Thungela Resources Past Earnings Performance
Past criteria checks 2/6
Thungela Resources has been growing earnings at an average annual rate of 47.2%, while the Oil and Gas industry saw earnings growing at 12% annually. Revenues have been growing at an average rate of 39.4% per year. Thungela Resources's return on equity is 20.2%, and it has net margins of 16.9%.
Key information
47.2%
Earnings growth rate
42.8%
EPS growth rate
| Oil and Gas Industry Growth | 27.8% |
| Revenue growth rate | 39.4% |
| Return on equity | 20.2% |
| Net Margin | 16.9% |
| Next Earnings Update | 24 Apr 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Thungela Resources 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 | 30,634 | 5,162 | 10,278 | 0 |
| 30 Sep 23 | 34,785 | 8,136 | 9,936 | 0 |
| 30 Jun 23 | 38,936 | 11,110 | 9,207 | 0 |
| 31 Mar 23 | 44,845 | 14,049 | 8,992 | 0 |
| 31 Dec 22 | 50,753 | 16,988 | 9,163 | 0 |
| 30 Sep 22 | 46,583 | 16,072 | 8,731 | 0 |
| 30 Jun 22 | 42,412 | 15,155 | 8,298 | 0 |
| 31 Mar 22 | 34,347 | 10,792 | 8,333 | 0 |
| 31 Dec 21 | 26,282 | 6,429 | 8,367 | 0 |
| 30 Sep 21 | 19,211 | 3,226 | 6,917 | 0 |
| 30 Jun 21 | 12,139 | 23 | 5,467 | 0 |
| 31 Mar 21 | 7,945 | -153 | 3,664 | 0 |
| 31 Dec 20 | 3,750 | -330 | 1,861 | 0 |
Quality Earnings: TGA has high quality earnings.
Growing Profit Margin: TGA's current net profit margins (16.9%) are lower than last year (33.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if TGA's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: TGA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TGA had negative earnings growth (-69.6%) over the past year, making it difficult to compare to the Oil and Gas industry average (-12%).
Return on Equity
High ROE: TGA's Return on Equity (20.2%) is considered high.