Sincere Navigation Past Earnings Performance
Past criteria checks 5/6
Sincere Navigation has been growing earnings at an average annual rate of 21.2%, while the Shipping industry saw earnings growing at 29% annually. Revenues have been growing at an average rate of 2% per year. Sincere Navigation's return on equity is 3.2%, and it has net margins of 10.2%.
Key information
21.2%
Earnings growth rate
21.2%
EPS growth rate
| Shipping Industry Growth | 33.1% |
| Revenue growth rate | 2.0% |
| Return on equity | 3.2% |
| Net Margin | 10.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Sincere Navigation's (TWSE:2605) Solid Profits Have Weak Fundamentals
Mar 21
We Think Sincere Navigation's (TPE:2605) Healthy Earnings Might Be Conservative
Mar 30Sincere Navigation (TPE:2605) Seems To Use Debt Rather Sparingly
Mar 13Does Sincere Navigation's (TPE:2605) Returns On Capital Reflect Well On The Business?
Feb 15Did Sincere Navigation's (TPE:2605) Share Price Deserve to Gain 22%?
Jan 19
Key Things To Consider Before Buying Sincere Navigation Corporation (TPE:2605) For Its Dividend
Dec 24These 4 Measures Indicate That Sincere Navigation (TPE:2605) Is Using Debt Safely
Nov 28Revenue & Expenses BreakdownBeta
How Sincere Navigation 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 23 | 4,230 | 430 | 267 | 0 |
| 30 Sep 23 | 4,660 | 627 | 254 | 0 |
| 30 Jun 23 | 4,551 | 397 | 228 | 0 |
| 31 Mar 23 | 4,462 | 326 | 211 | 0 |
| 31 Dec 22 | 3,970 | 96 | 213 | 0 |
| 30 Sep 22 | 4,120 | 157 | 213 | 0 |
| 30 Jun 22 | 4,258 | 452 | 228 | 0 |
| 31 Mar 22 | 4,323 | 562 | 237 | 0 |
| 31 Dec 21 | 4,297 | 620 | 215 | 0 |
| 30 Sep 21 | 3,719 | 457 | 208 | 0 |
| 30 Jun 21 | 3,552 | 465 | 188 | 0 |
| 31 Mar 21 | 3,568 | 542 | 183 | 0 |
| 31 Dec 20 | 3,929 | 577 | 181 | 0 |
| 30 Sep 20 | 4,413 | 800 | 186 | 0 |
| 30 Jun 20 | 4,542 | 683 | 187 | 0 |
| 31 Mar 20 | 4,321 | 269 | 189 | 0 |
| 31 Dec 19 | 4,117 | 69 | 216 | 0 |
| 30 Sep 19 | 3,985 | -163 | 210 | 0 |
| 30 Jun 19 | 3,973 | -162 | 209 | 0 |
| 31 Mar 19 | 3,979 | -30 | 191 | 0 |
| 31 Dec 18 | 3,773 | 62 | 158 | 0 |
| 30 Sep 18 | 3,468 | 115 | 163 | 0 |
| 30 Jun 18 | 3,112 | 62 | 157 | 0 |
| 31 Mar 18 | 3,182 | 314 | 167 | 0 |
| 31 Dec 17 | 3,332 | 505 | 175 | 0 |
| 30 Sep 17 | 3,280 | 368 | 170 | 0 |
| 30 Jun 17 | 3,383 | 418 | 171 | 0 |
| 31 Mar 17 | 3,389 | 299 | 172 | 0 |
| 31 Dec 16 | 3,490 | 283 | 169 | 0 |
| 30 Sep 16 | 3,305 | 104 | 167 | 0 |
| 30 Jun 16 | 3,845 | 341 | 172 | 0 |
| 31 Mar 16 | 4,102 | 475 | 171 | 0 |
| 31 Dec 15 | 4,391 | 540 | 176 | 0 |
| 30 Sep 15 | 4,938 | 862 | 179 | 0 |
| 30 Jun 15 | 4,716 | 698 | 189 | 0 |
| 31 Mar 15 | 4,634 | 646 | 192 | 0 |
| 31 Dec 14 | 4,468 | 702 | 191 | 0 |
| 30 Sep 14 | 4,050 | 626 | 190 | 0 |
| 30 Jun 14 | 4,057 | 664 | 180 | 0 |
| 31 Mar 14 | 4,069 | 715 | 178 | 0 |
| 31 Dec 13 | 4,140 | 624 | 176 | 0 |
| 30 Sep 13 | 4,631 | 767 | 176 | 0 |
| 30 Jun 13 | 4,814 | 873 | 186 | 0 |
Quality Earnings: 2605 has high quality earnings.
Growing Profit Margin: 2605's current net profit margins (10.2%) are higher than last year (2.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2605's earnings have grown significantly by 21.2% per year over the past 5 years.
Accelerating Growth: 2605's earnings growth over the past year (348.2%) exceeds its 5-year average (21.2% per year).
Earnings vs Industry: 2605 earnings growth over the past year (348.2%) exceeded the Shipping industry -62%.
Return on Equity
High ROE: 2605's Return on Equity (3.2%) is considered low.