COSCO SHIPPING Development Past Earnings Performance
Past criteria checks 2/6
COSCO SHIPPING Development has been growing earnings at an average annual rate of 13%, while the Trade Distributors industry saw earnings growing at 23.5% annually. Revenues have been growing at an average rate of 9.7% per year. COSCO SHIPPING Development's return on equity is 4.8%, and it has net margins of 9%.
Key information
13.0%
Earnings growth rate
11.9%
EPS growth rate
| Trade Distributors Industry Growth | 23.4% |
| Revenue growth rate | 9.7% |
| Return on equity | 4.8% |
| Net Margin | 9.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How COSCO SHIPPING Development 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 | 15,685 | 1,409 | 1,227 | 87 |
| 30 Sep 23 | 17,196 | 1,408 | 1,036 | 73 |
| 30 Jun 23 | 18,165 | 2,332 | 993 | 79 |
| 31 Mar 23 | 22,993 | 2,942 | 1,112 | 96 |
| 31 Dec 22 | 25,634 | 3,922 | 1,104 | 94 |
| 30 Sep 22 | 28,012 | 4,216 | 1,192 | 112 |
| 30 Jun 22 | 33,904 | 5,744 | 1,372 | 104 |
| 31 Mar 22 | 37,419 | 6,640 | 1,199 | 80 |
| 31 Dec 21 | 37,168 | 6,091 | 1,457 | 74 |
| 30 Sep 21 | 35,634 | 6,062 | 1,603 | 60 |
| 30 Jun 21 | 28,856 | 4,325 | 1,554 | 34 |
| 30 Mar 21 | 22,719 | 2,627 | 1,413 | 24 |
| 31 Dec 20 | 20,220 | 2,141 | 1,271 | 22 |
| 30 Sep 20 | 16,763 | 2,124 | 1,039 | 9 |
| 30 Jun 20 | 15,203 | 1,693 | 1,027 | 9 |
| 31 Mar 20 | 14,478 | 1,489 | 1,077 | 9 |
| 31 Dec 19 | 14,229 | 1,743 | 994 | 9 |
| 30 Sep 19 | 13,440 | 1,872 | 930 | 3 |
| 30 Jun 19 | 14,987 | 1,963 | 727 | 3 |
| 31 Mar 19 | 16,092 | 1,702 | 822 | 4 |
| 31 Dec 18 | 16,684 | 1,386 | 882 | 4 |
| 30 Sep 18 | 17,615 | 1,128 | 1,236 | 1 |
| 30 Jun 18 | 17,010 | 734 | 1,214 | 1 |
| 31 Mar 18 | 16,316 | 1,395 | 1,124 | 0 |
| 31 Dec 17 | 16,341 | 1,462 | 983 | 0 |
| 30 Sep 17 | 15,850 | 1,033 | 1,216 | 0 |
| 30 Jun 17 | 15,043 | 1,441 | 1,103 | 0 |
| 31 Mar 17 | 14,398 | 1,576 | 1,128 | 0 |
| 31 Dec 16 | 15,965 | 369 | 1,250 | 0 |
| 30 Sep 16 | 21,394 | 531 | 1,106 | 0 |
| 30 Jun 16 | 26,982 | -1,051 | 1,249 | 0 |
| 31 Mar 16 | 32,748 | -1,744 | 1,223 | 0 |
| 31 Dec 15 | 36,581 | -199 | 1,359 | 0 |
| 30 Sep 15 | 36,963 | 142 | 1,156 | 0 |
| 30 Jun 15 | 37,100 | 1,435 | 1,086 | 0 |
| 31 Mar 15 | 36,892 | 1,685 | 1,075 | 0 |
| 31 Dec 14 | 36,233 | 1,061 | 900 | 0 |
| 30 Sep 14 | 35,645 | -313 | 936 | 0 |
| 30 Jun 14 | 35,609 | -920 | 924 | 0 |
| 31 Mar 14 | 34,805 | -1,896 | 902 | 0 |
| 31 Dec 13 | 34,341 | -2,646 | 888 | 0 |
| 30 Sep 13 | 34,276 | -857 | 902 | 0 |
| 30 Jun 13 | 34,386 | 538 | 890 | 0 |
Quality Earnings: CITA.F has high quality earnings.
Growing Profit Margin: CITA.F's current net profit margins (9%) are lower than last year (15.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CITA.F's earnings have grown by 13% per year over the past 5 years.
Accelerating Growth: CITA.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CITA.F had negative earnings growth (-64.1%) over the past year, making it difficult to compare to the Trade Distributors industry average (3.3%).
Return on Equity
High ROE: CITA.F's Return on Equity (4.8%) is considered low.