Tiasang Battery Past Earnings Performance
Past criteria checks 5/6
Tiasang Battery has been growing earnings at an average annual rate of 2.9%, while the Electrical industry saw earnings declining at 10.7% annually. Revenues have been declining at an average rate of 4.3% per year. Tiasang Battery's return on equity is 8.3%, and it has net margins of 3.9%.
Key information
2.9%
Earnings growth rate
2.9%
EPS growth rate
| Electrical Industry Growth | -8.5% |
| Revenue growth rate | -4.3% |
| Return on equity | 8.3% |
| Net Margin | 3.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Tiasang Battery 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 Mar 24 | 167,196 | 6,486 | 18,291 | 0 |
| 31 Dec 23 | 157,547 | 4,232 | 16,977 | 0 |
| 30 Sep 23 | 163,290 | 3,946 | 18,396 | 0 |
| 31 Dec 22 | 182,632 | 3,449 | 21,371 | 0 |
| 30 Sep 22 | 191,574 | 3,317 | 21,498 | 0 |
| 30 Jun 22 | 194,082 | 3,545 | 21,452 | 0 |
| 31 Mar 22 | 180,032 | 4,542 | 19,313 | 0 |
| 31 Dec 21 | 180,113 | 4,605 | 20,098 | 0 |
| 30 Sep 21 | 171,896 | 4,799 | 20,814 | 0 |
| 30 Jun 21 | 163,784 | 5,165 | 22,228 | 0 |
| 31 Mar 21 | 163,768 | 4,931 | 23,633 | 0 |
| 31 Dec 20 | 164,631 | 4,512 | 23,540 | 0 |
| 30 Sep 20 | 189,230 | 5,076 | 25,363 | 0 |
| 31 Mar 20 | 215,590 | 4,848 | 25,430 | 0 |
| 31 Dec 19 | 215,779 | 4,819 | 25,934 | 0 |
| 30 Sep 19 | 196,609 | 4,198 | 24,204 | 0 |
| 31 Mar 19 | 203,707 | 2,129 | 23,357 | 0 |
| 31 Dec 18 | 217,837 | 1,546 | 23,663 | 0 |
| 30 Sep 18 | 235,096 | 792 | 24,690 | 0 |
| 30 Jun 18 | 227,492 | 714 | 24,941 | 0 |
| 31 Mar 18 | 223,360 | 1,969 | 25,411 | 0 |
| 31 Dec 17 | 201,619 | 3,003 | 24,301 | 0 |
| 30 Jun 14 | 171,183 | 23,493 | 20,374 | 0 |
| 31 Mar 14 | 171,534 | 11,927 | 20,238 | 0 |
| 31 Dec 13 | 171,886 | 361 | 20,102 | 0 |
Quality Earnings: TSB has high quality earnings.
Growing Profit Margin: TSB's current net profit margins (3.9%) are higher than last year (2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TSB's earnings have grown by 2.9% per year over the past 5 years.
Accelerating Growth: TSB's earnings growth over the past year (79.5%) exceeds its 5-year average (2.9% per year).
Earnings vs Industry: TSB earnings growth over the past year (79.5%) exceeded the Electrical industry 79.5%.
Return on Equity
High ROE: TSB's Return on Equity (8.3%) is considered low.