Viet Nam Forestry Corporation - Past Earnings Performance
Past criteria checks 1/6
Viet Nam Forestry -'s earnings have been declining at an average annual rate of -5.9%, while the Forestry industry saw earnings growing at 13.1% annually. Revenues have been declining at an average rate of 3.6% per year. Viet Nam Forestry -'s return on equity is 5.6%, and it has net margins of 17.4%.
Key information
-5.9%
Earnings growth rate
84.9%
EPS growth rate
| Forestry Industry Growth | 5.1% |
| Revenue growth rate | -3.6% |
| Return on equity | 5.6% |
| Net Margin | 17.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Viet Nam Forestry Corporation - 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 | 1,686,058 | 293,510 | 302,861 | 0 |
| 30 Sep 23 | 1,750,330 | 322,389 | 323,671 | 0 |
| 30 Jun 23 | 1,714,072 | 375,699 | 303,322 | 0 |
| 31 Mar 23 | 1,878,979 | 452,198 | 316,896 | 0 |
| 31 Dec 22 | 1,947,316 | 475,484 | 324,801 | 0 |
| 30 Sep 22 | 1,849,330 | 438,441 | 304,269 | 0 |
| 30 Jun 22 | 1,824,623 | 319,985 | 316,773 | 0 |
| 31 Mar 22 | 1,903,049 | 305,599 | 299,736 | 0 |
| 31 Dec 21 | 1,981,124 | 276,707 | 328,278 | 0 |
| 31 Mar 21 | 1,951,666 | 275,628 | 353,049 | 0 |
| 31 Dec 20 | 1,847,685 | 308,338 | 335,010 | 0 |
| 31 Mar 20 | 1,771,412 | 492,614 | 278,208 | 0 |
| 31 Dec 19 | 1,780,147 | 542,734 | 305,800 | 0 |
| 30 Jun 18 | 1,915,532 | 1,040,553 | 313,987 | 0 |
| 31 Mar 18 | 1,969,395 | 1,039,939 | 320,256 | 0 |
| 31 Dec 17 | 1,889,929 | 1,081,906 | 294,091 | 0 |
| 31 Dec 16 | 672,489 | 377,786 | 88,084 | 0 |
Quality Earnings: VIF has high quality earnings.
Growing Profit Margin: VIF's current net profit margins (17.4%) are lower than last year (24.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VIF's earnings have declined by 5.9% per year over the past 5 years.
Accelerating Growth: VIF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VIF had negative earnings growth (-38.3%) over the past year, making it difficult to compare to the Forestry industry average (-12.7%).
Return on Equity
High ROE: VIF's Return on Equity (5.6%) is considered low.