Taiwan Navigation Past Earnings Performance
Past criteria checks 2/6
Taiwan Navigation has been growing earnings at an average annual rate of 24.4%, while the Shipping industry saw earnings growing at 20.5% annually. Revenues have been growing at an average rate of 10% per year. Taiwan Navigation's return on equity is 7.1%, and it has net margins of 28%.
Key information
24.4%
Earnings growth rate
24.4%
EPS growth rate
| Shipping Industry Growth | 33.1% |
| Revenue growth rate | 10.0% |
| Return on equity | 7.1% |
| Net Margin | 28.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Taiwan Navigation (TWSE:2617) Has Announced That Its Dividend Will Be Reduced To NT$1.60
Jul 14
Taiwan Navigation's (TWSE:2617) Dividend Will Be Reduced To NT$1.60
Jun 23Why Taiwan Navigation's (TWSE:2617) Shaky Earnings Are Just The Beginning Of Its Problems
Mar 21We Think Taiwan Navigation (TPE:2617) Is Taking Some Risk With Its Debt
Apr 14Three Things You Should Check Before Buying Taiwan Navigation Co., Ltd. (TPE:2617) For Its Dividend
Mar 09Did You Participate In Any Of Taiwan Navigation's (TPE:2617) Respectable 50% Return?
Feb 16Can Taiwan Navigation (TPE:2617) Continue To Grow Its Returns On Capital?
Jan 29We're Not So Sure You Should Rely on Taiwan Navigation's (TPE:2617) Statutory Earnings
Jan 11Does Taiwan Navigation (TPE:2617) Have A Healthy Balance Sheet?
Dec 27
Taiwan Navigation Co., Ltd.'s (TPE:2617) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Dec 09Should Taiwan Navigation Co., Ltd. (TPE:2617) Be Part Of Your Dividend Portfolio?
Nov 23Revenue & Expenses Breakdown
How Taiwan 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 |
|---|---|---|---|---|
| 30 Sep 24 | 4,382 | 1,228 | 189 | 0 |
| 30 Jun 24 | 4,178 | 1,933 | 178 | 0 |
| 31 Mar 24 | 4,082 | 1,857 | 197 | 0 |
| 31 Dec 23 | 3,990 | 1,663 | 201 | 0 |
| 30 Sep 23 | 3,995 | 1,812 | 208 | 0 |
| 30 Jun 23 | 4,018 | 1,020 | 208 | 0 |
| 31 Mar 23 | 3,991 | 1,913 | 202 | 0 |
| 31 Dec 22 | 3,873 | 2,015 | 198 | 0 |
| 30 Sep 22 | 3,695 | 2,037 | 202 | 0 |
| 30 Jun 22 | 3,582 | 2,205 | 196 | 0 |
| 31 Mar 22 | 3,389 | 1,409 | 175 | 0 |
| 31 Dec 21 | 3,226 | 1,320 | 161 | 0 |
| 30 Sep 21 | 2,955 | 1,073 | 143 | 0 |
| 30 Jun 21 | 2,746 | 664 | 125 | 0 |
| 31 Mar 21 | 2,516 | 510 | 126 | 0 |
| 31 Dec 20 | 2,491 | 518 | 130 | 0 |
| 30 Sep 20 | 2,610 | 501 | 131 | 0 |
| 30 Jun 20 | 2,779 | 608 | 135 | 0 |
| 31 Mar 20 | 2,995 | 598 | 135 | 0 |
| 31 Dec 19 | 3,114 | 601 | 136 | 0 |
| 30 Sep 19 | 3,188 | 615 | 141 | 0 |
| 30 Jun 19 | 3,278 | 819 | 152 | 0 |
| 31 Mar 19 | 3,319 | 980 | 149 | 0 |
| 31 Dec 18 | 3,367 | 958 | 144 | 0 |
| 30 Sep 18 | 3,336 | 1,047 | 132 | 0 |
| 30 Jun 18 | 3,154 | 823 | 125 | 0 |
| 31 Mar 18 | 2,968 | 594 | 118 | 0 |
| 31 Dec 17 | 2,818 | 466 | 112 | 0 |
| 30 Sep 17 | 2,696 | 132 | 103 | 0 |
| 30 Jun 17 | 2,599 | -45 | 90 | 0 |
| 31 Mar 17 | 2,538 | -83 | 91 | 0 |
| 31 Dec 16 | 2,458 | -91 | 92 | 0 |
| 30 Sep 16 | 2,431 | -23 | 96 | 0 |
| 30 Jun 16 | 2,489 | 45 | 94 | 0 |
| 31 Mar 16 | 2,582 | 20 | 99 | 0 |
| 31 Dec 15 | 2,682 | 94 | 103 | 0 |
| 30 Sep 15 | 2,750 | 190 | 112 | 0 |
| 30 Jun 15 | 2,807 | 184 | 121 | 0 |
| 31 Mar 15 | 2,859 | 296 | 125 | 0 |
| 31 Dec 14 | 2,898 | 306 | 128 | 0 |
| 30 Sep 14 | 2,867 | 297 | 130 | 0 |
| 30 Jun 14 | 2,855 | 309 | 139 | 0 |
| 31 Mar 14 | 2,810 | 381 | 145 | 0 |
| 31 Dec 13 | 2,773 | 542 | 146 | 0 |
Quality Earnings: 2617 has high quality earnings.
Growing Profit Margin: 2617's current net profit margins (28%) are lower than last year (45.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2617's earnings have grown significantly by 24.4% per year over the past 5 years.
Accelerating Growth: 2617's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2617 had negative earnings growth (-32.2%) over the past year, making it difficult to compare to the Shipping industry average (88.9%).
Return on Equity
High ROE: 2617's Return on Equity (7.1%) is considered low.