Zambian Breweries Past Earnings Performance
Past criteria checks 3/6
Zambian Breweries's earnings have been declining at an average annual rate of -16.6%, while the Beverage industry saw earnings growing at 9.9% annually. Revenues have been growing at an average rate of 20.6% per year. Zambian Breweries's return on equity is 19.8%, and it has net margins of 6.8%.
Key information
-16.6%
Earnings growth rate
-14.3%
EPS growth rate
| Beverage Industry Growth | 11.1% |
| Revenue growth rate | 20.6% |
| Return on equity | 19.8% |
| Net Margin | 6.8% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Zambian Breweries 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 |
|---|---|---|---|---|
| 30 Jun 23 | 3,875 | 262 | 715 | 0 |
| 31 Mar 23 | 3,775 | 174 | 715 | 0 |
| 31 Dec 22 | 3,675 | 86 | 680 | 0 |
| 30 Sep 22 | 3,522 | 99 | 640 | 0 |
| 30 Jun 22 | 3,370 | 111 | 622 | 0 |
| 31 Mar 22 | 3,219 | 120 | 622 | 0 |
| 31 Dec 21 | 3,069 | 129 | 601 | 0 |
| 30 Sep 21 | 2,899 | 120 | 520 | 0 |
| 30 Jun 21 | 2,729 | 112 | 480 | 0 |
| 31 Mar 21 | 2,517 | 59 | 480 | 0 |
| 31 Dec 20 | 2,305 | 5 | 460 | 0 |
| 30 Sep 20 | 2,221 | 61 | 512 | 0 |
| 30 Jun 20 | 2,136 | 31 | 543 | 0 |
| 31 Mar 20 | 2,114 | 135 | 543 | 0 |
| 31 Dec 19 | 2,093 | 274 | 543 | 0 |
| 30 Jun 19 | 1,700 | 388 | 478 | 0 |
| 31 Mar 19 | 1,744 | 364 | 478 | 0 |
| 31 Dec 18 | 1,787 | 152 | 478 | 0 |
| 31 Dec 17 | 1,585 | 260 | 412 | 0 |
| 30 Sep 17 | 1,949 | 264 | 469 | 0 |
| 30 Jun 17 | 1,962 | 196 | 469 | 0 |
| 31 Mar 17 | 1,974 | 128 | 469 | 0 |
| 31 Dec 16 | 1,979 | 152 | 425 | 0 |
| 30 Sep 16 | 1,983 | 176 | 380 | 0 |
| 30 Jun 16 | 1,848 | 185 | 380 | 0 |
| 31 Mar 16 | 1,713 | 194 | 380 | 0 |
| 31 Dec 15 | 1,563 | 184 | 376 | 0 |
| 30 Sep 15 | 1,413 | 169 | 372 | 0 |
| 30 Jun 15 | 1,380 | 151 | 372 | 0 |
| 31 Mar 15 | 1,348 | 132 | 372 | 0 |
| 31 Dec 14 | 1,330 | 139 | 347 | 0 |
| 30 Sep 14 | 1,313 | 152 | 322 | 0 |
| 30 Jun 14 | 1,305 | 164 | 322 | 0 |
| 31 Mar 14 | 1,298 | 175 | 322 | 0 |
| 31 Dec 13 | 1,266 | 153 | 307 | 0 |
| 30 Sep 13 | 1,233 | 130 | 293 | 0 |
| 30 Jun 13 | 1,187 | 118 | 293 | 0 |
Quality Earnings: ZAMBREW has a high level of non-cash earnings.
Growing Profit Margin: ZAMBREW's current net profit margins (6.8%) are higher than last year (3.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ZAMBREW's earnings have declined by 16.6% per year over the past 5 years.
Accelerating Growth: ZAMBREW's earnings growth over the past year (135.5%) exceeds its 5-year average (-16.6% per year).
Earnings vs Industry: ZAMBREW earnings growth over the past year (135.5%) exceeded the Beverage industry 16.4%.
Return on Equity
High ROE: ZAMBREW's Return on Equity (19.8%) is considered low.