Evergreen Marine Corporation (Taiwan) Past Earnings Performance
Past criteria checks 1/6
Evergreen Marine (Taiwan) has been growing earnings at an average annual rate of 28.1%, while the Shipping industry saw earnings growing at 23.8% annually. Revenues have been growing at an average rate of 15.9% per year. Evergreen Marine (Taiwan)'s return on equity is 14.6%, and it has net margins of 21.3%.
Key information
28.1%
Earnings growth rate
23.6%
EPS growth rate
| Shipping Industry Growth | 33.1% |
| Revenue growth rate | 15.9% |
| Return on equity | 14.6% |
| Net Margin | 21.3% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
We Like These Underlying Return On Capital Trends At Evergreen Marine Corporation (Taiwan) (TWSE:2603)
Sep 15
Weak Statutory Earnings May Not Tell The Whole Story For Evergreen Marine Corporation (Taiwan) (TWSE:2603)
Aug 23Brokers Are Upgrading Their Views On Evergreen Marine Corporation (Taiwan) Ltd. (TWSE:2603) With These New Forecasts
Aug 22Revenue & Expenses Breakdown
How Evergreen Marine Corporation (Taiwan) 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 Jun 24 | 337,471 | 72,043 | 17,074 | 0 |
| 31 Mar 24 | 298,527 | 47,677 | 16,973 | 0 |
| 31 Dec 23 | 276,715 | 35,337 | 16,814 | 0 |
| 30 Sep 23 | 318,050 | 61,893 | 25,019 | 0 |
| 30 Jun 23 | 415,671 | 140,683 | 25,031 | 0 |
| 31 Mar 23 | 523,286 | 237,884 | 25,195 | 0 |
| 31 Dec 22 | 627,284 | 334,201 | 24,765 | 0 |
| 30 Sep 22 | 672,263 | 385,087 | 20,691 | 0 |
| 30 Jun 22 | 645,311 | 364,527 | 19,554 | 0 |
| 31 Mar 22 | 570,278 | 304,291 | 18,151 | 0 |
| 31 Dec 21 | 489,407 | 239,015 | 17,311 | 0 |
| 30 Sep 21 | 398,091 | 171,708 | 12,060 | 0 |
| 30 Jun 21 | 309,651 | 99,755 | 11,513 | 0 |
| 31 Mar 21 | 253,556 | 60,890 | 11,094 | 0 |
| 31 Dec 20 | 207,078 | 24,365 | 10,875 | 0 |
| 30 Sep 20 | 190,313 | 10,708 | 9,879 | 0 |
| 30 Jun 20 | 185,126 | 2,658 | 10,021 | 0 |
| 31 Mar 20 | 188,367 | -889 | 10,251 | 0 |
| 31 Dec 19 | 190,589 | 113 | 10,273 | 0 |
| 30 Sep 19 | 191,866 | 1,033 | 9,283 | 0 |
| 30 Jun 19 | 186,917 | 1,606 | 9,038 | 0 |
| 31 Mar 19 | 178,093 | 716 | 8,542 | 0 |
| 31 Dec 18 | 169,237 | 294 | 8,055 | 0 |
| 30 Sep 18 | 157,550 | -218 | 8,563 | 0 |
| 30 Jun 18 | 154,168 | 2,812 | 7,750 | 0 |
| 31 Mar 18 | 153,584 | 6,830 | 7,111 | 0 |
| 31 Dec 17 | 150,583 | 7,005 | 6,559 | 0 |
| 30 Sep 17 | 147,264 | 5,763 | 6,131 | 0 |
| 30 Jun 17 | 137,672 | 875 | 6,041 | 0 |
| 31 Mar 17 | 129,702 | -2,455 | 6,204 | 0 |
| 31 Dec 16 | 124,468 | -6,608 | 6,235 | 0 |
| 30 Sep 16 | 120,945 | -8,913 | 5,952 | 0 |
| 30 Jun 16 | 122,048 | -10,178 | 5,954 | 0 |
| 31 Mar 16 | 127,114 | -9,774 | 5,789 | 0 |
| 31 Dec 15 | 133,814 | -4,408 | 5,701 | 0 |
| 30 Sep 15 | 140,328 | -205 | 5,801 | 0 |
| 30 Jun 15 | 144,889 | 4,072 | 5,767 | 0 |
| 31 Mar 15 | 145,268 | 4,376 | 5,729 | 0 |
| 31 Dec 14 | 144,284 | 1,156 | 5,755 | 0 |
| 30 Sep 14 | 140,445 | 1,013 | 5,640 | 0 |
| 30 Jun 14 | 138,839 | -801 | 5,624 | 0 |
| 31 Mar 14 | 140,155 | -1,352 | 5,582 | 0 |
| 31 Dec 13 | 139,216 | -1,497 | 5,497 | 0 |
| 30 Sep 13 | 143,189 | -2,067 | 5,469 | 0 |
Quality Earnings: 2603 has a large one-off gain of NT$17.3B impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: 2603's current net profit margins (21.3%) are lower than last year (33.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2603's earnings have grown significantly by 28.1% per year over the past 5 years.
Accelerating Growth: 2603's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2603 had negative earnings growth (-48.8%) over the past year, making it difficult to compare to the Shipping industry average (-16.8%).
Return on Equity
High ROE: 2603's Return on Equity (14.6%) is considered low.