LC Logistics Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,337	1,238	4,608	4,195	781.52
Revenue Growth (YoY)	-48.15%	-73.12%	9.83%	436.82%	-
Cost of Revenue	1,190	1,012	4,063	3,739	717.74
Gross Profit	146.39	226.62	545.3	456.84	63.79
Selling, General & Admin	117.96	100.45	105.75	64.5	38.75
Other Operating Expenses	-4.74	2.86	9.42	2.23	1.22
Operating Expenses	113.22	103.31	115.17	66.74	39.97
Operating Income	33.17	123.31	430.13	390.1	23.81
Interest Expense	-6.33	-5.39	-4.83	-8.03	-3.81
Interest & Investment Income	4.93	1.96	2.08	0.18	0.89
Earnings From Equity Investments	0.03	-0.05	-0.16	5.96	0.28
Currency Exchange Gain (Loss)	4.09	2.01	6.8	-4.04	0.2
Other Non Operating Income (Expenses)	1.63	1.54	0.62	0.11	0.8
EBT Excluding Unusual Items	37.5	123.38	434.65	384.28	22.17
Gain (Loss) on Sale of Investments	-0.12	0.2	-	3.28	0.1
Gain (Loss) on Sale of Assets	-4.83	-0.92	-39.27	20.17	7.83
Pretax Income	32.55	122.67	395.38	407.72	30.11
Income Tax Expense	5.22	3.08	9.08	15.69	2.57
Earnings From Continuing Operations	27.34	119.59	386.31	392.04	27.54
Minority Interest in Earnings	-3.19	-0.71	-5.36	-7.95	-2.02
Net Income	24.14	118.88	380.94	384.09	25.52
Net Income to Common	24.14	118.88	380.94	384.09	25.52
Net Income Growth	-88.41%	-68.79%	-0.82%	1404.98%	-
Shares Outstanding (Basic)	279	264	256	-	-
Shares Outstanding (Diluted)	279	264	256	-	-
Shares Change (YoY)	9.17%	3.16%	-	-	-
EPS (Basic)	0.09	0.45	1.49	-	-
EPS (Diluted)	0.09	0.45	1.49	-	-
EPS Growth	-89.38%	-69.75%	-	-	-
Free Cash Flow	-126.37	-270.64	-35.17	-191.01	5.56
Free Cash Flow Per Share	-0.45	-1.03	-0.14	-	-
Gross Margin	10.95%	18.30%	11.83%	10.89%	8.16%
Operating Margin	2.48%	9.96%	9.33%	9.30%	3.05%
Profit Margin	1.81%	9.60%	8.27%	9.15%	3.27%
Free Cash Flow Margin	-9.45%	-21.85%	-0.76%	-4.55%	0.71%
EBITDA	74.76	162.82	464.69	417.09	29.87
EBITDA Margin	5.59%	13.15%	10.08%	9.94%	3.82%
D&A For EBITDA	41.6	39.51	34.57	26.99	6.06
EBIT	33.17	123.31	430.13	390.1	23.81
EBIT Margin	2.48%	9.96%	9.33%	9.30%	3.05%
Effective Tax Rate	16.02%	2.51%	2.30%	3.85%	8.52%

Source: S&P Capital IQ. Standard template. Financial Sources.