company background image
LITE.N0000 logo

Laxapana Batteries COSE:LITE.N0000 Stock Report

Last Price

LK₨15.50

Market Cap

LK₨1.0b

7D

-6.1%

1Y

16.5%

Updated

27 Mar, 2024

Data

Company Financials

Laxapana Batteries PLC

COSE:LITE.N0000 Stock Report

Market Cap: LK₨1.0b

LITE.N0000 Stock Overview

Laxapana Batteries PLC engages in the manufacture, import, and trading of dry cell batteries, LED and CFL lighting products, and rechargeable torches in Sri Lanka.

LITE.N0000 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends3/6

Laxapana Batteries PLC Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Laxapana Batteries
Historical stock prices
Current Share PriceLK₨15.50
52 Week HighLK₨18.20
52 Week LowLK₨12.50
Beta0.26
1 Month Change0.65%
3 Month Change4.03%
1 Year Change16.54%
3 Year Change11.51%
5 Year Change53.47%
Change since IPO138.46%

Recent News & Updates

Recent updates

Shareholder Returns

LITE.N0000LK ElectricalLK Market
7D-6.1%0.1%1.4%
1Y16.5%1.3%16.2%

Return vs Industry: LITE.N0000 exceeded the LK Electrical industry which returned 1.8% over the past year.

Return vs Market: LITE.N0000 exceeded the LK Market which returned 15.2% over the past year.

Price Volatility

Is LITE.N0000's price volatile compared to industry and market?
LITE.N0000 volatility
LITE.N0000 Average Weekly Movement5.3%
Electrical Industry Average Movement7.3%
Market Average Movement4.3%
10% most volatile stocks in LK Market6.8%
10% least volatile stocks in LK Market2.8%

Stable Share Price: LITE.N0000 has not had significant price volatility in the past 3 months.

Volatility Over Time: LITE.N0000's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19567n/ahttps://www.laxapana.com

Laxapana Batteries PLC engages in the manufacture, import, and trading of dry cell batteries, LED and CFL lighting products, and rechargeable torches in Sri Lanka. It offers LED ceiling lights, backlit panel lights, high bay lights, outdoor flood lights and flood lamps, solar streetlights, roadway and area lighting, wall lamps, down lights, and tube and batten lights, as well as explosion proof LED lights. The company also provides AA and AAA batteries.

Laxapana Batteries PLC Fundamentals Summary

How do Laxapana Batteries's earnings and revenue compare to its market cap?
LITE.N0000 fundamental statistics
Market capLK₨1.03b
Earnings (TTM)LK₨79.52m
Revenue (TTM)LK₨817.99m

12.9x

P/E Ratio

1.3x

P/S Ratio

Is LITE.N0000 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LITE.N0000 income statement (TTM)
RevenueLK₨817.99m
Cost of RevenueLK₨507.53m
Gross ProfitLK₨310.47m
Other ExpensesLK₨230.94m
EarningsLK₨79.52m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.20
Gross Margin37.95%
Net Profit Margin9.72%
Debt/Equity Ratio26.2%

How did LITE.N0000 perform over the long term?

See historical performance and comparison

Dividends

19.4%

Current Dividend Yield

208%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.