Income Statement LC Logistics, Inc.

Stocks

2490

KYG540821132

Marine Freight & Logistics

Market Closed - Hong Kong S.E. Other stock markets 12:08:22 30/07/2026 +04			5-day change	1st Jan Change
5.020 ^HKD	+2.45%		+4.80%	+12.81%

02:50pm	LC Logistics, Inc. has Changed its Name to LC Group Holding Limited	CI
06-23	LC Logistics Nets HK$137.5 Million via Share Placement	MT

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Published financial data: LC LOGISTICS, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	4.2B	4.61B	1.24B	1.95B	1.87B
Total Revenues	4.2B	4.61B	1.24B	1.95B	1.87B
Cost of Goods Sold, Total	3.74B	4.06B	1.01B	1.74B	1.7B
Gross Profit	457M	545M	227M	210M	175M
Selling General & Admin Expenses, Total	64.5M	106M	100M	121M	105M
Provision for Bad Debts	-	-	-	12.87M	549K
Other Operating Expenses	2.23M	9.42M	2.86M	-	-
Other Operating Expenses, Total	66.74M	115M	103M	134M	105M
Operating Income	390M	430M	123M	76.05M	69.53M
Interest Expense, Total	-8.03M	-4.83M	-5.39M	-8.94M	-7.56M
Interest And Investment Income	177K	2.08M	1.96M	14.85M	19.61M
Net Interest Expenses	-7.86M	-2.75M	-3.43M	5.91M	12.05M
Income (Loss) On Equity Invest.	5.96M	-159K	-46K	-309K	-2.78M
Currency Exchange Gains (Loss)	-4.04M	6.8M	2.01M	-3.28M	4.91M
Other Non Operating Income (Expenses)	111K	623K	1.54M	-22.37M	26.62M
EBT, Excl. Unusual Items	384M	435M	123M	56.01M	110M
Gain (Loss) On Sale Of Investments	3.28M	-	202K	-3M	-9.97M
Gain (Loss) On Sale Of Assets	20.17M	-39.27M	-916K	353M	62.44M
EBT, Incl. Unusual Items	408M	395M	123M	407M	163M
Income Tax Expense	15.68M	9.08M	3.08M	5.55M	2.96M
Earnings From Continuing Operations	392M	386M	120M	401M	160M
Net Income to Company	392M	386M	120M	401M	160M
Minority Interest	-7.95M	-5.36M	-710K	-5.17M	-21.85M
Net Income - (IS)	384M	381M	119M	396M	138M
Net Income to Common Incl Extra Items	384M	381M	119M	396M	138M
Net Income to Common Excl. Extra Items	384M	381M	119M	396M	138M
Per Share Items
Net EPS - Basic	-	4.47	0.23	0.69	0.24
Basic EPS - Continuing Operations	-	4.47	0.23	0.69	0.24
Basic Weighted Average Shares Outstanding	-	85.18M	527M	573M	573M
Net EPS - Diluted	-	4.47	0.23	0.69	0.24
Diluted EPS - Continuing Operations	-	4.47	0.23	0.69	0.24
Diluted Weighted Average Shares Outstanding	-	85.18M	527M	573M	573M
Normalized Basic EPS	-	3.13	0.14	0.05	0.08
Normalized Diluted EPS	-	3.13	0.14	0.05	0.08
Dividend Per Share	-	-	-	0.21	-
Payout Ratio	-	-	-	-	84.26
Supplemental Items
EBITDA	417M	465M	163M	124M	125M
EBITA	390M	430M	123M	76.05M	69.53M
EBIT	390M	430M	123M	76.05M	69.53M
EBITDAR	1.44B	1.69B	177M	132M	128M
Effective Tax Rate - (Ratio)	3.85	2.3	2.51	1.37	1.82
Current Domestic Taxes	15.57M	9.46M	1.37M	-	-
Total Current Taxes	15.57M	9.46M	1.37M	4.92M	3.57M
Total Deferred Taxes	114K	-379K	1.71M	632K	-614K
Normalized Net Income	232M	266M	76.4M	29.84M	47.11M
Interest on Long-Term Debt	434K	455K	576K	4.98M	3.64M
Supplemental Operating Expense Items
Selling and Marketing Expenses	14.69M	18.61M	17.37M	22.94M	26.34M
General and Administrative Expenses	49.82M	87.14M	83.08M	98.22M	78.56M
