Yang Ming Marine Transport Corporation

TWSE:2609 Stock Report

Market Cap: NT$182.3b

Yang Ming Marine Transport Past Earnings Performance

Past criteria checks 2/6

Yang Ming Marine Transport has been growing earnings at an average annual rate of 43.7%, while the Shipping industry saw earnings growing at 29% annually. Revenues have been growing at an average rate of 15.7% per year. Yang Ming Marine Transport's return on equity is 1.8%, and it has net margins of 3.4%.

Key information

43.7%

Earnings growth rate

42.8%

EPS growth rate

Shipping Industry Growth33.1%
Revenue growth rate15.7%
Return on equity1.8%
Net Margin3.4%
Last Earnings Update31 Dec 2023

Recent past performance updates

Earnings Troubles May Signal Larger Issues for Yang Ming Marine Transport (TWSE:2609) Shareholders

Mar 21
Earnings Troubles May Signal Larger Issues for Yang Ming Marine Transport (TWSE:2609) Shareholders

Recent updates

Is Yang Ming Marine Transport (TWSE:2609) Weighed On By Its Debt Load?

Apr 12
Is Yang Ming Marine Transport (TWSE:2609) Weighed On By Its Debt Load?

Earnings Troubles May Signal Larger Issues for Yang Ming Marine Transport (TWSE:2609) Shareholders

Mar 21
Earnings Troubles May Signal Larger Issues for Yang Ming Marine Transport (TWSE:2609) Shareholders

Revenue & Expenses Breakdown
Beta

How Yang Ming Marine Transport makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TWSE:2609 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 23140,6244,7748,1100
30 Sep 23167,83620,8119,2040
30 Jun 23231,74867,7529,5570
31 Mar 23306,149123,41610,2680
31 Dec 22375,900180,59211,3760
30 Sep 22418,646221,24911,4720
30 Jun 22414,285222,32711,3780
31 Mar 22378,109201,32910,3220
31 Dec 21333,687165,2699,9760
30 Sep 21277,036120,0049,0390
30 Jun 21220,43871,9158,3600
31 Mar 21178,91737,3128,1280
31 Dec 20151,27711,9776,9860
30 Sep 20141,1698656,2860
30 Jun 20140,099-3,2496,5450
31 Mar 20148,747-4,4466,6420
31 Dec 19149,181-4,3106,6150
30 Sep 19151,743-3,2416,5820
30 Jun 19152,674-2,7736,2410
31 Mar 19145,875-5,3236,1970
31 Dec 18141,833-6,5916,1370
30 Sep 18135,164-6,2716,1920
30 Jun 18132,229-4,0976,1700
31 Mar 18131,858-7276,0850
31 Dec 17131,0783216,0190
30 Sep 17130,776-1,9715,9890
30 Jun 17123,990-7,7975,9470
31 Mar 17118,534-12,1585,9950
31 Dec 16115,400-14,9126,0930
30 Sep 16113,800-16,8266,0900
30 Jun 16116,708-16,4876,0790
31 Mar 16121,526-11,6916,0270
31 Dec 15127,559-7,7226,0220
30 Sep 15132,586-3,6506,0270
30 Jun 15137,9951,9685,9600
31 Mar 15139,6912,1935,9470
31 Dec 14134,7783205,9040
30 Sep 14129,2641,3835,7000
30 Jun 14124,0131,0335,6260
31 Mar 14119,653-1,8275,6340
31 Dec 13118,874-2,9465,6030
30 Sep 13123,019-3,7825,5180
30 Jun 13127,527-2,1415,5450

Quality Earnings: 2609 has high quality earnings.

Growing Profit Margin: 2609's current net profit margins (3.4%) are lower than last year (48%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2609 has become profitable over the past 5 years, growing earnings by 43.7% per year.

Accelerating Growth: 2609's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 2609 had negative earnings growth (-97.4%) over the past year, making it difficult to compare to the Shipping industry average (-62%).


Return on Equity

High ROE: 2609's Return on Equity (1.8%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.