Lichen China Past Earnings Performance
Past criteria checks 2/6
Lichen China's earnings have been declining at an average annual rate of -2.8%, while the Professional Services industry saw earnings growing at 11.1% annually. Revenues have been growing at an average rate of 4.1% per year. Lichen China's return on equity is 13.6%, and it has net margins of 21%.
Key information
-2.8%
Earnings growth rate
-5.6%
EPS growth rate
| Professional Services Industry Growth | 11.0% |
| Revenue growth rate | 4.1% |
| Return on equity | 13.6% |
| Net Margin | 21.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Lichen China 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 | 40 | 8 | 12 | 0 |
| 30 Sep 23 | 37 | 7 | 12 | 0 |
| 30 Jun 23 | 34 | 5 | 12 | 0 |
| 31 Mar 23 | 34 | 6 | 11 | 0 |
| 31 Dec 22 | 34 | 8 | 10 | 0 |
| 30 Sep 22 | 34 | 8 | 9 | 0 |
| 30 Jun 22 | 33 | 8 | 9 | 0 |
| 31 Mar 22 | 34 | 8 | 9 | 0 |
| 31 Dec 21 | 34 | 8 | 9 | 0 |
| 30 Sep 21 | 35 | 9 | 10 | 0 |
| 30 Jun 21 | 35 | 9 | 10 | 0 |
| 31 Mar 21 | 33 | 8 | 10 | 0 |
| 31 Dec 20 | 31 | 6 | 10 | 0 |
| 31 Dec 19 | 32 | 7 | 10 | 0 |
Quality Earnings: LICN has a high level of non-cash earnings.
Growing Profit Margin: LICN's current net profit margins (21%) are lower than last year (23.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LICN's earnings have declined by 2.8% per year over the past 5 years.
Accelerating Growth: LICN's earnings growth over the past year (6.7%) exceeds its 5-year average (-2.8% per year).
Earnings vs Industry: LICN earnings growth over the past year (6.7%) exceeded the Professional Services industry -1.5%.
Return on Equity
High ROE: LICN's Return on Equity (13.6%) is considered low.