Financial Statements — LGCL
Balance Sheet
(in millions CNY)| Metric | FY
2025 | FY
2024 | FY
2023 |
|---|
| Cash & Equivalents | 30.31 | 4.16 | 30.12 |
| Short-term Investments | 0.69 | 0.38 | 0.00 |
| Accounts Receivable | 4.39 | 61.06 | 3.96 |
| Total Current Assets | 32.21 | 263.43 | 231.34 |
| Property, Plant & Equipment | 154.13 | 84.47 | 48.30 |
| Total Non-current Assets | 32.69 | 19.16 | 60.49 |
| Total Assets | 64.90 | 403.25 | 41.10 |
| Accounts Payable | 35.53 | 46.80 | 35.22 |
| Short-term Debt | 94.86 | 67.47 | 39.38 |
| Total Current Liabilities | 19.98 | 137.57 | 13.41 |
| Total Non-current Liabilities* | 0.00 | 0.10 | 0.09 |
| Total Liabilities | 19.98 | 137.67 | 13.41 |
| Retained Earnings | 104.34 | 97.12 | 8.60 |
| Total Stockholder Equity | 44.51 | 36.01 | 27.34 |
* Derived from reported values
Income Statement
(in billions CNY) (except per-share rows)| Metric | FY
2025 | FY
2024 | FY
2023 |
|---|
| Total Revenue | 1.04 | 0.15 | 0.21 |
| Cost of Revenue | 0.10 | 0.71 | 1.06 |
| Gross Profit | 0.35 | 0.36 | 0.42 |
| Research & Development | 0.03 | 0.17 | 0.16 |
| Selling, General & Admin | 0.09 | 0.01 | 0.11 |
| Total Operating Expenses | 0.33 | 0.33 | 0.05 |
| Operating Income | 0.00 | 0.03 | 0.01 |
| Interest Expense | 0.00 | 0.00 | 0.00 |
| Pretax Income | 0.00 | 0.03 | 0.01 |
| Tax Provision | 0.00 | -0.00 | -0.00 |
| Net Income | 0.01 | 0.04 | 0.08 |
| Basic EPS | 507.50 | 8.75 | 123.75 |
| Diluted EPS | 507.50 | 8.75 | 17.50 |
Cash Flow Statement
(in millions USD)| Metric | FY
2025 | FY
2024 | FY
2023 |
|---|
| Operating Cash Flow | 5.07 | 20.19 | (5.13) |
| Capital Expenditures | 11.90 | 6.12 | 1.70 |
| Free Cash Flow* | (6.83) | 14.07 | (6.83) |
| Investing Cash Flow | (15.34) | (10.95) | (1.70) |
| Financing Cash Flow | 10.24 | 60.75 | 29.42 |
* Derived from reported values
