LC Logistics Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,872	1,946	1,238	4,608	4,195
Revenue Growth (YoY)	-3.81%	57.16%	-73.12%	9.83%	436.82%
Cost of Revenue	1,697	1,736	1,012	4,063	3,739
Gross Profit	174.97	210.09	226.62	545.3	456.84
Selling, General & Admin	104.89	121.16	100.45	105.75	64.5
Other Operating Expenses	-	-	-	9.42	2.23
Operating Expenses	105.44	134.04	101.97	115.17	66.74
Operating Income	69.53	76.05	124.65	430.13	390.1
Interest Expense	-7.56	-8.94	-5.39	-4.83	-8.03
Interest & Investment Income	19.61	14.85	1.96	2.08	0.18
Earnings From Equity Investments	-2.78	-0.31	-0.05	-0.16	5.96
Currency Exchange Gain (Loss)	4.91	-3.28	2.01	6.8	-4.04
Other Non Operating Income (Expenses)	26.62	-22.37	-0.71	0.62	0.11
EBT Excluding Unusual Items	110.34	56.01	122.47	434.65	384.28
Gain (Loss) on Sale of Investments	-9.97	-3	0.2	-	3.28
Gain (Loss) on Sale of Assets	62.44	353.5	-	-39.27	20.17
Pretax Income	162.81	406.51	122.67	395.38	407.72
Income Tax Expense	2.96	5.55	3.08	9.08	15.69
Earnings From Continuing Operations	159.85	400.96	119.59	386.31	392.04
Minority Interest in Earnings	-21.85	-5.17	-0.71	-5.36	-7.95
Net Income	138	395.79	118.88	380.94	384.09
Net Income to Common	138	395.79	118.88	380.94	384.09
Net Income Growth	-65.13%	232.94%	-68.79%	-0.82%	1404.98%
Shares Outstanding (Basic)	573	573	527	511	-
Shares Outstanding (Diluted)	573	573	527	511	-
Shares Change (YoY)	-	8.60%	3.16%	-	-
EPS (Basic)	0.24	0.69	0.23	0.75	-
EPS (Diluted)	0.24	0.69	0.23	0.75	-
EPS Growth	-65.13%	206.59%	-69.75%	-	-
Free Cash Flow	-	-381.2	-270.64	-35.17	-191.01
Free Cash Flow Per Share	-	-0.67	-0.51	-0.07	-
Dividend Per Share	-	0.207	-	-	-
Gross Margin	9.35%	10.79%	18.30%	11.83%	10.89%
Operating Margin	3.71%	3.91%	10.06%	9.34%	9.30%
Profit Margin	7.37%	20.34%	9.60%	8.27%	9.16%
Free Cash Flow Margin	-	-19.59%	-21.85%	-0.76%	-4.55%
EBITDA	117.78	124.31	164.15	464.69	417.09
EBITDA Margin	6.29%	6.39%	13.26%	10.08%	9.94%
D&A For EBITDA	48.25	48.25	39.51	34.57	26.99
EBIT	69.53	76.05	124.65	430.13	390.1
EBIT Margin	3.71%	3.91%	10.06%	9.34%	9.30%
Effective Tax Rate	1.82%	1.36%	2.51%	2.30%	3.85%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.