Lee & Man Paper Manufacturing Past Earnings Performance

Past criteria checks 4/6

Lee & Man Paper Manufacturing's earnings have been declining at an average annual rate of -25.3%, while the Forestry industry saw earnings growing at 10.7% annually. Revenues have been declining at an average rate of 0.7% per year. Lee & Man Paper Manufacturing's return on equity is 5.9%, and it has net margins of 6%.

Key information

-25.3%

Earnings growth rate

-25.0%

EPS growth rate

Forestry Industry Growth	-24.3%
Revenue growth rate	-0.7%
Return on equity	5.9%
Net Margin	6.0%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Lee & Man Paper Manufacturing makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SHSC:2314 Revenue, expenses and earnings (HKD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	25,235	1,503	1,800
31 Mar 24	25,086	1,277	1,767
31 Dec 23	24,937	1,051	1,733
30 Sep 23	25,519	873	1,776
30 Jun 23	26,101	696	1,819
31 Mar 23	27,636	940	1,917
31 Dec 22	29,170	1,185	2,015
30 Sep 22	30,889	1,585	2,177
30 Jun 22	32,607	1,984	2,339
31 Mar 22	32,559	2,554	2,464
31 Dec 21	32,511	3,123	2,589
30 Sep 21	31,244	3,623	2,446
30 Jun 21	29,977	4,124	2,303
31 Mar 21	27,923	3,824	2,062
31 Dec 20	25,868	3,524	1,821
30 Sep 20	25,568	3,208	1,864
30 Jun 20	25,268	2,892	1,907
31 Mar 20	26,206	3,064	1,868
31 Dec 19	27,144	3,236	1,830
30 Sep 19	27,965	3,408	1,887
30 Jun 19	28,786	3,580	1,945
31 Mar 19	30,497	4,230	2,056
31 Dec 18	32,208	4,880	2,167
30 Sep 18	31,487	5,354	2,062
30 Jun 18	30,767	5,827	1,956
31 Mar 18	28,302	5,434	1,840
31 Dec 17	25,837	5,040	1,723
30 Sep 17	23,625	4,333	1,529
30 Jun 17	21,412	3,626	1,335
31 Mar 17	19,877	3,244	1,236
31 Dec 16	18,342	2,863	1,137
30 Sep 16	17,815	2,752	1,074
30 Jun 16	17,289	2,642	1,011
31 Mar 16	17,452	2,487	1,041
31 Dec 15	17,616	2,332	1,071
30 Sep 15	17,551	2,222	1,115
30 Jun 15	17,486	2,112	1,160
31 Mar 15	17,293	2,008	1,099
31 Dec 14	17,099	1,904	1,039
30 Sep 14	17,138	1,897	1,002
30 Jun 14	17,176	1,890	965
31 Mar 14	17,073	1,919	950
31 Dec 13	16,970	1,948	934

Quality Earnings: 2314 has high quality earnings.

Growing Profit Margin: 2314's current net profit margins (6%) are higher than last year (2.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 2314's earnings have declined by 25.3% per year over the past 5 years.

Accelerating Growth: 2314's earnings growth over the past year (116.1%) exceeds its 5-year average (-25.3% per year).

Earnings vs Industry: 2314 earnings growth over the past year (116.1%) exceeded the Forestry industry -8.7%.

Lee & Man Paper Manufacturing Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

First half 2024 earnings released: EPS: HK$0.18 (vs HK$0.071 in 1H 2023)

Lee & Man Paper Manufacturing Limited to Report First Half, 2024 Results on Aug 01, 2024

Full year 2023 earnings released: EPS: HK$0.24 (vs HK$0.28 in FY 2022)

Full year 2023 earnings released: EPS: HK$0.24 (vs HK$0.28 in FY 2022)

Lee & Man Paper Manufacturing Limited to Report Fiscal Year 2023 Final Results on Mar 08, 2024

First half 2023 earnings released: EPS: HK$0.071 (vs HK$0.18 in 1H 2022)

Recent updates

Investor sentiment deteriorates as stock falls 16%

Investor sentiment improves as stock rises 16%

Now 21% overvalued

Deputy GM & Executive Director recently bought HK$1.1m worth of stock

First half 2024 earnings released: EPS: HK$0.18 (vs HK$0.071 in 1H 2023)

