Ligao FoodsLtd Past Earnings Performance
Past criteria checks 0/6
Ligao FoodsLtd's earnings have been declining at an average annual rate of -18%, while the Food industry saw earnings growing at 2.9% annually. Revenues have been growing at an average rate of 14.6% per year. Ligao FoodsLtd's return on equity is 3.9%, and it has net margins of 2.8%.
Key information
-18.0%
Earnings growth rate
-26.4%
EPS growth rate
Food Industry Growth | 7.2% |
Revenue growth rate | 14.6% |
Return on equity | 3.9% |
Net Margin | 2.8% |
Next Earnings Update | 30 Aug 2024 |
Recent past performance updates
Recent updates
The Returns On Capital At Ligao FoodsLtd (SZSE:300973) Don't Inspire Confidence
Aug 07Ligao Foods Co.,Ltd. (SZSE:300973) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable
May 21Earnings Troubles May Signal Larger Issues for Ligao FoodsLtd (SZSE:300973) Shareholders
May 05Results: Ligao Foods Co.,Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts
Apr 30Are Ligao Foods Co.,Ltd. (SZSE:300973) Investors Paying Above The Intrinsic Value?
Apr 12Be Wary Of Ligao FoodsLtd (SZSE:300973) And Its Returns On Capital
Mar 05Revenue & Expenses Breakdown
How Ligao FoodsLtd 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 24 | 3,621 | 100 | 828 | 151 |
31 Dec 23 | 3,499 | 73 | 807 | 148 |
30 Sep 23 | 3,442 | 202 | 688 | 146 |
30 Jun 23 | 3,223 | 182 | 640 | 142 |
31 Mar 23 | 3,075 | 154 | 615 | 130 |
01 Jan 23 | 2,911 | 144 | 598 | 122 |
30 Sep 22 | 2,907 | 186 | 598 | 103 |
30 Jun 22 | 2,889 | 217 | 581 | 91 |
31 Mar 22 | 2,868 | 250 | 576 | 91 |
01 Jan 22 | 2,817 | 283 | 543 | 82 |
30 Sep 21 | 2,571 | 271 | 491 | 82 |
30 Jun 21 | 2,391 | 293 | 448 | 72 |
31 Mar 21 | 2,137 | 287 | 387 | 58 |
31 Dec 20 | 1,810 | 232 | 342 | 53 |
31 Dec 19 | 1,584 | 181 | 381 | 42 |
31 Dec 18 | 1,313 | 52 | 378 | 36 |
31 Dec 17 | 956 | 44 | 241 | 30 |
Quality Earnings: 300973 has a large one-off gain of CN¥21.1M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 300973's current net profit margins (2.8%) are lower than last year (5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 300973's earnings have declined by 18% per year over the past 5 years.
Accelerating Growth: 300973's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 300973 had negative earnings growth (-34.9%) over the past year, making it difficult to compare to the Food industry average (6.6%).
Return on Equity
High ROE: 300973's Return on Equity (3.9%) is considered low.