Cash flow Logory Logistics Technology Co., Ltd.

Stocks

2482

CNE100005W08

Software

End-of-day quote Hong Kong S.E. 2026-08-28			5-day change	1st Jan Change
0.3200 ^CNY	+3.23%		+4.92%	-56.76%

08-28	Logory Logistics Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2026	CI
08-03	Logory Logistics Technology Co., Ltd. Provides Group Earnings Guidance for the Six Months Ended June 30, 2026	CI

84203675616fe00300f.clmxJ7XxiUqFRa9HogK0MIu-DQIOGK54ncK9aj2PEE0.MW7UEuG_6z7sC5YQ6UDuV9joOElsfs8My6GEKFa8JCIEL9dJ4KK8KMwr6g

Published financial data: LOGORY LOGISTICS TECHNOLOGY CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (CNY)	2022 (CNY)	2023 (CNY)	2024 (CNY)	2025 (CNY)
Revenues	6.3B	6.2B	5.62B	7.54B	4.53B
Total Revenues	6.3B	6.2B	5.62B	7.54B	4.53B
Cost of Goods Sold, Total	5.9B	5.86B	5.3B	7.14B	4.11B
Gross Profit	400M	342M	313M	398M	425M
Selling General & Admin Expenses, Total	240M	238M	220M	193M	161M
Provision for Bad Debts	-195K	1.03M	-159K	-666K	-890K
R&D Expenses	72.82M	76.23M	79.91M	85.62M	91.39M
Other Operating Expenses	39.22M	44.23M	60.93M	59.51M	76.18M
Other Operating Expenses, Total	352M	360M	361M	337M	327M
Operating Income	47.69M	-17.93M	-47.76M	60.68M	98.1M
Interest Expense, Total	-4.92M	-3.91M	-2.45M	-12.28M	-8M
Interest And Investment Income	5M	6.24M	8.14M	7.51M	3.82M
Net Interest Expenses	76K	2.33M	5.69M	-4.77M	-4.18M
Income (Loss) On Equity Invest.	-778K	-1.46M	-1.38M	-553K	-1.06M
Other Non Operating Income (Expenses)	10.93M	17.08M	11.15M	11.9M	-43.67M
EBT, Excl. Unusual Items	57.92M	12K	-32.3M	67.26M	49.19M
Gain (Loss) On Sale Of Assets	-	-	-	-	9.55M
EBT, Incl. Unusual Items	57.92M	12K	-32.3M	67.26M	58.73M
Income Tax Expense	7.17M	-1.38M	-2.68M	22.77M	16.82M
Earnings From Continuing Operations	50.74M	1.39M	-29.62M	44.49M	41.92M
Net Income to Company	50.74M	1.39M	-29.62M	44.49M	41.92M
Minority Interest	-	-	59K	5.54M	1.56M
Net Income - (IS)	50.74M	1.39M	-29.56M	50.03M	43.48M
Net Income to Common Incl Extra Items	50.74M	1.39M	-29.56M	50.03M	43.48M
Net Income to Common Excl. Extra Items	50.74M	1.39M	-29.56M	50.03M	43.48M
Per Share Items
Net EPS - Basic	0.04	0	-0.02	0.04	0.03
Basic EPS - Continuing Operations	0.04	0	-0.02	0.04	0.03
Basic Weighted Average Shares Outstanding	1.34B	1.35B	1.39B	1.39B	1.39B
Net EPS - Diluted	0.04	0	-0.02	0.04	0.03
Diluted EPS - Continuing Operations	0.04	0	-0.02	0.04	0.03
Diluted Weighted Average Shares Outstanding	1.34B	1.35B	1.39B	1.39B	1.39B
Normalized Basic EPS	0.03	0	-0.01	0.03	0.02
Normalized Diluted EPS	0.03	0	-0.01	0.03	0.02
Supplemental Items
EBITDA	61.75M	-6.33M	-38.7M	66.41M	104M
EBITA	48.32M	-17.93M	-47.76M	60.68M	98.1M
EBIT	47.69M	-17.93M	-47.76M	60.68M	98.1M
EBITDAR	-	-5.2M	-37.72M	67.29M	105M
Effective Tax Rate - (Ratio)	12.39	-11.51K	8.3	33.85	28.63
Current Domestic Taxes	-	3.08M	7.58M	9.59M	25.23M
Total Current Taxes	10.98M	3.08M	7.58M	9.59M	25.23M
Deferred Domestic Taxes	-	-4.46M	-10.26M	13.18M	-8.41M
Total Deferred Taxes	-3.81M	-4.46M	-10.26M	13.18M	-8.41M
Normalized Net Income	36.2M	7.5K	-20.13M	47.58M	32.3M
Interest on Long-Term Debt	160K	133K	69K	941K	386K
Supplemental Operating Expense Items
Advertising Expense	22.57M	-	-	-	-
Selling and Marketing Expenses	154M	136M	125M	88.34M	72.92M
General and Administrative Expenses	86.72M	102M	94.96M	104M	87.76M
Research And Development Expense From Footnotes	72.82M	76.23M	79.91M	85.62M	91.39M
Net Rental Expense, Total	-	1.13M	985K	880K	818K
Imputed Operating Lease Interest Expense	-	724K	259K	374K	156K
Imputed Operating Lease Depreciation	-	406K	726K	506K	662K
Stock-Based Comp., R&D Exp. (Total)	5.18M	-	-	-	-
Stock-Based Comp., S&M Exp. (Total)	7.94M	-	-	-	-
Stock-Based Comp., G&A Exp. (Total)	9.04M	17.66M	26.97M	9.19M	2.26M
Stock-Based Comp., Other (Total)	184K	-	-	-	-
Total Stock-Based Compensation	22.35M	17.66M	26.97M	9.19M	2.26M

