Lucas GC Limited (LGCL)

Lucas GC Income Statement

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

Year	2023	2022	2021	2020
Revenue	1,474	766.57	652.25	230.21
Revenue Growth (YoY)	92.28%	17.53%	183.33%	-
Cost of Revenue	1,055	551.37	473.15	172.39
Gross Profit	418.55	215.2	179.09	57.82
Selling, General & Admin	193.29	103.71	71.73	34.56
Research & Development	157.54	79.87	70.25	20.36
Operating Expenses	350.84	183.58	141.98	54.93
Operating Income	67.72	31.62	37.11	2.89
Interest Expense / Income	0.89	-0.06	0.07	-0.05
Other Expense / Income	-2.97	-3.86	-2.22	-0.94
Pretax Income	69.79	35.55	39.27	3.88
Income Tax	-7.88	-0.6	-0.24	-0.71
Net Income	77.67	36.14	39.51	4.6
Preferred Dividends	0	2.91	1.89	40.91
Net Income Common	77.67	33.24	37.62	-36.32
Net Income Growth	133.69%	-11.64%	-	-
Shares Outstanding (Basic)	78	78	78	78
Shares Outstanding (Diluted)	78	78	78	78
EPS (Basic)	0.99	0.43	0.48	-0.47
EPS (Diluted)	0.99	0.43	0.48	-0.47
EPS Growth	130.23%	-10.42%	-	-
Free Cash Flow	-48.51	-28.85	36.49	-5.29
Free Cash Flow Per Share	-0.62	-0.37	0.47	-0.07
Gross Margin	28.40%	28.07%	27.46%	25.11%
Operating Margin	4.59%	4.13%	5.69%	1.26%
Profit Margin	5.27%	4.34%	5.77%	-15.77%
Free Cash Flow Margin	-3.29%	-3.76%	5.59%	-2.30%
Effective Tax Rate	-11.29%	-1.67%	-0.62%	-18.39%
EBITDA	75.69	39.48	40.86	4.16
EBITDA Margin	5.14%	5.15%	6.26%	1.81%
Depreciation & Amortization	5.01	3.99	1.53	0.34
EBIT	70.68	35.48	39.33	3.83
EBIT Margin	4.80%	4.63%	6.03%	1.66%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).