LET Group Holdings Past Earnings Performance

Past criteria checks 2/6

LET Group Holdings has been growing earnings at an average annual rate of 27.5%, while the Hospitality industry saw earnings declining at 10.1% annually. Revenues have been declining at an average rate of 22.7% per year. LET Group Holdings's return on equity is 7.9%, and it has net margins of 60.3%.

Key information

27.5%

Earnings growth rate

29.1%

EPS growth rate

Hospitality Industry Growth	-9.4%
Revenue growth rate	-22.7%
Return on equity	7.9%
Net Margin	60.3%
Last Earnings Update	30 Jun 2023

Recent past performance updates

Recent updates

Shareholders Of Suncity Group Holdings (HKG:1383) Must Be Happy With Their 201% Total Return

Dec 07

Revenue & Expenses Breakdown
Beta

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

Earnings and Revenue History

SEHK:1383 Revenue, expenses and earnings (HKD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 23	395	238	242
31 Mar 23	395	-154	232
31 Dec 22	394	-547	223
30 Sep 22	362	-750	200
30 Jun 22	340	-1,033	212
31 Mar 22	317	-798	213
31 Dec 21	294	-562	214
30 Jun 21	237	1,143	220
31 Mar 21	210	1,172	206
31 Dec 20	182	1,198	191
30 Sep 20	319	523	204
30 Jun 20	416	-78	197
31 Mar 20	543	-851	190
31 Dec 19	685	-1,661	187
30 Sep 19	688	-1,398	149
30 Jun 19	732	-1,211	118
31 Mar 19	840	-1,476	125
31 Dec 18	902	-1,660	126
30 Sep 18	815	-1,298	124
30 Jun 18	757	-970	126
31 Mar 18	740	-389	150
31 Dec 17	654	237	160
30 Sep 17	1,063	-630	188
30 Jun 17	1,457	-1,462	215
31 Mar 17	1,340	-1,113	191
31 Dec 16	1,238	-784	170
30 Sep 16	1,131	-507	162
30 Jun 16	976	-197	147
31 Mar 16	939	-249	151
31 Dec 15	867	-292	149
30 Sep 15	1,044	-256	153
30 Jun 15	1,234	-218	157
31 Mar 15	1,191	-199	162
31 Dec 14	1,147	-180	167
30 Sep 14	617	-445	172
30 Jun 14	71	-697	173
31 Mar 14	177	-710	201
31 Dec 13	291	-741	235
30 Sep 13	462	-376	209
30 Jun 13	634	-19	185

Quality Earnings: 1383 has a large one-off gain of HK$484.9M impacting its last 12 months of financial results to 30th June, 2023.

Growing Profit Margin: 1383 became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 1383 has become profitable over the past 5 years, growing earnings by 27.5% per year.

Accelerating Growth: 1383 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 1383 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (47.3%).

LET Group Holdings Past Earnings Performance

Past criteria checks 2/6

Key information

Recent past performance updates

First half 2023 earnings released: EPS: HK$0.066 (vs HK$0.05 loss in 1H 2022)

First half 2023 earnings released: EPS: HK$0.066 (vs HK$0.05 loss in 1H 2022)

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

Full year 2022 earnings released: HK$0.082 loss per share (vs HK$0.11 loss in FY 2021)

First half 2022 earnings released: HK$0.05 loss per share (vs HK$0.021 profit in 1H 2021)

Suncity Group Holdings Limited to Report First Half, 2022 Results on Aug 29, 2022

Recent updates

LET Group Holdings Limited Announces Board and Committee Changes

LET Group Holdings Limited Announces Board Changes

Executive Chairman of the Board recently bought HK$454k worth of stock

First half 2023 earnings released: EPS: HK$0.066 (vs HK$0.05 loss in 1H 2022)

First half 2023 earnings released: EPS: HK$0.066 (vs HK$0.05 loss in 1H 2022)

Let Group Holdings Limited Announces Unaudited Consolidated Profit Guidance for the Six Months Ended 30 June 2023

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

New minor risk - Share price stability

Full year 2022 earnings released: HK$0.082 loss per share (vs HK$0.11 loss in FY 2021)

LET Group Holdings Limited Announces Management Changes

Chairman of the board recently sold HK$2.1m worth of stock

Insufficient new directors

First half 2022 earnings released: HK$0.05 loss per share (vs HK$0.021 profit in 1H 2021)

Insufficient new directors

Let Group Holdings Limited Appoints Lo Kai Bong as Chairman of the Board

LET Group Holdings Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2022

Suncity Group Holdings Limited to Report First Half, 2022 Results on Aug 29, 2022

Insufficient new directors

Insufficient new directors

Suncity Group Holdings Limited, Annual General Meeting, Jun 27, 2022

First half 2021 earnings released: EPS CN¥0.009 (vs CN¥0.024 in 1H 2020)

An unknown buyer completed the acquisition of Sun Century Property Group Company Limited from Suncity Group Holdings Limited (SEHK:1383).

Full year 2020 earnings released: EPS CN¥0.11 (vs CN¥0.22 loss in FY 2019)

Suncity Group Holdings Limited Provides Earnings Guidance for the Year Ended December 31, 2020

Suncity Group Holdings Limited to Report Fiscal Year 2020 Results on Mar 29, 2021

An unknown buyer signed an agreement to acquire Sun Century Property Group Company Limited from Suncity Group Holdings Limited (SEHK:1383) for approximately CNY 160 million.

New 90-day high: HK$0.78

New 90-day low: HK$0.63

Shareholders Of Suncity Group Holdings (HKG:1383) Must Be Happy With Their 201% Total Return

Suncity Group Holdings Limited Announces Executive Changes

New 90-day low: HK$0.67

First half earnings released

New 90-day low: HK$0.76

First half earnings released

Suncity Group Holdings Limited to Report First Half, 2020 Results on Aug 28, 2020

New 90-day low - HK$0.80

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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