Giga Solar Materials Past Earnings Performance
Past criteria checks 0/6
Giga Solar Materials's earnings have been declining at an average annual rate of -40.5%, while the Semiconductor industry saw earnings growing at 9.9% annually. Revenues have been declining at an average rate of 14.5% per year.
Key information
-40.5%
Earnings growth rate
-34.3%
EPS growth rate
| Semiconductor Industry Growth | 19.9% |
| Revenue growth rate | -14.5% |
| Return on equity | -11.9% |
| Net Margin | -8.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Giga Solar Materials Corp.'s (GTSM:3691) Share Price Could Signal Some Risk
Apr 01
Giga Solar Materials' (GTSM:3691) Shareholders Are Down 69% On Their Shares
Mar 03Does It Make Sense To Buy Giga Solar Materials Corp. (GTSM:3691) For Its Yield?
Feb 02Here's Why Giga Solar Materials (GTSM:3691) Can Manage Its Debt Responsibly
Jan 10
Does Giga Solar Materials' (GTSM:3691) Returns On Capital Reflect Well On The Business?
Dec 13Revenue & Expenses Breakdown
How Giga Solar Materials 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 | 6,544 | -574 | 562 | 332 |
| 30 Jun 24 | 5,414 | -430 | 503 | 313 |
| 31 Mar 24 | 3,703 | -587 | 489 | 313 |
| 31 Dec 23 | 2,958 | -811 | 492 | 314 |
| 30 Sep 23 | 2,956 | -697 | 548 | 288 |
| 30 Jun 23 | 3,762 | -829 | 624 | 289 |
| 31 Mar 23 | 4,886 | -723 | 631 | 305 |
| 31 Dec 22 | 5,655 | -495 | 627 | 306 |
| 30 Sep 22 | 6,629 | -379 | 579 | 319 |
| 30 Jun 22 | 6,878 | -340 | 520 | 326 |
| 31 Mar 22 | 7,080 | -369 | 534 | 295 |
| 31 Dec 21 | 7,632 | -375 | 543 | 296 |
| 30 Sep 21 | 8,079 | -112 | 564 | 277 |
| 30 Jun 21 | 9,147 | 260 | 591 | 256 |
| 31 Mar 21 | 9,054 | 300 | 592 | 266 |
| 31 Dec 20 | 8,835 | 200 | 566 | 261 |
| 30 Sep 20 | 8,294 | 59 | 552 | 262 |
| 30 Jun 20 | 7,331 | -111 | 560 | 254 |
| 31 Mar 20 | 7,639 | -83 | 549 | 238 |
| 31 Dec 19 | 7,876 | 189 | 596 | 224 |
| 30 Sep 19 | 7,609 | -538 | 617 | 231 |
| 30 Jun 19 | 7,762 | -935 | 583 | 219 |
| 31 Mar 19 | 8,165 | -846 | 615 | 230 |
| 31 Dec 18 | 8,292 | -954 | 620 | 218 |
| 30 Sep 18 | 9,245 | -595 | 981 | 214 |
| 30 Jun 18 | 9,896 | -194 | 945 | 214 |
| 31 Mar 18 | 9,696 | -140 | 1,048 | 207 |
| 31 Dec 17 | 9,676 | -209 | 997 | 222 |
| 30 Sep 17 | 9,921 | 254 | 618 | 213 |
| 30 Jun 17 | 10,456 | 730 | 648 | 222 |
| 31 Mar 17 | 12,501 | 1,038 | 546 | 209 |
| 31 Dec 16 | 14,834 | 1,611 | 582 | 208 |
| 30 Sep 16 | 16,958 | 2,322 | 569 | 206 |
| 30 Jun 16 | 18,369 | 2,691 | 573 | 202 |
| 31 Mar 16 | 17,540 | 2,673 | 495 | 197 |
| 31 Dec 15 | 15,801 | 2,415 | 441 | 192 |
| 30 Sep 15 | 13,873 | 2,203 | 409 | 191 |
| 30 Jun 15 | 11,797 | 1,649 | 368 | 185 |
| 31 Mar 15 | 10,513 | 1,490 | 353 | 184 |
| 31 Dec 14 | 9,679 | 1,494 | 331 | 177 |
| 30 Sep 14 | 8,194 | 1,202 | 284 | 168 |
| 30 Jun 14 | 6,894 | 905 | 248 | 150 |
| 31 Mar 14 | 5,783 | 791 | 219 | 141 |
Quality Earnings: 3691 is currently unprofitable.
Growing Profit Margin: 3691 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 3691 is unprofitable, and losses have increased over the past 5 years at a rate of 40.5% per year.
Accelerating Growth: Unable to compare 3691's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 3691 is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (5.9%).
Return on Equity
High ROE: 3691 has a negative Return on Equity (-11.85%), as it is currently unprofitable.
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 | 2024/12/31 02:51 |
| End of Day Share Price | 2024/12/31 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Giga Solar Materials Corp. is covered by 9 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 |
|---|---|
| Wanping Yeh | Barclays |
| Nicholas Teo | CLSA |
| Christeen So | Daiwa Securities Co. Ltd. |