Lanka Credit and Business Finance Past Earnings Performance
Past criteria checks 3/6
Lanka Credit and Business Finance's earnings have been declining at an average annual rate of -8.9%, while the Consumer Finance industry saw earnings growing at 13.5% annually. Revenues have been growing at an average rate of 27.5% per year. Lanka Credit and Business Finance's return on equity is 4.9%, and it has net margins of 22.8%.
Key information
-8.9%
Earnings growth rate
-55.8%
EPS growth rate
| Consumer Finance Industry Growth | 12.6% |
| Revenue growth rate | 27.5% |
| Return on equity | 4.9% |
| Net Margin | 22.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Lanka Credit and Business Finance 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 | 619 | 141 | 199 | 0 |
| 30 Sep 23 | 579 | 124 | 188 | 0 |
| 30 Jun 23 | 582 | 172 | 176 | 0 |
| 31 Mar 23 | 561 | 163 | 166 | 0 |
| 31 Dec 22 | 562 | 130 | 149 | 0 |
| 30 Sep 22 | 555 | 130 | 138 | 0 |
| 30 Jun 22 | 509 | 83 | 130 | 0 |
| 31 Mar 22 | 496 | 98 | 122 | 0 |
| 31 Dec 21 | 422 | 37 | 106 | 0 |
| 30 Sep 21 | 394 | 40 | 144 | 0 |
| 30 Jun 21 | 378 | 43 | 100 | 0 |
| 31 Mar 21 | 346 | 25 | 94 | 0 |
| 31 Dec 20 | 271 | 67 | 103 | 0 |
| 30 Sep 20 | 209 | 29 | 90 | 0 |
| 30 Jun 20 | 196 | 15 | 95 | 0 |
| 31 Mar 20 | 212 | 11 | 76 | 0 |
| 31 Mar 19 | 158 | 514 | 61 | 0 |
| 31 Mar 18 | 7 | -7 | 8 | 0 |
Quality Earnings: LCBF.N0000 has high quality earnings.
Growing Profit Margin: LCBF.N0000's current net profit margins (22.8%) are lower than last year (23.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LCBF.N0000's earnings have declined by 8.9% per year over the past 5 years.
Accelerating Growth: LCBF.N0000's earnings growth over the past year (8.3%) exceeds its 5-year average (-8.9% per year).
Earnings vs Industry: LCBF.N0000 earnings growth over the past year (8.3%) exceeded the Consumer Finance industry -10.1%.
Return on Equity
High ROE: LCBF.N0000's Return on Equity (4.9%) is considered low.