LBRT Latest Report

Performance of the Quarterly Report

Liberty Energy (stock code: LBRT) recorded a total operating revenue of RMB943,574,000 as of December 31, 2024, a year-on-year decrease of 12.19% from RMB1,074,958,000 in the same period of 2023. This change indicates that the company faces certain challenges in terms of operating revenue, which may be related to market environment, company operations, or industry trends.

Key Data in the Financial Report

1. A 12.19% decrease in operating revenue indicates pressure in the market environment

2. Operating expenses increased by 8.9% from RMB173,717,000 to RMB188,338,000, affecting profitability

3. External economic factors such as a global economic slowdown may lead to a decrease in customer demand

4. Intensified competition may lead to a price cut, affecting revenue

Peer Comparison

1. Industry-wide analysis: The overall energy industry in 2024 may face supply chain issues, policy changes, and economic uncertainties, leading to a decline in overall industry revenue. Many companies reported similar revenue declines, reflecting the pressure on the overall industry environment.

2. Peer evaluation analysis: Compared with other companies in the same industry, Liberty Energy's operating revenue decreased significantly year-on-year, possibly reflecting a decline in its competitiveness in the market. Other companies in the industry may have adopted more effective cost control measures or market strategies to maintain stable revenue.

Summary

Liberty Energy's operating revenue decline is mainly affected by market demand fluctuations, intensified price competition, declining operational efficiency, and external economic factors. Although the industry as a whole faces pressure, the company's performance in the market is significantly lower than that of its peers, and effective measures need to be taken to address the challenges.

Opportunities

1. Strengthen marketing strategies to attract more customers and enhance market share

2. Optimize operational efficiency and control costs to improve profitability

3. Utilize market-based electricity pricing strategies to further enhance competitiveness

4. Focus on global oil and gas market dynamics and adjust business strategies in a timely manner to respond to market changes

Risks

1. A global economic slowdown may lead to further decreases in customer demand

2. Intensified competition may lead to further price cuts, affecting revenue

3. External policy changes may have a negative impact on company operations

4. Supply chain issues may lead to increased production costs, affecting overall profitability