Luzhou Bank Past Earnings Performance
Past criteria checks 5/6
Luzhou Bank has been growing earnings at an average annual rate of 6.6%, while the Banks industry saw earnings growing at 3% annually. Revenues have been growing at an average rate of 11.7% per year. Luzhou Bank's return on equity is 9.3%, and it has net margins of 31.2%.
Key information
6.6%
Earnings growth rate
4.9%
EPS growth rate
| Banks Industry Growth | -0.01% |
| Revenue growth rate | 11.7% |
| Return on equity | 9.3% |
| Net Margin | 31.2% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Do Luzhou Bank's (HKG:1983) Earnings Warrant Your Attention?
Aug 03
Here's Why We Think Luzhou Bank (HKG:1983) Is Well Worth Watching
Jan 31Investors Who Bought Luzhou Bank (HKG:1983) Shares A Year Ago Are Now Up 15%
Feb 19Could Luzhou Bank Co., Ltd. (HKG:1983) Have The Makings Of Another Dividend Aristocrat?
Dec 28Revenue & Expenses BreakdownBeta
How Luzhou Bank 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 | 3,101 | 969 | 1,949 | 0 |
| 31 Dec 23 | 2,977 | 899 | 1,629 | 0 |
| 30 Sep 23 | 2,824 | 703 | 1,718 | 0 |
| 30 Jun 23 | 2,674 | 744 | 1,525 | 0 |
| 31 Mar 23 | 2,670 | 754 | 1,503 | 0 |
| 31 Dec 22 | 2,591 | 712 | 1,483 | 0 |
| 30 Sep 22 | 2,733 | 976 | 1,375 | 0 |
| 30 Jun 22 | 2,636 | 719 | 1,500 | 0 |
| 31 Mar 22 | 2,601 | 835 | 1,367 | 0 |
| 31 Dec 21 | 2,444 | 639 | 1,424 | 0 |
| 30 Sep 21 | 2,318 | 617 | 1,330 | 0 |
| 30 Jun 21 | 2,192 | 596 | 1,237 | 0 |
| 31 Mar 21 | 1,995 | 491 | 1,241 | 0 |
| 31 Dec 20 | 1,915 | 576 | 1,117 | 0 |
| 30 Sep 20 | 1,868 | 584 | 1,050 | 0 |
| 30 Jun 20 | 1,821 | 593 | 983 | 0 |
| 31 Mar 20 | 1,968 | 696 | 1,011 | 0 |
| 31 Dec 19 | 1,862 | 634 | 984 | 0 |
| 30 Sep 19 | 1,897 | 598 | 1,034 | 0 |
| 30 Jun 19 | 1,902 | 772 | 892 | 0 |
| 31 Mar 19 | 1,672 | 721 | 704 | 0 |
| 31 Dec 18 | 1,537 | 658 | 656 | 0 |
| 30 Sep 18 | 1,328 | 590 | 591 | 0 |
| 30 Jun 18 | 1,511 | 707 | 558 | 0 |
| 31 Mar 18 | 1,356 | 607 | 530 | 0 |
| 31 Dec 17 | 1,355 | 619 | 517 | 0 |
| 30 Sep 17 | 1,464 | 728 | 457 | 0 |
| 31 Dec 16 | 1,148 | 542 | 389 | 0 |
| 31 Dec 15 | 852 | 442 | 220 | 0 |
| 31 Dec 14 | 605 | 341 | 143 | 0 |
| 31 Dec 13 | 538 | 284 | 133 | 0 |
Quality Earnings: 1983 has high quality earnings.
Growing Profit Margin: 1983's current net profit margins (31.2%) are higher than last year (28.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1983's earnings have grown by 6.6% per year over the past 5 years.
Accelerating Growth: 1983's earnings growth over the past year (28.6%) exceeds its 5-year average (6.6% per year).
Earnings vs Industry: 1983 earnings growth over the past year (28.6%) exceeded the Banks industry 1.6%.
Return on Equity
High ROE: 1983's Return on Equity (9.3%) is considered low.