Cash flow China Come Ride New Energy Group Limited

Stocks

8039

KYG5300B1041

Construction & Engineering

Market Closed - Hong Kong S.E. 04:08:11 2025-06-30 EDT			5-day change	1st Jan Change
0.1510 ^HKD	+0.67%		-.--%	-

08-17	China Come Ride New Energy Group Limited Announces Board and Management Changes, Effective August 17, 2026	CI
08-04	China Come Ride New Energy Group Limited Announces Board and Committee Changes, Effective July 31, 2026	CI

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Published financial data: CHINA COME RIDE NEW ENERGY GROUP LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020 (HKD)	2021 (HKD)	2022 (HKD)	2023 (HKD)	2024 (HKD)
Revenues	29.78M	41.25M	35.82M	45.37M	30.67M
Total Revenues	29.78M	41.25M	35.82M	45.37M	30.67M
Cost of Goods Sold, Total	35.5M	37.98M	25.51M	38.32M	24.18M
Gross Profit	-5.72M	3.27M	10.3M	7.05M	6.5M
Selling General & Admin Expenses, Total	12.49M	14.66M	9.29M	11.53M	11.08M
Provision for Bad Debts	2M	1.71M	-	685K	470K
Depreciation & Amortization - (IS)	-	-	-	-	-
Other Operating Expenses	-	-	-	-	-
Other Operating Expenses, Total	14.5M	16.38M	9.29M	12.22M	11.55M
Operating Income	-20.22M	-13.11M	1.02M	-5.17M	-5.05M
Interest Expense, Total	-673K	-967K	-430K	-28K	-131K
Interest And Investment Income	-	-	-	-	2K
Net Interest Expenses	-673K	-967K	-430K	-28K	-129K
Income (Loss) On Equity Invest.	-2.48M	-2.94M	-	-	-
Other Non Operating Income (Expenses)	344K	415K	352K	372K	291K
EBT, Excl. Unusual Items	-23.03M	-16.6M	937K	-4.82M	-4.89M
Gain (Loss) On Sale Of Investments	-	332K	-549K	-	-
Gain (Loss) On Sale Of Assets	-41K	234K	-	-	-
Asset Writedown	-1.08M	-	-	-	-
Other Unusual Items	-10.16M	2.88M	-	552K	-
EBT, Incl. Unusual Items	-34.31M	-13.16M	388K	-4.27M	-4.89M
Income Tax Expense	24K	-17K	-	373K	-35K
Earnings From Continuing Operations	-34.33M	-13.14M	388K	-4.64M	-4.85M
Net Income to Company	-34.33M	-13.14M	388K	-4.64M	-4.85M
Net Income - (IS)	-34.33M	-13.14M	388K	-4.64M	-4.85M
Net Income to Common Incl Extra Items	-34.33M	-13.14M	388K	-4.64M	-4.85M
Net Income to Common Excl. Extra Items	-34.33M	-13.14M	388K	-4.64M	-4.85M
Per Share Items
Net EPS - Basic	-0.08	-0.03	0	-0.01	-0.01
Basic EPS - Continuing Operations	-0.08	-0.03	0	-0.01	-0.01
Basic Weighted Average Shares Outstanding	418M	418M	464M	493M	493M
Net EPS - Diluted	-0.08	-0.03	0	-0.01	-0.01
Diluted EPS - Continuing Operations	-0.08	-0.03	0	-0.01	-0.01
Diluted Weighted Average Shares Outstanding	418M	418M	464M	493M	493M
Normalized Basic EPS	-0.03	-0.02	0	-0.01	-0.01
Normalized Diluted EPS	-0.03	-0.02	0	-0.01	-0.01
Dividend Per Share	-	-	-	-	-
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	-19.56M	-12.82M	1.2M	-5.09M	-4.96M
EBITA	-20.22M	-13.11M	1.02M	-5.17M	-5.05M
EBIT	-20.22M	-13.11M	1.02M	-5.17M	-5.05M
EBITDAR	-	-12.37M	-	-	-
Effective Tax Rate - (Ratio)	-0.07	0.13	-	-8.73	0.72
Current Domestic Taxes	50K	-17K	-	373K	-35K
Total Current Taxes	50K	-17K	-	373K	-35K
Deferred Domestic Taxes	-26K	-	-	-	-
Total Deferred Taxes	-26K	-	-	-	-
Normalized Net Income	-14.39M	-10.38M	586K	-3.01M	-3.05M
Interest on Long-Term Debt	513K	209K	46K	28K	53K
Supplemental Operating Expense Items
General and Administrative Expenses	8.21M	9.58M	9.29M	11.53M	11.08M
Net Rental Expense, Total	-	450K	-	-	-
Imputed Operating Lease Interest Expense	-	224K	-	-	-
Imputed Operating Lease Depreciation	-	226K	-	-	-

