plastics (TPE:1321) Be Disappointed With Their 36% Profit?
Jan 23Do Ocean Plastics's (TPE:1321) Earnings Warrant Your Attention?
Jan 05Will Ocean Plastics' (TPE:1321) Growth In ROCE Persist?
Dec 21Ocean Plastics Co., Ltd. (TPE:1321) On An Uptrend: Could Fundamentals Be Driving The Stock?
Dec 03Revenue & Expenses Breakdown
How Ocean Plastics 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 | 4,774 | 158 | 390 | 18 |
| 30 Jun 24 | 4,861 | 231 | 376 | 18 |
| 31 Mar 24 | 4,695 | 179 | 355 | 17 |
| 31 Dec 23 | 4,915 | 193 | 363 | 15 |
| 30 Sep 23 | 4,927 | 81 | 364 | 15 |
| 30 Jun 23 | 5,283 | 118 | 415 | 15 |
| 31 Mar 23 | 6,065 | 103 | 484 | 16 |
| 31 Dec 22 | 6,506 | -43 | 546 | 15 |
| 30 Sep 22 | 6,852 | 59 | 596 | 15 |
| 30 Jun 22 | 7,027 | 116 | 582 | 14 |
| 31 Mar 22 | 6,728 | 55 | 535 | 13 |
| 31 Dec 21 | 6,490 | 319 | 506 | 11 |
| 30 Sep 21 | 6,220 | 474 | 463 | 11 |
| 30 Jun 21 | 5,998 | 479 | 435 | 9 |
| 31 Mar 21 | 5,432 | 663 | 405 | 9 |
| 31 Dec 20 | 4,980 | 374 | 359 | 9 |
| 30 Sep 20 | 4,784 | 227 | 325 | 8 |
| 30 Jun 20 | 4,604 | 195 | 315 | 8 |
| 31 Mar 20 | 4,711 | 48 | 319 | 8 |
| 31 Dec 19 | 4,657 | 118 | 315 | 8 |
| 30 Sep 19 | 4,691 | 80 | 302 | 7 |
| 30 Jun 19 | 4,550 | 17 | 297 | 6 |
| 31 Mar 19 | 4,614 | -35 | 306 | 6 |
| 31 Dec 18 | 4,776 | -26 | 322 | 5 |
| 30 Sep 18 | 4,716 | -42 | 334 | 6 |
| 30 Jun 18 | 4,778 | -7 | 345 | 7 |
| 31 Mar 18 | 4,598 | 28 | 337 | 7 |
| 31 Dec 17 | 4,467 | -81 | 327 | 7 |
| 30 Sep 17 | 4,349 | -87 | 332 | 8 |
| 30 Jun 17 | 4,367 | -141 | 329 | 9 |
| 31 Mar 17 | 4,420 | -88 | 340 | 9 |
| 31 Dec 16 | 4,363 | -15 | 342 | 9 |
| 30 Sep 16 | 4,253 | 18 | 335 | 10 |
| 30 Jun 16 | 4,274 | 28 | 340 | 9 |
| 31 Mar 16 | 4,319 | 36 | 339 | 10 |
| 31 Dec 15 | 4,596 | 37 | 348 | 10 |
| 30 Sep 15 | 4,804 | 17 | 352 | 9 |
| 30 Jun 15 | 4,994 | -91 | 362 | 10 |
| 31 Mar 15 | 5,354 | -142 | 373 | 10 |
| 31 Dec 14 | 5,366 | -145 | 371 | 10 |
| 30 Sep 14 | 5,730 | -119 | 384 | 10 |
| 30 Jun 14 | 5,866 | -22 | 383 | 10 |
| 31 Mar 14 | 5,952 | 13 | 387 | 9 |
| 31 Dec 13 | 5,890 | 13 | 382 | 9 |
Quality Earnings: 1321 has a large one-off gain of NT$109.2M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 1321's current net profit margins (3.3%) are higher than last year (1.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1321's earnings have declined by 10.5% per year over the past 5 years.
Accelerating Growth: 1321's earnings growth over the past year (94.9%) exceeds its 5-year average (-10.5% per year).
Earnings vs Industry: 1321 earnings growth over the past year (94.9%) exceeded the Chemicals industry 15.6%.
Return on Equity
High ROE: 1321's Return on Equity (2.6%) 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 | 2024/12/18 07:26 |
| End of Day Share Price | 2024/12/18 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 |
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| Ownership | 10 years |
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| Management | 10 years |
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| 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
Ocean Plastics Co., Ltd. is covered by 2 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 |
|---|---|
| Titan Horng | IBTS Investment Consulting Co., Ltd. |
| null null | Yuanta Research |