Fiscal Period: December	2021 (CNY)	2022 (CNY)	2023 (CNY)	2024 (CNY)	2025 (CNY)
Assets
Cash And Equivalents	729M	521M	518M	547M	372M
Trading Asset Securities, Total	5.01M	50M	20M	289M	280M
Total Cash And Short Term Investments	734M	571M	538M	836M	652M
Accounts Receivable, Total	183M	130M	149M	187M	42.83M
Other Receivables	1.59B	1.31B	1.57B	1.53B	1.04B
Total Receivables	1.77B	1.44B	1.72B	1.72B	1.08B
Inventory	3.14M	2.41M	3.84M	365K	440K
Prepaid Expenses	1.17M	5.56M	12.89M	5.93M	9.3M
Other Current Assets, Total	48.59M	49.37M	44.63M	50.17M	49.42M
Total Current Assets	2.56B	2.07B	2.32B	2.61B	1.8B
Gross Property Plant And Equipment	126M	128M	153M	148M	130M
Accumulated Depreciation	-44.99M	-55.53M	-61.89M	-67.48M	-72.65M
Net Property Plant And Equipment	80.53M	72.67M	91.26M	80.41M	57.17M
Long-term Investments	6.26M	9.4M	4.4M	11.84M	10.22M
Other Intangibles, Total	1.54M	1.72M	1.28M	1.78M	1.74M
Deferred Tax Assets Long-Term	12.85M	17.31M	27.59M	14.42M	22.82M
Deferred Charges Long-Term	-	-	503K	-	-
Other Long-Term Assets, Total	2.81M	2.21M	3.28M	9.23M	6.52M
Total Assets	2.66B	2.17B	2.45B	2.73B	1.89B
Liabilities
Accounts Payable, Total	113M	109M	155M	172M	40.12M
Accrued Expenses, Total	1.75B	1.21B	1.22B	1.29B	564M
Short-term Borrowings	92.19M	500K	120M	291M	354M
Current Portion of Leases	2.84M	816K	5.62M	9.52M	795K
Current Income Taxes Payable	11.65M	8.28M	18.12M	13.79M	8.17M
Unearned Revenue Current, Total	10.26M	12.38M	12.81M	18.62M	7M
Other Current Liabilities	144M	274M	240M	216M	163M
Total Current Liabilities	2.13B	1.62B	1.78B	2.01B	1.14B
Long-Term Leases	717K	626K	21.57M	14.93M	209K
Deferred Tax Liability Non Current	-	-	23K	36K	26K
Total Liabilities	2.13B	1.62B	1.8B	2.02B	1.14B
Common Stock, Total	84.42M	84.42M	87.12M	87.12M	87.12M
Retained Earnings	-147M	-148M	-176M	-125M	-82.01M
Comprehensive Income and Other	598M	618M	741M	750M	753M
Total Common Equity	535M	554M	653M	712M	758M
Minority Interest	-	-	-59K	-5.6M	-2K
Total Equity	535M	554M	653M	706M	758M
Total Liabilities And Equity	2.66B	2.17B	2.45B	2.73B	1.89B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.35B	1.39B	1.39B	1.39B	1.39B
ECS Total Common Shares Outstanding	1.35B	1.35B	1.39B	1.39B	1.39B
Book Value / Share	0.4	0.41	0.47	0.51	0.54
Tangible Book Value	534M	553M	651M	710M	756M
Tangible Book Value Per Share	0.4	0.41	0.47	0.51	0.54
Total Debt	95.75M	1.94M	147M	315M	355M
Net Debt	-638M	-569M	-391M	-521M	-297M
Debt Equivalent Oper. Leases	-	9.04M	7.88M	7.04M	6.54M
Minority Interest, Total (Incl. Fin. Div)	-	-	-59K	-5.6M	-2K
Equity Method Investments, Total	6.26M	9.4M	4.4M	11.84M	10.22M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Finished Goods, Total	3.14M	2.41M	3.84M	-	-
Buildings, Total	67.95M	67.95M	67.65M	67.65M	67.65M
Machinery, Total	28.82M	30.1M	29.81M	30.64M	31.3M
Full Time Employees	-	1.02K	912	868	768
Accumulated Allowance for Doubtful Accounts (Supple)	1.26M	1.41M	573K	813K	185K