Net Rental Expense, Total	1.02B	1.22B	14.63M	8.03M	2.72M
Imputed Operating Lease Interest Expense	893M	516M	8.84M	5.12M	1.25M
Imputed Operating Lease Depreciation	129M	705M	5.79M	2.92M	1.46M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	190M	340M	208M	780M	429M
Trading Asset Securities, Total	3.3M	6.37M	9.97M	58.37M	59M
Total Cash And Short Term Investments	193M	346M	218M	838M	488M
Accounts Receivable, Total	311M	149M	89.26M	108M	143M
Other Receivables	122K	749K	960K	957K	12.7M
Total Receivables	311M	150M	90.22M	109M	155M
Inventory	17.04M	6.6M	5.38M	6.33M	8.86M
Prepaid Expenses	318M	49.28M	30.36M	53.78M	68.26M
Other Current Assets, Total	-	86.56M	74.86M	-	-
Total Current Assets	840M	639M	419M	1.01B	720M
Gross Property Plant And Equipment	316M	481M	523M	586M	641M
Accumulated Depreciation	-50.61M	-72.34M	-91.13M	-109M	-152M
Net Property Plant And Equipment	265M	408M	432M	477M	489M
Long-term Investments	5.67M	2.57M	2.44M	2.39M	29.54M
Goodwill	8.57M	8.57M	8.57M	8.57M	8.57M
Other Intangibles, Total	2.25M	2.13M	1.87M	1.67M	1.3M
Deferred Tax Assets Long-Term	2.81M	3.01M	1.18M	429K	1.12M
Other Long-Term Assets, Total	9.82M	377M	581M	427M	653M
Total Assets	1.13B	1.44B	1.45B	1.92B	1.9B
Liabilities
Accounts Payable, Total	453M	336M	172M	135M	147M
Accrued Expenses, Total	12.8M	12.02M	6.06M	7.09M	9.88M
Short-term Borrowings	18.2M	19.71M	10M	41.6M	13M
Current Portion of Long-Term Debt	52M	17.51M	41.27M	15.86M	15.2M
Current Portion of Leases	2.92M	3.4M	4.58M	30.21M	34.48M
Current Income Taxes Payable	16.57M	1.26M	24K	796K	3.13M
Unearned Revenue Current, Total	39.26M	19.58M	2.91M	2.82M	24.87M
Other Current Liabilities	31.31M	95.19M	41.49M	59.27M	63.06M
Total Current Liabilities	626M	505M	279M	293M	311M
Long-Term Debt	22.94M	39.42M	-	27.2M	11.57M
Long-Term Leases	2.12M	4.59M	2.2M	51.6M	20.92M
Deferred Tax Liability Non Current	395K	252K	156K	42K	114K
Total Liabilities	652M	549M	281M	372M	344M
Common Stock, Total	-	29K	205K	205K	205K
Additional Paid In Capital	-	8.39M	143M	143M	143M
Retained Earnings	438M	819M	938M	1.29B	1.31B
Comprehensive Income and Other	37.94M	51.51M	53.51M	69.48M	34.91M
Total Common Equity	476M	879M	1.13B	1.5B	1.49B
Minority Interest	5.99M	12.27M	29.51M	47.88M	68.07M
Total Equity	482M	891M	1.16B	1.55B	1.56B
Total Liabilities And Equity	1.13B	1.44B	1.45B	1.92B	1.9B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	-	85.18M	573M	573M	573M
ECS Total Common Shares Outstanding	-	85.18M	573M	573M	573M
Book Value / Share	-	10.32	1.98	2.63	2.6
Tangible Book Value	465M	868M	1.12B	1.49B	1.48B
Tangible Book Value Per Share	-	10.19	1.96	2.61	2.59
Total Debt	98.17M	84.63M	58.04M	166M	95.17M
Net Debt	-95.14M	-262M	-160M	-672M	-393M
Debt Equivalent Oper. Leases	8.18B	9.77B	117M	64.25M	21.72M
Minority Interest, Total (Incl. Fin. Div)	5.99M	12.27M	29.51M	47.88M	68.07M
Equity Method Investments, Total	3.42M	181K	135K	626K	27.52M
Account Code - Inventory Valuation	-	8	8	8	8
Inventories - Raw Materials, Total	1.12M	2.2M	-	-	-
