Jiangsu Lettall Electronic Co., Ltd. (LETTALL) income statement

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

Jiangsu Lettall Electronic Co., Ltd. (LETTALL) reported revenue of CN¥1.1B for Q2 '26 (+35.9% year on year), operating income of CN¥426M (38.6% of revenue) and net income of CN¥431M. Over the last four quarters revenue was CN¥3.89B.

Income statement

Income statement	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26
Revenue	CN¥470M	CN¥451M	CN¥428M	CN¥461M	CN¥602M	CN¥757M	CN¥704M	CN¥812M	CN¥946M	CN¥845M	CN¥997M	CN¥1.1B
Cost of revenue	CN¥400M	CN¥374M	CN¥320M	CN¥382M	CN¥482M	CN¥674M	CN¥571M	CN¥640M	CN¥691M	CN¥585M	CN¥536M	CN¥586M
Gross profit	CN¥69.9M	CN¥76.3M	CN¥108M	CN¥78.5M	CN¥120M	CN¥82.8M	CN¥134M	CN¥171M	CN¥255M	CN¥260M	CN¥461M	CN¥518M
Research & development	CN¥20.7M	CN¥19.2M	CN¥14.3M	CN¥15M	CN¥15M	CN¥39.9M	CN¥19.1M	CN¥31.5M	CN¥19.1M	CN¥25.6M	CN¥21.9M	CN¥25.6M
Sales & marketing	CN¥7.31M	CN¥462K	CN¥6.23M	CN¥4.52M	CN¥5.49M	CN¥4.36M	CN¥4.35M	CN¥8.29M	CN¥8.17M	CN¥7.54M	CN¥8.87M	-CN¥2M
General & administrative	CN¥38.9M	CN¥37.6M	CN¥45.4M	CN¥45.4M	CN¥54M	CN¥35.3M	CN¥42.2M	CN¥44.7M	CN¥66M	-CN¥68.7M	CN¥56M	-CN¥7.68M
Other operating expenses	CN¥878K	CN¥4.87M	CN¥496K	CN¥2.71M	CN¥34.9M	CN¥4.86M	CN¥23.6M	CN¥45.4M	-CN¥30.3M	CN¥189M	CN¥33.3M	CN¥76.6M
Operating expenses	CN¥67.7M	CN¥62.1M	CN¥66.5M	CN¥67.7M	CN¥109M	CN¥84.4M	CN¥89.2M	CN¥130M	CN¥62.9M	CN¥153M	CN¥120M	CN¥92.5M
Operating income	CN¥2.13M	CN¥14.2M	CN¥41.4M	CN¥10.8M	CN¥10.7M	-CN¥1.57M	CN¥44.5M	CN¥41.5M	CN¥193M	CN¥106M	CN¥341M	CN¥426M
Interest income	CN¥2.28M	CN¥3.6M	CN¥904K	CN¥4.08M	CN¥786K	CN¥3.72M	CN¥885K	CN¥797K	CN¥766K	CN¥1.17M	CN¥398K	CN¥2.3M
Interest expense	CN¥5.1M	CN¥6.73M	CN¥7.39M	CN¥13.2M	CN¥18.3M	CN¥22.1M	CN¥20.3M	CN¥17.2M	CN¥18.3M	CN¥25M	CN¥22.4M	CN¥25M
Other non-operating income (gains on investments, FX ...)	-CN¥5.26M	-CN¥7.4M	-CN¥7.27M	-CN¥13.1M	-CN¥17.6M	-CN¥21.8M	-CN¥20M	-CN¥17.3M	-CN¥18.3M	-CN¥24.7M	-CN¥22.2M	-CN¥109M
Total non-operating income	CN¥161K	CN¥664K	-CN¥121K	-CN¥116K	-CN¥735K	-CN¥282K	-CN¥272K	CN¥96.1K	-CN¥7.4K	-CN¥265K	-CN¥112K	CN¥83.6M
Income before tax	CN¥2.29M	CN¥14.9M	CN¥41.2M	CN¥10.7M	CN¥9.98M	-CN¥1.85M	CN¥44.2M	CN¥41.6M	CN¥193M	CN¥106M	CN¥341M	CN¥509M
Income tax	-CN¥1.05M	CN¥6.21M	CN¥6.74M	CN¥1.22M	-CN¥1.04M	CN¥26.5M	CN¥14.5M	CN¥19.7M	CN¥27.5M	CN¥28.6M	CN¥67.8M	CN¥77M
Net income	CN¥3.44M	CN¥9.57M	CN¥33.1M	CN¥8.85M	CN¥10.8M	-CN¥28.1M	CN¥29.5M	CN¥21.6M	CN¥165M	CN¥76.6M	CN¥271M	CN¥431M
EPS (basic)	CN¥0.01	CN¥0.04	CN¥0.13	CN¥0.03	CN¥0.04	-CN¥0.11	CN¥0.11	CN¥0.09	CN¥0.61	CN¥0.29	CN¥1.03	CN¥1.64
EPS (diluted)	CN¥0.01	CN¥0.04	CN¥0.13	CN¥0.03	CN¥0.04	-CN¥0.11	CN¥0.11	CN¥0.09	CN¥0.61	CN¥0.29	CN¥1.02	CN¥1.62
Shares (basic, weighted)	271M	239M	255M	270M	266M	257M	268M	243M	270M	262M	263M	263M
Shares (diluted, weighted)	271M	239M	255M	270M	266M	257M	268M	243M	270M	265M	266M	266M
Depreciation & amortization	CN¥25.4M	CN¥25.4M	CN¥32M	CN¥32M	CN¥124M	CN¥124M	CN¥157M	CN¥157M	CN¥170M	CN¥170M	CN¥0	CN¥0
EBITDA	CN¥32.8M	CN¥47M	CN¥80.7M	CN¥55.9M	CN¥153M	CN¥145M	CN¥221M	CN¥216M	CN¥381M	CN¥301M	CN¥363M	CN¥534M

