NASDAQ : LGCL
Lucas GC Limited — Financial statements
Technology · Software - Application · China
Last price 1.3 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 445.02K
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Lucas GC Limited (LGCL) reported revenue of 900.67M CNY (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in CNY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 882.99M | 1.01B | 1.00B | 1.37B | 714.94M | 611.26M |
| Other Revenue | 17.68M | 32.93M | 62.23M | 100.95M | 51.63M | 40.98M |
| Revenue | 900.67M | 1.04B | 1.06B | 1.47B | 766.57M | 652.25M |
| Cost of Revenue | 592.27M | 690.23M | 706.01M | 1.06B | 551.37M | 473.15M |
| Gross Profit | 308.40M | 352.04M | 357.40M | 418.55M | 215.20M | 179.09M |
| Selling, General & Admin | 124.58M | 156.93M | 160.78M | 193.29M | 103.71M | 71.73M |
| Research & Development | 153.57M | 175.43M | 168.62M | 157.54M | 79.87M | 70.25M |
| Operating Expenses | 278.15M | 332.36M | 329.39M | 350.84M | 183.57M | 141.98M |
| Operating Income | 30.25M | 19.68M | 28.01M | 67.72M | 31.62M | 37.11M |
| Interest Expense | -4.40M | -3.32M | -2.11M | -894.64K | -84.37K | |
| Interest & Investment Income | 12.27K | |||||
| Currency Exchange Gain (Loss) | 1.47M | 1.47M | 482.44K | 1.64K | 147.37K | -80.27K |
| Other Non Operating Income (Expenses) | -5.23M | -5.33M | 3.51M | 3.48M | 3.63M | 2.38M |
| EBT Excluding Unusual Items | 22.10M | 12.50M | 29.89M | 70.30M | 35.32M | 39.43M |
| Gain (Loss) on Sale of Investments | 1.00K | 1.00K | 23.00K | 500.00K | 133.00K | |
| Pretax Income | 22.10M | 12.50M | 29.92M | 70.30M | 35.82M | 39.56M |
| Income Tax Expense | 13.88M | 2.65M | -10.17M | -7.88M | -595.00K | -243.00K |
| Earnings From Continuing Operations | 8.22M | 9.86M | 40.09M | 78.18M | 36.41M | 39.80M |
| Minority Interest in Earnings | -61.00K | -73.00K | -296.00K | -513.00K | -269.00K | -294.00K |
| Net Income | 8.16M | 9.78M | 39.79M | 77.67M | 36.14M | 39.51M |
| Preferred Dividends & Other Adjustments | 2.91M | 1.89M | ||||
| Net Income to Common | 8.16M | 9.78M | 39.79M | 77.67M | 33.24M | 37.62M |
| Shares Outstanding (Basic) | 147.87K | 19.28K | 15.86K | 15.61K | 15.61K | 15.61K |
| Shares Outstanding (Diluted) | 147.87K | 19.28K | 15.86K | 15.61K | 15.61K | 15.61K |
| EPS (Basic) | 55.16 | 507.47 | 2,509.08 | 4,974.57 | 2,128.74 | 2,409.27 |
| EPS (Diluted) | 55.16 | 507.47 | 2,508.75 | 4,974.57 | 2,128.74 | 2,400.00 |
| Free Cash Flow | -20.89M | -47.77M | -24.47M | -48.51M | -28.85M | 36.49M |
| Free Cash Flow Per Share | -141.26 | -2,478.47 | -1,542.88 | -3,106.96 | -1,847.76 | 2,337.03 |
| Gross Margin | 34.24% | 33.78% | 33.61% | 28.40% | 28.07% | 27.46% |
| Operating Margin | 3.36% | 1.89% | 2.63% | 4.59% | 4.12% | 5.69% |
| Profit Margin | 0.91% | 0.94% | 3.74% | 5.27% | 4.34% | 5.77% |
