Transcend Residential Property Fund Past Earnings Performance
Past criteria checks 0/6
Transcend Residential Property Fund's earnings have been declining at an average annual rate of -0.4%, while the Residential REITs industry saw earnings growing at 11.3% annually. Revenues have been growing at an average rate of 10.9% per year. Transcend Residential Property Fund's return on equity is 6.7%, and it has net margins of 29.9%.
Key information
-0.4%
Earnings growth rate
-17.4%
EPS growth rate
| Residential REITs Industry Growth | 11.2% |
| Revenue growth rate | 10.9% |
| Return on equity | 6.7% |
| Net Margin | 29.9% |
| Last Earnings Update | 31 Mar 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Transcend Residential Property Fund 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 23 | 313 | 94 | 1 | 0 |
| 31 Dec 22 | 313 | 103 | 0 | 0 |
| 30 Sep 22 | 310 | 105 | 0 | 0 |
| 30 Jun 22 | 307 | 107 | 0 | 0 |
| 31 Mar 22 | 306 | 163 | 0 | 0 |
| 31 Dec 21 | 305 | 220 | 2 | 0 |
| 30 Jun 21 | 311 | 171 | 0 | 0 |
| 31 Mar 21 | 318 | 69 | 0 | 0 |
| 31 Dec 20 | 325 | -34 | 0 | 0 |
| 30 Jun 20 | 334 | -34 | 0 | 0 |
| 31 Mar 20 | 335 | 17 | 0 | 0 |
| 31 Dec 19 | 336 | 68 | 0 | 0 |
| 30 Sep 19 | 299 | 152 | 0 | 0 |
| 30 Jun 19 | 262 | 236 | 0 | 0 |
| 31 Mar 19 | 212 | 212 | 0 | 0 |
| 31 Dec 18 | 162 | 188 | 0 | 0 |
| 30 Jun 18 | 134 | 63 | 3 | 0 |
| 31 Mar 18 | 136 | 63 | 3 | 0 |
| 31 Dec 17 | 139 | 63 | 3 | 0 |
| 31 Dec 16 | 73 | 33 | 0 | 0 |
Quality Earnings: TPF has a large one-off loss of ZAR27.4M impacting its last 12 months of financial results to 31st March, 2023.
Growing Profit Margin: TPF's current net profit margins (29.9%) are lower than last year (53.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TPF's earnings have declined by 0.4% per year over the past 5 years.
Accelerating Growth: TPF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TPF had negative earnings growth (-42.7%) over the past year, making it difficult to compare to the Residential REITs industry average (3.5%).
Return on Equity
High ROE: TPF's Return on Equity (6.7%) is considered low.