Fiscal Period: December	2021 (CNY)	2022 (CNY)	2023 (CNY)	2024 (CNY)	2025 (CNY)
Net Income	50.74M	1.39M	-29.56M	50.03M	43.48M
Depreciation & Amortization - CF	16.49M	14.54M	12.17M	15.5M	11.52M
Amortization of Goodwill and Intangible Assets - (CF)	625K	-	-	-	-
Depreciation & Amortization, Total	17.12M	14.54M	12.17M	15.5M	11.52M
Amortization of Deferred Charges, Total - (CF)	157K	418K	440K	585K	702K
(Gain) Loss From Sale Of Asset	494K	178K	261K	-30K	-9.6M
(Gain) Loss on Sale of Investments - (CF)	10.02M	7.46M	16.06M	23.37M	70.33M
(Income) Loss On Equity Investments - (CF)	778K	1.46M	1.38M	553K	1.06M
Stock-Based Compensation (CF)	22.35M	17.66M	26.97M	9.19M	2.26M
Provision and Write-off of Bad Debts	-	1.03M	-159K	-666K	-890K
Other Operating Activities, Total	5.19M	-11.16M	-6.43M	16.58M	-11.92M
Change In Accounts Receivable	11.27M	52.06M	-18.92M	-37.37M	145M
Change In Inventories	-3.05M	-128K	-1.43M	3.43M	-75K
Change In Accounts Payable	-37.71M	-4.6M	46.57M	16.82M	-129M
Change in Unearned Revenues	-889K	2.12M	439K	-4.05M	-1.76M
Change in Other Net Operating Assets	53.94M	-139M	-293M	59.71M	-357M
Cash from Operations	130M	-56.41M	-246M	154M	-237M
Capital Expenditure	-6.28M	-8.45M	-3.37M	-1.72M	-3.65M
Sale of Property, Plant, and Equipment	298K	1.39M	619K	36K	116K
Divestitures	-	-	-	-	-1K
Sale (Purchase) of Intangible assets	-1.29M	-673K	-503K	-584K	-705K
Investment in Marketable and Equity Securities, Total	-631K	-45.81M	30.97M	-275M	14.72M
Cash from Investing	-7.91M	-53.54M	27.71M	-277M	10.48M
Short Term Debt Issued, Total	1.15B	254M	326M	446M	559M
Total Debt Issued	1.15B	254M	326M	446M	559M
Short Term Debt Repaid, Total	-1.12B	-343M	-206M	-280M	-495M
Long-Term Debt Repaid, Total	-3.8M	-2.57M	-2.78M	-5.76M	-4.24M
Total Debt Repaid	-1.12B	-346M	-209M	-286M	-500M
Issuance of Common Stock	165M	-	108M	-	-
Other Financing Activities, Total	-8.76M	-6.08M	-9.98M	-7.82M	-7.85M
Cash from Financing	185M	-98.18M	215M	153M	51.24M
Net Change in Cash	307M	-208M	-2.85M	29.38M	-175M
Supplemental Items
Cash Interest Paid	2.76M	6.08M	2.45M	7.82M	7.85M
Cash Income Tax Paid (Refund)	3.19M	10.75M	5.15M	6.69M	33.35M
Levered Free Cash Flow	102M	-79.23M	-247M	119M	-228M
Unlevered Free Cash Flow	105M	-76.79M	-245M	127M	-223M
Change In Net Working Capital	-43.06M	89.08M	251M	-66.28M	295M
Net Debt Issued / Repaid	28.45M	-92.1M	117M	160M	59.09M