| Free Cash Flow Margin | -2.32% | -4.58% | -2.30% | -3.29% | -3.76% | 5.59% |
| EBITDA | 47.58M | 32.91M | 36.53M | 72.02M | 34.97M | 38.64M |
| EBITDA Margin | 5.28% | 3.16% | 3.44% | 4.89% | 4.56% | 5.92% |
| D&A For EBITDA | 17.32M | 13.23M | 8.52M | 4.31M | 3.35M | 1.53M |
| EBIT | 30.25M | 19.68M | 28.01M | 67.72M | 31.62M | 37.11M |
| EBIT Margin | 3.36% | 1.89% | 2.63% | 4.59% | 4.12% | 5.69% |
| Effective Tax Rate | 62.81% | 21.17% | ||||
| Revenue as Reported | 900.67M | 1.04B | 1.06B | 1.47B | 766.57M | 652.25M |
Balance sheet
Fiscal year January - December; amounts in CNY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 10.42M | 30.30M | 30.38M | 30.12M | 48.47M | 44.05M |
| Short-Term Investments | 4.78M | 4.81M | 2.80M | 4.00K | 30.05M | |
| Cash & Short-Term Investments | 15.20M | 35.12M | 33.18M | 30.12M | 48.48M | 74.10M |
| Accounts Receivable | 104.42M | 30.73M | 61.06M | 28.14M | 102.76M | 57.94M |
| Receivables | 104.42M | 30.73M | 61.06M | 28.14M | 102.76M | 57.94M |
| Prepaid Expenses | 4.12M | 1.39M | 447.00K | |||
| Restricted Cash | 1.28M | 100.00K | 841.00K | |||
| Other Current Assets | 200.86M | 158.01M | 167.46M | 172.97M | 43.67M | 60.38M |
| Total Current Assets | 324.60M | 225.25M | 263.43M | 231.34M | 195.75M | 192.42M |
| Property, Plant & Equipment | 151.13M | 154.25M | 85.04M | 48.38M | 41.28M | 30.11M |
| Long-Term Investments | 299.13M | 19.72M | ||||
| Long-Term Deferred Tax Assets | 15.18M | 19.80M | 22.27M | 12.10M | 4.22M | 3.61M |
| Long-Term Deferred Charges | 58.40M | 34.82M | 32.52M | |||
| Total Assets | 848.44M | 453.84M | 403.25M | 291.82M | 241.25M | 226.14M |
| Accounts Payable | 110.45M | 35.53M | 46.80M | 35.22M | 86.98M | 103.07M |
| Accrued Expenses | 1.99M | 6.24M | 6.12M | 5.23M | 4.21M | 5.02M |
| Short-Term Debt | 105.23M | 94.86M | 67.47M | 39.38M | 5.92M | |
| Current Portion of Leases | 105.00K | 458.00K | 86.00K | 742.00K | ||
| Current Income Taxes Payable | 54.00K | 55.00K | 71.00K | 131.00K | 137.00K | 530.00K |
| Current Unearned Revenue | 20.03M | 2.76M | 15.91M | 13.91M | 24.71M | 35.86M |
| Other Current Liabilities | 281.00K | 755.00K | 1.28M | 676.00K | 424.00K | |
| Total Current Liabilities | 237.86M | 139.73M | 137.57M | 95.23M | 123.37M | 144.90M |
| Long-Term Leases | 81.00K | 99.00K | 86.00K | |||
| Total Liabilities | 237.94M | 139.73M | 137.67M | 95.23M | 123.46M | 144.90M |
| Common Stock | 57.00K | 3.00K | 3.00K | 3.00K | 3.00K | 3.00K |
| Additional Paid-In Capital | 462.91M | 182.97M | 142.83M | 113.55M | 113.55M | |
| Retained Earnings | 149.88M | 130.17M | 120.39M | 80.60M | 2.31M | -30.92M |
| Treasury Stock | -856.00K | -856.00K | -856.00K | |||
| Comprehensive Income & Other | -4.46M | -1.00M | 469.00K | -14.00K | -15.00K | -163.00K |
| Total Common Equity | 607.53M | 311.29M | 262.83M | 194.14M | 115.86M | -31.08M |
