Formosan Rubber Group Past Earnings Performance
Past criteria checks 3/6
Formosan Rubber Group's earnings have been declining at an average annual rate of -5%, while the Chemicals industry saw earnings growing at 7.5% annually. Revenues have been declining at an average rate of 17.1% per year. Formosan Rubber Group's return on equity is 4.1%, and it has net margins of 38.5%.
Key information
-5.0%
Earnings growth rate
-5.2%
EPS growth rate
| Chemicals Industry Growth | 7.9% |
| Revenue growth rate | -17.1% |
| Return on equity | 4.1% |
| Net Margin | 38.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Formosan Rubber Group's (TWSE:2107) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 02
Here's What To Make Of Formosan Rubber Group's (TPE:2107) Decelerating Rates Of Return
Mar 24These 4 Measures Indicate That Formosan Rubber Group (TPE:2107) Is Using Debt Safely
Feb 14Is Formosan Rubber Group Inc. (TPE:2107) An Attractive Dividend Stock?
Jan 28Shareholders Of Formosan Rubber Group (TPE:2107) Must Be Happy With Their 71% Return
Jan 11Should We Be Excited About The Trends Of Returns At Formosan Rubber Group (TPE:2107)?
Dec 24
Formosan Rubber Group's (TPE:2107) Earnings Are Growing But Is There More To The Story?
Dec 04Revenue & Expenses Breakdown
How Formosan Rubber Group 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 | 1,429 | 550 | 213 | 10 |
| 30 Jun 24 | 1,345 | 559 | 222 | 10 |
| 31 Mar 24 | 1,294 | 575 | 217 | 10 |
| 31 Dec 23 | 1,360 | 519 | 211 | 9 |
| 30 Sep 23 | 1,496 | 524 | 234 | 10 |
| 30 Jun 23 | 1,586 | 636 | 232 | 9 |
| 31 Mar 23 | 1,689 | 599 | 238 | 9 |
| 31 Dec 22 | 1,937 | 712 | 244 | 10 |
| 30 Sep 22 | 2,208 | 904 | 231 | 10 |
| 30 Jun 22 | 2,392 | 791 | 226 | 10 |
| 31 Mar 22 | 2,445 | 727 | 225 | 11 |
| 31 Dec 21 | 2,795 | 778 | 246 | 10 |
| 30 Sep 21 | 2,935 | 675 | 250 | 10 |
| 30 Jun 21 | 3,243 | 844 | 260 | 10 |
| 31 Mar 21 | 3,242 | 864 | 248 | 10 |
| 31 Dec 20 | 3,282 | 902 | 242 | 10 |
| 30 Sep 20 | 3,088 | 891 | 230 | 10 |
| 30 Jun 20 | 2,768 | 763 | 230 | 11 |
| 31 Mar 20 | 3,152 | 755 | 242 | 12 |
| 31 Dec 19 | 2,702 | 539 | 225 | 13 |
| 30 Sep 19 | 2,397 | 473 | 223 | 14 |
| 30 Jun 19 | 2,167 | 375 | 212 | 14 |
| 31 Mar 19 | 1,568 | 270 | 209 | 13 |
| 31 Dec 18 | 1,374 | 216 | 216 | 13 |
| 30 Sep 18 | 1,462 | 191 | 214 | 13 |
| 30 Jun 18 | 1,579 | 192 | 225 | 14 |
| 31 Mar 18 | 1,588 | 172 | 223 | 15 |
| 31 Dec 17 | 1,727 | 189 | 220 | 14 |
| 30 Sep 17 | 1,856 | 378 | 223 | 14 |
| 30 Jun 17 | 1,810 | 298 | 209 | 14 |
| 31 Mar 17 | 1,813 | 303 | 210 | 14 |
| 31 Dec 16 | 1,708 | 327 | 226 | 14 |
| 30 Sep 16 | 1,761 | 336 | 217 | 16 |
| 30 Jun 16 | 1,707 | 520 | 217 | 16 |
| 31 Mar 16 | 1,900 | 468 | 232 | 16 |
| 31 Dec 15 | 2,291 | 790 | 227 | 17 |
| 30 Sep 15 | 2,535 | 1,011 | 258 | 17 |
| 30 Jun 15 | 3,436 | 1,614 | 287 | 18 |
| 31 Mar 15 | 5,476 | 3,271 | 302 | 18 |
| 31 Dec 14 | 5,544 | 3,269 | 335 | 17 |
| 30 Sep 14 | 5,641 | 3,216 | 322 | 17 |
| 30 Jun 14 | 5,335 | 2,809 | 336 | 16 |
| 31 Mar 14 | 4,338 | 2,030 | 388 | 15 |
| 31 Dec 13 | 4,120 | 1,926 | 384 | 16 |
Quality Earnings: 2107 has high quality earnings.
Growing Profit Margin: 2107's current net profit margins (38.5%) are higher than last year (35%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2107's earnings have declined by 5% per year over the past 5 years.
Accelerating Growth: 2107's earnings growth over the past year (5%) exceeds its 5-year average (-5% per year).
Earnings vs Industry: 2107 earnings growth over the past year (5%) did not outperform the Chemicals industry 13.7%.
Return on Equity
High ROE: 2107's Return on Equity (4.1%) is considered low.