Central Securities Past Earnings Performance
Past criteria checks 2/6
Central Securities's earnings have been declining at an average annual rate of -1.1%, while the Capital Markets industry saw earnings growing at 8.9% annually. Revenues have been growing at an average rate of 2% per year. Central Securities's return on equity is 16.9%, and it has net margins of 1054.6%.
Key information
-1.1%
Earnings growth rate
-2.4%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 2.0% |
| Return on equity | 16.9% |
| Net Margin | 1,054.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Revenue & Expenses BreakdownBeta
How Central Securities 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 | 21 | 224 | 7 | 0 |
| 30 Sep 23 | 19 | 200 | 6 | 0 |
| 30 Jun 23 | 16 | 175 | 6 | 0 |
| 31 Mar 23 | 19 | 8 | 6 | 0 |
| 31 Dec 22 | 21 | -159 | 6 | 0 |
| 30 Sep 22 | 24 | -158 | 6 | 0 |
| 30 Jun 22 | 28 | -157 | 7 | 0 |
| 31 Mar 22 | 28 | 98 | 7 | 0 |
| 31 Dec 21 | 29 | 354 | 7 | 0 |
| 30 Sep 21 | 28 | 396 | 6 | 0 |
| 30 Jun 21 | 27 | 438 | 6 | 0 |
| 31 Mar 21 | 26 | 256 | 6 | 0 |
| 31 Dec 20 | 24 | 74 | 6 | 0 |
| 30 Sep 20 | 23 | 35 | 6 | 0 |
| 30 Jun 20 | 22 | -3 | 6 | 0 |
| 31 Mar 20 | 20 | 124 | 6 | 0 |
| 31 Dec 19 | 18 | 251 | 6 | 0 |
| 30 Sep 19 | 18 | 184 | 6 | 0 |
| 30 Jun 19 | 19 | 117 | 6 | 0 |
| 31 Mar 19 | 19 | 41 | 6 | 0 |
| 31 Dec 18 | 19 | -34 | 6 | 0 |
| 30 Sep 18 | 18 | 43 | 6 | 0 |
| 30 Jun 18 | 16 | 121 | 6 | 0 |
| 31 Mar 18 | 14 | 145 | 6 | 0 |
| 31 Dec 17 | 13 | 169 | 6 | 0 |
| 30 Sep 17 | 12 | 166 | 5 | 0 |
| 30 Jun 17 | 11 | 163 | 5 | 0 |
| 31 Mar 17 | 11 | 138 | 5 | 0 |
| 31 Dec 16 | 10 | 113 | 5 | 0 |
| 30 Sep 16 | 10 | 64 | 5 | 0 |
| 30 Jun 16 | 9 | 15 | 5 | 0 |
| 31 Mar 16 | 9 | -1 | 5 | 0 |
| 31 Dec 15 | 8 | -17 | 4 | 0 |
| 30 Sep 15 | 8 | -17 | 4 | 0 |
| 30 Jun 15 | 8 | -17 | 4 | 0 |
| 31 Mar 15 | 7 | 7 | 4 | 0 |
| 31 Dec 14 | 7 | 30 | 4 | 0 |
| 30 Sep 14 | 7 | 81 | 4 | 0 |
| 30 Jun 14 | 8 | 132 | 4 | 0 |
| 31 Mar 14 | 7 | 137 | 5 | 0 |
| 31 Dec 13 | 7 | 143 | 5 | 0 |
| 30 Sep 13 | 11 | 109 | 5 | 0 |
| 30 Jun 13 | 14 | 74 | 5 | 0 |
Quality Earnings: CET has a large one-off gain of $209.2M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: CET became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CET has become profitable over the past 5 years, growing earnings by -1.1% per year.
Accelerating Growth: CET has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CET has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (6.1%).
Return on Equity
High ROE: CET's Return on Equity (16.9%) is considered low.