| Minority Interest | 2.96M | 2.82M | 2.75M | 2.45M | 1.94M | 112.32M |
| Shareholders' Equity | 610.50M | 314.10M | 265.58M | 196.59M | 117.79M | 81.23M |
| Total Liabilities & Equity | 848.44M | 453.84M | 403.25M | 291.82M | 241.25M | 226.14M |
| Total Debt | 105.42M | 94.86M | 68.03M | 39.47M | 6.75M | |
| Net Cash (Debt) | -90.22M | -59.74M | -34.84M | -9.34M | 41.73M | 74.10M |
| Net Cash Per Share | -610.12 | -3,099.35 | -2,197.25 | -598.48 | 2,672.64 | 4,746.11 |
| Filing Date Shares Outstanding | 342.32K | 342.32K | 15.89K | 15.61K | 15.61K | 15.61K |
| Total Common Shares Outstanding | 342.32K | 22.32K | 15.89K | 15.61K | 15.61K | 15.61K |
| Working Capital | 86.74M | 85.52M | 125.85M | 136.11M | 72.38M | 47.52M |
| Book Value Per Share | 1,774.74 | 13,944.59 | 16,537.66 | 12,434.70 | 7,420.55 | -1,990.78 |
| Tangible Book Value | 607.53M | 311.29M | 262.83M | 194.14M | 115.86M | -31.08M |
| Tangible Book Value Per Share | 1,774.74 | 13,944.59 | 16,537.66 | 12,434.70 | 7,420.55 | -1,990.78 |
| Machinery | 290.00K | 290.00K | 290.00K | 290.00K | 286.00K |
Cash flow statement
Fiscal year January - December; amounts in CNY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 8.16M | 9.78M | 39.79M | 77.67M | 36.14M | 39.51M |
| Depreciation & Amortization | 17.48M | 13.56M | 8.85M | 5.01M | 3.99M | 1.53M |
| Loss (Gain) From Sale of Assets | -971.00K | |||||
| Loss (Gain) From Sale of Investments | 50.00K | -1.00K | -23.00K | -500.00K | -133.00K | |
| Provision & Write-off of Bad Debts | 1.84M | 1.77M | -3.59M | 11.71M | 91.00K | 5.26M |
| Other Operating Activities | 61.00K | 73.00K | 296.00K | 513.00K | 269.00K | 294.00K |
| Change in Accounts Receivable | -59.03M | 28.55M | -28.56M | 63.70M | -44.92M | -22.90M |
| Change in Inventory | -38.35M | 7.36M | 809.00K | -125.42M | 20.55M | -59.62M |
| Change in Accounts Payable | 82.33M | -11.27M | 12.09M | -51.77M | -16.09M | 60.13M |
| Change in Unearned Revenue | 12.18M | -13.14M | 2.35M | -11.15M | -9.83M | 34.38M |
| Change in Income Taxes | -17.00K | -16.00K | -6.00K | -393.00K | 454.00K | |
| Change in Other Net Operating Assets | 1.06M | -3.68M | -692.00K | 1.23M | -3.82M | 2.42M |
| Operating Cash Flow | 39.46M | 35.46M | 20.19M | -36.41M | -15.12M | 60.62M |
| Capital Expenditures | -60.35M | -83.24M | -44.65M | -12.10M | -13.73M | -24.14M |
| Investment in Securities | -281.05M | -21.73M | -2.78M | 4.00K | 30.55M | -23.71M |
| Other Investing Activities | -6.69M | -2.30M | -32.52M | |||
| Investing Cash Flow | -348.08M | -107.27M | -79.95M | -12.10M | 16.82M | -47.85M |
| Short-Term Debt Issued | 107.01M | 90.30M | 63.26M | 9.09M | ||
| Total Debt Issued | 100.83M | 107.01M | 90.30M | 63.26M | 9.09M | |
| Short-Term Debt Repaid | -77.77M | -62.21M | -29.80M | -3.17M | ||
