Aankondiging • Jun 05
Lucas GC Limited has filed a Follow-on Equity Offering. Lucas GC Limited has filed a Follow-on Equity Offering.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant
Security Name: Ordinary Warrants
Security Type: Equity Warrant Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to US$2.10, the stock trades at a trailing P/E ratio of 62.1x. Average trailing P/E is 20x in the Professional Services industry in the US. Total loss to shareholders of 90% over the past year. Reported Earnings • Apr 21
Full year 2025 earnings released: EPS: CN¥4.06 (vs CN¥20.07 in FY 2024) Full year 2025 results: EPS: CN¥4.06 (down from CN¥20.07 in FY 2024). Revenue: CN¥1.04b (down 2.0% from FY 2024). Net income: CN¥9.78m (down 75% from FY 2024). Profit margin: 0.9% (down from 3.7% in FY 2024). Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$1.75, the stock trades at a trailing P/E ratio of 67.2x. Average trailing P/E is 19x in the Professional Services industry in the US. Total loss to shareholders of 87% over the past year. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$1.89, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 22x in the Professional Services industry in the US. Total loss to shareholders of 91% over the past year. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$2.20, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 25x in the Professional Services industry in the US. Total loss to shareholders of 90% over the past year. Valuation Update With 7 Day Price Move • Nov 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$2.68, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 24x in the Professional Services industry in the US. Total loss to shareholders of 90% over the past year. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to US$2.60, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 25x in the Professional Services industry in the US. Total loss to shareholders of 94% over the past year. New Risk • Nov 02
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.9% Last year net profit margin: 6.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Shareholders have been substantially diluted in the past year (43% increase in shares outstanding). Market cap is less than US$10m (US$7.65m market cap). Minor Risk Profit margins are more than 30% lower than last year (0.9% net profit margin). Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment deteriorates as stock falls 39% After last week's 39% share price decline to US$3.82, the stock trades at a trailing P/E ratio of 76.4x. Average trailing P/E is 25x in the Professional Services industry in the US. Total loss to shareholders of 92% over the past year. New Risk • Jul 27
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$92.6m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). High level of non-cash earnings (25% accrual ratio). Shareholders have been substantially diluted in the past year (40% increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$92.6m market cap). Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to US$1.24, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 24x in the Professional Services industry in the US. Total loss to shareholders of 41% over the past year. New Risk • Jun 26
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 40% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). High level of non-cash earnings (25% accrual ratio). Shareholders have been substantially diluted in the past year (40% increase in shares outstanding). Aankondiging • Jun 25
Lucas GC Limited has completed a Follow-on Equity Offering in the amount of $6.43 million. Lucas GC Limited has completed a Follow-on Equity Offering in the amount of $6.43 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 32,150,000
Price\Range: $0.2
Discount Per Security: $0.008 New Risk • Jun 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). High level of non-cash earnings (25% accrual ratio). Minor Risk Market cap is less than US$100m (US$54.0m market cap). Aankondiging • Apr 22
Lucas GC Limited has filed a Follow-on Equity Offering in the amount of $8 million. Lucas GC Limited has filed a Follow-on Equity Offering in the amount of $8 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 21,621,621
Price\Range: $0.37
Discount Per Security: $0.0148 Reported Earnings • Apr 01
Full year 2024 earnings released: EPS: CN¥0.50 (vs CN¥0.99 in FY 2023) Full year 2024 results: EPS: CN¥0.50 (down from CN¥0.99 in FY 2023). Revenue: CN¥1.06b (down 28% from FY 2023). Net income: CN¥39.8m (down 49% from FY 2023). Profit margin: 3.7% (down from 5.3% in FY 2023). The decrease in margin was driven by lower revenue. Recent Insider Transactions Derivative • Nov 11
Founder notifies of intention to sell stock Howard Lee intends to sell 796k shares in the next 90 days after lodging an Intent To Sell Form on the 8th of November. If the sale is conducted around the recent share price of US$1.15, it would amount to US$915k. As of today, Howard currently holds no shares directly (This sale likely refers to shares that have not yet been received). There have been no trades via on-market transactions or options from company insiders in the last 12 months. Reported Earnings • Sep 29
First half 2024 earnings released: EPS: CN¥0.69 (vs CN¥0.68 in 1H 2023) First half 2024 results: EPS: CN¥0.69 (up from CN¥0.68 in 1H 2023). Revenue: CN¥605.5m (down 26% from 1H 2023). Net income: CN¥53.5m (flat on 1H 2023). Profit margin: 8.8% (up from 6.5% in 1H 2023). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Aug 29
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to US$1.66, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 28x in the Professional Services industry in the US. New Risk • Aug 13
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$89.1m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). High level of non-cash earnings (90% accrual ratio). Minor Risk Market cap is less than US$100m (US$89.1m market cap). New Risk • Aug 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). High level of non-cash earnings (90% accrual ratio). Aankondiging • Aug 08
Lucas GC Limited has withdrawn its Follow-on Equity Offering. Lucas GC Limited has withdrawn its Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,000,000 Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$2.21, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 27x in the Professional Services industry in the US. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$2.46, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 26x in the Professional Services industry in the US. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to US$2.02, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 24x in the Professional Services industry in the US. Valuation Update With 7 Day Price Move • May 29
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$2.76, the stock trades at a trailing P/E ratio of 20.5x. Average trailing P/E is 24x in the Professional Services industry in the US. Valuation Update With 7 Day Price Move • May 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$3.14, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 25x in the Professional Services industry in the US. Aankondiging • May 01
Lucas GC Limited to Report Fiscal Year 2023 Results on Apr 29, 2024 Lucas GC Limited announced that they will report fiscal year 2023 results at 4:00 PM, US Eastern Standard Time on Apr 29, 2024 Reported Earnings • Apr 30
Full year 2023 earnings released: EPS: CN¥0.99 (vs CN¥0.43 in FY 2022) Full year 2023 results: EPS: CN¥0.99 (up from CN¥0.43 in FY 2022). Revenue: CN¥1.47b (up 92% from FY 2022). Net income: CN¥77.7m (up 134% from FY 2022). Profit margin: 5.3% (up from 4.3% in FY 2022). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to US$2.30, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 26x in the Professional Services industry in the US. Board Change • Apr 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Jeremy Wegerer is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$3.38, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 27x in the Professional Services industry in the US.