Livestock Improvement Corporation Limited

NZSE:LIC Stock Report

Market Cap: NZ$135.2m

Livestock Improvement Past Earnings Performance

Past criteria checks 0/6

Livestock Improvement's earnings have been declining at an average annual rate of -6.3%, while the Food industry saw earnings growing at 0.8% annually. Revenues have been growing at an average rate of 2.7% per year. Livestock Improvement's return on equity is 2.8%, and it has net margins of 2.9%.

Key information

-6.3%

Earnings growth rate

-7.0%

EPS growth rate

Food Industry Growth-2.9%
Revenue growth rate2.7%
Return on equity2.8%
Net Margin2.9%
Last Earnings Update31 May 2024

Recent past performance updates

Investors Can Find Comfort In Livestock Improvement's (NZSE:LIC) Earnings Quality

Aug 01
Investors Can Find Comfort In Livestock Improvement's (NZSE:LIC) Earnings Quality

Solid Earnings May Not Tell The Whole Story For Livestock Improvement (NZSE:LIC)

Jan 31
Solid Earnings May Not Tell The Whole Story For Livestock Improvement (NZSE:LIC)

Recent updates

Investors Can Find Comfort In Livestock Improvement's (NZSE:LIC) Earnings Quality

Aug 01
Investors Can Find Comfort In Livestock Improvement's (NZSE:LIC) Earnings Quality

Livestock Improvement (NZSE:LIC) Is Reducing Its Dividend To NZ$0.0584

Jul 24
Livestock Improvement (NZSE:LIC) Is Reducing Its Dividend To NZ$0.0584

Solid Earnings May Not Tell The Whole Story For Livestock Improvement (NZSE:LIC)

Jan 31
Solid Earnings May Not Tell The Whole Story For Livestock Improvement (NZSE:LIC)

Investors Don't See Light At End Of Livestock Improvement Corporation Limited's (NZSE:LIC) Tunnel

Jan 25
Investors Don't See Light At End Of Livestock Improvement Corporation Limited's (NZSE:LIC) Tunnel

Should You Be Adding Livestock Improvement (NZSE:LIC) To Your Watchlist Today?

Dec 09
Should You Be Adding Livestock Improvement (NZSE:LIC) To Your Watchlist Today?

Livestock Improvement (NZSE:LIC) Has Announced That Its Dividend Will Be Reduced To NZ$0.13

Jul 25
Livestock Improvement (NZSE:LIC) Has Announced That Its Dividend Will Be Reduced To NZ$0.13

A Look At The Intrinsic Value Of Livestock Improvement Corporation Limited (NZSE:LIC)

Jul 22
A Look At The Intrinsic Value Of Livestock Improvement Corporation Limited (NZSE:LIC)

Livestock Improvement (NZSE:LIC) Has Compensated Shareholders With A Respectable 92% Return On Their Investment

Jan 20
Livestock Improvement (NZSE:LIC) Has Compensated Shareholders With A Respectable 92% Return On Their Investment

Are Livestock Improvement's (NZSE:LIC) Statutory Earnings A Good Guide To Its Underlying Profitability?

Nov 26
Are Livestock Improvement's (NZSE:LIC) Statutory Earnings A Good Guide To Its Underlying Profitability?

Revenue & Expenses Breakdown

How Livestock Improvement makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NZSE:LIC Revenue, expenses and earnings (NZD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 May 24267800
29 Feb 242691500
30 Nov 232712300
31 Aug 232742500
31 May 232772700
28 Feb 23274180-4
30 Nov 2227180-8
31 Aug 2226790-4
31 May 222631100
28 Feb 222601809
30 Nov 2125826018
31 Aug 2125325018
31 May 2124924017
30 Nov 2023824014
31 Aug 2024023015
31 May 2024121015
29 Feb 2025119017
30 Nov 1924920015
31 Aug 1924821015
31 May 1924722014
28 Feb 1924625013
30 Nov 1824527013
31 Aug 1824118013
31 May 182369013
28 Feb 1823113016
30 Nov 1722617020
31 Aug 1721519017
31 May 1720421014
28 Feb 171981007
30 Nov 16193-100
31 Aug 16199-200
31 May 16205-400
29 Feb 16209-200
30 Nov 15214000
31 Aug 15221700
31 May 152281400
28 Feb 152291700
30 Nov 142302100
31 Aug 142191900
31 May 142071800
28 Feb 142021900

Quality Earnings: LIC has a large one-off loss of NZ$8.8M impacting its last 12 months of financial results to 31st May, 2024.

Growing Profit Margin: LIC's current net profit margins (2.9%) are lower than last year (9.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: LIC's earnings have declined by 6.3% per year over the past 5 years.

Accelerating Growth: LIC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: LIC had negative earnings growth (-71.7%) over the past year, making it difficult to compare to the Food industry average (-5.9%).


Return on Equity

High ROE: LIC's Return on Equity (2.8%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 13:09
End of Day Share Price 2024/12/20 00:00
Earnings2024/05/31
Annual Earnings2024/05/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Livestock Improvement Corporation Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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