Lets Holdings Group Co., Ltd.

002398.SZ

002398.SZLets Holdings Group Co., Ltd. CN flag

Shenzhen

4.83

CNY

+0.04

(+0.84%)

0.06EPS

80.50P/E

3.36BMarket Cap

May 07Next Earn

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ISIN

CNE100000NZ5

Return %

Stock

S&P500

13.65

8.32

-25.35

43.81

-58.15

96.82

Use logarithmic scale

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	TTM
Revenue per Share	1.92	2.59	2.62	1.96	2.03	2.93	3.92	4.89	5.61	6.87	5.61	4.23	- -	3.55
Basic EPS, GAAP	0.28	0.33	0.32	0.29	0.24	0.28	0.36	0.58	0.54	0.38	0.3	0.22	- -	0.06
Free Cash Flow per Basic Share	-0.1	-0.06	0.07	0.26	0.39	0.06	0.05	0.29	0.24	0.3	0.29	0.31	- -	-0.3
Dividend per Share	0.02	0.03	0.04	0.04	0.05	0.05	0.1	0.07	0.08	0.09	0.09	0.08	- -	0.08
Book Value per Share	1	1.38	1.67	2.02	2.2	2.44	3.15	3.67	4.17	4.32	4.62	4.69	- -	4.6
Tangible Book Value per Share	1.82	2.14	2.41	2.66	2.87	3.09	3.12	3.64	4.19	4.3	4.58	4.6	- -	4.47
Basic Weighted Avg Shares	683	685	683	685	683	682	692	694	690	716	704	722	- -	740
Sales/Revenue/Turnover	1,308	1,772	1,789	1,345	1,385	1,998	2,716	3,394	3,871	4,918	3,947	3,058	2,617	2,626
Operating Margin (%)	18.52	16.55	16.29	19.48	13.63	11.03	11.44	14.53	12.15	7.13	8.14	7.43	4.55	4.23
Depreciation Expense	35	50	58	59	56	54	54	56	63	80	97	102	96	- -
Net Income, GAAP	194	226	222	202	167	191	249	402	372	272	211	159	49	44
Effective Tax Rate (%)	18.58	17.13	18.3	17.05	16.7	15.83	13.5	12.99	12.41	8.84	9.21	10.48	- -	12.22
Profit Margin (%)	14.85	12.78	12.4	15.02	12.08	9.57	9.17	11.86	9.62	5.53	5.35	5.2	1.88	1.69
Working Capital	944	1,036	1,160	1,161	1,263	1,359	1,380	1,593	1,859	1,951	2,502	2,442	2,251	2,350
LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	32	33	424	456	527	587
Total Equity	1,443	1,668	1,868	2,041	2,177	2,325	2,515	2,899	3,282	3,490	3,684	3,728	3,657	3,689
Return on Invested Capital (%)	14.64	15.67	13.59	11.43	7.78	8.64	11.64	16.48	13.76	9.5	7.87	5.24	- -	- -
Return on Capital (%)	31.45	24.91	19.43	15.14	11	11.62	12.37	16.02	13.07	8.62	6.54	4.35	- -	3.47
Return on Common Equity (%)	34.06	27.82	21.27	16.03	11.6	12.07	12.96	17.04	13.75	9.12	6.66	4.78	1.46	1.3

Capital Structure

•

in mil. unless spec.

Working Capital

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in mil. unless spec.

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)	10 years	5 years	1 year
Sales/Revenue/Turnover	6.77%	-3.12%	-14.43%
Net Income, GAAP	-7.05%	-30.11%	-68.99%
Free Cash Flow	67.26%	-7.11%	-50.62%
Total Cash Common Dividend	- -	4.59%	0.36%
Total Equity	7.06%	4.88%	-1.9%

Growth Rates

•

in mil. unless spec.

Quarterly Revenue

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in mil. unless spec.

Quarterly Earnings Per Share

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in mil. unless spec.

Quarterly Dividends Per Share

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in mil. unless spec.

Company Description

CEO: Mr. Yongtai Cai
Full Time Employees: 2,665
Sector: Basic Materials
Industry: Construction Materials
Address: Kezhijie Construction Tech Bldg Xiamen People's Republic of China 361004
IPO Date: May 6, 2010
Website: xmabr.com
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Business: Lets Holdings Group Co., Ltd. engages in the research and development, production, and sale of construction materials in China and internationally. It provides concrete manufacturing and construction services for the nuclear power, ports, bridges, tunnels, highways, high-speed rail, subways, water conservancy, electric power, and other projects. The company also offers technical construction services, such as surveying, designing, testing, evaluation, consulting, and training for the life cycle of engineering feasibility study, construction, and operation and maintenance. In addition, it provides information and intelligent services for the Chinese construction industry; Internet-based industry supply chain big data services; and BIM- based building information and industrialization of intelligent system services. The company was formerly known as Xiamen Academy Of Building Research Group Co., Ltd. and changed its name to Lets Holdings Group Co., Ltd. in October 2019. Lets Holdings Group Co., Ltd. was founded in 1980 and is based in Xiamen, China.

