Japan Smaller Capitalization Fund Past Earnings Performance
Past criteria checks 2/6
Japan Smaller Capitalization Fund has been growing earnings at an average annual rate of 9.5%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 0.7% per year. Japan Smaller Capitalization Fund's return on equity is 16.5%, and it has net margins of 686.5%.
Key information
9.5%
Earnings growth rate
9.5%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -0.7% |
| Return on equity | 16.5% |
| Net Margin | 686.5% |
| Last Earnings Update | 31 Aug 2023 |
Recent past performance updates
No updates
Revenue & Expenses BreakdownBeta
How Japan Smaller Capitalization Fund 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 | 6 | 42 | 3 | 0 |
| 31 May 23 | 6 | 9 | 3 | 0 |
| 28 Feb 23 | 6 | -23 | 3 | 0 |
| 30 Nov 22 | 6 | -46 | 3 | 0 |
| 31 Aug 22 | 7 | -69 | 3 | 0 |
| 31 May 22 | 6 | -43 | 3 | 0 |
| 28 Feb 22 | 6 | -18 | 3 | 0 |
| 30 Nov 21 | 6 | 8 | 3 | 0 |
| 31 Aug 21 | 6 | 34 | 3 | 0 |
| 31 May 21 | 6 | 41 | 3 | 0 |
| 28 Feb 21 | 6 | 49 | 3 | 0 |
| 30 Nov 20 | 6 | 35 | 3 | 0 |
| 31 Aug 20 | 6 | 21 | 3 | 0 |
| 31 May 20 | 6 | 2 | 3 | 0 |
| 29 Feb 20 | 7 | -16 | 3 | 0 |
| 30 Nov 19 | 6 | -26 | 4 | 0 |
| 31 Aug 19 | 6 | -36 | 4 | 0 |
| 31 May 19 | 6 | -48 | 4 | 0 |
| 28 Feb 19 | 6 | -61 | 4 | 0 |
| 30 Nov 18 | 6 | -21 | 4 | 0 |
| 31 Aug 18 | 6 | 18 | 4 | 0 |
| 31 May 18 | 6 | 63 | 4 | 0 |
| 28 Feb 18 | 6 | 108 | 4 | 0 |
| 30 Nov 17 | 7 | 100 | 4 | 0 |
| 31 Aug 17 | 7 | 93 | 4 | 0 |
| 31 May 17 | 7 | 82 | 4 | 0 |
| 28 Feb 17 | 7 | 71 | 4 | 0 |
| 30 Nov 16 | 6 | 45 | 4 | 0 |
| 31 Aug 16 | 6 | 19 | 4 | 0 |
| 31 May 16 | 6 | 15 | 4 | 0 |
| 29 Feb 16 | 5 | 11 | 4 | 0 |
| 30 Nov 15 | 5 | 19 | 4 | 0 |
| 31 Aug 15 | 5 | 26 | 4 | 0 |
| 31 May 15 | 5 | 31 | 3 | 0 |
| 28 Feb 15 | 5 | 36 | 3 | 0 |
| 30 Nov 14 | 5 | 43 | 3 | 0 |
| 31 Aug 14 | 5 | 51 | 3 | 0 |
| 31 May 14 | 5 | 42 | 3 | 0 |
| 28 Feb 14 | 5 | 34 | 3 | 0 |
| 30 Nov 13 | 5 | 35 | 3 | 0 |
| 31 Aug 13 | 5 | 35 | 3 | 0 |
| 31 May 13 | 5 | 18 | 3 | 0 |
Quality Earnings: JOF has a large one-off gain of $23.3M impacting its last 12 months of financial results to 31st August, 2023.
Growing Profit Margin: JOF became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: JOF's earnings have grown by 9.5% per year over the past 5 years.
Accelerating Growth: JOF has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: JOF has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (3.3%).
Return on Equity
High ROE: JOF's Return on Equity (16.5%) is considered low.