LeEco is still alive: announces increased revenue during Q1 2017!


Who would have thought that miracles still happen? LeEco reported today that they had a net operating income of 4.92 billion Yuan, with 125 Million Yuan of its profits attributable to shareholder investments.leeco

This means that the company has a revenue of 4.92 billion yuan during the first quarter of 2017, increased by 6,21% when compared to the previous trimester, along with a net  cash flow of 7.41 billion Yuan generated by operating activities. Note that – according to LeEco officials- by March 31, 2017 the company’s debt had fallen to only 18.885 Billion Yuan!

The Chinese company also announced its main shareholders, among which we can spot Jia Yue Ting Holding which holds 25.67% of the company’s shares, Tianjin Jia Rui Huixin Enterprise Management Co., Ltd. with 8.56% of the company’s shares and Jia Yue-min Holding which accounts for 2.20%.

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26 Comments

  1. April 27, 2017

    I wouldn’t buy one of their phones until they are more stable. One of the reasons I haven’t bought one yet is that too many of their phones have only 32 GB of storage and no expansion capability. Brainless decision on their part.

    • GoldenBoy
      April 27, 2017

      i have a leeco le pro 3…6gb of ram and 64gb of rom.
      paid 300€ on December.
      For my use 64gb are just good.
      At that price you can’t find a better deal.

      • April 27, 2017

        Sorry, I didn’t mean to suggest that they had NO phones with more than 32 GB storage, just that the had too many with this limitation. However, their phones are not known for more than average battery life.

        • GoldenBoy
          April 27, 2017

          well, i don’t know all of their phones, but my le pro 3 has a great battery life…it has a 4100 BTW.

          If you want a battery phone you have other options like P2, nubia N1 etc etc…but you’ll miss snap821, very good camera and other things like good design( in my opinion ).
          If i have to blame to something i’ll blame to the black corner around the screen 😉

          • April 27, 2017

            OK, thanks for the info, maybe I was thinking of their earlier ones – the ones with SD810 with 3000 mAh batteries that got run down quickly by SD810. Yours sounds pretty good but I’m a Xiaomi Fan Boy and I get a full 2 days on most of their phones that I have tried so far.

            • Zero
              April 27, 2017

              I have a Leeco Le Max 2 with 64 GB of ROM and 3000 mAh of battery. It drains decently OK thanks for the processor

            • princetom
              April 27, 2017

              Yea, le max 2 performing wonder with its meager battery. U can’t ask for any more miracle from a 5.7 inch 2k screen. Still find it hard to believe the battery sometimes

            • GoldenBoy
              April 28, 2017

              i like xiaomi too, but note 2 is too expensive for my needs, and le pro 3 fits very well for what i was looking for…at a good price.
              For the battery, i usually do 3 to 4 days with a single charge depending on what i do ( for works i just read emails, browse, whatsapp and calls…i don’t play games or facebook ).
              Just to say that battery is not a problem.
              Yes, i don’t like leeco UI and updates are not fast…but i guess we can’t have everything 😛

    • NextHype
      April 28, 2017

      You forgot that, for each LeEco phone bought, you’ll receive not one, not two, not three… but FOUR gorgeous and beautiful black bezels, equally and cleverly distributed around the display.

      Ain’t that beautiful ?

  2. Muhammad Yasir
    April 27, 2017

    thank the HEAVENS !

    i was so scared !

    they shouldn’t have jumped the gun to US… Pakistan is just next door and the smartphone market is crazy here ! they can easily score sales with the right mix of advertisements , marketing and publicity !

    come to Pakistan , LeEco !

    • Zero
      April 27, 2017

      Even South America is a FAR easier market… They would just murder the competition on there.

      • Muhammad Yasir
        April 27, 2017

        heh , indeed !

        where you from , friend ?

        • Zero
          April 27, 2017

          Peru. Here is really a price sensitive market outside the capital.

  3. Moose
    April 27, 2017

    I wouldn’t buy one of their phones until they are more stable. One of the reasons I haven’t bought one yet is that too many of their phones have only 32 GB of storage and no expansion capability. Brainless decision on their part.

    • Guest
      April 27, 2017

      i have a leeco le pro 3…6gb of ram and 64gb of rom.
      paid 300€ on December.
      For my use 64gb are just good.
      At that price you can’t find a better deal.

    • Moose
      April 27, 2017

      Sorry, I didn’t mean to suggest that they had NO phones with more than 32 GB storage, just that the had too many with this limitation. However, their phones are not known for more than average battery life.

    • Guest
      April 27, 2017

      well, i don’t know all of their phones, but my le pro 3 has a great battery life…it has a 4100 BTW.

      If you want a battery phone you have other options like P2, nubia N1 etc etc…but you’ll miss snap821, very good camera and other things like good design( in my opinion ).
      If i have to blame to something i’ll blame to the black corner around the screen 😉

    • Moose
      April 27, 2017

      OK, thanks for the info, maybe I was thinking of their earlier ones – the ones with SD810 with 3000 mAh batteries that got run down quickly by SD810. Yours sounds pretty good but I’m a Xiaomi Fan Boy and I get a full 2 days on most of their phones that I have tried so far.

    • Zero
      April 27, 2017

      I have a Leeco Le Max 2 with 64 GB of ROM and 3000 mAh of battery. It drains decently OK thanks for the processor

    • princetom
      April 27, 2017

      Yea, le max 2 performing wonder with its meager battery. U can’t ask for any more miracle from a 5.7 inch 2k screen. Still find it hard to believe the battery sometimes

    • Guest
      April 28, 2017

      i like xiaomi too, but note 2 is too expensive for my needs, and le pro 3 fits very well for what i was looking for…at a good price.
      For the battery, i usually do 3 to 4 days with a single charge depending on what i do ( for works i just read emails, browse, whatsapp and calls…i don’t play games or facebook ).
      Just to say that battery is not a problem.
      Yes, i don’t like leeco UI and updates are not fast…but i guess we can’t have everything 😛

    • NextHype
      April 28, 2017

      You forgot that, for each LeEco phone bought, you’ll receive not one, not two, not three… but FOUR gorgeous and beautiful black bezels, equally and cleverly distributed around the display.

      Ain’t that beautiful ?

  4. Guest
    April 27, 2017

    thank the HEAVENS !

    i was so scared !

    they shouldn’t have jumped the gun to US… Pakistan is just next door and the smartphone market is crazy here ! they can easily score sales with the right mix of advertisements , marketing and publicity !

    come to Pakistan , LeEco !

    • Zero
      April 27, 2017

      Even South America is a FAR easier market… They would just murder the competition on there.

    • Guest
      April 27, 2017

      heh , indeed !

      where you from , friend ?

    • Zero
      April 27, 2017

      Peru. Here is really a price sensitive market outside the capital.