Grindrod Shipping Holdings Ltd.

JSE:GSH Stock Report

Market Cap: R4.2b

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This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Grindrod Shipping Holdings Past Earnings Performance

Past criteria checks 0/6

Grindrod Shipping Holdings has been growing earnings at an average annual rate of 44.9%, while the Shipping industry saw earnings growing at 28.1% annually. Revenues have been growing at an average rate of 9.1% per year.

Key information

44.93%

Earnings growth rate

45.02%

EPS growth rate

Shipping Industry Growth12.21%
Revenue growth rate9.06%
Return on equity-3.91%
Net Margin-2.49%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Grindrod Shipping Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

JSE:GSH Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 23387-10330
30 Sep 23380-12360
30 Jun 2337419410
31 Mar 2342770420
31 Dec 22460103400
30 Sep 22522161400
30 Jun 22549183380
31 Mar 22498149380
31 Dec 21456122360
30 Sep 2130361280
30 Jun 212223230
31 Mar 21196-25220
31 Dec 20211-33210
30 Sep 20303-37260
30 Jun 20331-35270
31 Mar 20331-39280
31 Dec 19272-27240
30 Sep 19333-35280
30 Jun 19335-26280
31 Mar 19327-23300
31 Dec 18319-21320
30 Sep 18343-44340
30 Jun 18366-67370
31 Mar 18388-64350
31 Dec 17410-61330
31 Dec 16372-44300
31 Dec 15434-90280

Quality Earnings: GSH is currently unprofitable.

Growing Profit Margin: GSH is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: GSH is unprofitable, but has reduced losses over the past 5 years at a rate of 44.9% per year.

Accelerating Growth: Unable to compare GSH's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GSH is unprofitable, making it difficult to compare its past year earnings growth to the Shipping industry (-18.9%).


Return on Equity

High ROE: GSH has a negative Return on Equity (-3.91%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/09/03 21:36
End of Day Share Price 2024/08/28 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Grindrod Shipping Holdings Ltd. is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Charles FrattAlliance Global Partners
Mpho MokotsoAvior Capital Markets
Randall GiveansJefferies LLC