002398.SHE Lets Holding Group Co Ltd
- Market cap
- CNY 2.59B
- P/E
- 94.0x
- P/B
- 0.66x
- ROE
- 2.5%
- Dividend yield
- 2.46%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002398.SHE undervalued?
Graham number002398.SHE trades 66.3% above its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Lets Holding Group Co Ltd fundamental analysis
No fundamental analysis for Lets Holding Group Co Ltd yet.
Lets Holding Group Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Lets Holding Group Co Ltd
Lets Holdings Group Co., Ltd. engages in the research and development, production, and sale of construction materials in China and internationally. It provides concrete manufacturing and construction services for the nuclear power, ports, bridges, tunnels, highways, high-speed rail, subways, water conservancy, power and other engineering projects. The company also offers technical construction services, such as surveying, designing, testing, evaluation, consulting, and train…
Full company profileLets Holding Group Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Lets Holding Group Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 1.38B | 2.00B | 2.72B | 3.39B | 3.87B | 4.92B | 3.95B | 3.06B | 2.62B | 2.37B | 2.23B |
| Gross Profit | 449M | 516M | 713M | 1.01B | 925M | 896M | 850M | 759M | 579M | 545M | 484M |
| Operating Income | 186M | 228M | 292M | 479M | 426M | 299M | 233M | 170M | 45.8M | 108M | 77.1M |
| EBITDA | 261M | 283M | 348M | 535M | 496M | 380M | 340M | 287M | 159M | 174M | 139M |
| Net Income | 167M | 191M | 249M | 402M | 372M | 272M | 211M | 159M | 49.3M | 54.1M | 95.2M |
| EPS | 0.25 | 0.28 | 0.36 | 0.58 | 0.54 | 0.38 | 0.30 | 0.22 | 0.07 | 0.08 | 0.14 |
| Balance Sheet | |||||||||||
| Total Assets | 2.66B | 3.15B | 3.65B | 4.45B | 5.45B | 6.51B | 6.40B | 6.47B | 5.98B | 5.79B | 5.70B |
| Total Liabilities | 480M | 820M | 1.13B | 1.55B | 2.16B | 3.02B | 2.72B | 2.74B | 2.32B | 2.14B | 1.83B |
| Shareholders' Equity | 2.13B | 2.28B | 2.47B | 2.83B | 3.21B | 3.41B | 3.62B | 3.69B | 3.62B | 3.62B | 3.85B |
| Cash & Short-term Investments | 67.0M | 115M | 235M | 507M | 689M | 689M | 734M | 942M | 907M | 367M | 441M |
| Total Debt | 500K | 317M | 2.20M | 13.0M | 2.96M | 265M | 436M | 456M | 527M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 288M | 74.7M | 77.9M | 308M | 322M | 322M | 420M | 437M | 334M | 339M | - |
| Capital Expenditure | 20.8M | 35.0M | 41.4M | 104M | 153M | 109M | 216M | 212M | 223M | 175M | 47.2M |
| Free Cash Flow | 267M | 39.7M | 36.5M | 205M | 169M | 213M | 204M | 226M | 111M | 164M | 350M |
| Ratios | |||||||||||
| ROE | 7.9% | 8.4% | 10.1% | 14.2% | 11.6% | 8.0% | 5.8% | 4.3% | 1.4% | 1.5% | 2.5% |
| ROA | 6.3% | 6.1% | 6.8% | 9.0% | 6.8% | 4.2% | 3.3% | 2.5% | 0.8% | 0.9% | 1.7% |
| Net Profit Margin | 12.1% | 9.6% | 9.2% | 11.9% | 9.6% | 5.5% | 5.4% | 5.2% | 1.9% | 2.3% | 4.3% |
| Debt to Equity | 0.00x | 0.14x | 0.00x | 0.00x | 0.00x | 0.08x | 0.12x | 0.12x | 0.15x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Lets Holding Group Co Ltd dividends
- Dividend yield
- 2.46%
- Forward dividend
- 0.08 CNY
- Payout ratio
- 117.6%
- Ex-dividend date
- Jun 10, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 63.7M | 0.09 | 117.6% |
| 2024 | CNY 60.2M | 0.09 | 122.2% |
| 2023 | CNY 56.2M | 0.08 | 35.4% |
| 2022 | CNY 56.8M | 0.08 | 26.9% |
| 2021 | CNY 57.3M | 0.08 | 21.1% |
| 2020 | CNY 55.4M | 0.08 | 14.9% |
| 2019 | CNY 48.5M | 0.07 | 12.0% |
| 2018 | CNY 68.8M | 0.10 | 27.6% |
| 2017 | CNY 34.3M | 0.05 | 17.9% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 2.000095:1 on Jun 11, 2018.
Who owns Lets Holding Group Co Ltd
- Insiders 27.25%
- Institutions 6.63%
- Public & others 66.12%
- Shares outstanding 688M
- Free float 519M
Lets Holding Group Co Ltd company profile
- Company name
- Lets Holding Group Co Ltd
- Ticker
- 002398.SHE
- ISIN
- CNE100000NZ5
- Exchange
- Shenzhen Stock Exchange
- Sector
- Basic Materials
- Industry
- Construction Materials
- Employees
- 2,051
- Fiscal year end
- December
- Address
- No. 62 Hubin South Road, Xiamen, China, 361004
- Phone
- 86 59 2298 2398
- Website
- lets.com
About Lets Holding Group Co Ltd
Lets Holdings Group Co., Ltd. engages in the research and development, production, and sale of construction materials in China and internationally. It provides concrete manufacturing and construction services for the nuclear power, ports, bridges, tunnels, highways, high-speed rail, subways, water conservancy, power and other engineering projects. The company also offers technical construction services, such as surveying, designing, testing, evaluation, consulting, and training for the life cycle of engineering feasibility study, construction, and operation and maintenance. In addition, it provides internet-based industry supply chain big data services; and construction of a science and technology innovation system, as well as BIM- based building information and industrialization of intelligent system services comprising Internet of Things, cloud computing, big data, and 5G. Lets Holdings Group Co., Ltd. was formerly known as Xiamen Academy Of Building Research Group Co., Ltd. and changed its name to Lets Holdings Group Co., Ltd. in October 2019. The company was founded in 1980 and is based in Xiamen, China.
Lets Holding Group Co Ltd management
3- Mr. Yongtai CaiChairman & GM · born 1963
- Ms. Jingying LiuAccounting Supervisor & Director · born 1976
- Mr. Xiangyi LinBoard Secretary & Director · born 1976