Lancy Co., Ltd. (SHE:002612)

Lancy 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	Jan 1, 2022	Dec 31, 2020
Operating Revenue	5,513	5,630	5,647	4,077	3,790	2,815
Other Revenue	60.36	60.36	57.42	58.63	42.76	61.22
Revenue	5,573	5,691	5,705	4,136	3,833	2,876
Revenue Growth (YoY)	-6.58%	-0.24%	37.93%	7.91%	33.24%	-4.35%
Cost of Revenue	2,262	2,318	2,418	1,804	1,659	1,319
Gross Profit	3,311	3,372	3,287	2,332	2,173	1,558
Selling, General & Admin	2,753	2,809	2,785	2,096	1,848	1,359
Research & Development	107.27	108.62	95.74	116.18	112.55	93.14
Other Operating Expenses	24.07	22	25.7	16.21	18.09	16.31
Operating Expenses	2,886	2,937	2,903	2,231	1,995	1,475
Operating Income	425.33	435.22	383.3	101.11	178.39	82.98
Interest Expense	-92.68	-91.77	-93.17	-89.24	-60.85	-40.82
Interest & Investment Income	56.3	36.28	64.45	56.49	58.57	100.3
Currency Exchange Gain (Loss)	-1.13	-1.4	-0.31	1.89	0.4	-2.51
Other Non Operating Income (Expenses)	-6.87	-7.64	-21.92	-22.31	-13.53	-5.65
EBT Excluding Unusual Items	380.95	370.69	332.36	47.94	162.99	134.29
Gain (Loss) on Sale of Investments	-2.52	-2.52	-7.81	-	-	-
Gain (Loss) on Sale of Assets	1.22	1.04	1.49	1.09	-0.68	5.88
Asset Writedown	-0.2	-3.07	-1.83	-1.44	-0.34	-2.46
Legal Settlements	-	-	-	-	-1.82	-7.56
Other Unusual Items	12.15	16.48	16.95	3.38	9.73	7.55
Pretax Income	391.6	382.63	341.16	50.96	169.88	137.69
Income Tax Expense	95.15	87.2	50.53	9	-37.11	1.9
Earnings From Continuing Operations	296.44	295.44	290.63	41.96	206.99	135.8
Minority Interest in Earnings	-34.61	-38.23	-36.94	-20.59	-33.54	6.24
Net Income	261.84	257.2	253.69	21.37	173.45	142.04
Net Income to Common	261.84	257.2	253.69	21.37	173.45	142.04
Net Income Growth	-4.21%	1.38%	1087.28%	-87.68%	22.12%	141.65%
Shares Outstanding (Basic)	431	442	442	442	442	441
Shares Outstanding (Diluted)	431	442	442	442	442	441
Shares Change (YoY)	-5.00%	0.01%	0.01%	-0.02%	0.44%	7.03%
EPS (Basic)	0.61	0.58	0.57	0.05	0.39	0.32
EPS (Diluted)	0.61	0.58	0.57	0.05	0.39	0.32
EPS Growth	0.83%	1.38%	1087.16%	-87.68%	21.59%	125.77%
Free Cash Flow	365.79	412.87	749.34	85.12	333.91	248.54
Free Cash Flow Per Share	0.85	0.93	1.69	0.19	0.76	0.56
Dividend Per Share	0.400	0.400	0.450	-	0.070	0.300
Dividend Growth	-11.11%	-11.11%	-	-	-76.67%	-6.25%
Gross Margin	59.41%	59.26%	57.61%	56.38%	56.71%	54.15%
Operating Margin	7.63%	7.65%	6.72%	2.44%	4.66%	2.89%
Profit Margin	4.70%	4.52%	4.45%	0.52%	4.53%	4.94%
Free Cash Flow Margin	6.56%	7.26%	13.14%	2.06%	8.71%	8.64%
EBITDA	510.52	518.18	457.35	171.22	251.07	130.01
EBITDA Margin	9.16%	9.11%	8.02%	4.14%	6.55%	4.52%
D&A For EBITDA	85.19	82.96	74.05	70.11	72.68	47.04
EBIT	425.33	435.22	383.3	101.11	178.39	82.98
EBIT Margin	7.63%	7.65%	6.72%	2.44%	4.66%	2.89%
Effective Tax Rate	24.30%	22.79%	14.81%	17.66%	-	1.38%
Revenue as Reported	5,573	5,691	5,705	4,136	-	2,876
Advertising Expenses	-	-	-	-	426.14	226.51

Updated Oct 25, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.