Balance Sheet Leju Holdings Limited

Equities

LEJUY

US50187J2078

Real Estate Services

Market Closed - OTC Markets Other stock markets 02:12:51 2025-07-14 pm EDT			5-day change	1st Jan Change
0.001100 ^USD	+450.00%		+450.00%	-97.26%

2024	Leju Holdings Limited's Equity Buyback announced on November 15, 2023, has expired.	CI
2024	Tranche Update on Leju Holdings Limited (OTCPK:LEJU.Y)'s Equity Buyback Plan announced on November 15, 2023.	CI

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Published financial data: LEJU HOLDINGS LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	693M	720M	534M	343M	317M
Total Revenues	693M	720M	534M	343M	317M
Cost of Goods Sold, Total	68.3M	73.76M	55.8M	30.6M	23.09M
Gross Profit	624M	646M	478M	313M	294M
Selling General & Admin Expenses, Total	607M	622M	646M	419M	350M
Other Operating Expenses	-598K	-381K	-560K	-298K	2.94M
Other Operating Expenses, Total	607M	622M	645M	418M	353M
Operating Income	17.74M	24.12M	-167M	-106M	-58.74M
Interest Expense, Total	-	-	-	-51.97K	-1.53K
Interest And Investment Income	152K	7.27M	3.13M	2.39M	1.26M
Net Interest Expenses	152K	7.27M	3.13M	2.33M	1.26M
Income (Loss) On Equity Invest.	-9.07K	-23.86K	-13.87K	-17.09K	-
Currency Exchange Gains (Loss)	412K	-816K	-432K	1.22M	-74.19K
Other Non Operating Income (Expenses)	252K	251K	253K	246K	-
EBT, Excl. Unusual Items	18.55M	30.8M	-164M	-102M	-57.55M
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	952K	850K	405K	31.89K	-
Gain (Loss) On Sale Of Assets	363K	14.14K	-17.43K	742	-
EBT, Incl. Unusual Items	19.86M	31.66M	-163M	-102M	-57.55M
Income Tax Expense	8.99M	10.67M	-13.5M	-12.12M	-1.78M
Earnings From Continuing Operations	10.87M	21M	-150M	-89.69M	-55.77M
Net Income to Company	10.87M	21M	-150M	-89.69M	-55.77M
Minority Interest	650K	-1.7M	-1.01M	22.48K	-162K
Net Income - (IS)	11.52M	19.3M	-151M	-89.67M	-55.93M
Net Income to Common Incl Extra Items	11.52M	19.3M	-151M	-89.67M	-55.93M
Net Income to Common Excl. Extra Items	11.52M	19.3M	-151M	-89.67M	-55.93M
Per Share Items
Net EPS - Basic	0.85	1.42	-11.05	-6.54	-4.07
Basic EPS - Continuing Operations	0.85	1.42	-11.05	-6.54	-4.07
Basic Weighted Average Shares Outstanding	13.58M	13.61M	13.67M	13.7M	13.75M
Net EPS - Diluted	0.8	1.4	-11.05	-6.54	-4.07
Diluted EPS - Continuing Operations	0.8	1.4	-11.05	-6.54	-4.07
Diluted Weighted Average Shares Outstanding	13.58M	13.76M	13.67M	13.7M	13.75M
Normalized Basic EPS	0.9	1.29	-7.57	-4.64	-2.63
Normalized Diluted EPS	0.9	1.28	-7.57	-4.64	-2.63
Dividend Per Share	-	-	-	-	-
Payout Ratio	-	-	-	-	-
American Depositary Receipts Ratio (ADR)	10	10	10	10	10
Supplemental Items
EBITDA	32.9M	38.46M	-153M	-93.04M	-46.71M
EBITA	30.61M	35.76M	-156M	-94.79M	-48.08M
EBIT	17.74M	24.12M	-167M	-106M	-58.74M
EBITDAR	48.24M	46.78M	-145M	-86.06M	-42.24M
Total Revenues (As Reported)	693M	720M	534M	343M	317M
Effective Tax Rate - (Ratio)	45.26	33.68	8.26	11.9	3.1
Total Current Taxes	-153K	2.73M	-1.41M	-32.3M	-24.34M
Deferred Domestic Taxes	9.14M	7.93M	-12.09M	20.17M	22.56M
Total Deferred Taxes	9.14M	7.93M	-12.09M	20.17M	22.56M
