LeTech Past Earnings Performance
Past criteria checks 3/6
LeTech's earnings have been declining at an average annual rate of -17%, while the Real Estate industry saw earnings growing at 5.2% annually. Revenues have been declining at an average rate of 8.6% per year. LeTech's return on equity is 32.4%, and it has net margins of 9.7%.
Key information
-17.0%
Earnings growth rate
-24.2%
EPS growth rate
| Real Estate Industry Growth | 5.9% |
| Revenue growth rate | -8.6% |
| Return on equity | 32.4% |
| Net Margin | 9.7% |
| Next Earnings Update | 14 Jun 2024 |
Revenue & Expenses BreakdownBeta
How LeTech 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 Jan 24 | 16,505 | 1,598 | 1,627 | 0 |
| 31 Oct 23 | 17,486 | 1,266 | 1,630 | 0 |
| 31 Jul 23 | 15,989 | 1,112 | 1,571 | 0 |
| 30 Apr 23 | 16,309 | 5 | 1,566 | 0 |
| 31 Jan 23 | 23,054 | -356 | 1,558 | 0 |
| 31 Oct 22 | 19,606 | -4,404 | 1,533 | 0 |
| 31 Jul 22 | 18,202 | -4,688 | 1,608 | 0 |
| 30 Apr 22 | 18,731 | -3,480 | 1,436 | 0 |
| 31 Jan 22 | 11,206 | -3,553 | 1,475 | 0 |
| 31 Oct 21 | 14,074 | 222 | 1,928 | 0 |
| 31 Jul 21 | 19,057 | 609 | 2,115 | 0 |
| 30 Apr 21 | 23,438 | 206 | 2,406 | 0 |
| 31 Jan 21 | 23,348 | 345 | 2,510 | 0 |
| 31 Oct 20 | 28,530 | 155 | 2,612 | 0 |
| 31 Jul 20 | 26,703 | 100 | 2,644 | 0 |
| 30 Apr 20 | 24,273 | 158 | 2,728 | 0 |
| 31 Jan 20 | 25,572 | 118 | 2,588 | 0 |
| 31 Oct 19 | 19,531 | 343 | 2,503 | 0 |
| 31 Jul 19 | 23,727 | 694 | 2,734 | 0 |
| 30 Apr 19 | 20,964 | 331 | 2,614 | 0 |
| 31 Jul 18 | 19,263 | 584 | 2,212 | 0 |
| 31 Jul 17 | 14,846 | 475 | 2,110 | 0 |
| 31 Jul 16 | 11,085 | 399 | 1,279 | 0 |
Quality Earnings: 3497 has high quality earnings.
Growing Profit Margin: 3497 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 3497 has become profitable over the past 5 years, growing earnings by -17% per year.
Accelerating Growth: 3497 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 3497 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (8.5%).
Return on Equity
High ROE: Whilst 3497's Return on Equity (32.43%) is high, this metric is skewed due to their high level of debt.