Lake Materials Past Earnings Performance
Past criteria checks 1/6
Lake Materials has been growing earnings at an average annual rate of 53.6%, while the Chemicals industry saw earnings growing at 12.4% annually. Revenues have been growing at an average rate of 29.6% per year. Lake Materials's return on equity is 22%, and it has net margins of 20.5%.
Key information
53.6%
Earnings growth rate
53.7%
EPS growth rate
| Chemicals Industry Growth | 13.9% |
| Revenue growth rate | 29.6% |
| Return on equity | 22.0% |
| Net Margin | 20.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Lake Materials' (KOSDAQ:281740) Weak Earnings May Only Reveal A Part Of The Whole Picture
Mar 27
Is Lake Materials (KOSDAQ:281740) A Risky Investment?
Mar 12Market Participants Recognise Lake Materials Co., Ltd.'s (KOSDAQ:281740) Earnings Pushing Shares 41% Higher
Feb 26Is Now The Time To Put Lake Materials (KOSDAQ:281740) On Your Watchlist?
Apr 20Revenue & Expenses BreakdownBeta
How Lake Materials 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 | 117,790 | 24,130 | 7,856 | 3,702 |
| 30 Sep 23 | 123,631 | 26,239 | 7,733 | 3,502 |
| 30 Jun 23 | 129,032 | 29,057 | 7,260 | 3,330 |
| 31 Mar 23 | 132,879 | 28,637 | 6,723 | 2,654 |
| 31 Dec 22 | 131,507 | 27,009 | 6,293 | 2,396 |
| 30 Sep 22 | 118,143 | 22,808 | 5,767 | 2,182 |
| 30 Jun 22 | 107,967 | 21,735 | 5,325 | 1,883 |
| 31 Mar 22 | 94,030 | 21,109 | 4,745 | 1,671 |
| 31 Dec 21 | 81,854 | 18,050 | 4,040 | 1,548 |
| 30 Sep 21 | 74,479 | 16,625 | 3,318 | 1,464 |
| 30 Jun 21 | 65,221 | 11,321 | 3,339 | 1,542 |
| 31 Mar 21 | 55,265 | 6,666 | 3,180 | 1,653 |
| 31 Dec 20 | 46,487 | 1,984 | 3,475 | 1,639 |
| 30 Sep 20 | 40,675 | 1,162 | 4,200 | 1,609 |
| 30 Jun 20 | 36,780 | 785 | 3,929 | 1,557 |
| 31 Mar 20 | 35,991 | 994 | 3,792 | 1,452 |
| 31 Dec 19 | 34,859 | 1,759 | 3,664 | 1,354 |
Quality Earnings: A281740 has a high level of non-cash earnings.
Growing Profit Margin: A281740's current net profit margins (20.5%) are lower than last year (20.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: A281740's earnings have grown significantly by 53.6% per year over the past 5 years.
Accelerating Growth: A281740's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: A281740 had negative earnings growth (-10.7%) over the past year, making it difficult to compare to the Chemicals industry average (-14.1%).
Return on Equity
High ROE: Whilst A281740's Return on Equity (22.01%) is high, this metric is skewed due to their high level of debt.