Normalized Net Income	12.24M	17.55M	-103M	-63.63M	-36.13M
Supplemental Operating Expense Items
Marketing Expenses	487M	523M	443M	237M	51.55M
Selling and Marketing Expenses	487M	523M	443M	237M	51.55M
Net Rental Expense, Total	15.34M	8.32M	8.63M	6.98M	4.47M
Imputed Operating Lease Interest Expense	-	-	-	123K	3.4K
Imputed Operating Lease Depreciation	-	-	-	6.86M	4.46M
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	3.6M	2.98M	1.66M	1.82M	1.77M
Total Stock-Based Compensation	3.6M	2.98M	1.66M	1.82M	1.77M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	159M	284M	250M	123M	48.2M
Short Term Investments	3.44M	4.3M	1.19M	-	-
Total Cash And Short Term Investments	162M	289M	251M	123M	48.2M
Accounts Receivable, Total	157M	214M	41.4M	5.88M	20.6M
Other Receivables	1.38M	-	-	-	-
Total Receivables	158M	214M	41.4M	5.88M	20.6M
Prepaid Expenses	5.44M	7.48M	25.11M	6.11M	4.41M
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	-	1.22M	2.08M	4.27M	6.15M
Other Current Assets, Total	57.17M	11.55M	784K	3.86M	60.08K
Total Current Assets	383M	523M	321M	144M	79.42M
Gross Property Plant And Equipment	54.29M	53.85M	53M	44.89M	28.9M
Accumulated Depreciation	-9.41M	-11.19M	-12.93M	-11.74M	-9.03M
Net Property Plant And Equipment	44.88M	42.67M	40.08M	33.15M	19.88M
Long-term Investments	52.99K	31.33K	17.94K	-	-
Goodwill	-	-	-	-	-
Other Intangibles, Total	45.58M	34.21M	23.3M	12.46M	1.79M
Deferred Tax Assets Long-Term	49.31M	40.9M	51.61M	25.46M	-
Other Long-Term Assets, Total	1.45M	1.44M	1.38M	1.54M	1.1M
Total Assets	524M	642M	437M	216M	102M
Liabilities
Accounts Payable, Total	1.52M	2.83M	1.63M	654K	36.21K
Accrued Expenses, Total	107M	128M	90.47M	57.09M	42.79M
Short-term Borrowings	-	-	784K	718K	-
Current Portion of Leases	5.19M	5.46M	5.58M	5.04M	3.03M
Current Income Taxes Payable	56.69M	63.04M	60.95M	25.2M	-
Other Current Liabilities	67.03M	118M	101M	55.49M	48.83M
Total Current Liabilities	238M	317M	261M	144M	94.68M
Long-Term Leases	22.87M	21.73M	19.44M	15.44M	7.98M
Deferred Tax Liability Non Current	11.74M	8.56M	6.04M	3.52M	825K
Total Liabilities	272M	347M	286M	163M	103M
Common Stock, Total	136K	136K	137K	137K	138K
Additional Paid In Capital	796M	800M	801M	803M	805M
Retained Earnings	-517M	-498M	-649M	-739M	-795M
Treasury Stock	-	-	-	-	-60.93K
Comprehensive Income and Other	-23.62M	-5.75M	-1.42M	-11.6M	-11.82M
Total Common Equity	255M	296M	151M	53.23M	-1.17M
Minority Interest	-3.04M	-1.14M	-196K	-274K	-122K
Total Equity	252M	295M	151M	52.96M	-1.3M
Total Liabilities And Equity	524M	642M	437M	216M	102M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	13.6M	13.63M	13.68M	13.68M	13.78M
ECS Total Common Shares Outstanding	13.58M	13.63M	13.68M	-	13.78M
Book Value / Share	18.81	21.71	11.05	3.89	-0.09
Tangible Book Value	210M	262M	128M	40.78M	-2.96M
Tangible Book Value Per Share	15.45	19.2	9.35	2.98	-0.22
Total Debt	28.06M	27.19M	25.8M	21.2M	11.01M
Net Debt	-134M	-262M	-226M	-102M	-37.2M
Debt Equivalent Oper. Leases	123M	66.59M	69.07M	55.84M	35.74M
Minority Interest, Total (Incl. Fin. Div)	-3.04M	-1.14M	-196K	-274K	-122K
