Song Hong Garment Past Earnings Performance
Past criteria checks 1/6
Song Hong Garment's earnings have been declining at an average annual rate of -6.1%, while the Luxury industry saw earnings growing at 2.6% annually. Revenues have been growing at an average rate of 4.2% per year. Song Hong Garment's return on equity is 13.8%, and it has net margins of 5.6%.
Key information
-6.1%
Earnings growth rate
-8.4%
EPS growth rate
| Luxury Industry Growth | 6.7% |
| Revenue growth rate | 4.2% |
| Return on equity | 13.8% |
| Net Margin | 5.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Song Hong Garment 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 | 4,674,953 | 262,223 | 394,915 | 0 |
| 31 Dec 23 | 4,541,908 | 244,550 | 377,423 | 0 |
| 30 Sep 23 | 4,526,571 | 286,919 | 370,079 | 0 |
| 30 Jun 23 | 4,963,840 | 347,037 | 412,395 | 0 |
| 31 Mar 23 | 4,908,189 | 325,945 | 426,477 | 0 |
| 31 Dec 22 | 5,520,958 | 393,634 | 470,126 | 0 |
| 30 Sep 22 | 5,679,025 | 387,516 | 489,311 | 0 |
| 30 Jun 22 | 5,332,127 | 395,034 | 457,753 | 0 |
| 31 Mar 22 | 5,053,016 | 452,624 | 422,612 | 0 |
| 31 Dec 21 | 4,747,623 | 442,381 | 443,641 | 0 |
| 30 Sep 21 | 4,291,845 | 401,443 | 458,413 | 0 |
| 30 Jun 21 | 4,063,621 | 325,164 | 546,011 | 0 |
| 31 Mar 21 | 3,818,701 | 260,386 | 537,862 | 0 |
| 31 Dec 20 | 3,813,409 | 231,807 | 512,861 | 0 |
| 30 Sep 20 | 3,924,662 | 259,271 | 499,687 | 0 |
| 30 Jun 20 | 4,079,075 | 354,430 | 409,081 | 0 |
| 31 Mar 20 | 4,350,074 | 426,715 | 402,917 | 0 |
| 31 Dec 19 | 4,411,253 | 449,868 | 415,630 | 0 |
| 30 Sep 19 | 4,421,748 | 452,638 | 395,891 | 0 |
| 30 Jun 19 | 4,387,848 | 443,830 | 392,986 | 0 |
| 31 Mar 19 | 4,170,613 | 407,743 | 380,757 | 0 |
| 31 Dec 18 | 3,950,827 | 369,826 | 356,045 | 0 |
| 30 Sep 18 | 3,802,473 | 337,758 | 343,708 | 0 |
| 30 Jun 18 | 3,558,708 | 257,079 | 342,998 | 0 |
| 31 Mar 18 | 3,396,387 | 204,200 | 340,455 | 0 |
| 31 Dec 17 | 3,281,886 | 200,386 | 338,857 | 0 |
| 30 Sep 17 | 3,248,300 | 210,430 | 327,788 | 0 |
| 30 Jun 17 | 3,204,058 | 205,335 | 328,330 | 0 |
| 31 Mar 17 | 3,064,172 | 198,140 | 310,222 | 0 |
| 31 Dec 16 | 2,992,080 | 176,925 | 301,315 | 0 |
| 31 Dec 15 | 2,548,396 | 159,667 | 232,869 | 0 |
| 31 Dec 14 | 2,405,988 | 141,819 | 229,689 | 0 |
| 31 Dec 13 | 2,180,246 | 84,460 | 191,258 | 0 |
| 30 Sep 13 | 2,124,396 | 105,336 | 173,825 | 0 |
Quality Earnings: MSH has high quality earnings.
Growing Profit Margin: MSH's current net profit margins (5.6%) are lower than last year (6.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MSH's earnings have declined by 6.1% per year over the past 5 years.
Accelerating Growth: MSH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MSH had negative earnings growth (-19.6%) over the past year, making it difficult to compare to the Luxury industry average (-23%).
Return on Equity
High ROE: MSH's Return on Equity (13.8%) is considered low.