Cathay No.2 REIT Past Earnings Performance
Past criteria checks 2/6
Cathay No.2 REIT has been growing earnings at an average annual rate of 3.3%, while the Office REITs industry saw earnings growing at 3.5% annually. Revenues have been growing at an average rate of 3.6% per year. Cathay No.2 REIT's return on equity is 2%, and it has net margins of 69.6%.
Key information
3.3%
Earnings growth rate
3.3%
EPS growth rate
| Office REITs Industry Growth | 4.8% |
| Revenue growth rate | 3.6% |
| Return on equity | 2.0% |
| Net Margin | 69.6% |
| Last Earnings Update | 31 Dec 2022 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Cathay No.2 REIT 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 22 | 489 | 340 | 41 | 0 |
| 31 Dec 21 | 472 | 329 | 37 | 0 |
| 31 Dec 20 | 466 | 324 | 36 | 0 |
| 31 Dec 19 | 430 | 287 | 36 | 0 |
| 31 Dec 18 | 453 | 316 | 35 | 0 |
| 31 Dec 17 | 454 | 317 | 34 | 0 |
| 31 Dec 16 | 442 | 306 | 34 | 0 |
| 31 Dec 15 | 438 | 319 | 22 | 0 |
| 31 Dec 14 | 434 | 318 | 25 | 0 |
| 31 Dec 13 | 424 | 307 | 24 | 0 |
Quality Earnings: 01007T has high quality earnings.
Growing Profit Margin: 01007T's current net profit margins (69.6%) are lower than last year (69.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if 01007T's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare 01007T's past year earnings growth to its 5-year average.
Earnings vs Industry: 01007T earnings growth over the past year (3.3%) exceeded the Office REITs industry -1.8%.
Return on Equity
High ROE: 01007T's Return on Equity (2%) is considered low.