Inventories - Others	15.92M	4.4M	-	-	-
Machinery, Total	101M	113M	182M	162M	194M
Full Time Employees	-	329	324	337	331
Part Time Employees	-	-	6	12	35
Accumulated Allowance for Doubtful Accounts (Supple)	6.37M	15.84M	17.36M	29.38M	26.51M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	384M	381M	119M	396M	138M
Depreciation & Amortization - CF	29.55M	39M	44.36M	79.3M	87.17M
Depreciation & Amortization, Total	29.55M	39M	44.36M	79.3M	87.17M
Amortization of Deferred Charges, Total - (CF)	642K	375K	402K	407K	416K
(Gain) Loss From Sale Of Asset	-20.17M	39.27M	916K	-353M	-62.44M
(Gain) Loss on Sale of Investments - (CF)	-3.28M	232K	-202K	3M	9.97M
(Income) Loss On Equity Investments - (CF)	-5.96M	159K	46K	309K	2.78M
Provision and Write-off of Bad Debts	1.2M	9.47M	1.52M	12.87M	549K
Other Operating Activities, Total	30.53M	-4.81M	5.9M	33.38M	-760K
Change In Accounts Receivable	-213M	153M	58.36M	-52.03M	-35.53M
Change In Inventories	-13.71M	10.44M	1.22M	-944K	-2.54M
Change In Accounts Payable	327M	-117M	-164M	-36.96M	12.02M
Change in Other Net Operating Assets	-11.79M	74.32M	-26.38M	-2.34M	30.46M
Cash from Operations	505M	585M	41.02M	79.28M	180M
Capital Expenditure	-696M	-621M	-312M	-460M	-380M
Sale of Property, Plant, and Equipment	298M	278M	27.55M	981M	110M
Cash Acquisitions	-	-	-	-	43M
Divestitures	-2.51M	-	-	-	-
Sale (Purchase) of Intangible assets	-59K	-254K	-142K	-210K	-51K
Investment in Marketable and Equity Securities, Total	4.78M	-3.3M	-3.4M	-49.28M	-76.49M
Other Investing Activities, Total	83K	-509K	-7.83M	1.28M	-14.28M
Cash from Investing	-395M	-347M	-295M	473M	-318M
Short Term Debt Issued, Total	8.8M	90K	-	-	-
Long-Term Debt Issued, Total	118M	52.34M	10M	84.66M	18.4M
Total Debt Issued	127M	52.44M	10M	84.66M	18.4M
Short Term Debt Repaid, Total	-5.96M	-3.19M	-	-	-
Long-Term Debt Repaid, Total	-75.32M	-101M	-32.85M	-79.5M	-111M
Total Debt Repaid	-81.29M	-104M	-32.85M	-79.5M	-111M
Issuance of Common Stock	-	8.42M	145M	-	-
Common Dividends Paid	-	-	-	-	-116M
Common & Preferred Stock Dividends Paid	-	-	-	-	-116M
Other Financing Activities, Total	-13.22M	-66.2M	-10.2M	1.44M	4.79M
Cash from Financing	32.4M	-109M	112M	6.59M	-205M
Foreign Exchange Rate Adjustments	-2.79M	20.75M	6.58M	3.8M	-6M
Net Change in Cash	139M	150M	-136M	562M	-348M
Supplemental Items
Cash Interest Paid	7.6M	4.37M	3.26M	3.96M	3.92M
Cash Income Tax Paid (Refund)	2.87M	24.88M	3.4M	4.18M	303K
Levered Free Cash Flow	-556M	-50.28M	-343M	-324M	-274M
Unlevered Free Cash Flow	-551M	-47.26M	-340M	-319M	-270M
Change In Net Working Capital	129M	-265M	150M	-14.68M	20.78M
Net Debt Issued / Repaid	45.62M	-51.34M	-22.85M	5.15M	-93.09M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	33.4	20.89	5.34	2.82	2.27
Return on Total Capital	66.28	34.56	7.01	3.23	2.58
Return On Equity %	133.19	56.27	11.64	29.53	10.28
Return on Common Equity	133.6	56.23	11.81	30	9.22
Margin Analysis
Gross Profit Margin %	10.89	11.83	18.3	10.79	9.35
SG&A Margin	1.54	2.29	8.11	6.22	5.6
EBITDA Margin %	9.94	10.08	13.15	6.39	6.69
