Lesi Group Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,064	681.51	628.03	492.57	470.18	377.67
Revenue Growth (YoY)	74.64%	8.52%	27.50%	4.76%	24.50%	-
Cost of Revenue	972.24	580.07	524.03	389.52	376.49	300.81
Gross Profit	91.69	101.44	104	103.05	93.69	76.86
Selling, General & Admin	34.7	30.25	32.37	30.3	27.77	25.01
Other Operating Expenses	0.33	-2.11	-1.43	-4.83	-4.45	-4.19
Operating Expenses	35.49	28.96	33.43	27.41	28.92	22.14
Operating Income	56.2	72.48	70.57	75.64	64.77	54.72
Interest Expense	-3.58	-2.76	-2.25	-1.59	-3.23	-3.02
Interest & Investment Income	1	2.48	0.14	0.15	0.21	0.38
Other Non Operating Income (Expenses)	3.32	3.32	-0.05	-3.18	-2.08	-0.4
Pretax Income	56.94	75.51	68.42	71.01	59.67	51.67
Income Tax Expense	1.64	2.3	2.51	2.71	2.18	1.9
Earnings From Continuing Operations	55.3	73.21	65.91	68.31	57.49	49.77
Minority Interest in Earnings	-0.44	-0.72	-0.68	-1.02	-	-
Net Income	54.87	72.49	65.23	67.29	57.49	49.77
Net Income to Common	54.87	72.49	65.23	67.29	57.49	49.77
Net Income Growth	-14.37%	11.13%	-3.06%	17.05%	15.50%	-
Shares Outstanding (Basic)	489	477	375	375	375	375
Shares Outstanding (Diluted)	489	477	375	375	375	375
Shares Change (YoY)	14.67%	27.31%	-	-	-	-
EPS (Basic)	0.11	0.15	0.17	0.18	0.15	0.13
EPS (Diluted)	0.11	0.15	0.17	0.18	0.15	0.13
EPS Growth	-25.32%	-12.71%	-3.06%	17.05%	15.50%	-
Free Cash Flow	-13.65	-14.54	0.1	14.49	42.86	-14.49
Free Cash Flow Per Share	-0.03	-0.03	-	0.04	0.11	-0.04
Gross Margin	8.62%	14.88%	16.56%	20.92%	19.93%	20.35%
Operating Margin	5.28%	10.63%	11.24%	15.36%	13.78%	14.49%
Profit Margin	5.16%	10.64%	10.39%	13.66%	12.23%	13.18%
Free Cash Flow Margin	-1.28%	-2.13%	0.02%	2.94%	9.12%	-3.84%
EBITDA	56.41	72.67	70.76	75.88	65.03	54.98
EBITDA Margin	5.30%	10.66%	11.27%	15.41%	13.83%	14.56%
D&A For EBITDA	0.21	0.19	0.19	0.25	0.26	0.26
EBIT	56.2	72.48	70.57	75.64	64.77	54.72
EBIT Margin	5.28%	10.63%	11.24%	15.36%	13.78%	14.49%
Effective Tax Rate	2.88%	3.05%	3.67%	3.81%	3.65%	3.68%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.