Fiscal Period: December	2021 (CNY)	2022 (CNY)	2023 (CNY)	2024 (CNY)	2025 (CNY)
Profitability
Return on Assets	1.2	-0.46	-1.29	1.46	2.65
Return on Total Capital	5.99	-1.89	-4.4	4.16	5.75
Return On Equity %	12.1	0.26	-4.91	6.55	5.73
Return on Common Equity	12.1	0.26	-4.9	7.33	5.92
Margin Analysis
Gross Profit Margin %	6.35	5.51	5.58	5.28	9.39
SG&A Margin	3.82	3.84	3.92	2.56	3.55
EBITDA Margin %	0.98	-0.1	-0.69	0.88	2.29
EBITA Margin %	0.77	-0.29	-0.85	0.8	2.17
EBIT Margin %	0.76	-0.29	-0.85	0.8	2.17
Income From Continuing Operations Margin %	0.81	0.02	-0.53	0.59	0.93
Net Income Margin %	0.81	0.02	-0.53	0.66	0.96
Net Avail. For Common Margin %	0.81	0.02	-0.53	0.66	0.96
Normalized Net Income Margin	0.57	0	-0.36	0.63	0.71
Levered Free Cash Flow Margin	1.62	-1.28	-4.4	1.58	-5.04
Unlevered Free Cash Flow Margin	1.67	-1.24	-4.37	1.69	-4.93
Asset Turnover
Asset Turnover	2.53	2.57	2.43	2.91	1.96
Fixed Assets Turnover	74.47	81	68.52	87.86	65.86
Receivables Turnover (Average Receivables)	33.33	39.56	40.16	44.78	39.35
Inventory Turnover (Average Inventory)	3.19K	2.11K	1.7K	3.4K	10.2K
Short Term Liquidity
Current Ratio	1.2	1.28	1.31	1.3	1.58
Quick Ratio	1.18	1.24	1.27	1.27	1.53
Operating Cash Flow to Current Liabilities	0.06	-0.03	-0.14	0.08	-0.21
Days Sales Outstanding (Average Receivables)	10.95	9.23	9.09	8.17	9.28
Days Outstanding Inventory (Average Inventory)	0.11	0.17	0.21	0.11	0.04
Average Days Payable Outstanding	8.18	6.91	9.08	8.39	9.43
Cash Conversion Cycle (Average Days)	2.89	2.49	0.22	-0.11	-0.12
Long Term Solvency
Total Debt/Equity	17.88	0.35	22.55	44.61	46.87
Total Debt / Total Capital	15.17	0.35	18.4	30.85	31.91
LT Debt/Equity	0.13	0.11	3.31	2.11	0.03
Long-Term Debt / Total Capital	0.11	0.11	2.7	1.46	0.02
Total Liabilities / Total Assets	79.89	74.48	73.37	74.11	60.01
EBIT / Interest Expense	9.68	-4.58	-19.49	4.94	12.26
EBITDA / Interest Expense	13.16	-0.87	-14.52	6.2	13.7
(EBITDA - Capex) / Interest Expense	11.88	-3.03	-15.9	6.06	13.24
Total Debt / EBITDA	1.48	-0.57	-4.14	4.14	3.24
Net Debt / EBITDA	-9.85	167.68	10.98	-6.84	-2.71
Total Debt / (EBITDA - Capex)	1.64	-0.16	-3.78	4.23	3.35
Net Debt / (EBITDA - Capex)	-10.9	48.03	10.03	-7	-2.8
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	35	-1.47	-9.48	34.29	-39.93
