Negative Operating And Free Cash FlowPersistent negative operating and free cash flow signals weak cash conversion from sales and project completions. For a developer, this constrains land buys, project starts and rehypothecation capacity, raising reliance on external funding and increasing structural liquidity risk over months.
Net Margin CompressionA sharp decline in net margin suggests rising overhead, financing costs or one-off pressures that erode profit quality. Margin compression reduces resilience to revenue swings, weakens capacity to self-fund growth and makes earnings more sensitive to cost or market changes over the medium term.
Significant EPS DeclineA roughly 70% drop in EPS points to material deterioration in per-share profitability despite revenue gains. If sustained, this undermines reinvestment capacity and shareholder returns, signaling operational or financial pressures that could persist across the next several quarters.