Lesi Group 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	1,549	681.51	628.03	492.57	470.18
Revenue Growth (YoY)	127.29%	8.52%	27.50%	4.76%	24.50%
Cost of Revenue	1,465	580.07	524.03	389.52	376.49
Gross Profit	84.25	101.44	104	103.05	93.69
Selling, General & Admin	37.12	30.25	32.37	30.3	27.77
Other Operating Expenses	-0.2	-2.11	-1.43	-4.83	-4.45
Operating Expenses	39.84	28.96	33.43	27.41	28.92
Operating Income	44.42	72.48	70.57	75.64	64.77
Interest Expense	-6.23	-2.76	-2.25	-1.59	-3.23
Interest & Investment Income	0.13	2.48	0.14	0.15	0.21
Currency Exchange Gain (Loss)	2.08	-	-	-	-
Other Non Operating Income (Expenses)	-	3.32	-0.05	-3.18	-2.08
Pretax Income	40.4	75.51	68.42	71.01	59.67
Income Tax Expense	0.72	2.3	2.51	2.71	2.18
Earnings From Continuing Operations	39.68	73.21	65.91	68.31	57.49
Minority Interest in Earnings	-	-0.72	-0.68	-1.02	-
Net Income	39.68	72.49	65.23	67.29	57.49
Net Income to Common	39.68	72.49	65.23	67.29	57.49
Net Income Growth	-45.27%	11.13%	-3.06%	17.05%	15.50%
Shares Outstanding (Basic)	500	477	375	375	375
Shares Outstanding (Diluted)	500	477	375	375	375
Shares Change (YoY)	4.74%	27.31%	-	-	-
EPS (Basic)	0.08	0.15	0.17	0.18	0.15
EPS (Diluted)	0.08	0.15	0.17	0.18	0.15
EPS Growth	-47.74%	-12.71%	-3.06%	17.05%	15.50%
Free Cash Flow	-	-14.54	0.1	14.49	42.86
Free Cash Flow Per Share	-	-0.03	-	0.04	0.11
Gross Margin	5.44%	14.88%	16.56%	20.92%	19.93%
Operating Margin	2.87%	10.63%	11.24%	15.36%	13.78%
Profit Margin	2.56%	10.64%	10.39%	13.66%	12.23%
Free Cash Flow Margin	-	-2.13%	0.02%	2.94%	9.12%
EBITDA	44.6	72.67	70.76	75.88	65.03
EBITDA Margin	2.88%	10.66%	11.27%	15.41%	13.83%
D&A For EBITDA	0.19	0.19	0.19	0.25	0.26
EBIT	44.42	72.48	70.57	75.64	64.77
EBIT Margin	2.87%	10.63%	11.24%	15.36%	13.78%
Effective Tax Rate	1.79%	3.05%	3.67%	3.81%	3.65%

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