LITBNYSERetail-Catalog & Mail-Order Houses
LightInTheBox Holding Co., Ltd.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 2, 2026
$2.88+0.08 (+2.86%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 72.0
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
65.0%+20.8 pts over 5 years
Operating margin
3.6%+2.6 pts over 5 years
Net margin
3.7%+0.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -12.1% | -23.6% | -10.8% | -3.6% | |
| Gross profit | -5.0% | -19.1% | -3.7% | +2.3% | |
| Operating income | – | – | +15.6% | – | |
| Net income | – | – | -9.1% | – | |
| EPS, diluted | – | – | -7.8% | – | |
| Free cash flow | – | -43.9% | -25.6% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -27.4% | – | – | |
| Return on assets | -10.0% | 9.8% | 11.7% | |
| Current ratio | 2.17 | 0.88 | 0.46 | |
| Interest coverage | – | 41.9× | 468.6× | |
| Inventory turnover | 17.3× | 25.7× | 18.3× | |
| Capex to revenue | 0.1% | 0.6% | 0.0% | |
| Diluted shares | 127M | 226M | 220M |
Where the cash went
Fiscal 2021 to 2025, five years combined
LightInTheBox Holding generated $112.69M from operations and spent $8.06M on capital expenditure, dividends and share buybacks. 47% of that went back into the business.
Generated
$112.69M
Used
$8.06M
Capital expenditure$3.80M47%Dividends$00%Share buybacks$4.26M53%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-3.0%
×Asset turnover2.82×
×Equity multiplier1.87×
=Return on equity, FY2017-15.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2017 | -3.0% | 2.82× | 1.87× | -15.7% |
| FY2016 | -3.0% | 3.37× | 2.73× | -27.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$8.28M
- Cash generatingOperating cash flow above zero$6.21M
- Return on assets improvedROA up on the prior year-2.0% → 11.9%
- Earnings backed by cashOperating cash flow above net income$6.21M vs $8.28M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose0.35 → 0.46
- No dilutionShare count did not rise221M → 220M
- Gross margin improvedGross margin up on the prior year60.13% → 65.03%
- More efficientAsset turnover rose2.02 → 3.23