Lung Ming Green Energy Technology Engineering Past Earnings Performance
Past criteria checks 0/6
Lung Ming Green Energy Technology Engineering's earnings have been declining at an average annual rate of -7%, while the Construction industry saw earnings growing at 16.1% annually. Revenues have been declining at an average rate of 5.3% per year.
Key information
-7.0%
Earnings growth rate
-4.2%
EPS growth rate
| Construction Industry Growth | 17.4% |
| Revenue growth rate | -5.3% |
| Return on equity | -72.5% |
| Net Margin | -19.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Lung Ming Green Energy Technology Engineering 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 | 600 | -114 | 125 | 0 |
| 30 Sep 23 | 699 | -70 | 78 | 0 |
| 30 Jun 23 | 705 | -284 | 86 | 0 |
| 31 Mar 23 | 969 | -219 | 90 | 0 |
| 31 Dec 22 | 1,283 | -214 | 102 | 0 |
| 30 Sep 22 | 1,348 | -455 | 96 | 0 |
| 30 Jun 22 | 1,564 | -264 | 108 | 0 |
| 31 Mar 22 | 1,711 | -267 | 118 | 0 |
| 31 Dec 21 | 1,619 | -306 | 131 | 0 |
| 30 Sep 21 | 1,765 | -108 | 126 | 0 |
| 30 Jun 21 | 1,790 | -85 | 155 | 0 |
| 31 Mar 21 | 1,666 | -83 | 159 | 0 |
| 31 Dec 20 | 1,633 | -58 | 165 | 0 |
| 30 Sep 20 | 1,425 | -176 | 199 | 0 |
| 30 Jun 20 | 1,328 | -191 | 172 | 0 |
| 31 Mar 20 | 1,160 | -220 | 185 | 0 |
| 31 Dec 19 | 1,065 | -218 | 197 | 0 |
| 30 Sep 19 | 1,041 | -127 | 211 | 0 |
| 30 Jun 19 | 1,160 | -194 | 245 | 0 |
| 31 Mar 19 | 1,362 | -151 | 235 | 0 |
| 31 Dec 18 | 1,313 | -147 | 217 | 0 |
| 30 Sep 18 | 1,485 | -47 | 186 | 0 |
| 30 Jun 18 | 1,457 | 69 | 136 | 0 |
| 31 Mar 18 | 1,446 | 55 | 129 | 0 |
| 31 Dec 17 | 1,555 | 56 | 113 | 0 |
| 30 Sep 17 | 1,674 | 26 | 99 | 0 |
| 30 Jun 17 | 1,912 | 30 | 89 | 0 |
| 31 Mar 17 | 1,769 | 21 | 76 | 0 |
| 31 Dec 16 | 1,772 | 15 | 76 | 0 |
| 30 Sep 16 | 1,528 | -48 | 75 | 0 |
| 30 Jun 16 | 1,223 | -57 | 77 | 0 |
| 31 Mar 16 | 1,208 | -46 | 72 | 0 |
| 31 Dec 15 | 1,120 | -52 | 75 | 0 |
| 30 Sep 15 | 1,268 | 8 | 83 | 0 |
| 30 Jun 15 | 1,337 | 21 | 89 | 0 |
| 31 Mar 15 | 1,468 | 24 | 102 | 0 |
| 31 Dec 14 | 1,452 | 33 | 97 | 0 |
| 30 Sep 14 | 1,497 | 47 | 90 | 0 |
| 30 Jun 14 | 1,238 | 27 | 82 | 0 |
| 31 Mar 14 | 890 | 8 | 74 | 0 |
| 31 Dec 13 | 664 | -9 | 73 | 0 |
| 30 Sep 13 | 317 | -23 | 89 | 0 |
| 30 Jun 13 | 309 | -15 | 92 | 0 |
Quality Earnings: 3018 is currently unprofitable.
Growing Profit Margin: 3018 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 3018 is unprofitable, and losses have increased over the past 5 years at a rate of 7% per year.
Accelerating Growth: Unable to compare 3018's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 3018 is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (2.3%).
Return on Equity
High ROE: 3018 has a negative Return on Equity (-72.52%), as it is currently unprofitable.