Lankem Developments Past Earnings Performance
Past criteria checks 1/6
Lankem Developments has been growing earnings at an average annual rate of 59.2%, while the Food industry saw earnings growing at 39.7% annually. Revenues have been growing at an average rate of 19.7% per year. Lankem Developments's return on equity is 5%, and it has net margins of 1%.
Key information
59.2%
Earnings growth rate
59.7%
EPS growth rate
| Food Industry Growth | 38.6% |
| Revenue growth rate | 19.7% |
| Return on equity | 5.0% |
| Net Margin | 1.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Lankem Developments 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 | 7,567 | 79 | 383 | 0 |
| 30 Sep 23 | 8,034 | 382 | 422 | 0 |
| 30 Jun 23 | 8,398 | 1,071 | 363 | 0 |
| 31 Mar 23 | 8,571 | 1,113 | 326 | 0 |
| 31 Dec 22 | 7,620 | 1,161 | 281 | 0 |
| 30 Sep 22 | 6,491 | 829 | 174 | 0 |
| 30 Jun 22 | 5,463 | 478 | 158 | 0 |
| 31 Mar 22 | 4,535 | 13 | 139 | 0 |
| 31 Dec 21 | 4,565 | 107 | 161 | 0 |
| 30 Sep 21 | 4,658 | 209 | 168 | 0 |
| 30 Jun 21 | 4,616 | 98 | 165 | 0 |
| 31 Mar 21 | 4,332 | 137 | 159 | 0 |
| 31 Dec 20 | 3,852 | -284 | 143 | 0 |
| 30 Sep 20 | 3,618 | -493 | 131 | 0 |
| 30 Jun 20 | 3,273 | -610 | 133 | 0 |
| 31 Mar 20 | 3,218 | -770 | 139 | 0 |
| 31 Dec 19 | 3,296 | -561 | 140 | 0 |
| 30 Sep 19 | 3,475 | -403 | 140 | 0 |
| 30 Jun 19 | 3,834 | -232 | 137 | 0 |
| 31 Mar 19 | 4,083 | -43 | 135 | 0 |
| 31 Dec 18 | 4,396 | 95 | 136 | 0 |
| 30 Sep 18 | 4,633 | 163 | 139 | 0 |
| 30 Jun 18 | 4,633 | 257 | 129 | 0 |
| 31 Mar 18 | 4,731 | 325 | 127 | 0 |
| 31 Dec 17 | 4,689 | 314 | 104 | 0 |
| 30 Sep 17 | 4,272 | 252 | 99 | 0 |
| 30 Jun 17 | 3,899 | 132 | 105 | 0 |
| 31 Mar 17 | 3,477 | 12 | 102 | 0 |
| 31 Dec 16 | 3,244 | -66 | 118 | 0 |
| 30 Sep 16 | 3,354 | -111 | 113 | 0 |
| 30 Jun 16 | 3,460 | -95 | 115 | 0 |
| 31 Mar 16 | 3,544 | -107 | 120 | 0 |
| 31 Dec 15 | 3,530 | -116 | 153 | 0 |
| 30 Sep 15 | 3,497 | -140 | 184 | 0 |
| 30 Jun 15 | 3,620 | -191 | 216 | 0 |
| 31 Mar 15 | 3,621 | -189 | 250 | 0 |
| 31 Dec 14 | 3,634 | -27 | 239 | 0 |
| 30 Sep 14 | 3,721 | 16 | 238 | 0 |
| 30 Jun 14 | 3,539 | 70 | 233 | 0 |
| 31 Mar 14 | 3,482 | 16 | 229 | 0 |
| 31 Dec 13 | 3,323 | -317 | 213 | 0 |
| 30 Sep 13 | 3,368 | -280 | 217 | 0 |
| 30 Jun 13 | 3,234 | -259 | 213 | 0 |
Quality Earnings: LDEV.N0000 has a large one-off gain of LKR225.0M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: LDEV.N0000's current net profit margins (1%) are lower than last year (15.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LDEV.N0000's earnings have grown significantly by 59.2% per year over the past 5 years.
Accelerating Growth: LDEV.N0000's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LDEV.N0000 had negative earnings growth (-93.2%) over the past year, making it difficult to compare to the Food industry average (-48.1%).
Return on Equity
High ROE: LDEV.N0000's Return on Equity (5%) is considered low.