PerpEquities

Jiangsu Lettall Electronic Co., Ltd. (LETTALL) financials

SHH · Technology · Hardware, Equipment & Parts · 2,006 employees · CEO Qiang Li

Price
CN¥64.55 -7.00%
Market cap
CN¥23.7B
Enterprise value
CN¥23.3B
Last report
Q2 '26 filed 2026-06-30
Revenue (TTM)CN¥3.89B+35.4% vs a year agoLast 4 quarters; bars = each quarter
Operating margin (TTM)27.4%+24.1 pp vs a year agoOperating income CN¥1.07B
Net income (TTM)CN¥944M+2,696.8% vs a year agoAfter tax, incl. non-operating gains
Free cash flow (TTM)CN¥2.73B+582.0% vs a year agoCapex CN¥471M
Diluted EPS (TTM)CN¥3.54+2,635.7% vs a year agoSum of the last 4 quarters
Net cashCN¥380M+123.7% vs a year agoCash + short-term investments - debt

Valuation & key figures

Market cap
CN¥23.7B
EV CN¥23.3B
Revenue
CN¥3.89B
Trailing 12 months
Revenue growth
–
Next fiscal year
Profit margin
24.3%
Net income / revenue, TTM
P/E
18.1×
P/S
6.1×
Price / sales, TTM
EV / EBITDA
14.7×
TTM
Free cash flow
CN¥2.73B
Trailing 12 months
Net income
CN¥944M
Trailing 12 months
Revenue estimate
–
Next fiscal year
Earnings
–
Dividend
CN¥0.43
Per share, last 12 months

Key takeaways

Computed from the reported numbers - every statement carries the figure it rests on.

  • Revenue growth slowing: 35.9% year on yearQ2 '26 revenue CN¥1.1B, against an average of 46.7% over the four quarters before.
  • Operating margin 27.4% (TTM), +24.1 pp on a year agoOperating income grew 1,019.3% while revenue grew 35.4%.
  • Capex 12.1% of revenue (a year ago 17.6%)CN¥471M invested in the last 4 quarters (-7.2% on a year earlier). Free cash flow CN¥2.73B = 289.4% of net income.
  • Returned CN¥23M to shareholders = 0.8% of free cash flowBuybacks CN¥0 (a year earlier -CN¥32M), dividends CN¥23M, stock-based pay CN¥0 (TTM).
  • Diluted share count up 9.4% in a year266M diluted shares in Q2 '26, 243M a year earlier.
  • Net cash CN¥380MCash + short-term investments CN¥2.55B, debt incl. leases CN¥2.17B; a year ago net debt CN¥1.6B.

Last quarter: Q2 '26

Quarter ended 2026-06-30. Compared with the same quarter a year earlier and with the analyst consensus before the report.

Quarter vs a year ago

Q2 '26Year agoChange
RevenueCN¥1.1BCN¥812M+35.9%
Gross margin46.9%21.1%+25.8 pp
Operating incomeCN¥426MCN¥41.5M+924.4%
Operating margin38.6%5.1%+33.4 pp
Net incomeCN¥431MCN¥21.6M+1,893.5%
Diluted EPSCN¥1.62CN¥0.09+1,720.2%
Operating cash flowCN¥1.97BCN¥116M+1,589.2%
CapexCN¥78.6MCN¥67.9M+15.9%
Free cash flowCN¥1.89BCN¥48.5M+3,789.4%
R&DCN¥25.6MCN¥31.5M-18.7%
Stock-based compensationCN¥0CN¥0–

EPS vs consensus

last 8 reports

Revenue

Where the money comes from - by business line and by region, quarter by quarter.

Revenue, operating income and growth

quarterly

Margins & cost structure

How much of each unit of revenue is left at each level - and where the costs go.

Margins

quarterly

Costs as % of revenue

quarterly

Cash flow & capital allocation

Cash generated, what it is spent on, and what reaches shareholders.

Operating cash flow, capex, free cash flow

quarterly

Uses of cash vs operating cash flow

fiscal years

Last 4 quarters

cash flow statement
Operating cash flow
CN¥3.2B
Capex
-CN¥471M
Buybacks
CN¥0
Dividends
-CN¥23M
Acquisitions
CN¥215K
Net debt issued
CN¥570M
Stock-based compensation
CN¥0
Free cash flow
CN¥2.73B
Returned to shareholders / FCF
0.8%

Share count and EPS

quarterly, diluted

Balance sheet

Liquidity, investments and debt at each quarter end.

Cash, investments and debt

quarter ends

Valuation & returns

Today's multiples against the company's own last five fiscal years; analyst targets and ratings.

Multiples and returns

TTM vs 5 fiscal years
Now5y averageWhere today sits in the 5-year range
P/E (TTM)18.1×72.3×17.0× – 142.2×
EV / EBITDA14.7×16.0×6.2× – 37.4×
EV / Sales6.0×1.9×0.9× – 3.1×
Price / FCF8.7×56.0× 2 of 5 years10.4× – 101.5×
Price / Book6.5×2.1×1.0× – 3.4×
FCF yield11.5%-2.7%-12.7% – 9.6%
Return on invested capital17.7%2.8%0.6% – 6.6%
Return on equity43.4%5.3%1.5% – 15.0%

Financial statements

Every line of the income statement, balance sheet and cash flow statement - 12 quarters and 10 fiscal years, as values, as % of revenue or as growth.

Income statementRevenue, costs, operating income, net income and EPSOpenBalance sheetCash, investments, assets, debt, liabilities and equityOpenCash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates: Financial Modeling Prep.

Data as of 2026-11-01