Power Assets Holdings Past Earnings Performance
Past criteria checks 4/6
Power Assets Holdings's earnings have been declining at an average annual rate of -4.8%, while the Electric Utilities industry saw earnings growing at 5.7% annually. Revenues have been declining at an average rate of 0.9% per year. Power Assets Holdings's return on equity is 6.8%, and it has net margins of 464.6%.
Key information
-4.8%
Earnings growth rate
-4.8%
EPS growth rate
| Electric Utilities Industry Growth | 6.3% |
| Revenue growth rate | -0.9% |
| Return on equity | 6.8% |
| Net Margin | 464.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Power Assets Holdings 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 | 1,292 | 6,003 | 0 | 0 |
| 30 Sep 23 | 1,374 | 5,870 | 0 | 0 |
| 30 Jun 23 | 1,476 | 5,737 | 156 | 0 |
| 31 Mar 23 | 1,381 | 5,693 | 156 | 0 |
| 31 Dec 22 | 1,265 | 5,649 | 0 | 0 |
| 30 Sep 22 | 1,447 | 6,076 | 70 | 0 |
| 30 Jun 22 | 1,629 | 6,502 | 140 | 0 |
| 31 Mar 22 | 1,629 | 6,321 | 140 | 0 |
| 31 Dec 21 | 1,629 | 6,140 | 140 | 0 |
| 30 Sep 21 | 1,476 | 6,260 | 145 | 0 |
| 30 Jun 21 | 1,322 | 6,379 | 150 | 0 |
| 31 Mar 21 | 1,393 | 6,256 | 150 | 0 |
| 31 Dec 20 | 1,463 | 6,132 | 150 | 0 |
| 30 Sep 20 | 1,462 | 5,867 | 159 | 0 |
| 30 Jun 20 | 1,460 | 5,602 | 168 | 0 |
| 31 Mar 20 | 1,404 | 6,367 | 168 | 0 |
| 31 Dec 19 | 1,348 | 7,131 | 168 | 0 |
| 30 Sep 19 | 1,400 | 7,219 | 239 | 0 |
| 30 Jun 19 | 1,451 | 7,307 | 310 | 0 |
| 31 Mar 19 | 1,503 | 7,472 | 310 | 0 |
| 31 Dec 18 | 1,555 | 7,636 | 310 | 0 |
| 30 Sep 18 | 1,557 | 8,026 | 417 | 0 |
| 30 Jun 18 | 1,558 | 8,415 | 523 | 0 |
| 31 Mar 18 | 1,489 | 8,367 | 523 | 0 |
| 31 Dec 17 | 1,420 | 8,319 | 523 | 0 |
| 30 Sep 17 | 1,355 | 7,642 | 263 | 0 |
| 30 Jun 17 | 1,290 | 6,965 | 2 | 0 |
| 31 Mar 17 | 1,289 | 6,691 | 2 | 0 |
| 31 Dec 16 | 1,288 | 6,417 | 2 | 0 |
| 30 Sep 16 | 1,300 | 7,194 | 1 | 0 |
| 30 Jun 16 | 1,311 | 7,971 | 0 | 0 |
| 31 Mar 16 | 1,310 | 7,852 | 0 | 0 |
| 31 Dec 15 | 1,308 | 7,732 | 0 | 0 |
| 30 Sep 15 | 1,317 | 7,715 | 0 | 0 |
| 30 Jun 15 | 1,325 | 7,698 | 0 | 0 |
| 31 Mar 15 | 1,728 | 34,352 | 0 | 0 |
| 31 Dec 14 | 2,131 | 61,005 | 0 | 0 |
| 30 Sep 14 | 4,827 | 61,971 | 0 | 0 |
| 30 Jun 14 | 7,522 | 62,937 | 0 | 0 |
| 31 Mar 14 | 9,550 | 37,051 | 0 | 0 |
| 31 Dec 13 | 11,578 | 11,165 | 0 | 0 |
| 30 Sep 13 | 11,289 | 10,667 | 0 | 0 |
| 30 Jun 13 | 11,000 | 10,168 | 0 | 0 |
Quality Earnings: HGKG.F has high quality earnings.
Growing Profit Margin: HGKG.F's current net profit margins are higher than last year .
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HGKG.F's earnings have declined by 4.8% per year over the past 5 years.
Accelerating Growth: HGKG.F's earnings growth over the past year (6.3%) exceeds its 5-year average (-4.8% per year).
Earnings vs Industry: HGKG.F earnings growth over the past year (6.3%) exceeded the Electric Utilities industry 3.6%.
Return on Equity
High ROE: HGKG.F's Return on Equity (6.8%) is considered low.