Vietnam Bank for Industry and Trade Securities JSC Past Earnings Performance
Past criteria checks 4/6
Vietnam Bank for Industry and Trade Securities JSC has been growing earnings at an average annual rate of 4.6%, while the Capital Markets industry saw earnings growing at 13.9% annually. Revenues have been growing at an average rate of 11.7% per year. Vietnam Bank for Industry and Trade Securities JSC's return on equity is 9.2%, and it has net margins of 22.7%.
Key information
4.6%
Earnings growth rate
3.6%
EPS growth rate
| Capital Markets Industry Growth | 18.5% |
| Revenue growth rate | 11.7% |
| Return on equity | 9.2% |
| Net Margin | 22.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Vietnam Bank for Industry and Trade Securities JSC 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 | 826,723 | 187,581 | 123,433 | 0 |
| 30 Sep 23 | 749,480 | 134,112 | 121,164 | 0 |
| 31 Mar 23 | 616,547 | 24,240 | 91,544 | 0 |
| 31 Dec 22 | 666,018 | 71,068 | 89,790 | 0 |
| 30 Sep 22 | 943,124 | 264,162 | 86,820 | 0 |
| 30 Jun 22 | 1,013,179 | 280,909 | 82,886 | 0 |
| 31 Mar 22 | 966,855 | 333,706 | 82,431 | 0 |
| 31 Dec 21 | 920,531 | 386,504 | 81,976 | 0 |
| 30 Sep 21 | 748,491 | 298,276 | 76,165 | 0 |
| 30 Jun 21 | 668,834 | 284,859 | 71,374 | 0 |
| 31 Mar 21 | 597,774 | 206,523 | 63,718 | 0 |
| 31 Dec 20 | 526,715 | 128,187 | 56,063 | 0 |
| 30 Sep 20 | 463,081 | 73,512 | 46,384 | 0 |
| 31 Dec 19 | 443,963 | 114,805 | 47,704 | 0 |
| 30 Sep 19 | 445,326 | 111,503 | 43,376 | 0 |
| 31 Dec 18 | 591,158 | 150,438 | 50,454 | 0 |
| 30 Jun 18 | 395,457 | 104,308 | 44,559 | 0 |
| 31 Mar 18 | 332,982 | 107,081 | 42,218 | 0 |
| 31 Dec 17 | 270,508 | 109,854 | 39,877 | 0 |
| 31 Dec 16 | 217,669 | 83,181 | 37,713 | 0 |
| 31 Dec 15 | 234,629 | 76,871 | 39,446 | 0 |
| 30 Sep 15 | 224,667 | 70,289 | 37,266 | 0 |
| 30 Jun 15 | 200,388 | 70,219 | 37,185 | 0 |
| 31 Mar 15 | 166,291 | 60,185 | 34,508 | 0 |
| 31 Dec 14 | 177,266 | 66,450 | 33,619 | 0 |
| 30 Sep 14 | 151,951 | 64,061 | 29,657 | 0 |
| 30 Jun 14 | 144,318 | 62,204 | 26,756 | 0 |
| 31 Mar 14 | 150,499 | 70,337 | 26,311 | 0 |
| 31 Dec 13 | 148,476 | 65,237 | 27,667 | 0 |
| 30 Sep 13 | 148,086 | 61,614 | 29,173 | 0 |
| 30 Jun 13 | 157,389 | 63,969 | 30,433 | 0 |
Quality Earnings: CTS has a high level of non-cash earnings.
Growing Profit Margin: CTS's current net profit margins (22.7%) are higher than last year (10.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CTS's earnings have grown by 4.6% per year over the past 5 years.
Accelerating Growth: CTS's earnings growth over the past year (163.9%) exceeds its 5-year average (4.6% per year).
Earnings vs Industry: CTS earnings growth over the past year (163.9%) exceeded the Capital Markets industry 35.5%.
Return on Equity
High ROE: CTS's Return on Equity (9.2%) is considered low.