Tang Palace (China) Holdings Past Earnings Performance
Past criteria checks 2/6
Tang Palace (China) Holdings's earnings have been declining at an average annual rate of -50.1%, while the Hospitality industry saw earnings growing at 25.8% annually. Revenues have been declining at an average rate of 7.6% per year. Tang Palace (China) Holdings's return on equity is 17.5%, and it has net margins of 3.7%.
Key information
-50.1%
Earnings growth rate
-50.2%
EPS growth rate
| Hospitality Industry Growth | 19.5% |
| Revenue growth rate | -7.6% |
| Return on equity | 17.5% |
| Net Margin | 3.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Tang Palace (China) Holdings 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 | 1,123 | 42 | 0 | 0 |
| 30 Sep 23 | 1,104 | 9 | 0 | 0 |
| 30 Jun 23 | 1,086 | -24 | 0 | 0 |
| 31 Mar 23 | 1,014 | -87 | 0 | 0 |
| 31 Dec 22 | 942 | -151 | 0 | 0 |
| 30 Sep 22 | 1,017 | -114 | 0 | 0 |
| 30 Jun 22 | 1,091 | -77 | 0 | 0 |
| 31 Mar 22 | 1,226 | -18 | 0 | 0 |
| 31 Dec 21 | 1,361 | 41 | 0 | 0 |
| 30 Sep 21 | 1,385 | 72 | 0 | 0 |
| 30 Jun 21 | 1,409 | 103 | 0 | 0 |
| 31 Mar 21 | 1,257 | 54 | 0 | 0 |
| 31 Dec 20 | 1,105 | 4 | 0 | 0 |
| 30 Sep 20 | 1,126 | -11 | 0 | 0 |
| 30 Jun 20 | 1,147 | -26 | 0 | 0 |
| 31 Mar 20 | 1,321 | 32 | 0 | 0 |
| 31 Dec 19 | 1,495 | 91 | 0 | 0 |
| 30 Sep 19 | 1,503 | 103 | 0 | 0 |
| 30 Jun 19 | 1,511 | 114 | 0 | 0 |
| 31 Mar 19 | 1,501 | 115 | 0 | 0 |
| 31 Dec 18 | 1,492 | 115 | 0 | 0 |
| 30 Sep 18 | 1,464 | 118 | 0 | 0 |
| 30 Jun 18 | 1,437 | 122 | 0 | 0 |
| 31 Mar 18 | 1,396 | 126 | 0 | 0 |
| 31 Dec 17 | 1,356 | 131 | 0 | 0 |
| 30 Sep 17 | 1,317 | 127 | 0 | 0 |
| 30 Jun 17 | 1,279 | 122 | 0 | 0 |
| 31 Mar 17 | 1,264 | 111 | 0 | 0 |
| 31 Dec 16 | 1,248 | 101 | 0 | 0 |
| 30 Sep 16 | 1,210 | 81 | 0 | 0 |
| 30 Jun 16 | 1,172 | 60 | 0 | 0 |
| 31 Mar 16 | 1,130 | 54 | 0 | 0 |
| 31 Dec 15 | 1,088 | 49 | 0 | 0 |
| 30 Sep 15 | 1,073 | 51 | 0 | 0 |
| 30 Jun 15 | 1,057 | 54 | 0 | 0 |
| 31 Mar 15 | 1,023 | 54 | 0 | 0 |
| 31 Dec 14 | 989 | 53 | 0 | 0 |
| 30 Sep 14 | 966 | 52 | 0 | 0 |
| 30 Jun 14 | 943 | 50 | 0 | 0 |
| 31 Mar 14 | 923 | 44 | 0 | 0 |
| 31 Dec 13 | 902 | 37 | 0 | 0 |
| 30 Sep 13 | 886 | 41 | 0 | 0 |
Quality Earnings: TNGP.F has high quality earnings.
Growing Profit Margin: TNGP.F became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TNGP.F's earnings have declined by 50.1% per year over the past 5 years.
Accelerating Growth: TNGP.F has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TNGP.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (13.5%).
Return on Equity
High ROE: TNGP.F's Return on Equity (17.5%) is considered low.