Gross Profit, 1 Yr. Growth %	32.86	-14.53	-8.34	27.03	6.91
EBITDA, 1 Yr. Growth %	38.48	-110.25	511.41	-271.59	56.22
EBITA, 1 Yr. Growth %	50.07	-137.11	166.33	-227.05	61.67
EBIT, 1 Yr. Growth %	53.61	-137.6	166.33	-227.05	61.67
Earnings From Cont. Operations, 1 Yr. Growth %	94.65	-97.25	-2.23K	-250.19	-5.79
Net Income, 1 Yr. Growth %	94.65	-97.25	-2.22K	-269.24	-13.1
Normalized Net Income, 1 Yr. Growth %	65.26	-99.98	-269K	-336.36	-32.11
Diluted EPS Before Extra, 1 Yr. Growth %	82.8	-97.27	-2.17K	-268.28	-13.1
Accounts Receivable, 1 Yr. Growth %	-5.7	-28.95	14.64	25.46	-77.15
Inventory, 1 Yr. Growth %	466.49	-23.25	59.1	-90.49	20.55
Net Property, Plant and Equip., 1 Yr. Growth %	-9.1	-9.77	25.59	-11.89	-28.9
Total Assets, 1 Yr. Growth %	15.45	-18.4	12.78	11.3	-30.55
Tangible Book Value, 1 Yr. Growth %	76.75	3.54	17.84	9.02	6.45
Common Equity, 1 Yr. Growth %	76.56	3.56	17.7	9.07	6.42
Cash From Operations, 1 Yr. Growth %	136.21	-143.26	335.39	-162.56	-254.02
Capital Expenditures, 1 Yr. Growth %	-33.48	34.46	-60.1	-48.96	111.97
Levered Free Cash Flow, 1 Yr. Growth %	166.67	-177.81	211.62	-148.4	-290.96
Unlevered Free Cash Flow, 1 Yr. Growth %	147.59	-173.19	219.55	-151.83	-275.51
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	32.99	15.33	-5.56	10.25	-10.18
Gross Profit, 2 Yr. CAGR %	37.39	6.56	-11.49	7.91	16.54
EBITDA, 2 Yr. CAGR %	109.43	-62.32	-20.83	223.9	63.72
EBITA, 2 Yr. CAGR %	195.35	-25.37	-0.58	83.95	43.32
EBIT, 2 Yr. CAGR %	229.64	-24	0.07	83.95	43.32
Earnings From Cont. Operations, 2 Yr. CAGR %	292.25	-76.88	-23.6	465.14	18.95
Net Income, 2 Yr. CAGR %	279.9	-76.88	-23.67	499.32	21.27
Normalized Net Income, 2 Yr. CAGR %	303.47	-98.15	-25.43	7.87K	26.67
Diluted EPS Before Extra, 2 Yr. CAGR %	259.84	-77.66	-24.84	490.05	20.92
Accounts Receivable, 2 Yr. CAGR %	16.57	-18.14	-9.75	19.93	-46.46
Inventory, 2 Yr. CAGR %	114.08	108.51	10.5	-61.11	-66.15
Net Property, Plant and Equip., 2 Yr. CAGR %	-7.3	-9.43	6.46	5.2	-20.85
Total Assets, 2 Yr. CAGR %	20.94	-2.94	-4.07	12.04	-12.08
Tangible Book Value, 2 Yr. CAGR %	69.67	35.28	10.46	13.34	7.72
Common Equity, 2 Yr. CAGR %	68.97	35.22	10.41	13.31	7.74
Cash From Operations, 2 Yr. CAGR %	46.27	1.08	37.23	65.05	-1.84
Capital Expenditures, 2 Yr. CAGR %	-38.15	-5.42	-26.75	-54.87	4.01