Fiscal Period: March	2020 (HKD)	2021 (HKD)	2022 (HKD)	2023 (HKD)	2024 (HKD)
Assets
Cash And Equivalents	11.15M	2.58M	3.08M	3.96M	4.84M
Short Term Investments	3.12M	386K	387K	1.93M	342K
Total Cash And Short Term Investments	14.27M	2.96M	3.47M	5.89M	5.18M
Accounts Receivable, Total	6.65M	3.76M	7.68M	5.8M	9.83M
Other Receivables	2.16M	172K	203K	604K	294K
Notes Receivable	-	1.25M	-	-	-
Total Receivables	8.81M	5.18M	7.88M	6.4M	10.12M
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	23.08M	8.14M	11.35M	12.29M	15.3M
Gross Property Plant And Equipment	3.84M	1.12M	1.92M	251K	1.68M
Accumulated Depreciation	-2.76M	-803K	-981K	-78K	-166K
Net Property Plant And Equipment	1.08M	320K	942K	173K	1.52M
Long-term Investments	7.85M	4.74M	4.42M	4.42M	4.42M
Deferred Tax Assets Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	32.01M	13.2M	16.72M	16.88M	21.25M
Liabilities
Accounts Payable, Total	950K	-	569K	-	2.24M
Accrued Expenses, Total	2.4M	1.02M	1.26M	5.18M	7.05M
Short-term Borrowings	10.85M	13.73M	5.5M	5.5M	7.39M
Current Portion of Long-Term Debt	5M	-	-	-	-
Current Portion of Leases	715K	208K	700K	180K	695K
Current Income Taxes Payable	77K	122K	-	-	-
Unearned Revenue Current, Total	430K	276K	-	-	216K
Other Current Liabilities	-	-	-	2.16M	4.46M
Total Current Liabilities	20.42M	15.36M	8.03M	13.02M	22.06M
Long-Term Debt	-	-	-	-	-
Long-Term Leases	616K	-	180K	-	180K
Deferred Tax Liability Non Current	-	-	-	-	-
Total Liabilities	21.03M	15.36M	8.21M	13.02M	22.24M
Common Stock, Total	4.18M	4.18M	4.93M	4.93M	4.93M
Additional Paid In Capital	33.78M	33.78M	43.08M	43.08M	43.08M
Retained Earnings	-31.99M	-45.13M	-44.74M	-49.38M	-54.24M
Comprehensive Income and Other	5M	5M	5.24M	5.24M	5.24M
Total Common Equity	10.98M	-2.16M	8.51M	3.86M	-988K
Total Equity	10.98M	-2.16M	8.51M	3.86M	-988K
Total Liabilities And Equity	32.01M	13.2M	16.72M	16.88M	21.25M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	418M	418M	493M	493M	493M
ECS Total Common Shares Outstanding	418M	418M	493M	493M	493M
Book Value / Share	0.03	-0.01	0.02	0.01	-0
Tangible Book Value	10.98M	-2.16M	8.51M	3.86M	-988K
Tangible Book Value Per Share	0.03	-0.01	0.02	0.01	-0
Total Debt	17.18M	13.94M	6.38M	5.68M	8.27M
Net Debt	2.91M	10.98M	2.91M	-206K	3.09M
Debt Equivalent Oper. Leases	-	3.6M	-	-	-
Equity Method Investments, Total	7.85M	4.74M	-	-	-
Account Code - Inventory Valuation	3	3	-	3	3
Land - (BS)	-	-	-	-	-
Machinery, Total	1.51M	1M	1.06M	78K	78K
Full Time Employees	25	26	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: March	2020 (HKD)	2021 (HKD)	2022 (HKD)	2023 (HKD)	2024 (HKD)
Net Income	-34.33M	-13.14M	388K	-4.64M	-4.85M
Depreciation & Amortization - CF	1.44M	676K	828K	769K	775K
Depreciation & Amortization, Total	1.44M	676K	828K	769K	775K
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-	-234K	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-332K	549K	-	-
Asset Writedown & Restructuring Costs	1.08M	-	-	-	-
Provision for Credit Losses	10.16M	-1.25M	-	-	-
(Income) Loss On Equity Investments - (CF)	2.48M	2.94M	-	-	-
Provision and Write-off of Bad Debts	2M	2.42M	-	685K	470K
Other Operating Activities, Total	169K	2.6M	277K	-286K	473K
Change In Accounts Receivable	-1.09M	3.21M	-3.92M	-433K	-2.95M
Change In Accounts Payable	2.74M	-2.7M	534K	3.35M	4.1M
Change in Unearned Revenues	-	-	-	-	216K
Change in Other Net Operating Assets	-	-	1.25M	-	-
Cash from Operations	-15.35M	-5.81M	-96K	-560K	-1.77M
Capital Expenditure	-	-	-67K	-	-750K
Sale of Property, Plant, and Equipment	-	320K	-	-	-
Investment in Marketable and Equity Securities, Total	-2.5M	500K	-	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-6.07M	-	-	-	-
Other Investing Activities, Total	-	-	-	1K	2K
Cash from Investing	-8.57M	820K	-67K	1K	-748K
Short Term Debt Issued, Total	10.85M	2.88M	-	2.16M	4.38M
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	10.85M	2.88M	-	2.16M	4.38M
Short Term Debt Repaid, Total	-4.09M	-	-8.23M	-	-189K
Long-Term Debt Repaid, Total	-909K	-5.77M	-757K	-728K	-728K
Total Debt Repaid	-5M	-5.77M	-8.99M	-728K	-917K
Issuance of Common Stock	-	-	10.28M	-	-
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-200K	-699K	-613K	-	-66K
Cash from Financing	5.65M	-3.58M	671K	1.43M	3.4M
Net Change in Cash	-18.27M	-8.57M	508K	873K	880K
Supplemental Items
Cash Interest Paid	200K	699K	384K	-	66K
Cash Income Tax Paid (Refund)	528K	-2.05M	153K	686K	-379K
Levered Free Cash Flow	-3.71M	-6.92M	-1.16M	4.51M	-308K
Unlevered Free Cash Flow	-3.29M	-6.32M	-895K	4.53M	-227K
Change In Net Working Capital	-7.91M	-1.2M	2.29M	-6.99M	-2.9M
Net Debt Issued / Repaid	5.85M	-2.88M	-8.99M	1.43M	3.46M

