Vietnam Electric Cable Past Earnings Performance
Past criteria checks 3/6
Vietnam Electric Cable's earnings have been declining at an average annual rate of -3.4%, while the Electrical industry saw earnings declining at 13.2% annually. Revenues have been growing at an average rate of 3.8% per year. Vietnam Electric Cable's return on equity is 29.1%, and it has net margins of 4.1%.
Key information
-3.4%
Earnings growth rate
-2.8%
EPS growth rate
| Electrical Industry Growth | -8.5% |
| Revenue growth rate | 3.8% |
| Return on equity | 29.1% |
| Net Margin | 4.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Vietnam Electric Cable 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 | 10,083,885 | 416,242 | 350,085 | 0 |
| 30 Sep 23 | 9,682,998 | 423,497 | 340,601 | 0 |
| 30 Jun 23 | 9,918,454 | 337,098 | 327,144 | 0 |
| 31 Mar 23 | 10,597,044 | 351,958 | 350,158 | 0 |
| 31 Dec 22 | 11,333,927 | 380,403 | 364,921 | 0 |
| 30 Sep 22 | 11,667,346 | 389,890 | 376,379 | 0 |
| 30 Jun 22 | 10,848,585 | 393,069 | 367,011 | 0 |
| 31 Mar 22 | 10,733,766 | 367,789 | 380,107 | 0 |
| 31 Dec 21 | 10,479,096 | 329,069 | 370,345 | 0 |
| 30 Sep 21 | 10,540,565 | 303,465 | 384,483 | 0 |
| 30 Jun 21 | 11,678,036 | 356,633 | 405,333 | 0 |
| 31 Mar 21 | 10,973,013 | 359,628 | 364,291 | 0 |
| 31 Dec 20 | 10,578,973 | 385,626 | 389,148 | 0 |
| 30 Sep 20 | 9,873,331 | 353,914 | 357,313 | 0 |
| 30 Jun 20 | 9,367,232 | 414,820 | 384,255 | 0 |
| 31 Mar 20 | 9,265,026 | 436,156 | 399,101 | 0 |
| 31 Dec 19 | 9,030,331 | 461,781 | 369,339 | 0 |
| 30 Sep 19 | 9,071,922 | 488,476 | 431,282 | 0 |
| 30 Jun 19 | 9,080,732 | 465,750 | 404,324 | 0 |
| 31 Mar 19 | 8,844,269 | 413,002 | 382,009 | 0 |
| 31 Dec 18 | 8,546,043 | 386,967 | 354,795 | 0 |
| 30 Sep 18 | 7,865,071 | 335,710 | 270,945 | 0 |
| 30 Jun 18 | 7,306,989 | 292,418 | 245,558 | 0 |
| 31 Mar 18 | 7,046,433 | 296,787 | 235,488 | 0 |
| 01 Jan 18 | 6,825,488 | 287,485 | 232,938 | 0 |
| 30 Sep 17 | 6,421,823 | 286,842 | 217,375 | 0 |
| 30 Jun 17 | 6,016,146 | 273,986 | 210,226 | 0 |
| 31 Mar 17 | 5,733,086 | 232,034 | 186,492 | 0 |
| 31 Dec 16 | 5,629,034 | 208,253 | 193,986 | 0 |
| 30 Sep 16 | 5,573,245 | 186,295 | 239,850 | 0 |
| 30 Jun 16 | 5,848,029 | 157,654 | 244,491 | 0 |
| 31 Mar 16 | 5,691,149 | 160,924 | 242,903 | 0 |
| 31 Dec 15 | 5,667,844 | 143,894 | 227,997 | 0 |
| 30 Sep 15 | 5,658,600 | 143,162 | 218,520 | 0 |
| 30 Jun 15 | 5,003,952 | 128,621 | 199,103 | 0 |
| 31 Mar 15 | 5,349,338 | 119,854 | 213,291 | 0 |
| 31 Dec 14 | 5,394,565 | 113,657 | 202,198 | 0 |
| 30 Sep 14 | 5,172,994 | 139,898 | 191,794 | 0 |
| 30 Jun 14 | 5,338,187 | 139,643 | 205,892 | 0 |
| 31 Mar 14 | 4,918,321 | 136,099 | 184,134 | 0 |
| 31 Dec 13 | 4,462,426 | 126,726 | 192,604 | 0 |
| 30 Sep 13 | 4,388,684 | 113,380 | 164,145 | 0 |
| 30 Jun 13 | 3,952,608 | 122,926 | 147,186 | 0 |
Quality Earnings: CAV has high quality earnings.
Growing Profit Margin: CAV's current net profit margins (4.1%) are higher than last year (3.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CAV's earnings have declined by 3.4% per year over the past 5 years.
Accelerating Growth: CAV's earnings growth over the past year (9.4%) exceeds its 5-year average (-3.4% per year).
Earnings vs Industry: CAV earnings growth over the past year (9.4%) did not outperform the Electrical industry 16%.
Return on Equity
High ROE: Whilst CAV's Return on Equity (29.13%) is high, this metric is skewed due to their high level of debt.