Lets Holdings Group Past Earnings Performance
Past criteria checks 1/6
Lets Holdings Group's earnings have been declining at an average annual rate of -23.2%, while the Basic Materials industry saw earnings declining at 7.3% annually. Revenues have been declining at an average rate of 3.7% per year. Lets Holdings Group's return on equity is 2.3%, and it has net margins of 3.3%.
Key information
-23.2%
Earnings growth rate
-23.8%
EPS growth rate
| Basic Materials Industry Growth | 3.3% |
| Revenue growth rate | -3.7% |
| Return on equity | 2.3% |
| Net Margin | 3.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Weak Statutory Earnings May Not Tell The Whole Story For Lets Holdings Group (SZSE:002398)
Nov 04
Lets Holdings Group's (SZSE:002398) Problems Go Beyond Weak Profit
May 06Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Lets Holdings Group (SZSE:002398)
Nov 04Lets Holdings Group Co., Ltd.'s (SZSE:002398) Shares Not Telling The Full Story
Sep 30Lets Holdings Group's (SZSE:002398) Problems Go Beyond Weak Profit
May 06News Flash: 3 Analysts Think Lets Holdings Group Co., Ltd. (SZSE:002398) Earnings Are Under Threat
Apr 21Investors Aren't Buying Lets Holdings Group Co., Ltd.'s (SZSE:002398) Earnings
Apr 17Revenue & Expenses Breakdown
How Lets Holdings Group 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 Sep 24 | 2,671 | 88 | 379 | 150 |
| 30 Jun 24 | 2,744 | 106 | 391 | 163 |
| 31 Mar 24 | 2,939 | 153 | 399 | 170 |
| 31 Dec 23 | 3,058 | 159 | 405 | 172 |
| 30 Sep 23 | 3,125 | 169 | 398 | 185 |
| 30 Jun 23 | 3,434 | 200 | 389 | 188 |
| 31 Mar 23 | 3,704 | 204 | 401 | 187 |
| 01 Jan 23 | 3,947 | 211 | 413 | 188 |
| 30 Sep 22 | 4,413 | 249 | 406 | 188 |
| 30 Jun 22 | 4,648 | 257 | 428 | 192 |
| 31 Mar 22 | 4,910 | 255 | 438 | 194 |
| 31 Dec 21 | 4,918 | 272 | 435 | 188 |
| 30 Sep 21 | 4,864 | 321 | 429 | 182 |
| 30 Jun 21 | 4,636 | 348 | 414 | 169 |
| 31 Mar 21 | 4,308 | 392 | 381 | 159 |
| 31 Dec 20 | 3,871 | 372 | 364 | 152 |
| 30 Sep 20 | 3,606 | 375 | 373 | 154 |
| 30 Jun 20 | 3,423 | 371 | 379 | 147 |
| 31 Mar 20 | 3,241 | 366 | 396 | 135 |
| 31 Dec 19 | 3,394 | 402 | 416 | 124 |
| 30 Sep 19 | 3,185 | 357 | 424 | 95 |
| 30 Jun 19 | 3,042 | 338 | 390 | 87 |
| 31 Mar 19 | 2,867 | 291 | 371 | 89 |
| 31 Dec 18 | 2,716 | 249 | 352 | 83 |
| 30 Sep 18 | 2,551 | 261 | 314 | 74 |
| 30 Jun 18 | 2,331 | 230 | 294 | 74 |
| 31 Mar 18 | 2,112 | 208 | 279 | 49 |
| 31 Dec 17 | 1,998 | 191 | 274 | 42 |
| 30 Sep 17 | 1,785 | 172 | 271 | 21 |
| 30 Jun 17 | 1,645 | 159 | 279 | 0 |
| 31 Mar 17 | 1,491 | 159 | 270 | 0 |
| 31 Dec 16 | 1,385 | 167 | 271 | 0 |
| 30 Sep 16 | 1,298 | 168 | 265 | 0 |
| 30 Jun 16 | 1,257 | 179 | 270 | 0 |
| 31 Mar 16 | 1,299 | 194 | 272 | 0 |
| 31 Dec 15 | 1,345 | 202 | 274 | 0 |
| 30 Sep 15 | 1,461 | 215 | 281 | 0 |
| 30 Jun 15 | 1,586 | 220 | 284 | 0 |
| 31 Mar 15 | 1,704 | 226 | 297 | 0 |
| 31 Dec 14 | 1,789 | 222 | 299 | 0 |
| 30 Sep 14 | 1,867 | 218 | 304 | 0 |
| 30 Jun 14 | 1,869 | 219 | 298 | 0 |
| 31 Mar 14 | 1,804 | 218 | 289 | 0 |
| 31 Dec 13 | 1,772 | 226 | 276 | 0 |
Quality Earnings: 002398 has high quality earnings.
Growing Profit Margin: 002398's current net profit margins (3.3%) are lower than last year (5.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002398's earnings have declined by 23.2% per year over the past 5 years.
Accelerating Growth: 002398's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002398 had negative earnings growth (-48.2%) over the past year, making it difficult to compare to the Basic Materials industry average (-22.9%).
Return on Equity
High ROE: 002398's Return on Equity (2.3%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 05:35 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Lets Holdings Group Co., Ltd. is covered by 19 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Chao Fan | Changjiang Securities Co. LTD. |
| Qing Gong | China International Capital Corporation Limited |
| Xudong Yao | China International Capital Corporation Limited |