Equity Method Investments, Total	52.99K	31.33K	17.94K	-	-
Account Code - Inventory Valuation	3	3	3	-	3
Buildings, Total	10.63M	11.04M	12.09M	11.74M	8.78M
Machinery, Total	12.07M	12.14M	12.24M	9.97M	7.27M
Full Time Employees	2.31K	2.25K	2.43K	-	871
Accumulated Allowance for Doubtful Accounts (Supple)	16.11M	12.57M	115M	112M	117M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	11.52M	19.3M	-151M	-89.67M	-55.93M
Depreciation & Amortization - CF	2.29M	2.7M	2.37M	1.74M	1.36M
Amortization of Goodwill and Intangible Assets - (CF)	12.87M	11.64M	10.99M	10.84M	10.67M
Depreciation & Amortization, Total	15.16M	14.34M	13.37M	12.58M	12.03M
(Gain) Loss From Sale Of Asset	-	-	-	29.84K	1.31M
(Gain) Loss on Sale of Investments - (CF)	-952K	-850K	1.72M	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	9.07K	23.86K	13.87K	17.09K	-
Stock-Based Compensation (CF)	3.6M	2.98M	1.66M	1.82M	1.77M
Provision and Write-off of Bad Debts	5.53M	4.88M	111M	13.74M	8.32M
Other Operating Activities, Total	8.2M	6.86M	5.95M	4.55M	3.1M
Change In Accounts Receivable	-50.81M	-66.2M	62.38M	25.82M	5.29M
Change In Accounts Payable	719K	1.29M	-1.23M	-909K	-599K
Change In Income Taxes	-1.34M	6.23M	-2.13M	-33.25M	-24.43M
Change In Deferred Taxes	9.14M	7.93M	-12.09M	20.17M	22.56M
Change in Other Net Operating Assets	18.92M	112M	-69.86M	-62.89M	-47.06M
Cash from Operations	19.7M	108M	-39.89M	-108M	-73.65M
Capital Expenditure	-7.97M	-1.55M	-1.12M	-140K	-46.28K
Sale of Property, Plant, and Equipment	2.41M	1.65M	797K	146K	2.63M
Cash Acquisitions	-	-	-	-	-
Divestitures	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Cash from Investing	-5.56M	102K	-318K	6.35K	2.58M
Short Term Debt Issued, Total	-	-	775K	747K	-
Total Debt Issued	-	-	775K	747K	-
Short Term Debt Repaid, Total	-	-	-	-799K	-719K
Total Debt Repaid	-	-	-	-799K	-719K
Issuance of Common Stock	69.21K	561K	258K	-	40K
Repurchase of Common Stock	-	-	-	-	-60.93K
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-28.67K	-21.19K	-	-	-
Cash from Financing	40.54K	540K	1.03M	-51.97K	-740K
Foreign Exchange Rate Adjustments	-2.43M	17.56M	5.86M	-16.73M	-1.49M
Net Change in Cash	11.75M	127M	-33.31M	-125M	-73.3M
Supplemental Items
Cash Interest Paid	-	-	9.15K	51.97K	1.53K
Cash Income Tax Paid (Refund)	387K	-52.96K	1.36M	141K	454K
Levered Free Cash Flow	3.89M	96.78M	17.15M	-118M	-80.84M
Unlevered Free Cash Flow	3.89M	96.78M	17.15M	-118M	-80.84M
Change In Net Working Capital	17.99M	-65.94M	-107M	66.65M	57.88M
Net Debt Issued / Repaid	-	-	775K	-51.97K	-719K

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	2.36	2.58	-19.31	-20.21	-23.07
Return on Total Capital	4.25	5	-41.78	-52.6	-87.55
Return On Equity %	4.4	7.68	-67.25	-87.92	-215.9
Return on Common Equity	4.61	7	-67.5	-87.7	-214.88
Margin Analysis
Gross Profit Margin %	90.14	89.75	89.55	91.08	92.71
SG&A Margin	87.66	86.45	120.88	121.95	110.32
EBITDA Margin %	4.75	5.34	-28.72	-27.11	-14.74
EBITA Margin %	4.42	4.97	-29.16	-27.62	-15.17
EBIT Margin %	2.56	3.35	-31.22	-30.78	-18.54
Income From Continuing Operations Margin %	1.57	2.92	-28.07	-26.14	-17.6
