Re: PLC.N0000 (People's Leasing and Finance PLC)

[First Guy]

PINS is already consolidated isn't it?

[yellow knifeTop contributor]

Well I quoted from 10 year summary and top of the table it is mentioned company. Yeah its consolidated accounts in ten year summary. So it must include PINS as well .

[First Guy]

Well I quoted from 10 year summary and top of the table it is mentioned company. Yeah its consolidated accounts in ten year summary. So it must include PINS as well .

Yes you are right. I got confused when I saw Back's question

[කිත්සිරි ද සිල්වාTop contributor]

[size=18][size=18]People's Leasing & Finance[/size][/size]

PLC.N0000

Share Price 7 Day 1 Year 11 0.0% 0.7% [size=18]Second-quarter 2022 earnings released: EPS LK₨0.62 (vs LK₨0.59 in 2Q 2021)[/size] The company reported a solid second-quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2022 results: Revenue: LK₨4.68b (up 4.1% from 2Q 2021). Net income: LK₨1.11b (up 4.9% from 2Q 2021). Profit margin: 24% (in line with 2Q 2021). [size] Over the last 3 years on average, earnings per share has fallen by 8% year and the company’s share price has also fallen by 8% per year.[/size]

[කිත්සිරි ද සිල්වාTop contributor]

People's Leasing & Finance
PLC.N0000

Share Price 7 Day 1 Year  
10.7   0.9%         -4.5%  

 
Third-quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Third-quarter 2022 results:

EPS: LK₨0.82 (up from LK₨0.25 in 3Q 2021).

Revenue: LK₨5.75b (up 69% from 3Q 2021).

Net income: LK₨1.54b (up 217% from 3Q 2021).

Profit margin: 27% (up from 14% in 3Q 2021). 

The increase in margin was driven by higher revenue.

Revenue missed analyst estimates by 8.3%.

Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year.

[pjrngroup]

Thanks a lot for the update Kith.

[කිත්සිරි ද සිල්වාTop contributor]

PLC.N0000
Share Price 7 Day    1 Year  
6.30         0.0%        -46.3%  

 
Full-year 2022 earnings released: EPS: LK₨2.55 (vs LK₨2.81 in FY 2021)
Full-year 2022 results:

EPS: LK₨2.55 (down from LK₨2.81 in FY 2021).
Revenue: LK₨20.4b (up 8.3% from FY 2021).
Net income: LK₨4.81b (down 9.2% from FY 2021).
Profit margin: 24% (down from 28% in FY 2021). The decrease in margin was driven by higher expenses.
Over the last 3 years on average, earnings per share have increased by 6% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging behind earnings.

[කිත්සිරි ද සිල්වාTop contributor]

PLC.N0000
Share Price 7 Day 1 Year  
5.70                 0.0% -42.4%  

 
Second quarter 2023 earnings released: EPS: LK₨0.35 (vs LK₨0.55 in 2Q 2022).

Second quarter 2023 results:
EPS: LK₨0.35 (down from LK₨0.55 in 2Q 2022).
Revenue: LK₨4.35b (down 7.2% from 2Q 2022).
Net income: LK₨721.0m (down 35% from 2Q 2022).
Profit margin: 17% (down from 24% in 2Q 2022). The decrease in margin was primarily driven by lower revenue.
Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.

[කිත්සිරි ද සිල්වාTop contributor]

PLC.N0000

Share Price        7 Day        1 Year  
9.00                        16.9% 0.4%
 
Investor sentiment improves as the stock rises 17%.

After last week's 17% share price gain to LK₨9.00, the stock trades at a trailing P/E ratio of 4.5x.

The average trailing P/E is 5x in the Consumer Finance industry in Sri Lanka.

Total loss to shareholders of 20% over the past three years.