EBITA Margin %	9.3	9.33	9.96	3.91	3.71
EBIT Margin %	9.3	9.33	9.96	3.91	3.71
Income From Continuing Operations Margin %	9.34	8.38	9.66	20.6	8.54
Net Income Margin %	9.15	8.27	9.6	20.33	7.37
Net Avail. For Common Margin %	9.15	8.27	9.6	20.33	7.37
Normalized Net Income Margin	5.54	5.78	6.17	1.53	2.52
Levered Free Cash Flow Margin	-13.25	-1.09	-27.73	-16.66	-14.65
Unlevered Free Cash Flow Margin	-13.13	-1.03	-27.46	-16.38	-14.4
Asset Turnover
Asset Turnover	5.75	3.58	0.86	1.16	0.98
Fixed Assets Turnover	21.79	13.69	2.95	4.28	3.88
Receivables Turnover (Average Receivables)	19.58	20.02	10.39	19.77	14.97
Inventory Turnover (Average Inventory)	367.14	343.75	168.91	296.55	223.47
Short Term Liquidity
Current Ratio	1.34	1.26	1.5	3.43	2.31
Quick Ratio	0.81	0.98	1.11	3.23	2.07
Operating Cash Flow to Current Liabilities	0.81	1.16	0.15	0.27	0.58
Days Sales Outstanding (Average Receivables)	18.64	18.24	35.13	18.51	24.39
Days Outstanding Inventory (Average Inventory)	0.99	1.06	2.16	1.23	1.63
Average Days Payable Outstanding	29.02	35.56	91.88	32.43	30.37
Cash Conversion Cycle (Average Days)	-9.39	-16.26	-54.59	-12.68	-4.35
Long Term Solvency
Total Debt/Equity	20.37	9.5	4.98	10.73	6.1
Total Debt / Total Capital	16.92	8.67	4.75	9.69	5.75
LT Debt/Equity	5.2	4.94	0.19	5.08	2.08
Long-Term Debt / Total Capital	4.32	4.51	0.18	4.59	1.96
Total Liabilities / Total Assets	57.48	38.13	19.45	19.34	18.06
EBIT / Interest Expense	48.56	89.11	22.89	8.51	9.2
EBITDA / Interest Expense	52.24	97.19	31.12	17.38	20.74
(EBITDA - Capex) / Interest Expense	-34.4	-31.36	-26.73	-34.14	-29.53
Total Debt / EBITDA	0.23	0.18	0.35	1.07	0.61
Net Debt / EBITDA	-0.23	-0.56	-0.95	-4.32	-2.5
Total Debt / (EBITDA - Capex)	-0.36	-0.56	-0.4	-0.55	-0.43
Net Debt / (EBITDA - Capex)	0.34	1.73	1.11	2.2	1.76
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	436.82	9.83	-73.12	57.16	-3.81
Gross Profit, 1 Yr. Growth %	616.2	19.36	-58.44	-7.29	-16.72
EBITDA, 1 Yr. Growth %	1.3K	11.41	-64.96	-24.27	0.79
EBITA, 1 Yr. Growth %	1.54K	10.26	-71.33	-38.99	-8.58
EBIT, 1 Yr. Growth %	1.54K	10.26	-71.33	-38.99	-8.58
Earnings From Cont. Operations, 1 Yr. Growth %	1.32K	-1.46	-69.04	235.29	-60.13
Net Income, 1 Yr. Growth %	1.4K	-0.82	-68.79	232.94	-65.13
Normalized Net Income, 1 Yr. Growth %	1.86K	14.67	-71.31	-60.65	57.9
Diluted EPS Before Extra, 1 Yr. Growth %	-	-	-69.75	206.59	-65.13
Accounts Receivable, 1 Yr. Growth %	165.35	-52.09	-40.15	20.55	32.51
Inventory, 1 Yr. Growth %	412.14	-61.28	-18.41	17.54	40.08
Net Property, Plant and Equip., 1 Yr. Growth %	120.64	54.14	5.76	10.5	2.41
Total Assets, 1 Yr. Growth %	247.13	27.08	0.35	33.07	-1.08
Tangible Book Value, 1 Yr. Growth %	430.89	86.65	29.51	32.82	-0.83
Common Equity, 1 Yr. Growth %	380.68	84.66	29.12	32.5	-0.85
Cash From Operations, 1 Yr. Growth %	891.87	15.92	-92.99	93.25	127.17
Capital Expenditures, 1 Yr. Growth %	1.43K	-10.84	-49.77	47.75	-17.51
Levered Free Cash Flow, 1 Yr. Growth %	-	-90.96	582.99	-5.32	-15.42
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-91.42	619.47	-6.02	-15.42