Levered Free Cash Flow, 2 Yr. CAGR %	-	44.04	55.71	22.81	-3.86
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	34.62	52.93	28.69	-4.63
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	20.34	6.38	6.2	-9.95
Gross Profit, 3 Yr. CAGR %	-	17.29	1.34	-0.16	7.57
EBITDA, 3 Yr. CAGR %	-	-23.39	-4.61	2.45	154.01
EBITA, 3 Yr. CAGR %	-	47.93	14.04	7.89	76.2
EBIT, 3 Yr. CAGR %	-	59.87	15.44	8.36	76.2
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-24.97	4.35	-4.29	211.03
Net Income, 3 Yr. CAGR %	-	-26.55	4.28	-0.47	214.85
Normalized Net Income, 3 Yr. CAGR %	-	-85	-2.77	9.54	1.53K
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-29.29	1.08	-1.67	211.6
Accounts Receivable, 3 Yr. CAGR %	-	-1.17	-8.42	0.73	-30.99
Inventory, 3 Yr. CAGR %	-	52.08	90.54	-51.22	-43.29
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-8.13	1	-0.05	-7.68
Total Assets, 3 Yr. CAGR %	-	6.07	2.04	0.8	-4.47
Tangible Book Value, 3 Yr. CAGR %	-	43.92	29.2	9.97	10.99
Common Equity, 3 Yr. CAGR %	-	43.53	29.11	9.96	10.96
Cash From Operations, 3 Yr. CAGR %	-	-2.55	64.47	5.62	61.29
Capital Expenditures, 3 Yr. CAGR %	-	-19.87	-29.07	-35.06	-24.42
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	86.3	5.48	42.28
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	79.58	6.62	42.71
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	16.2	-0.58
Gross Profit, 5 Yr. CAGR %	-	-	-	13.44	7.17
EBITDA, 5 Yr. CAGR %	-	-	-	36.37	18.4
EBITA, 5 Yr. CAGR %	-	-	-	61.41	24.96
EBIT, 5 Yr. CAGR %	-	-	-	69.1	25.87
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	68.27	9.96
Net Income, 5 Yr. CAGR %	-	-	-	70.08	10.77
Normalized Net Income, 5 Yr. CAGR %	-	-	-	84.53	8.08
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	65.21	8.59
Accounts Receivable, 5 Yr. CAGR %	-	-	-	6.79	-26.11
Inventory, 5 Yr. CAGR %	-	-	-	-11.86	-4.54
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-3.02	-8.39
Total Assets, 5 Yr. CAGR %	-	-	-	8.42	-3.86
Tangible Book Value, 5 Yr. CAGR %	-	-	-	30.8	20.14
Common Equity, 5 Yr. CAGR %	-	-	-	30.58	20.1
Cash From Operations, 5 Yr. CAGR %	-	-	-	20.31	33.79
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-36.31	-17.33
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	42.98
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	39.42