Income statement	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	CN¥1.38B	CN¥1.67B	CN¥1.59B	CN¥1.62B	CN¥1.65B	CN¥1.8B	CN¥2.03B	CN¥1.89B	CN¥2.25B	CN¥3.31B
Cost of revenue	CN¥1.03B	CN¥1.33B	CN¥1.26B	CN¥1.33B	CN¥1.4B	CN¥1.53B	CN¥1.71B	CN¥1.61B	CN¥1.86B	CN¥2.49B
Gross profit	CN¥357M	CN¥342M	CN¥332M	CN¥293M	CN¥247M	CN¥275M	CN¥314M	CN¥283M	CN¥391M	CN¥820M
Research & development	CN¥55M	CN¥62.5M	CN¥62M	CN¥62.5M	CN¥67.1M	CN¥87.6M	CN¥86.6M	CN¥77.5M	CN¥84.3M	CN¥95.2M
Sales & marketing	CN¥63M	CN¥72.6M	CN¥68.9M	CN¥66.8M	CN¥26.6M	CN¥27.5M	CN¥34M	CN¥21.1M	CN¥22.8M	CN¥28.4M
General & administrative	CN¥149M	CN¥71.1M	CN¥74.5M	CN¥78.4M	CN¥86.2M	CN¥93.6M	CN¥116M	CN¥135M	CN¥180M	CN¥84.2M
Other operating expenses	-CN¥21.6M	CN¥33.5M	CN¥20.6M	CN¥14.9M	CN¥18.4M	CN¥12.5M	CN¥1.06M	CN¥5.15M	CN¥42.9M	CN¥228M
Operating expenses	CN¥246M	CN¥240M	CN¥226M	CN¥223M	CN¥198M	CN¥221M	CN¥238M	CN¥239M	CN¥330M	CN¥435M
Operating income	CN¥111M	CN¥102M	CN¥106M	CN¥70.5M	CN¥49.1M	CN¥53.8M	CN¥76.1M	CN¥44.3M	CN¥61.3M	CN¥385M
Interest income	CN¥570K	CN¥945K	CN¥787K	CN¥6.28M	CN¥3.38M	CN¥1.91M	CN¥4M	CN¥3.03M	CN¥9.49M	CN¥3.61M
Interest expense	CN¥17.4M	CN¥19.4M	CN¥21.7M	CN¥13.1M	CN¥14.3M	CN¥22.1M	CN¥18M	CN¥17.5M	CN¥61M	CN¥80.7M
Other non-operating income (gains on investments, FX ...)	-CN¥10.6M	-CN¥19.2M	-CN¥21.6M	-CN¥12.8M	-CN¥14M	-CN¥21.3M	-CN¥17.5M	-CN¥18.2M	-CN¥59.7M	-CN¥80.3M
Total non-operating income	-CN¥6.78M	-CN¥175K	-CN¥129K	-CN¥299K	-CN¥327K	-CN¥850K	-CN¥581K	CN¥749K	-CN¥1.25M	-CN¥448K
Income before tax	CN¥104M	CN¥102M	CN¥106M	CN¥70.2M	CN¥48.8M	CN¥52.9M	CN¥75.6M	CN¥45.1M	CN¥60.1M	CN¥384M
Income tax	CN¥20.7M	CN¥14M	CN¥13.3M	CN¥6.74M	CN¥5.12M	-CN¥4.33M	CN¥10.1M	CN¥6.07M	CN¥33.5M	CN¥90.3M
Net income	CN¥83.7M	CN¥88M	CN¥92.4M	CN¥63.5M	CN¥46.4M	CN¥57.7M	CN¥65.9M	CN¥40.2M	CN¥24.6M	CN¥293M
EPS (basic)	CN¥0.59	CN¥0.60	CN¥0.47	CN¥0.32	CN¥0.23	CN¥0.29	CN¥0.26	CN¥0.16	CN¥0.10	CN¥1.12
EPS (diluted)	CN¥0.59	CN¥0.60	CN¥0.47	CN¥0.32	CN¥0.23	CN¥0.29	CN¥0.26	CN¥0.16	CN¥0.10	CN¥1.11
Shares (basic, weighted)	143M	147M	197M	197M	198M	197M	254M	251M	246M	261M
Shares (diluted, weighted)	143M	147M	197M	197M	198M	197M	254M	251M	246M	264M
Depreciation & amortization	CN¥29.8M	CN¥36.2M	CN¥45.8M	CN¥51.3M	CN¥56.5M	CN¥69.3M	CN¥81.1M	CN¥93.5M	CN¥313M	CN¥632M
EBITDA	CN¥152M	CN¥158M	CN¥173M	CN¥135M	CN¥120M	CN¥144M	CN¥175M	CN¥156M	CN¥434M	CN¥1.1B

Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in CNY.

Revenue, operating income and growth

quarterly

Margins

quarterly

Costs as % of revenue

quarterly

The other statements

Balance sheetCash, investments, assets, debt, liabilities and equityOpen Cash 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