	Sep'24	Dec'24	Mar'25
ST Debt	6	7	8
LT Borrowings	482	505	567
LT Finance Leases	22	21	21
Preferred Equity and Hybrid Capital	- -	- -	- -
Shares Outstanding	698	698	698
Market Capitalization	2,848	3,064	3,628

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	TTM
Revenue per Share	1.92	2.59	2.62	1.96	2.03	2.93	3.92	4.89	5.61	6.87	5.61	4.23	- -	3.55
Basic EPS, GAAP	0.28	0.33	0.32	0.29	0.24	0.28	0.36	0.58	0.54	0.38	0.3	0.22	- -	0.06
Free Cash Flow per Basic Share	-0.1	-0.06	0.07	0.26	0.39	0.06	0.05	0.29	0.24	0.3	0.29	0.31	- -	-0.3
Dividend per Share	0.02	0.03	0.04	0.04	0.05	0.05	0.1	0.07	0.08	0.09	0.09	0.08	- -	0.08
Book Value per Share	1	1.38	1.67	2.02	2.2	2.44	3.15	3.67	4.17	4.32	4.62	4.69	- -	4.6
Tangible Book Value per Share	1.82	2.14	2.41	2.66	2.87	3.09	3.12	3.64	4.19	4.3	4.58	4.6	- -	4.47
Basic Weighted Avg Shares	683	685	683	685	683	682	692	694	690	716	704	722	- -	740
Sales/Revenue/Turnover	1,308	1,772	1,789	1,345	1,385	1,998	2,716	3,394	3,871	4,918	3,947	3,058	2,617	2,626
Operating Margin (%)	18.52	16.55	16.29	19.48	13.63	11.03	11.44	14.53	12.15	7.13	8.14	7.43	4.55	4.23
Depreciation Expense	35	50	58	59	56	54	54	56	63	80	97	102	96	- -
Net Income, GAAP	194	226	222	202	167	191	249	402	372	272	211	159	49	44
Effective Tax Rate (%)	18.58	17.13	18.3	17.05	16.7	15.83	13.5	12.99	12.41	8.84	9.21	10.48	- -	12.22
Profit Margin (%)	14.85	12.78	12.4	15.02	12.08	9.57	9.17	11.86	9.62	5.53	5.35	5.2	1.88	1.69
Working Capital	944	1,036	1,160	1,161	1,263	1,359	1,380	1,593	1,859	1,951	2,502	2,442	2,251	2,350
LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	32	33	424	456	527	587
Total Equity	1,443	1,668	1,868	2,041	2,177	2,325	2,515	2,899	3,282	3,490	3,684	3,728	3,657	3,689
Return on Invested Capital (%)	14.64	15.67	13.59	11.43	7.78	8.64	11.64	16.48	13.76	9.5	7.87	5.24	- -	- -
Return on Capital (%)	31.45	24.91	19.43	15.14	11	11.62	12.37	16.02	13.07	8.62	6.54	4.35	- -	3.47
Return on Common Equity (%)	34.06	27.82	21.27	16.03	11.6	12.07	12.96	17.04	13.75	9.12	6.66	4.78	1.46	1.3

Year	Q1	Q2	Q3	Q4	FY
2023	640	1,035	953	290	3,058
2024	521	658	670	768	2,617
2025	530	- -	- -	- -	- -

	Sep'24	Dec'24	Mar'25
Total Current Assets	4,018	4,023	3,878
Accounts Receivable, Net	2,696	2,580	2,424
Cash, Cash Equivalents & STI	699	907	963
Inventories	119	114	115
Total Current Liabilities	1,717	1,771	1,527
Payables & Accruals	- -	- -	- -
ST Debt	6	7	8
Deferred Revenue	- -	- -	- -

Lets Holdings Group Co., Ltd.

Growth Rates

(avg. rate of change)

Company Description

Growth Rates

(avg. rate of change)

Capital Structure

Quarterly Earnings Per Share

Year

Quarterly Revenue

Year

Working Capital

Quarterly Dividends Per Share

Year