| Total Debt Repaid | -87.80M | -77.77M | -62.21M | -29.80M | -3.17M | |
| Net Debt Issued (Repaid) | 13.03M | 29.24M | 28.09M | 33.46M | 5.92M | |
| Issuance of Common Stock | 280.00M | 43.64M | 38.52M | |||
| Repurchase of Common Stock | -856.00K | |||||
| Other Financing Activities | -1.00K | -1.31M | -5.01M | -4.04M | -2.50M | 26.50M |
| Financing Cash Flow | 293.03M | 71.58M | 60.75M | 29.42M | 3.42M | 26.50M |
| Foreign Exchange Rate Adjustments | -4.08M | -1.13M | 454.00K | -8.00K | 148.00K | -81.00K |
| Net Cash Flow | -19.66M | -1.36M | 1.44M | -19.09M | 5.26M | 39.20M |
| Free Cash Flow | -20.89M | -47.77M | -24.47M | -48.51M | -28.85M | 36.49M |
| Free Cash Flow Margin | -2.32% | -4.58% | -2.30% | -3.29% | -3.76% | 5.59% |
| Free Cash Flow Per Share | -141.26 | -2,478.47 | -1,542.88 | -3,106.96 | -1,847.76 | 2,337.03 |
| Levered Free Cash Flow | -28.01M | -44.11M | -34.76M | -80.22M | -47.17M | 20.72M |
| Unlevered Free Cash Flow | -25.26M | -42.04M | -33.45M | -79.66M | -47.12M | 20.72M |
| Cash Interest Paid | 1.67M | 2.68M | 1.82M | 919.00K | 30.00K | |
| Cash Income Tax Paid | 1.51M | 192.00K | 169.00K | 6.00K | 415.00K | |
| Change in Working Capital | 11.87M | 10.27M | -24.16M | -131.31M | -55.12M | 14.16M |
Ratios
Fiscal year January - December; amounts in CNY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 445.02K | 5.85M | 46.85M | |||
| Enterprise Value | 13.73M | 14.57M | 48.23M | |||
| Last Close Price | 1.29 | 271.16 | 3,004.00 | |||
| PE Ratio | 0.16 | 4.18 | 8.59 | |||
| PS Ratio | 0.00 | 0.04 | 0.32 | |||
| PB Ratio | 0.00 | 0.13 | 1.29 | |||
| P/TBV Ratio | 0.00 | 0.13 | 1.30 | |||
| P/OCF Ratio | 0.07 | 1.15 | 16.94 | |||
| EV/Sales Ratio | 0.10 | 0.10 | 0.33 | |||
| EV/EBITDA Ratio | 1.96 | 3.10 | 9.64 | |||
| EV/EBIT Ratio | 3.08 | 5.18 | 12.57 | |||
| Debt / Equity Ratio | 0.17 | 0.30 | 0.26 | 0.20 | 0.06 | |
| Debt / EBITDA Ratio | 2.19 | 2.85 | 1.83 | 0.54 | 0.19 | |
| Net Debt / Equity Ratio | 0.15 | 0.19 | 0.13 | 0.05 | -0.35 | -0.91 |
| Net Debt / EBITDA Ratio | 1.90 | 1.81 | 0.95 | 0.13 | -1.19 | -1.92 |
| Net Debt / FCF Ratio | -4.32 | -1.25 | -1.42 | -0.19 | 1.45 | -2.03 |
| Asset Turnover | 1.38 | 2.43 | 3.06 | 5.53 | 3.28 | 4.52 |
| Quick Ratio | 0.50 | 0.47 | 0.69 | 0.61 | 1.23 | 0.91 |
| Current Ratio | 1.36 | 1.61 | 1.92 | 2.43 | 1.59 | 1.33 |
| Return on Equity (ROE) | 1.75% | 3.40% | 17.35% | 49.74% | 36.59% | 82.71% |
| Return on Assets (ROA) | 2.89% | 2.87% | 5.04% | 15.88% | 8.46% | 16.07% |
| Return on Invested Capital (ROIC) | 1.61% | 4.60% | 11.06% | 48.02% | 76.02% | 669.69% |
| Return on Capital Employed (ROCE) | 5.00% | 6.30% | 10.50% | 34.40% | 26.80% | 45.70% |
| Earnings Yield | 624.67% | 23.91% | 11.64% | |||
| FCF Yield | -711.15% | -116.76% | -7.16% | |||
| Buyback Yield / Dilution | -821.73% | -21.55% | -1.57% |