Lygend Resources & Technology Past Earnings Performance
Past criteria checks 2/6
Lygend Resources & Technology has been growing earnings at an average annual rate of 10.3%, while the Metals and Mining industry saw earnings growing at 16.5% annually. Revenues have been growing at an average rate of 23.6% per year. Lygend Resources & Technology's return on equity is 12.8%, and it has net margins of 5%.
Key information
10.3%
Earnings growth rate
-13.6%
EPS growth rate
| Metals and Mining Industry Growth | 23.0% |
| Revenue growth rate | 23.6% |
| Return on equity | 12.8% |
| Net Margin | 5.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Unpleasant Surprises Could Be In Store For Lygend Resources & Technology Co., Ltd.'s (HKG:2245) Shares
Apr 09
Lygend Resources & Technology (HKG:2245) Might Be Having Difficulty Using Its Capital Effectively
Jan 11Weak Statutory Earnings May Not Tell The Whole Story For Lygend Resources & Technology (HKG:2245)
Sep 26Getting In Cheap On Lygend Resources & Technology Co., Ltd. (HKG:2245) Is Unlikely
Jul 26Revenue & Expenses BreakdownBeta
How Lygend Resources & Technology 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 Dec 23 | 21,059 | 1,051 | 1,042 | 0 |
| 30 Sep 23 | 19,327 | 887 | 946 | 0 |
| 30 Jun 23 | 17,595 | 724 | 849 | 0 |
| 31 Mar 23 | 17,943 | 1,229 | 867 | 0 |
| 31 Dec 22 | 18,290 | 1,735 | 886 | 0 |
| 30 Sep 22 | 18,314 | 2,049 | 853 | 0 |
| 30 Jun 22 | 18,339 | 2,364 | 820 | 0 |
| 31 Mar 22 | 15,394 | 1,732 | 625 | 0 |
| 31 Dec 21 | 12,449 | 1,100 | 430 | 0 |
| 31 Dec 20 | 7,755 | 520 | 224 | 0 |
| 31 Dec 19 | 9,347 | 566 | 189 | 0 |
Quality Earnings: 2245 has high quality earnings.
Growing Profit Margin: 2245's current net profit margins (5%) are lower than last year (9.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2245's earnings have grown by 10.3% per year over the past 5 years.
Accelerating Growth: 2245's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2245 had negative earnings growth (-39.4%) over the past year, making it difficult to compare to the Metals and Mining industry average (2.6%).
Return on Equity
High ROE: 2245's Return on Equity (12.8%) is considered low.