LGCLNasdaqServices-Computer Programming, Data Processing, Etc.
Lucas GC Ltd
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 20, 2026
$1.66+0.02 (+1.22%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2021 to 2025
Gross margin
33.8%
Operating margin
1.9%
Net margin
0.9%
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -2.0% | +10.8% | – | – | |
| Gross profit | -1.5% | +17.8% | – | – | |
| Operating income | -29.7% | -14.6% | – | – | |
| Net income | -75.4% | -35.3% | – | – | |
| EPS, diluted | -79.8% | -38.2% | – | – |
Returns and balance sheet
5 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2021 | FY2021 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 3.4% | |
| Return on assets | – | – | 2.3% | |
| Current ratio | – | – | 1.61 | |
| Interest coverage | – | – | 7.3× | |
| Capex to revenue | 3.7% | 3.7% | 8.0% | |
| Diluted shares | 2M | 2M | 2M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Lucas GC generated CN¥167.80M from operations and spent CN¥178.71M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
CN¥167.80M
Used
CN¥178.71M
Capital expenditureCN¥177.86M100%DividendsCN¥00%Share buybacksCN¥856.00K0%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin0.9%
×Asset turnover2.43×
×Equity multiplier1.49×
=Return on equity, FY20253.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 0.9% | 2.43× | 1.49× | 3.4% |
| FY2024 | 3.7% | 3.06× | 1.52× | 17.4% |
| FY2023 | 5.3% | 5.53× | 1.72× | 50.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zeroCN¥9.78M
- Cash generatingOperating cash flow above zeroCN¥35.46M
- Return on assets improvedROA up on the prior year13.6% → 2.4%
- Earnings backed by cashOperating cash flow above net incomeCN¥35.46M vs CN¥9.78M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.91 → 1.61
- No dilutionShare count did not rise2M → 2M
- Gross margin improvedGross margin up on the prior year33.61% → 33.78%
- More efficientAsset turnover rose3.64 → 2.58