Sign in

LGCL on Nasdaq

Lucas GC Ltd

Lucas GC Ltd is a computer programming, data processing services company, listed on Nasdaq (LGCL).1 It is headquartered in Beijing, China.1

Price unavailable

Last updated Oct 21, 2026.

Overview

$149.0MRevenue, fiscal 20252
$1.4MNet income, fiscal 20252

Compare with Qutoutiao, Jianpu Technology Inc. or Blend Labs, Inc., or pick any stock.

  • TickerLGCL on Nasdaq1
  • IndustryServices-Computer Programming, Data Processing, Etc.1
  • HeadquartersBeijing, China1
  • Incorporated inCayman Islands3
  • Business addressRoom 5A01, 4Th Floor, Air China Building, Xiaoyun Road, Sanyuanqiao, Chaoyang,, Beijing, F4 1000273
  • Filer categoryNon-accelerated filer, Emerging growth company3
  • Legal formCorporation

See how the biggest companies compare on our leaderboards

2022, we established Lucas Star Global Limited, the wholly owned Hong Kong subsidiary of Lucas Star Holding Limited.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

33.8%Gross margin2
1.9%Operating margin2
0.9%Net margin2
2.3%Revenue growth, 20252
3.1%Return on equity2

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Outsourcing Service brought in 86% of the revenue Lucas GC Ltd broke down this way in fiscal 2025.

  1. Outsourcing Service897.9M CNY286%up 14% from 2024
  2. Recruitment Service111.5M CNY211%down 48% from 2024
  3. Product and Service, Other32.9M CNY23%down 47% from 2024
Products and services by year
Products and services202320242025
Outsourcing Service714.0M CNY785.1M CNY897.9M CNY
Recruitment Service659.0M CNY216.1M CNY111.5M CNY
Product and Service, Other101.0M CNY62.2M CNY32.9M CNY

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue66¢$98.7M
  • Research and development17¢$25.1M
  • Other costs14¢$20.8M
  • Interest2¢$2.7M
  • Income tax0¢$379.0K
  • Profit1¢$1.4M

Out of $149.0M in revenue.2

Where each dollar of operating cash went, fiscal 2025

  • Kept or used elsewhere100¢$5.1M

Out of $5.1M of cash from operations.2

Financial statements

Revenue562$149.0M in 2025−28% since 2023
0$100.0M$200.0M$300.0M2023: $207.6M$207.6M20232024: $145.7M$145.7M2024−30%2025: $149.0M$149.0M2025+2%
Gross profit562$50.3M in 2025−15% since 2023
0$20.0M$40.0M$60.0M2023: $59.0M$59.0M20232024: $49.0M$49.0M2024−17%2025: $50.3M$50.3M2025+3%
Operating income562$2.8M in 2025−71% since 2023
0$2.5M$5.0M$7.5M$10.0M2023: $9.5M$9.5M20232024: $3.8M$3.8M2024−60%2025: $2.8M$2.8M2025−27%
Net income562$1.4M in 2025−87% since 2023
0$5.0M$10.0M$15.0M2023: $10.9M$10.9M20232024: $5.5M$5.5M2024−50%2025: $1.4M$1.4M2025−74%

Every line of the income statement as filed: the last 3 fiscal years, latest first.2

Period ending2025-12-312024-12-312023-12-31
Total revenues1.0B CNY1.1B CNY1.5B CNY
Cost of revenues-690.2M CNY-706.0M CNY-1.1B CNY
Gross profit352.0M CNY357.4M CNY418.6M CNY
Selling and marketing expenses-65.8M CNY-74.5M CNY-84.9M CNY
General and administrative expenses-91.2M CNY-86.3M CNY-108.4M CNY
Research and development expenses-175.4M CNY-168.6M CNY-157.5M CNY
Total operating expenses-332.4M CNY-329.4M CNY-350.8M CNY
Income from operations19.7M CNY28.0M CNY67.7M CNY
Financial expenses, net-1.8M CNY-1.6M CNY-893.0K CNY
Other income, net-5.3M CNY3.5M CNY3.5M CNY
Total other income, net-7.2M CNY1.9M CNY2.6M CNY
Income before income tax benefit12.5M CNY29.9M CNY70.3M CNY
Income tax benefit (expenses)-2.6M CNY10.2M CNY7.9M CNY
Net income9.9M CNY40.1M CNY78.2M CNY
Less: Net income attributable to non-controlling interests-73.0K CNY-296.0K CNY-513.0K CNY
Net income attributable to Lucas GC Limited's ordinary shareholders9.8M CNY39.8M CNY77.7M CNY
Foreign currency translation difference, net of tax of nil-1.5M CNY483.0K CNY1.0K CNY
Total comprehensive income8.4M CNY40.6M CNY78.2M CNY
Less: total comprehensive income attributable to non-controlling interests-73.0K CNY-296.0K CNY-513.0K CNY
Comprehensive income attributable to the Lucas GC Limited8.3M CNY40.3M CNY77.7M CNY
Basic4.06 CNY20.07 CNY39.80 CNY
Diluted4.06 CNY20.07 CNY39.80 CNY
Basic2.4M shares2.0M shares2.0M shares
Diluted2.4M shares2.0M shares2.0M shares