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	142.82	-45.67	-35.01	22.95
Gross Profit, 2 Yr. CAGR %	-	192.38	-29.57	-37.93	-12.13
EBITDA, 2 Yr. CAGR %	-	294.43	-37.52	-48.28	-12.64
EBITA, 2 Yr. CAGR %	-	324.99	-43.78	-57.95	-25.31
EBIT, 2 Yr. CAGR %	-	324.99	-43.78	-57.95	-25.31
Earnings From Cont. Operations, 2 Yr. CAGR %	-	274.53	-44.77	1.88	15.62
Net Income, 2 Yr. CAGR %	-	286.35	-44.37	1.93	7.74
Normalized Net Income, 2 Yr. CAGR %	-	374.29	-42.64	-66.53	-21.18
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-	-3.7	3.39
Accounts Receivable, 2 Yr. CAGR %	-	12.75	-46.45	-15.06	26.39
Inventory, 2 Yr. CAGR %	-	40.82	-43.79	-2.08	28.32
Net Property, Plant and Equip., 2 Yr. CAGR %	-	84.42	27.68	8.1	6.38
Total Assets, 2 Yr. CAGR %	-	110.03	12.92	15.56	14.73
Tangible Book Value, 2 Yr. CAGR %	-	214.79	55.48	31.16	14.77
Common Equity, 2 Yr. CAGR %	-	197.93	54.41	30.8	14.62
Cash From Operations, 2 Yr. CAGR %	-	239.09	-71.5	-63.2	109.53
Capital Expenditures, 2 Yr. CAGR %	-	269.89	-33.08	-13.86	10.39
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-21.4	153.99	-10.51
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-21.43	159.71	-10.85
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	16.59	-22.59	-25.93
Gross Profit, 3 Yr. CAGR %	-	-	52.59	-22.81	-31.54
EBITDA, 3 Yr. CAGR %	-	-	75.99	-33.2	-35.4
EBITA, 3 Yr. CAGR %	-	-	73	-42.02	-45.53
EBIT, 3 Yr. CAGR %	-	-	73	-42.02	-45.53
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	63.14	0.75	-25.48
Net Income, 3 Yr. CAGR %	-	-	67.01	1.01	-28.71
Normalized Net Income, 3 Yr. CAGR %	-	-	86.19	-49.54	-43.86
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-	-31.36
Accounts Receivable, 3 Yr. CAGR %	-	-	-8.71	-29.82	-1.49
Inventory, 3 Yr. CAGR %	-	-	17.4	-28.12	10.34
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	53.22	21.68	6.17
Total Assets, 3 Yr. CAGR %	-	-	64.19	19.28	9.72
Tangible Book Value, 3 Yr. CAGR %	-	-	134.13	47.53	19.49
Common Equity, 3 Yr. CAGR %	-	-	125.46	46.73	19.26
Cash From Operations, 3 Yr. CAGR %	-	-	-6.94	-46.05	-32.49
Capital Expenditures, 3 Yr. CAGR %	-	-	90.12	-12.86	-15.09
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-16.44	76.05
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-16.67	78.68
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	19.09
Gross Profit, 5 Yr. CAGR %	-	-	-	-	22.36
EBITDA, 5 Yr. CAGR %	-	-	-	-	33.21
EBITA, 5 Yr. CAGR %	-	-	-	-	23.9
EBIT, 5 Yr. CAGR %	-	-	-	-	23.9
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	42.15
Net Income, 5 Yr. CAGR %	-	-	-	-	40.15
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	31.82
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	3.98
Inventory, 5 Yr. CAGR %	-	-	-	-	21.65
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	32.41
Total Assets, 5 Yr. CAGR %	-	-	-	-	42.26
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	76.04
Common Equity, 5 Yr. CAGR %	-	-	-	-	72.01
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	28.75
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	52.97