TOP Financial Group Past Earnings Performance
Past criteria checks 2/6
TOP Financial Group has been growing earnings at an average annual rate of 5.5%, while the Capital Markets industry saw earnings growing at 9% annually. Revenues have been declining at an average rate of 9.7% per year. TOP Financial Group's return on equity is 2.6%, and it has net margins of 13.1%.
Key information
5.5%
Earnings growth rate
4.2%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -9.7% |
| Return on equity | 2.6% |
| Net Margin | 13.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
There's Reason For Concern Over TOP Financial Group Limited's (NASDAQ:TOP) Price
Aug 08
Pinning Down TOP Financial Group Limited's (NASDAQ:TOP) P/E Is Difficult Right Now
Dec 21Why We're Not Concerned Yet About TOP Financial Group Limited's (NASDAQ:TOP) 63% Share Price Plunge
Nov 01TOP Financial Group GAAP EPS of $0.12, revenue of $7.8M
Aug 17Zhong Yang Financial changes name to TOP Financial Group
Jul 22Revenue & Expenses Breakdown
How TOP Financial Group 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 Mar 24 | 8 | 1 | 4 | 0 |
| 31 Dec 23 | 10 | 3 | 3 | 0 |
| 30 Sep 23 | 12 | 5 | 3 | 0 |
| 30 Jun 23 | 11 | 4 | 3 | 0 |
| 31 Mar 23 | 10 | 3 | 2 | 0 |
| 31 Dec 22 | 10 | 4 | 2 | 0 |
| 30 Sep 22 | 10 | 4 | 2 | 0 |
| 30 Jun 22 | 9 | 4 | 1 | 0 |
| 31 Mar 22 | 8 | 3 | 1 | 0 |
| 31 Dec 21 | 10 | 3 | 1 | 0 |
| 30 Sep 21 | 11 | 3 | 1 | 0 |
| 30 Jun 21 | 14 | 4 | 1 | 0 |
| 31 Mar 21 | 17 | 5 | 1 | 0 |
| 31 Mar 20 | 17 | 3 | 1 | 0 |
| 31 Mar 19 | 11 | 1 | 1 | 0 |
Quality Earnings: TOP has high quality earnings.
Growing Profit Margin: TOP's current net profit margins (13.1%) are lower than last year (35%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TOP's earnings have grown by 5.5% per year over the past 5 years.
Accelerating Growth: TOP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TOP had negative earnings growth (-69.1%) over the past year, making it difficult to compare to the Capital Markets industry average (15.1%).
Return on Equity
High ROE: TOP's Return on Equity (2.6%) is considered low.