Lichen China Past Earnings Performance
Past criteria checks 4/6
Lichen China's earnings have been declining at an average annual rate of -1.2%, while the Professional Services industry saw earnings growing at 10.9% annually. Revenues have been growing at an average rate of 6.3% per year. Lichen China's return on equity is 11.1%, and it has net margins of 18.5%.
Key information
-1.2%
Earnings growth rate
-5.8%
EPS growth rate
| Professional Services Industry Growth | 11.0% |
| Revenue growth rate | 6.3% |
| Return on equity | 11.1% |
| Net Margin | 18.5% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Lichen China's (NASDAQ:LICN) Returns On Capital Not Reflecting Well On The Business
Nov 14
Lichen China Limited's (NASDAQ:LICN) Shares Bounce 26% But Its Business Still Trails The Market
Oct 06Lichen China Limited (NASDAQ:LICN) Surges 33% Yet Its Low P/E Is No Reason For Excitement
Jul 17Lichen China Limited's (NASDAQ:LICN) Share Price Boosted 54% But Its Business Prospects Need A Lift Too
May 21Lichen China Limited's (NASDAQ:LICN) Price Is Right But Growth Is Lacking
Apr 06Lichen China's (NASDAQ:LICN) Returns On Capital Not Reflecting Well On The Business
Feb 07Weak Statutory Earnings May Not Tell The Whole Story For Lichen China (NASDAQ:LICN)
Oct 20Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Jun 24 | 42 | 8 | 14 | 0 |
| 31 Mar 24 | 41 | 8 | 13 | 0 |
| 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 high quality earnings.
Growing Profit Margin: LICN's current net profit margins (18.5%) are higher than last year (14.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LICN's earnings have declined by 1.2% per year over the past 5 years.
Accelerating Growth: LICN's earnings growth over the past year (60%) exceeds its 5-year average (-1.2% per year).
Earnings vs Industry: LICN earnings growth over the past year (60%) exceeded the Professional Services industry 7.3%.
Return on Equity
High ROE: LICN's Return on Equity (11.1%) is considered low.