GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
L

Lets Holding Group Co 002398.SZ · CNY

Materials · Shenzhen · 🇨🇳 China

Compare

3.76

-1.83%

Close of 9 Nov 2026, in CNY

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CNY, from our data supplier.

FY2025

Revenue

CN¥2.37bn

FY2016FY2025

Net income

CN¥54.1m

FY2016FY2025

Free cash flow

CN¥163.8m

FY2016FY2025

Shareholders' equity

CN¥3.62bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥2.37bnCN¥2.62bnCN¥3.06bnCN¥3.95bnCN¥4.92bnCN¥3.87bnCN¥3.39bnCN¥2.72bnCN¥2.00bnCN¥1.38bn
Gross profitCN¥544.7mCN¥578.8mCN¥758.8mCN¥850.4mCN¥896.3mCN¥924.8mCN¥1.01bnCN¥713.2mCN¥516.1mCN¥449.2m
Research and developmentCN¥129.6mCN¥136.7mCN¥172.5mCN¥187.9mCN¥188.0mCN¥152.1mCN¥123.9mCN¥82.6mCN¥42.2mCN¥59.7m
Operating incomeCN¥82.9mCN¥56.8mCN¥183.5mCN¥232.6mCN¥303.3mCN¥426.2mCN¥479.1mCN¥292.4mCN¥227.7mCN¥186.4m
Net incomeCN¥54.1mCN¥49.3mCN¥158.9mCN¥211.2mCN¥271.9mCN¥372.5mCN¥402.4mCN¥249.1mCN¥191.1mCN¥167.3m
Diluted earnings per share0.090.060.200.320.360.540.570.340.300.25

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥5.79bnCN¥5.98bnCN¥6.47bnCN¥6.40bnCN¥6.51bnCN¥5.45bnCN¥4.45bnCN¥3.65bnCN¥3.15bnCN¥2.66bn
Cash and short-term investments—CN¥907.4mCN¥942.2mCN¥733.8mCN¥689.2mCN¥688.6mCN¥507.5mCN¥235.3mCN¥115.0mCN¥67.0m
Total liabilitiesCN¥2.14bnCN¥2.32bnCN¥2.74bnCN¥2.72bnCN¥3.02bnCN¥2.16bnCN¥1.55bnCN¥1.13bnCN¥820.5mCN¥480.4m
DebtCN¥626.1mCN¥526.9mCN¥455.5mCN¥436.0mCN¥265.4mCN¥3.0mCN¥13.0mCN¥2.2mCN¥316.8mCN¥500,000
Shareholders' equityCN¥3.62bnCN¥3.62bnCN¥3.69bnCN¥3.62bnCN¥3.41bnCN¥3.21bnCN¥2.83bnCN¥2.47bnCN¥2.28bnCN¥2.13bn
Shares outstanding628m760m798m650m750m686m703m742m641m669m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥338.8mCN¥334.1mCN¥437.3mCN¥420.0mCN¥321.6mCN¥322.3mCN¥308.3mCN¥77.9mCN¥74.7mCN¥288.1m
Capital spending−CN¥175.0m−CN¥222.6m−CN¥211.5m−CN¥216.1m−CN¥108.9m−CN¥153.4m−CN¥103.7m−CN¥41.4m−CN¥35.0m−CN¥20.8m
Free cash flowCN¥163.8mCN¥111.5mCN¥225.8mCN¥203.9mCN¥212.7mCN¥169.0mCN¥204.6mCN¥36.5mCN¥39.7mCN¥267.3m
Dividends paid−CN¥63.7m−CN¥60.2m−CN¥56.2m−CN¥56.8m−CN¥57.3m−CN¥55.4m−CN¥48.5m−CN¥68.8m−CN¥34.3m−CN¥34.3m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥622.1mCN¥449.6mCN¥569.4mCN¥608.8mCN¥664.9mCN¥529.8mCN¥768.1mCN¥670.1m
Gross profitCN¥142.9mCN¥113.0mCN¥153.3mCN¥134.9mCN¥142.5mCN¥114.0mCN¥169.6mCN¥133.6m
Operating incomeCN¥35.5mCN¥22.9mCN¥21.6mCN¥40.0mCN¥31.4mCN¥44.7m−CN¥47.4mCN¥24.1m
Net incomeCN¥29.6mCN¥28.2m−CN¥43.4mCN¥31.7mCN¥28.8mCN¥37.0m−CN¥46.7mCN¥23.5m
Diluted earnings per share0.050.04-0.070.050.050.06-0.060.03
Cash from operations———CN¥81.0mCN¥83.0mCN¥79.0m—CN¥173.0m
Capital spending−CN¥5.0m−CN¥19.0m−CN¥10.0m−CN¥33.0m−CN¥51.0m−CN¥80.0m−CN¥38.0m−CN¥55.0m
Free cash flow———CN¥48.0mCN¥32.0m−CN¥1.0m—CN¥118.0m
Total assetsCN¥5.75bnCN¥5.62bnCN¥5.79bnCN¥5.82bnCN¥5.77bnCN¥5.83bnCN¥5.98bnCN¥5.94bn
Cash and short-term investments———CN¥1.05bnCN¥971.5mCN¥963.4mCN¥907.4mCN¥698.7m
DebtCN¥636.5mCN¥631.5mCN¥626.1mCN¥34.3mCN¥600.5mCN¥574.1mCN¥505.5mCN¥481.5m
Shareholders' equityCN¥3.82bnCN¥3.69bnCN¥3.62bnCN¥3.67bnCN¥3.63bnCN¥3.65bnCN¥3.62bnCN¥3.65bn

Financial ratios

Data as of 20 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin23.0%22.1%24.8%21.5%18.2%23.9%
Operating margin2.9%2.7%6.4%6.4%6.3%11.2%
Net margin2.3%1.9%5.2%5.4%5.5%9.6%
Return on equity1.5%1.4%4.3%5.8%8.0%11.6%
Return on assets0.9%0.8%2.5%3.3%4.2%6.8%
Free cash flow yield20.1%18.0%19.9%24.0%14.1%17.0%
Revenue growth-9.3%-14.4%-22.5%-19.7%27.0%14.1%
Earnings growth9.9%-69.0%-24.8%-22.3%-27.0%-7.5%
Current ratio2.64x2.27x2.08x2.12x1.66x1.87x
Debt to equity0.17x0.14x0.12x0.11x0.07x-0.08x
Equity ratio62.5%60.6%57.0%56.5%52.4%59.0%
Interest coverage16.39x3.12x7.90x10.75x17.91x80.14x
R&D as a share of sales5.5%5.2%5.6%4.8%3.8%3.9%
Buybacks as a share of market value17.4%4.8%-22.7%13.3%-9.4%2.4%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-15.6%-9.3%5.8%
Operating income-29.1%-27.9%-10.2%
Net income-36.5%-32.0%-12.3%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin22.5%22.8%21.9%24.6%
Operating margin2.8%4.6%6.2%8.6%
Net margin2.1%3.9%5.4%7.4%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings65.367.723.917.720.114.310.613.425.427.1
Price to sales1.51.31.20.91.11.41.31.22.43.3

Dividends and splits

Per share, in the currency the company pays

Paid for 15 years. Last went ex-dividend on 10 Jun 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.080.080.080.080.080.080.080.07
  • 2-for-1 split · 11 Jun 2018
  • 13-for-10 split · 28 May 2015
  • 13-for-10 split · 28 May 2013
  • 13-for-10 split · 5 Jul 2012
  • 13-for-10 split · 23 May 2011

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.