WANG & LEE GROUP Past Earnings Performance
Past criteria checks 0/6
WANG & LEE GROUP's earnings have been declining at an average annual rate of -71.5%, while the Construction industry saw earnings growing at 16.2% annually. Revenues have been growing at an average rate of 12% per year.
Key information
-71.5%
Earnings growth rate
-69.4%
EPS growth rate
| Construction Industry Growth | 20.2% |
| Revenue growth rate | 12.0% |
| Return on equity | -10.8% |
| Net Margin | -9.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How WANG & LEE GROUP 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 | -1 | 3 | 0 |
| 30 Sep 23 | 6 | -1 | 3 | 0 |
| 30 Jun 23 | 4 | -2 | 3 | 0 |
| 31 Mar 23 | 4 | -1 | 2 | 0 |
| 31 Dec 22 | 4 | -1 | 1 | 0 |
| 30 Sep 22 | 4 | -1 | 2 | 0 |
| 30 Jun 22 | 3 | -1 | 2 | 0 |
| 31 Mar 22 | 4 | -1 | 1 | 0 |
| 31 Dec 21 | 4 | 0 | 1 | 0 |
| 30 Sep 21 | 4 | 0 | 1 | 0 |
| 30 Jun 21 | 4 | 1 | 1 | 0 |
| 31 Mar 21 | 4 | 0 | 1 | 0 |
| 31 Dec 20 | 4 | 0 | 1 | 0 |
| 31 Dec 19 | 5 | 0 | 1 | 0 |
Quality Earnings: WLGS is currently unprofitable.
Growing Profit Margin: WLGS is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WLGS is unprofitable, and losses have increased over the past 5 years at a rate of 71.5% per year.
Accelerating Growth: Unable to compare WLGS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WLGS is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (26%).
Return on Equity
High ROE: WLGS has a negative Return on Equity (-10.8%), as it is currently unprofitable.