4 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings, in CNY as reported — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | CN¥1.1B | -CN¥173M | 3.3% | -15.6% | -356.5% | -44.5% | -CN¥42M | — | CN¥23M |
| 2024 | CN¥823M | CN¥6M | 4.2% | 0.4% | 8.5% | 1.8% | CN¥4M | CN¥32M | CN¥4M |
| 2023 | CN¥569M | -CN¥6M | 5.5% | -1.1% | -10.8% | -2.2% | -CN¥17M | — | CN¥11M |
| 2022 | CN¥163M | -CN¥14M | 12.2% | -13.5% | — | — | CN¥1M | — | — |
How the market has priced LZMH against its own fundamentals since 2025-02 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 3 years, LZ Technology Holdings Ltd's revenue has grown 90.6% per year. These are computed facts, not advice.
As of FY2025, LZ Technology Holdings Ltd reported — of total debt against CN¥23M of cash; operating income covered interest expense -160.0×.
In FY2025, gross margin was 3.3%, operating margin -15.6%, and net margin -15.4%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — its annual and interim reports, in CNY as reported (valuation multiples convert at the Federal Reserve H.10 rate of each date, via FRED) (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (annual and interim filings, reported in CNY) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · FX: Federal Reserve H.10 via FRED (DEXCHUS; 1 CNY = 0.1503 USD on 2026-10-30), the rate of each date for the valuation history · This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis. · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.