Lai Sun Development Past Earnings Performance

Past criteria checks 0/6

Lai Sun Development's earnings have been declining at an average annual rate of -30.6%, while the Real Estate industry saw earnings declining at 1.5% annually. Revenues have been declining at an average rate of 1.7% per year.

Key information

-30.6%

Earnings growth rate

-17.4%

EPS growth rate

Real Estate Industry Growth	2.8%
Revenue growth rate	-1.7%
Return on equity	-12.8%
Net Margin	-61.3%
Last Earnings Update	31 Jul 2024

Recent past performance updates

Recent updates

Shareholders Will Probably Hold Off On Increasing Lai Sun Development Company Limited's (HKG:488) CEO Compensation For The Time Being

Dec 06

Subdued Growth No Barrier To Lai Sun Development Company Limited (HKG:488) With Shares Advancing 32%

Oct 14

Lai Sun Development Company Limited's (HKG:488) Business Is Trailing The Industry But Its Shares Aren't

Aug 29

Lai Sun Development Company Limited's (HKG:488) Shares Bounce 49% But Its Business Still Trails The Industry

May 21

Some Confidence Is Lacking In Lai Sun Development Company Limited's (HKG:488) P/S

Apr 02

Bullish: This Analyst Just Lifted Their Lai Sun Development Company Limited (HKG:488) Outlook For This Year

Mar 28

Is Lai Sun Development (HKG:488) A Risky Investment?

Mar 30

How Should Investors Feel About Lai Sun Development's (HKG:488) CEO Remuneration?

Feb 22

What Type Of Returns Would Lai Sun Development's(HKG:488) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Jan 27

What Kind Of Shareholders Hold The Majority In Lai Sun Development Company Limited's (HKG:488) Shares?

Jan 06

Is Lai Sun Development (HKG:488) Weighed On By Its Debt Load?

Dec 16

Cheuk Yi Yu Just Bought A Sprinkling of Shares In Lai Sun Development Company Limited (HKG:488)

Nov 25

Does Lai Sun Development's (HKG:488) CEO Salary Compare Well With Industry Peers?

Nov 20

Revenue & Expenses Breakdown

How Lai Sun Development makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SEHK:488 Revenue, expenses and earnings (HKD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Jul 24	5,999	-3,675	1,133
30 Apr 24	5,736	-3,566	1,150
31 Jan 24	5,473	-3,458	1,168
31 Oct 23	5,187	-3,212	1,188
31 Jul 23	4,902	-2,966	1,208
30 Apr 23	4,872	-2,907	1,175
31 Jan 23	4,842	-2,848	1,141
31 Oct 22	4,968	-2,407	1,129
31 Jul 22	5,094	-1,967	1,117
30 Apr 22	5,527	-1,654	1,145
31 Jan 22	5,961	-1,341	1,173
31 Oct 21	5,974	-1,714	1,164
31 Jul 21	5,987	-2,088	1,155
30 Apr 21	5,597	-2,571	1,130
31 Jan 21	5,207	-3,053	1,105
31 Oct 20	5,210	-2,994	1,129
31 Jul 20	5,214	-2,935	1,152
30 Apr 20	5,349	-2,139	1,307
31 Jan 20	5,485	-1,343	1,462
31 Oct 19	5,989	1,750	1,458
31 Jul 19	6,494	4,843	1,454
30 Apr 19	5,542	6,515	1,152
31 Jan 19	4,590	8,188	851
31 Oct 18	3,141	6,262	635
31 Jul 18	1,693	4,335	418
30 Apr 18	1,721	3,370	404
31 Jan 18	1,749	2,404	389
31 Oct 17	1,727	2,249	384
31 Jul 17	1,704	2,094	379
30 Apr 17	1,654	1,571	351
31 Jan 17	1,604	1,048	322
31 Oct 16	1,736	1,098	319
31 Jul 16	1,868	1,148	315
30 Apr 16	1,858	1,636	306
31 Jan 16	1,847	2,123	297
31 Oct 15	1,694	2,071	290
31 Jul 15	1,542	2,018	284
30 Apr 15	1,602	1,892	279
31 Jan 15	1,663	1,765	275
31 Oct 14	1,886	1,622	301
31 Jul 14	2,110	1,479	327
30 Apr 14	1,934	1,350	321
31 Jan 14	1,759	1,221	315

Quality Earnings: 488 is currently unprofitable.

Growing Profit Margin: 488 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 488 is unprofitable, and losses have increased over the past 5 years at a rate of 30.6% per year.

Accelerating Growth: Unable to compare 488's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 488 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-13.2%).

Return on Equity

High ROE: 488 has a negative Return on Equity (-12.77%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/04 06:03
End of Day Share Price	2025/01/03 00:00
Earnings	2024/07/31
Annual Earnings	2024/07/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Lai Sun Development Company Limited is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
C Wong	BNP Paribas Securities (Asia)
Jeff Yau	DBS Bank Ltd
Chi Kin Chan	DBS Vickers Research

Lai Sun Development Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2024 earnings released: HK$2.53 loss per share (vs HK$2.45 loss in FY 2023)

First half 2024 earnings released: HK$1.28 loss per share (vs HK$1.40 loss in 1H 2023)

Lai Sun Development Company Limited to Report First Half, 2024 Results on Mar 31, 2024

Full year 2023 earnings released: HK$2.45 loss per share (vs HK$2.13 loss in FY 2022)

