MLS Co., Ltd. (SHE:002745)

MLS Co., Ltd. Revenue

MLS Co., Ltd. had revenue of 5.07B CNY in the quarter ending September 30, 2026, with 19.08% growth. This brings the company's total for the last twelve months to 20.13B, up 19.10% year-over-year. In the year 2025, MLS Co., Ltd. had annual revenue of 17.44B with 3.13% growth. That makes MLS Co., Ltd. the 3,820th largest company in the world by revenue and 479th in China.

• Revenue (ttm): 20.13B
• Revenue Growth: +19.10%
• P/S Ratio: 0.74
• Revenue / Employee: 1.26M
• Employees: 16,032
• Market Cap: 14.93B

Revenue Chart

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Revenue by Segment

By Segment

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• LEDVANCE Brand 9.25B 53.0%
• Mulinsen Brand (Incl. LED) 7.63B 43.8%
• Unallocated Other Operations 557.80M 3.2%

By Geography

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• Overseas 9.59B 55.0%
• China 7.85B 45.0%

Fiscal year ended Dec 31, 2025 See the full MLS Co., Ltd. breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	17.44B	528.51M	3.13%
Dec 31, 2024	16.91B	-625.41M	-3.57%
Dec 31, 2023	17.54B	1.02B	6.17%
Jan 1, 2023	16.52B	-2.10B	-11.27%
Jan 1, 2022	18.61B	1.23B	7.10%

Data Source: S&P Global Market Intelligence Last updated: Oct 27, 2026

Revenue data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 14, 2026

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