Lonking Holdings Past Earnings Performance

Past criteria checks 4/6

Lonking Holdings's earnings have been declining at an average annual rate of -24.9%, while the Machinery industry saw earnings growing at 8.9% annually. Revenues have been declining at an average rate of 3.5% per year. Lonking Holdings's return on equity is 7.9%, and it has net margins of 7.8%.

Key information

-24.9%

Earnings growth rate

-24.9%

EPS growth rate

Machinery Industry Growth	7.7%
Revenue growth rate	-3.5%
Return on equity	7.9%
Net Margin	7.8%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Lonking Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SZSC:3339 Revenue, expenses and earnings (CNY Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Jun 24	10,157	796	641	429
31 Mar 24	10,340	721	683	433
31 Dec 23	10,523	645	725	438
30 Sep 23	10,696	603	762	478
30 Jun 23	10,869	560	799	518
31 Mar 23	11,010	480	798	517
31 Dec 22	11,150	400	796	516
30 Sep 22	11,328	440	804	524
30 Jun 22	11,507	479	813	532
31 Mar 22	12,599	877	880	577
31 Dec 21	13,691	1,275	947	623
30 Sep 21	14,124	1,618	979	626
30 Jun 21	14,558	1,960	1,010	628
31 Mar 21	13,719	1,960	958	604
31 Dec 20	12,880	1,959	907	579
30 Sep 20	12,189	1,829	875	555
30 Jun 20	11,498	1,698	843	532
31 Mar 20	11,621	1,671	857	541
31 Dec 19	11,744	1,643	872	550
30 Sep 19	11,862	1,486	875	559
30 Jun 19	11,980	1,329	878	568
31 Mar 19	11,924	1,236	876	556
31 Dec 18	11,868	1,144	873	545
30 Sep 18	11,489	1,198	837	514
30 Jun 18	11,109	1,252	801	483
31 Mar 18	10,052	1,149	759	432
31 Dec 17	8,994	1,046	717	382
30 Sep 17	8,029	903	701	329
30 Jun 17	7,064	760	684	276
31 Mar 17	6,105	611	636	240
31 Dec 16	5,146	462	588	203
30 Sep 16	4,823	301	570	187
30 Jun 16	4,500	139	552	171
31 Mar 16	4,664	128	570	180
31 Dec 15	4,829	117	589	189
30 Sep 15	5,358	182	627	225
30 Jun 15	5,887	248	665	260
31 Mar 15	6,657	332	688	287
31 Dec 14	7,427	417	711	313
30 Sep 14	7,798	450	704	323
30 Jun 14	8,168	483	696	332
31 Mar 14	8,163	481	648	324
31 Dec 13	8,158	480	600	315

Quality Earnings: 3339 has high quality earnings.

Growing Profit Margin: 3339's current net profit margins (7.8%) are higher than last year (5.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 3339's earnings have declined by 24.9% per year over the past 5 years.

Accelerating Growth: 3339's earnings growth over the past year (42.2%) exceeds its 5-year average (-24.9% per year).

Earnings vs Industry: 3339 earnings growth over the past year (42.2%) exceeded the Machinery industry 4.4%.

Lonking Holdings Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

First half 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.072 in 1H 2023)

Lonking Holdings Limited to Report First Half, 2024 Results on Aug 29, 2024

Full year 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.094 in FY 2022)

Full year 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.094 in FY 2022)

Lonking Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

First half 2023 earnings released: EPS: CN¥0.072 (vs CN¥0.035 in 1H 2022)

Recent updates

Now 21% undervalued

First half 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.072 in 1H 2023)

Lonking Holdings Limited to Report First Half, 2024 Results on Aug 29, 2024

Lonking Holdings Limited Approves Final Dividend for the Year Ended 31 December 2023, Payable on or Before 31 July 2024

Upcoming dividend of HK$0.08 per share

Founder & Non Executive Vice Chairman recently sold HK$2.9m worth of stock

Investor sentiment improves as stock rises 16%

Full year 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.094 in FY 2022)