Compare Lucas GC Ltd with another company

Corporate structure

Lucas GC Ltd sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Lucas GC Ltd

  • Howard Ming Wah Lee Filed SCHEDULE 13G/A on Lucas GC Ltd, latest Aug 14, 2026 (3 filings since Oct 11, 2024)
  • 51job.com Filed SC 13G on Lucas GC Ltd, latest Nov 4, 2024
  • Luting Meng Filed SC 13G on Lucas GC Ltd, latest Oct 22, 2024
  • Lucas GC Ltd Beijing, China

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Lucas GC Ltd reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation185.6M CNY2 Dec 31, 2025102.6M CNY2 Dec 31, 2024+80.8%
Accumulated depreciation31.5M CNY2 Dec 31, 202518.2M CNY2 Dec 31, 2024+73.1%
Property and equipment, net154.1M CNY2 Dec 31, 202584.5M CNY2 Dec 31, 2024+82.5%
Operating-lease assets (leased space)$18.0K2 Dec 31, 2025$79.0K6 Dec 31, 2024−77.2%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$4.3M2 Dec 31, 2025$4.2M6 Dec 31, 2024+4.1%
Marketable securities, current$688.0K2 Dec 31, 2025$384.0K6 Dec 31, 2024+79.2%

Leadership

Who has led Lucas GC Ltd, and when. Pick a name to see everywhere that person has worked.

Chief financial officer

  1. Wallace Wang Leong Lee2026–now
Board members and other officers (3)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive Officer, DirectorHoward Lee named Feb 13, 202611
  • DirectorStanley Ho named Feb 13, 202611
  • DirectorWang-chan Wong named Feb 13, 202611

Filings

122 filings to the SEC since October 2021: 3 annual reports, 9 insider forms, 5 large holders, 1 private raises, 104 other. The latest 20:

  1. Oct 7, 20266-K EDGAR
  2. Oct 6, 20266-K EDGAR
  3. Oct 6, 20266-K EDGAR
  4. Sep 18, 20266-K EDGAR
  5. Sep 11, 20264 EDGAR
  6. Aug 28, 20266-K EDGAR
  7. Aug 14, 2026SCHEDULE 13G/A EDGAR
  8. Aug 10, 20266-K EDGAR
  9. Aug 10, 2026424B5 EDGAR
  10. Jul 10, 20266-K EDGAR
  11. Jul 2, 20266-K EDGAR
  12. Jun 22, 2026424B5 EDGAR
  13. Jun 5, 2026424B5 EDGAR
  14. Jun 4, 20266-K EDGAR
  15. Jun 4, 2026424B5 EDGAR
  16. Jun 1, 20264 EDGAR
  17. Apr 20, 202620-F EDGAR
  18. Apr 1, 20263 EDGAR
  19. Mar 30, 20263 EDGAR
  20. Mar 30, 20263 EDGAR

The 122 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

1 open-market trades by officers, directors and large owners since October 2021: 0 buys and 1 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 28, 2026Lee Wallace Wang LeongChief Financial OfficerSale775$1.81$1.4KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

  • Howard Ming Wah LeeSCHEDULE 13G/A, 3 filings Oct 11, 2024 to Aug 14, 202612
  • 51job.comSC 13G, 1 filing Nov 4, 202413
  • Luting MengSC 13G, 1 filing Oct 22, 202414

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$40.0M 2026–2026
Money received by yearMoney received by year, 2026–2026: $40.0M in all. Private raises (Form D) $40.0M.$0$10M$20M$30M$40M2026 · Private raises (Form D): $40.0M2026
Figures by year
YearPrivate raises (Form D)Total
2026$40.0M$40.0M

Private raises

Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.

  1. Feb 9, 2026Raised $40 million in a private offering of equity11 Form D: 11 investors so far Form D

SEC filer profile

How Lucas GC Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARLucas GC Ltd1
  • CIK0001954694
  • Filer statusNon-accelerated filer an emerging growth company; a shell company4
  • Incorporated inCayman Islands4
  • Industry code (SIC)7370 Services-Computer Programming, Data Processing, Etc.1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business addressRoom 5A01, 4Th Floor, Air China Building, Xiaoyun Road, Sanyuanqiao, Chaoyang,, Beijing, F4 1000271
  • Phone(86) 185009765321
  • Shares outstanding2,790,404 shares as of Dec 31, 20254
  • AuditorEnrome LLP, Singapore PCAOB ID 6907; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceNov 21, 20221
  • Filings122 in all: 6-K (29), CORRESP (22), F-1/A (10), 3 (7), UPLOAD (6), DRSLTR (5), 424B5 (4), EFFECT (4)1
    All 28 form types

    20-F (3), DRS (3), DRS/A (3), F-1 (3), SC 13G (3), 4 (2), 424B4 (2), F-3/A (2), FWP (2), SCHEDULE 13G/A (2), 144 (1), 8-A12B (1), 8-A12B/A (1), CERT (1), D (1), F-1MEF (1), F-3 (1), RW (1), S-8 (1), S-8 POS (1)

  • Latest filingsAnnual report (20-F) Apr 20, 2026

Securities registered for trading

ClassSymbolExchange
Class A ordinary shares, par value US$0.0002 per shareLGCLNasdaq

From the cover page of the 20-F filed Apr 20, 2026 (Section 12(b) of the Exchange Act).4

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14