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Turquoise Hill Resources Past Earnings Performance
Past criteria checks 3/6
Key information
22.4%
Earnings growth rate
22.4%
EPS growth rate
| Metals and Mining Industry Growth | 26.4% |
| Revenue growth rate | 14.1% |
| Return on equity | 7.2% |
| Net Margin | 32.4% |
| Last Earnings Update | 30 Sep 2022 |
Recent past performance updates
Recent updates
Turquoise Hill: Successful Coup For Rio Tinto
Feb 20Turquoise Hill Resources Q3 2022 Earnings Preview
Nov 11Turquoise Hill vote on sale to Rio Tinto postponed for a week
Nov 01Turquoise Hill Resources gains as holder Pentwater buys more shares amid Rio Tinto deal
Oct 26Turquoise Hill reports Q3 copper production of 36.3K tons, down 13% Y/Y; reaffirms FY22 copper production guidance
Oct 18Turquoise Hill receives interim court order for proposed arrangement with Rio Tinto
Sep 30Rio Tinto to acquire remainder of Turquoise Hill Resources
Sep 06Turquoise Hill Resources GAAP EPS of $0.41 beats by $0.09, revenue of $402M beats by $1.4M
Aug 04Turquoise Hill Resources Ltd.: Investors Upbeat Before Takeover
May 19Turquoise Hill's Copper Mine Ramping Toward Higher Cash Flow
Feb 04Turquoise Hill Resources: Wait For A Better Entry
Oct 20Turquoise Hill: A Look At Q2 2021 Results
Aug 03Turquoise Hill: Q2 Will Look Ugly
Jul 16Turquoise Hill: Thoughts On The Recent Update
Apr 21Turquoise Hill gets temporary relief in Rio Tinto arbitration
Feb 04Turquoise Hill -23% as Mongolia warns on Oyu Tolgoi project viability
Jan 11Turquoise Hill considers gold streaming, debt funding for Oyu Tolgoi mine
Dec 23Turquoise Hill - Find Another Way To Play Copper
Dec 13Turquoise Hill says Odey's letter contains funding plan misinformation
Nov 27Turquiose Hill Resources EPS beats by $0.49, misses on revenue
Nov 13Turquoise Hill launches arbitration with Rio Tinto on Oyu Tolgoi funding
Nov 05Revenue & Expenses Breakdown
How Turquoise Hill Resources 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 |
|---|---|---|---|---|
| 30 Sep 22 | 1,648 | 534 | 304 | 0 |
| 30 Jun 22 | 1,919 | 543 | 314 | 0 |
| 31 Mar 22 | 1,847 | 563 | 322 | 0 |
| 31 Dec 21 | 1,971 | 525 | 317 | 0 |
| 30 Sep 21 | 1,924 | 555 | 305 | 0 |
| 30 Jun 21 | 1,526 | 628 | 279 | 0 |
| 31 Mar 21 | 1,474 | 598 | 259 | 0 |
| 31 Dec 20 | 1,078 | 406 | 236 | 0 |
| 30 Sep 20 | 895 | 359 | 231 | 0 |
| 30 Jun 20 | 839 | 303 | 225 | 0 |
| 31 Mar 20 | 944 | -217 | 236 | 0 |
| 31 Dec 19 | 1,166 | -150 | 247 | 0 |
| 30 Sep 19 | 1,291 | -163 | 264 | 0 |
| 30 Jun 19 | 1,328 | -181 | 274 | 0 |
| 31 Mar 19 | 1,287 | 437 | 261 | 0 |
| 31 Dec 18 | 1,180 | 411 | 244 | 0 |
| 30 Sep 18 | 1,086 | 361 | 235 | 0 |
| 30 Jun 18 | 1,086 | 373 | 228 | 0 |
| 31 Mar 18 | 948 | 226 | 224 | 0 |
| 31 Dec 17 | 940 | 181 | 230 | 0 |
| 30 Sep 17 | 913 | 223 | 246 | 0 |
| 30 Jun 17 | 892 | 127 | 271 | 0 |
| 31 Mar 17 | 1,018 | 133 | 302 | 0 |
| 31 Dec 16 | 1,203 | 211 | 319 | 0 |
| 30 Sep 16 | 1,334 | 297 | 315 | 0 |
| 30 Jun 16 | 1,540 | 372 | 314 | 0 |
| 31 Mar 16 | 1,631 | 394 | 354 | 0 |
| 31 Dec 15 | 1,635 | 311 | 366 | 0 |
Quality Earnings: TRQ has high quality earnings.
Growing Profit Margin: TRQ's current net profit margins (32.4%) are higher than last year (28.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TRQ's earnings have grown significantly by 22.4% per year over the past 5 years.
Accelerating Growth: TRQ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TRQ had negative earnings growth (-3.8%) over the past year, making it difficult to compare to the Metals and Mining industry average (18.2%).
Return on Equity
High ROE: TRQ's Return on Equity (7.2%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/12/17 02:10 |
| End of Day Share Price | 2022/12/15 00:00 |
| Earnings | 2022/09/30 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Turquoise Hill Resources Ltd. is covered by 18 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Hayes | BMO Capital Markets Equity Research |
| Tony Robson | BMO Capital Markets Equity Research |
| Oscar Cabrera | BofA Global Research |