Alset Capital Acquisition Past Earnings Performance
Past criteria checks 2/6
Alset Capital Acquisition has been growing earnings at an average annual rate of 1150.5%, while the Capital Markets industry saw earnings growing at 12.1% annually.
Key information
1,150.5%
Earnings growth rate
n/a
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | n/a |
| Return on equity | n/a |
| Net Margin | n/a |
| Last Earnings Update | 31 Aug 2023 |
Recent past performance updates
No updates
Revenue & Expenses BreakdownBeta
How Alset Capital Acquisition 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 Aug 23 | 0 | 1 | 1 | 0 |
| 31 May 23 | 0 | 1 | 1 | 0 |
| 28 Feb 23 | 0 | 1 | 1 | 0 |
| 30 Nov 22 | 0 | 0 | 1 | 0 |
Quality Earnings: ACAX has high quality earnings.
Growing Profit Margin: Insufficient data to determine if ACAX's profit margins have improved over the past year.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if ACAX's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare ACAX's past year earnings growth to its 5-year average.
Earnings vs Industry: ACAX earnings growth over the past year (1150.5%) exceeded the Capital Markets industry -0.2%.
Return on Equity
High ROE: ACAX's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.