Net Income Margin %	1.66	2.68	-28.26	-26.13	-17.65
Net Avail. For Common Margin %	1.66	2.68	-28.26	-26.13	-17.65
Normalized Net Income Margin	1.77	2.44	-19.36	-18.54	-11.4
Levered Free Cash Flow Margin	0.56	13.45	3.21	-34.51	-25.51
Unlevered Free Cash Flow Margin	0.56	13.45	3.21	-34.5	-25.51
Asset Turnover
Asset Turnover	1.47	1.23	0.99	1.05	1.99
Fixed Assets Turnover	23.5	16.44	12.91	9.37	11.95
Receivables Turnover (Average Receivables)	5.16	3.87	4.19	14.52	23.93
Short Term Liquidity
Current Ratio	1.61	1.65	1.23	1	0.84
Quick Ratio	1.35	1.59	1.12	0.9	0.73
Operating Cash Flow to Current Liabilities	0.08	0.34	-0.15	-0.75	-0.78
Days Sales Outstanding (Average Receivables)	70.69	94.56	87.15	25.14	15.25
Average Days Payable Outstanding	6.22	10.81	14.6	13.63	5.45
Long Term Solvency
Total Debt/Equity	11.12	9.22	17.08	40.02	-849.31
Total Debt / Total Capital	10	8.44	14.59	28.58	113.35
LT Debt/Equity	9.06	7.37	12.87	29.15	-615.74
Long-Term Debt / Total Capital	8.15	6.75	10.99	20.82	82.17
Total Liabilities / Total Assets	51.88	54.08	65.45	75.49	101.27
EBIT / Interest Expense	-	-	-	-2.03K	-38.29K
EBITDA / Interest Expense	-	-	-	-1.66K	-27.54K
(EBITDA - Capex) / Interest Expense	-	-	-	-1.66K	-27.57K
Total Debt / EBITDA	0.58	0.58	-0.18	-0.25	-0.26
Net Debt / EBITDA	-2.79	-5.59	1.56	1.19	0.88
Total Debt / (EBITDA - Capex)	0.7	0.6	-0.18	-0.25	-0.26
Net Debt / (EBITDA - Capex)	-3.34	-5.78	1.55	1.19	0.88
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	49.9	3.89	-25.77	-35.75	-7.67
Gross Profit, 1 Yr. Growth %	60.44	3.44	-25.93	-34.65	-6.02
EBITDA, 1 Yr. Growth %	595.28	16.9	-498.83	-39.34	-49.8
EBITA, 1 Yr. Growth %	1.25K	16.81	-535.6	-39.14	-49.28
EBIT, 1 Yr. Growth %	-261.66	35.95	-791.37	-36.66	-44.39
Earnings From Cont. Operations, 1 Yr. Growth %	-184.6	93.14	-813.98	-40.18	-37.82
Net Income, 1 Yr. Growth %	-185.47	67.53	-881.95	-40.59	-37.62
Normalized Net Income, 1 Yr. Growth %	-234.29	43.39	-689.01	-38.46	-43.21
Diluted EPS Before Extra, 1 Yr. Growth %	-180	75	-888.93	-40.79	-37.8
Accounts Receivable, 1 Yr. Growth %	40.55	35.11	-80.62	-85.79	250.08
Net Property, Plant and Equip., 1 Yr. Growth %	219.27	-4.94	-6.07	-17.29	-40.04
Total Assets, 1 Yr. Growth %	25.86	22.4	-31.89	-50.57	-52.71
Tangible Book Value, 1 Yr. Growth %	12.39	24.73	-51.11	-68.13	-107.27
Common Equity, 1 Yr. Growth %	4.63	15.87	-48.89	-64.8	-102.2
Cash From Operations, 1 Yr. Growth %	1.06K	450.85	-136.77	170.69	-31.79
Capital Expenditures, 1 Yr. Growth %	741.52	-80.51	-28.18	-87.47	-66.89
Levered Free Cash Flow, 1 Yr. Growth %	-53.82	2.39K	-82.28	-790.96	-31.74
Unlevered Free Cash Flow, 1 Yr. Growth %	-53.82	2.39K	-82.28	-790.54	-31.73
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	38.22	24.79	-12.18	-30.94	-22.98
Gross Profit, 2 Yr. CAGR %	47.11	28.82	-12.47	-30.43	-21.63
EBITDA, 2 Yr. CAGR %	-48.94	185.09	115.92	55.54	-44.81
EBITA, 2 Yr. CAGR %	-51.34	297.2	125.57	62.82	-44.44
EBIT, 2 Yr. CAGR %	-64.74	48.25	206.58	109.27	-40.65
Earnings From Cont. Operations, 2 Yr. CAGR %	-74.1	27.83	271.35	106.67	-39.01
Net Income, 2 Yr. CAGR %	-73.24	19.66	261.93	115.53	-39.12