First half dividend increased to HK$0.062

Lee & Man Paper Manufacturing Limited declares Interim Dividend Declared for the Six Months Ended 30 June 2024

Lee & Man Paper Manufacturing Limited to Report First Half, 2024 Results on Aug 01, 2024

Deputy GM & Executive Director recently bought HK$219k worth of stock

Deputy GM & Executive Director recently bought HK$687k worth of stock

Upcoming dividend of HK$0.061 per share

Full year 2023 earnings released: EPS: HK$0.24 (vs HK$0.28 in FY 2022)

Full year 2023 earnings released: EPS: HK$0.24 (vs HK$0.28 in FY 2022)

Lee & Man Paper Manufacturing Limited, Annual General Meeting, May 09, 2024

Lee & Man Paper Manufacturing Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 05 June 2024

Lee & Man Paper Manufacturing Limited to Report Fiscal Year 2023 Final Results on Mar 08, 2024

First half 2023 earnings released: EPS: HK$0.071 (vs HK$0.18 in 1H 2022)

Upcoming dividend of HK$0.025 per share at 3.9% yield

New major risk - Financial position

Lee & Man Paper Manufacturing Limited Announces Executive Changes

Lee & Man Paper Manufacturing Limited Declares Interim Dividend for the Six Months Ended 30 June 2023, Payable on September 5, 2023

Lee & Man Paper Manufacturing Limited Provides Earnings Guidance for the Six Months Ended 30 June 2023

Upcoming dividend of HK$0.033 per share at 3.1% yield

Full year 2022 earnings released: EPS: HK$0.28 (vs HK$0.72 in FY 2021)

Full year 2022 earnings released: EPS: HK$0.28 (vs HK$0.72 in FY 2021)

Lee & Man Paper Manufacturing Limited to Report Fiscal Year 2022 Final Results on Mar 01, 2023

Investor sentiment improves as stock rises 15%

Lee & Man Paper Manufacturing Limited Provides Earnings Guidance for the Year Ended 31 December 2022

Now 22% undervalued

Now 21% undervalued

Lee & Man Paper Manufacturing Limited Announces Resignation of Mr. Cheung Kwok Keung as the Chief Financial Officer

Investor sentiment improved over the past week

Less than half of directors are independent

Insider recently bought HK$3.4m worth of stock

Upcoming dividend of HK$0.065 per share

Lee & Man Paper Manufacturing Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable on 6 September 2022

First half 2022 earnings released

Lee & Man Paper Manufacturing Limited to Report First Half, 2022 Results on Aug 08, 2022

Lee & Man Paper Manufacturing Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022

Insider recently bought HK$5.0m worth of stock

Upcoming dividend of HK$0.11 per share

Less than half of directors are independent

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Insider recently bought HK$20m worth of stock

Insider recently bought HK$22m worth of stock

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Upcoming dividend of HK$0.15 per share

First half 2021 earnings released: EPS HK$0.45 (vs HK$0.31 in 1H 2020)

Upcoming dividend of HK$0.18 per share

Full year 2020 earnings released: EPS HK$0.81 (vs HK$0.74 in FY 2019)

Lee and Man Paper Manufacturing Limited, Annual General Meeting, Apr 30, 2021

Revenue misses expectations

Full year 2020 earnings released: EPS HK$0.81 (vs HK$0.74 in FY 2019)

Investor sentiment improved over the past week

New 90-day high: HK$7.33

Lee and Man Paper Manufacturing Limited to Report Fiscal Year 2020 Results on Mar 02, 2021

New 90-day high: HK$6.83

New 90-day high: HK$6.78

New 90-day high: HK$6.30

New 90-day high: HK$6.02

New 90-day high: HK$5.46

First half earnings released

Upcoming Dividend of HK$0.12 Per Share

First half earnings released

New 90-day high - HK$5.06

Lee and Man Paper Manufacturing Limited to Report First Half, 2020 Results on Aug 04, 2020

Revenue & Expenses Breakdown

Earnings and Revenue History