Lets Holdings Group Co., Ltd. (SHE:002398)

Lets Holdings Group Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,623	2,613	3,055	3,942	4,916	3,867
Other Revenue	3.55	3.55	3	4.54	2	4.15
Revenue	2,626	2,617	3,058	3,947	4,918	3,871
Revenue Growth (YoY)	-10.65%	-14.42%	-22.51%	-19.75%	27.05%	14.06%
Cost of Revenue	2,063	2,038	2,299	3,096	4,021	2,946
Gross Profit	563.28	578.79	758.77	850.35	896.33	924.78
Selling, General & Admin	324.3	331.29	357.72	348.01	366.6	310.94
Research & Development	131.38	136.73	172.49	187.9	188	152.11
Other Operating Expenses	7.61	-0.16	11.36	17.25	18.63	16.16
Operating Expenses	530.1	533.38	589.06	618.08	641.75	532.16
Operating Income	33.18	45.41	169.71	232.27	254.57	392.62
Interest Expense	-23.32	-22.31	-23.87	-22.37	-8.24	-0.26
Interest & Investment Income	45.28	41.79	30.38	36.33	28.18	24.18
Currency Exchange Gain (Loss)	0.4	0.4	0.49	1.05	-0.25	-0.06
Other Non Operating Income (Expenses)	-2.38	-1.52	-15.55	-1.9	-0.53	-8.34
EBT Excluding Unusual Items	53.16	63.77	161.16	245.38	273.73	408.15
Impairment of Goodwill	-20.91	-20.91	-39.71	-50.74	-7.58	-
Gain (Loss) on Sale of Assets	1.71	0.91	32.33	2.56	1.83	1.14
Asset Writedown	-3.36	-3.34	-1.22	-0.23	-1.24	-2.56
Other Unusual Items	11.01	7.65	17.84	31.73	34.65	25.79
Pretax Income	41.61	48.08	170.4	228.7	301.39	432.52
Income Tax Expense	-2.35	-0.55	17.85	21.06	26.65	53.66
Earnings From Continuing Operations	43.96	48.63	152.54	207.63	274.74	378.85
Minority Interest in Earnings	0.45	0.63	6.34	3.59	-2.84	-6.4
Net Income	44.4	49.26	158.88	211.22	271.9	372.45
Net Income to Common	44.4	49.26	158.88	211.22	271.9	372.45
Net Income Growth	-70.93%	-68.99%	-24.78%	-22.32%	-27.00%	-7.45%
Shares Outstanding (Basic)	714	704	722	704	716	690
Shares Outstanding (Diluted)	714	704	722	704	716	690
Shares Change (YoY)	-1.50%	-2.55%	2.57%	-1.60%	3.74%	-0.60%
EPS (Basic)	0.06	0.07	0.22	0.30	0.38	0.54
EPS (Diluted)	0.06	0.07	0.22	0.30	0.38	0.54
EPS Growth	-70.49%	-68.18%	-26.67%	-21.05%	-29.63%	-6.90%
Free Cash Flow	214.67	111.49	225.78	203.86	212.7	168.96
Free Cash Flow Per Share	0.30	0.16	0.31	0.29	0.30	0.24
Dividend Per Share	0.080	0.080	0.080	0.080	0.080	0.080
Gross Margin	21.45%	22.12%	24.81%	21.55%	18.23%	23.89%
Operating Margin	1.26%	1.74%	5.55%	5.88%	5.18%	10.14%
Profit Margin	1.69%	1.88%	5.20%	5.35%	5.53%	9.62%
Free Cash Flow Margin	8.17%	4.26%	7.38%	5.17%	4.32%	4.37%
EBITDA	119.72	133.11	262.09	320.05	325.3	455.88
EBITDA Margin	4.56%	5.09%	8.57%	8.11%	6.62%	11.78%
D&A For EBITDA	86.53	87.7	92.38	87.78	70.73	63.26
EBIT	33.18	45.41	169.71	232.27	254.57	392.62
EBIT Margin	1.26%	1.74%	5.55%	5.88%	5.18%	10.14%
Effective Tax Rate	-	-	10.48%	9.21%	8.84%	12.41%
Revenue as Reported	2,626	2,617	3,058	3,947	4,918	3,871

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