Fiscal Period: March	2020 (HKD)	2021 (HKD)	2022 (HKD)	2023 (HKD)	2024 (HKD)
Profitability
Return on Assets	-29.01	-36.24	4.24	-19.22	-16.55
Return on Total Capital	-30.61	-41.03	4.76	-26.44	-37.52
Return On Equity %	-121.99	-298.15	12.23	-75.07	-337.41
Return on Common Equity	-121.99	-298.15	12.23	-75.07	-337.41
Margin Analysis
Gross Profit Margin %	-19.21	7.93	28.77	15.54	21.19
SG&A Margin	41.95	35.55	25.94	25.42	36.12
EBITDA Margin %	-65.69	-31.09	3.36	-11.22	-16.17
EBITA Margin %	-67.89	-31.78	2.83	-11.39	-16.46
EBIT Margin %	-67.89	-31.78	2.83	-11.39	-16.46
Income From Continuing Operations Margin %	-115.3	-31.86	1.08	-10.24	-15.82
Net Income Margin %	-115.3	-31.86	1.08	-10.24	-15.82
Net Avail. For Common Margin %	-115.3	-31.86	1.08	-10.24	-15.82
Normalized Net Income Margin	-48.34	-25.16	1.64	-6.64	-9.96
Levered Free Cash Flow Margin	-12.45	-16.78	-3.25	9.94	-1.01
Unlevered Free Cash Flow Margin	-11.04	-15.31	-2.5	9.98	-0.74
Asset Turnover
Asset Turnover	0.68	1.82	2.39	2.7	1.61
Fixed Assets Turnover	23.51	58.84	56.76	81.38	36.28
Receivables Turnover (Average Receivables)	4.11	7.93	6.27	6.73	3.93
Short Term Liquidity
Current Ratio	1.13	0.53	1.41	0.94	0.69
Quick Ratio	1.13	0.45	1.41	0.94	0.69
Operating Cash Flow to Current Liabilities	-0.75	-0.38	-0.01	-0.04	-0.08
Days Sales Outstanding (Average Receivables)	88.98	46.06	58.26	54.2	93.23
Average Days Payable Outstanding	-	-	-	-	-
Long Term Solvency
Total Debt/Equity	156.5	-644.57	74.99	147	-836.74
Total Debt / Total Capital	61.01	118.36	42.85	59.51	113.57
LT Debt/Equity	5.61	-	2.12	-	-18.22
Long-Term Debt / Total Capital	2.19	-	1.21	-	2.47
Total Liabilities / Total Assets	65.71	116.39	49.11	77.11	104.65
EBIT / Interest Expense	-30.04	-13.56	2.36	-184.54	-38.54
EBITDA / Interest Expense	-27.91	-12.86	4.29	-157.07	-32.63
(EBITDA - Capex) / Interest Expense	-27.91	-12.86	4.13	-157.07	-38.35
Total Debt / EBITDA	-0.91	-1.12	3.46	-1.29	-1.93
Net Debt / EBITDA	-0.16	-0.88	1.58	0.05	-0.72
Total Debt / (EBITDA - Capex)	-0.91	-1.12	3.59	-1.29	-1.65
Net Debt / (EBITDA - Capex)	-0.16	-0.88	1.64	0.05	-0.61
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-35.05	38.51	-13.16	26.67	-32.39
Gross Profit, 1 Yr. Growth %	-210.38	-157.13	215.23	-31.6	-7.8
EBITDA, 1 Yr. Growth %	319.88	-34.44	-109.37	-523.38	-2.52
EBITA, 1 Yr. Growth %	280.32	-35.17	-107.74	-609.06	-2.28