Normalized Net Income, 2 Yr. CAGR %	-62.63	38.76	190.61	90.39	-40.88
Diluted EPS Before Extra, 2 Yr. CAGR %	-74.07	18.32	271.57	116.19	-39.31
Accounts Receivable, 2 Yr. CAGR %	36.32	38.41	-48.83	-83.41	-29.46
Net Property, Plant and Equip., 2 Yr. CAGR %	77.54	74.21	-5.51	-11.86	-29.58
Total Assets, 2 Yr. CAGR %	9.31	24.12	-8.69	-41.98	-51.66
Tangible Book Value, 2 Yr. CAGR %	5.18	18.4	-21.91	-60.53	-84.78
Common Equity, 2 Yr. CAGR %	-0.95	10.11	-23.04	-57.59	-91.19
Cash From Operations, 2 Yr. CAGR %	-60.17	700.69	42.31	-0.24	35.88
Capital Expenditures, 2 Yr. CAGR %	77.58	28.06	-62.59	-70	-79.63
Levered Free Cash Flow, 2 Yr. CAGR %	-74.41	239.11	110.05	10.62	117.17
Unlevered Free Cash Flow, 2 Yr. CAGR %	-74.41	239.11	110.05	10.61	117.13
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	7.37	25.67	4.95	-20.87	-23.92
Gross Profit, 3 Yr. CAGR %	7.54	30.81	7.12	-20.59	-23.09
EBITDA, 3 Yr. CAGR %	463.48	-32.7	218.85	41.42	6.7
EBITA, 3 Yr. CAGR %	122.91	-34.84	309.61	45.75	10.37
EBIT, 3 Yr. CAGR %	5.31	-44.71	147.69	81.25	34.54
Earnings From Cont. Operations, 3 Yr. CAGR %	-2.14	-49.4	126.8	102.06	38.49
Net Income, 3 Yr. CAGR %	5.58	-50.68	123.71	98.17	42.57
Normalized Net Income, 3 Yr. CAGR %	22.09	-41.49	124.68	73.22	27.21
Diluted EPS Before Extra, 3 Yr. CAGR %	3.39	-51	122.7	101.48	42.72
Accounts Receivable, 3 Yr. CAGR %	26.52	36.32	-28.13	-66.62	-54.15
Net Property, Plant and Equip., 3 Yr. CAGR %	78.27	44.17	41.79	-9.61	-22.48
Total Assets, 3 Yr. CAGR %	-3.07	13.51	1.62	-25.59	-45.8
Tangible Book Value, 3 Yr. CAGR %	-10.34	11.33	-11.83	-42.08	-77.54
Common Equity, 3 Yr. CAGR %	-14.49	4.37	-14.74	-40.71	-84.17
Cash From Operations, 3 Yr. CAGR %	-17.53	-4.4	186.72	76.33	-12.11
Capital Expenditures, 3 Yr. CAGR %	23.38	-14.98	5.61	-74.02	-69
Levered Free Cash Flow, 3 Yr. CAGR %	-56.76	17.72	26.77	212.36	-5.82
Unlevered Free Cash Flow, 3 Yr. CAGR %	-56.76	17.72	26.77	212.33	-5.82
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	6.9	4.56	-0.92	-1.09	-7.27
Gross Profit, 5 Yr. CAGR %	7.01	4.61	-0.96	1.62	-5.47
EBITDA, 5 Yr. CAGR %	-21.05	-12	283.92	-5.91	58.08
EBITA, 5 Yr. CAGR %	-21.73	-12.64	123.97	-6.02	84.21
EBIT, 5 Yr. CAGR %	-26.21	-11.17	61.47	-5.84	39.87
Earnings From Cont. Operations, 5 Yr. CAGR %	-30.42	-9.61	66.83	-11.16	34.12
Net Income, 5 Yr. CAGR %	-29.58	-11.39	72.83	-11.04	32.92
Normalized Net Income, 5 Yr. CAGR %	-24.9	-9.27	72.71	-6.2	31.71
Diluted EPS Before Extra, 5 Yr. CAGR %	-30.69	-11.65	72.46	-11.27	32.41
Accounts Receivable, 5 Yr. CAGR %	5.53	13.39	-11.76	-41.29	-28.67
Net Property, Plant and Equip., 5 Yr. CAGR %	44.36	44.38	38.29	18.41	7.17
Total Assets, 5 Yr. CAGR %	-3.85	0.48	-5.36	-13.21	-24.51
Tangible Book Value, 5 Yr. CAGR %	-4.84	-2.31	-15.16	-26.47	-56.33
Common Equity, 5 Yr. CAGR %	-9.25	-6.97	-18.02	-27.2	-65.61
Cash From Operations, 5 Yr. CAGR %	-30.88	16.17	2.59	-2.76	112.69
Capital Expenditures, 5 Yr. CAGR %	-8.05	-36.3	-23.45	-43.95	-45.32
Levered Free Cash Flow, 5 Yr. CAGR %	-48.84	75.22	-18.63	14.83	57.22
Unlevered Free Cash Flow, 5 Yr. CAGR %	-48.84	75.22	-18.63	14.82	57.22