Lonking Holdings Limited, Annual General Meeting, May 28, 2024

Full year 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.094 in FY 2022)

Lonking Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

Lonking Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended December 31, 2023

Founder & Non Executive Vice Chairman recently bought HK$5.7m worth of stock

Founder & Non Executive Vice Chairman recently bought HK$1.8m worth of stock

First half 2023 earnings released: EPS: CN¥0.072 (vs CN¥0.035 in 1H 2022)

First half 2023 earnings released: EPS: CN¥0.072 (vs CN¥0.035 in 1H 2022)

Lonking Holdings Limited to Report First Half, 2023 Results on Aug 29, 2023

Investor sentiment deteriorates as stock falls 16%

Now 24% undervalued after recent price drop

Lonking Holdings Limited Approves Final Dividend for the Year Ended December 31, 2022, Payable on or Before July 28, 2023

Upcoming dividend of HK$0.10 per share at 6.9% yield

Full year 2022 earnings released: EPS: CN¥0.09 (vs CN¥0.30 in FY 2021)

Lonking Holdings Limited to Report Fiscal Year 2022 Results on Mar 28, 2023

Lonking Holdings Limited Provides Group Earnings Guidance for the Year Ended 31 December 2022

Less than half of directors are independent

First half 2022 earnings released: EPS: CN¥0.03 (vs CN¥0.22 in 1H 2021)

Lonking Holdings Limited to Report First Half, 2022 Results on Aug 26, 2022

Investor sentiment deteriorated over the past week

Lonking Holdings Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022

Lonking Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2022, Payment Date Is 14 July 2022

Upcoming dividend of HK$0.22 per share

Less than half of directors are independent

Full year 2021 earnings released: EPS: CN¥0.30 (vs CN¥0.46 in FY 2020)

Lonking Holdings Limited, Annual General Meeting, May 26, 2022

Lonking Holdings Limited, Annual General Meeting, May 26, 2022

Less than half of directors are independent

Lonking Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended December 31, 2021

Lonking Holdings Limited Provides Earnings Guidance for the Year Ended 31 December 2021

Lonking Holdings Limited to Report Q4, 2021 Results on Mar 29, 2022

Lonking Holdings Limited to Report Q4, 2021 Results on Mar 29, 2022

First half 2021 earnings released: EPS CN¥0.22 (vs CN¥0.22 in 1H 2020)

First half 2021 earnings released: EPS CN¥0.22 (vs CN¥0.22 in 1H 2020)

Independent Non-Executive Director has left the company

VP & Executive Director has left the company

Investor sentiment deteriorated over the past week

Lonking Holdings Limited Approves Final Dividend for the Year Ended 31 December 2020, Payable on or Before 30 July 2021

Upcoming dividend of HK$0.33 per share

VP & Executive Director recently sold HK$798k worth of stock

Full year 2020 earnings released: EPS CN¥0.46 (vs CN¥0.38 in FY 2019)

Lonking Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2020

VP & Executive Director recently sold HK$1.6m worth of stock

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS CN¥0.46 (vs CN¥0.38 in FY 2019)

New 90-day high: HK$2.85

Lonking Holdings Limited to Report Fiscal Year 2020 Results on Mar 25, 2021

Henan Futian Xinghai Industrial Co., Ltd. has agreed to acquire Henan Longgong Machinery Manufacturing Co., Ltd from Lonking Holdings Limited (SEHK:3339) and Lonking (Shanghai) Precision Hydraulic Component Co., Ltd. for CNY 745 million.

New 90-day high: HK$2.77

New 90-day high: HK$2.60

Lonking Holdings Limited Announces Renewal of Master Purchase Agreement with Herkules (Shanghai) Automation Equipment Co. Ltd

New 90-day high: HK$2.43

First half earnings released

New 90-day low: HK$2.12

New 90-day low - HK$2.25

First half earnings released

Lonking Holdings Limited to Report First Half, 2020 Results on Aug 26, 2020

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis