Nickel Asia Past Earnings Performance

Past criteria checks 2/6

Nickel Asia has been growing earnings at an average annual rate of 6.7%, while the Metals and Mining industry saw earnings growing at 22.7% annually. Revenues have been growing at an average rate of 6.2% per year. Nickel Asia's return on equity is 9.4%, and it has net margins of 12.3%.

Key information

6.7%

Earnings growth rate

6.5%

EPS growth rate

Metals and Mining Industry Growth	26.4%
Revenue growth rate	6.2%
Return on equity	9.4%
Net Margin	12.3%
Last Earnings Update	30 Sep 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Nickel Asia makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:NCKA.F Revenue, expenses and earnings (PHP Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	21,607	2,656	1,693
30 Jun 24	22,287	3,119	1,740
31 Mar 24	22,515	2,982	1,679
31 Dec 23	23,838	3,749	1,680
30 Sep 23	24,874	4,673	1,546
30 Jun 23	26,241	5,842	1,565
31 Mar 23	27,391	7,846	1,569
31 Dec 22	26,974	7,931	1,508
30 Sep 22	26,839	8,543	1,598
30 Jun 22	27,126	8,920	1,481
31 Mar 22	26,854	8,282	1,423
31 Dec 21	26,354	7,812	1,372
30 Sep 21	26,620	7,941	1,319
30 Jun 21	25,075	6,394	1,357
31 Mar 21	21,725	4,742	1,312
31 Dec 20	20,937	4,068	1,328
30 Sep 20	18,716	3,060	1,308
30 Jun 20	16,369	2,392	1,264
31 Mar 20	17,513	2,458	1,318
31 Dec 19	17,249	2,684	1,324
30 Sep 19	16,986	1,564	1,422
30 Jun 19	18,065	2,311	1,414
31 Mar 19	17,751	2,688	1,390
31 Dec 18	17,938	3,008	1,352
30 Sep 18	17,062	3,517	1,193
30 Jun 18	14,679	2,626	1,083
31 Mar 18	14,983	2,849	1,008
31 Dec 17	15,441	2,770	956
30 Sep 17	15,859	3,606	901
30 Jun 17	16,120	3,476	915
31 Mar 17	14,600	2,644	923
31 Dec 16	13,851	1,966	938
30 Sep 16	12,677	522	807
30 Jun 16	12,730	569	897
31 Mar 16	13,764	1,058	925
31 Dec 15	15,136	2,035	1,028
30 Sep 15	16,386	3,066	1,155
30 Jun 15	23,058	7,328	1,118
31 Mar 15	25,714	9,050	1,109
31 Dec 14	24,265	8,551	965
30 Sep 14	23,592	8,291	944
30 Jun 14	15,597	4,131	816
31 Mar 14	11,096	2,130	710

Quality Earnings: NCKA.F has high quality earnings.

Growing Profit Margin: NCKA.F's current net profit margins (12.3%) are lower than last year (18.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: NCKA.F's earnings have grown by 6.7% per year over the past 5 years.

Accelerating Growth: NCKA.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NCKA.F had negative earnings growth (-43.2%) over the past year, making it difficult to compare to the Metals and Mining industry average (-29.4%).

Return on Equity

High ROE: NCKA.F's Return on Equity (9.4%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/04 10:51
End of Day Share Price	2024/11/22 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

Nickel Asia Corporation is covered by 8 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
Philip Felix	BofA Global Research
Edser Trinidad	CGS International
Amos Ong	CLSA