Lai Sun Development Company Limited to Report Fiscal Year 2023 Results on Oct 20, 2023

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Recent updates

Shareholders Will Probably Hold Off On Increasing Lai Sun Development Company Limited's (HKG:488) CEO Compensation For The Time Being

Full year 2024 earnings released: HK$2.53 loss per share (vs HK$2.45 loss in FY 2023)

Lai Sun Development Company Limited, Annual General Meeting, Dec 13, 2024

Subdued Growth No Barrier To Lai Sun Development Company Limited (HKG:488) With Shares Advancing 32%

Lai Sun Development Company Limited Announces Consolidated Earnings Guidance for Year Ended July 31, 2023

Lai Sun Development Company Limited's (HKG:488) Business Is Trailing The Industry But Its Shares Aren't

Lai Sun Development Company Limited's (HKG:488) Shares Bounce 49% But Its Business Still Trails The Industry

Lai Sun Development Company Limited Announces Executive Changes, Effective 1 May 2024

New minor risk - Market cap size

Some Confidence Is Lacking In Lai Sun Development Company Limited's (HKG:488) P/S

First half 2024 earnings released: HK$1.28 loss per share (vs HK$1.40 loss in 1H 2023)

New minor risk - Share price stability

Lai Sun Development Company Limited to Report First Half, 2024 Results on Mar 31, 2024

Full year 2023 earnings released: HK$2.45 loss per share (vs HK$2.13 loss in FY 2022)

Lai Sun Development Company Limited Provides Earnings Guidance for the Year Ended 31 July 2023

Lai Sun Development Company Limited Provides Earnings Guidance for the for the Year Ended 31 July 2023

Lai Sun Development Company Limited to Report Fiscal Year 2023 Results on Oct 20, 2023

Lai Fung Holdings Limited, Lai Sun Development Company Limited, Lai Sun Garment (International) Limited Announces Resignation of Chew Fook Aun as Non-Executive Director Effect from 1 October 2023

Lai Sun Development Company Limited Announces Executive Changes, Effective 1 August 2023

New major risk - Revenue and earnings growth

Bullish: This Analyst Just Lifted Their Lai Sun Development Company Limited (HKG:488) Outlook For This Year

Insider recently bought HK$1.2m worth of stock

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Less than half of directors are independent

Price target decreased to HK$4.55

Full year 2022 earnings released: HK$2.13 loss per share (vs HK$3.03 loss in FY 2021)

Lai Sun Development Company Limited, Annual General Meeting, Dec 16, 2022

Lai Sun Development Company Limited to Report Fiscal Year 2022 Results on Oct 21, 2022

Insider recently bought HK$3.6m worth of stock

Lai Sun Development Company Limited Announces Executive Changes

Lai Sun Development Company Limited Announces Resignation of Leung Wang Ching, Clarence as an Independent Non-Executive Director of the Company, Member of the Audit Committee and the Nomination Committee of the Company with Effect on 25 July 2022

Insider recently bought HK$3.7m worth of stock

First half 2022 earnings released: HK$0.55 loss per share (vs HK$2.01 loss in 1H 2021)

Less than half of directors are independent

First half 2022 earnings released: HK$0.55 loss per share (vs HK$2.01 loss in 1H 2021)

Consensus forecasts updated

Lai Sun Development Company Limited and Lai Fung Holdings Limited Announces Resignation of Tham Seng Yum, Ronald as Executive Director, Effective 26 April 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Price target decreased to HK$5.24

Full year 2021 earnings released: HK$3.03 loss per share (vs HK$4.83 loss in FY 2020)

Insider recently bought HK$340k worth of stock

Insider recently bought HK$12m worth of stock

Insider recently bought HK$38m worth of stock

Insider recently bought HK$6.8m worth of stock

Insider recently bought HK$48m worth of stock

First half 2021 earnings released: HK$2.01 loss per share (vs HK$1.83 loss in 1H 2020)

Consensus forecasts updated

Is Lai Sun Development (HKG:488) A Risky Investment?

First half 2021 earnings released: HK$2.01 loss per share (vs HK$1.83 loss in 1H 2020)

Lai Sun Development Company Limited to Report Q2, 2021 Results on Mar 26, 2021

How Should Investors Feel About Lai Sun Development's (HKG:488) CEO Remuneration?

New 90-day high: HK$7.05

What Type Of Returns Would Lai Sun Development's(HKG:488) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

What Kind Of Shareholders Hold The Majority In Lai Sun Development Company Limited's (HKG:488) Shares?

Is Lai Sun Development (HKG:488) Weighed On By Its Debt Load?

Cheuk Yi Yu Just Bought A Sprinkling of Shares In Lai Sun Development Company Limited (HKG:488)

Insider recently bought HK$2.4m worth of stock

Does Lai Sun Development's (HKG:488) CEO Salary Compare Well With Industry Peers?

Full year 2020 earnings released: HK$4.83 loss per share

Revenue beats expectations

New 90-day low: HK$6.52

Full year earnings released - HK$4.82 loss per share

Annual earnings released: Revenue beats expectations

Lai Sun Development Company Limited to Report Fiscal Year 2020 Results on Oct 23, 2020

New 90-day low: HK$6.88

Price target lowered to HK$10.70

New 90-day low: HK$7.52

New 90-day low - HK$7.99

Lai Sun Development Company Limited (SEHK:488) completed the acquisition of 54.56% stake in Lai Fung Holdings Limited (SEHK:1125) for HKD 1.6 billion.