EBIT, 1 Yr. Growth %	280.32	-35.17	-107.74	-609.06	-2.28
Earnings From Cont. Operations, 1 Yr. Growth %	566.03	-61.73	-102.95	-1.3K	4.48
Net Income, 1 Yr. Growth %	566.03	-61.73	-102.95	-1.3K	4.48
Normalized Net Income, 1 Yr. Growth %	347.38	-27.91	-105.64	-614.73	1.33
Diluted EPS Before Extra, 1 Yr. Growth %	566.06	-61.73	-102.66	-1.23K	4.48
Accounts Receivable, 1 Yr. Growth %	-15	-43.54	104.39	-24.5	69.62
Net Property, Plant and Equip., 1 Yr. Growth %	-25.43	-70.43	194.38	-81.63	777.46
Total Assets, 1 Yr. Growth %	-41.91	-58.77	26.68	0.99	25.85
Tangible Book Value, 1 Yr. Growth %	-75.77	-119.7	-493.34	-54.58	-125.57
Common Equity, 1 Yr. Growth %	-75.77	-119.7	-493.34	-54.58	-125.57
Cash From Operations, 1 Yr. Growth %	33.23	-62.17	-98.35	483.33	216.25
Capital Expenditures, 1 Yr. Growth %	-	-	-	-	-
Levered Free Cash Flow, 1 Yr. Growth %	-70.32	86.58	-83.19	-487.76	-106.84
Unlevered Free Cash Flow, 1 Yr. Growth %	-73.42	92.06	-85.83	-606.2	-105
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-13.73	-5.15	9.67	4.88	-7.46
Gross Profit, 2 Yr. CAGR %	-42.81	-20.59	34.2	46.84	-20.59
EBITDA, 2 Yr. CAGR %	35.59	65.91	-75.21	-37.01	103.16
EBITA, 2 Yr. CAGR %	40.72	57.03	-77.59	-37.22	123.03
EBIT, 2 Yr. CAGR %	40.72	57.03	-77.59	-37.22	123.03
Earnings From Cont. Operations, 2 Yr. CAGR %	106.8	59.66	-89.37	-40.55	253.63
Net Income, 2 Yr. CAGR %	106.8	59.66	-89.37	-40.55	253.63
Normalized Net Income, 2 Yr. CAGR %	49.94	79.59	-79.83	-46.1	128.38
Diluted EPS Before Extra, 2 Yr. CAGR %	106.83	59.66	-89.91	-45.26	243.1
Accounts Receivable, 2 Yr. CAGR %	-10.47	-30.73	7.42	24.22	13.16
Net Property, Plant and Equip., 2 Yr. CAGR %	-7.26	-53.04	-6.69	-26.47	26.94
Total Assets, 2 Yr. CAGR %	-23.58	-51.06	-27.73	13.11	12.73
Tangible Book Value, 2 Yr. CAGR %	-53.36	-78.15	-11.97	33.66	-65.92
Common Equity, 2 Yr. CAGR %	-53.36	-78.15	-11.97	33.66	-65.92
Cash From Operations, 2 Yr. CAGR %	59.28	-29	-92.09	-68.95	329.51
Capital Expenditures, 2 Yr. CAGR %	-	-	-	-	234.57
Levered Free Cash Flow, 2 Yr. CAGR %	-8.79	-25.58	-43.99	-19.26	-48.5
Unlevered Free Cash Flow, 2 Yr. CAGR %	-14.12	-28.55	-47.84	-15.32	-49.67
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-3.54	1.01	-7.9	15.07	-9.4
Gross Profit, 3 Yr. CAGR %	-34.81	-42.83	25.74	7.2	25.74
EBITDA, 3 Yr. CAGR %	8.37	6.42	-36.34	-36.16	-27.14
EBITA, 3 Yr. CAGR %	9.6	8.69	-42.42	-36.54	-27.24
EBIT, 3 Yr. CAGR %	9.6	8.69	-42.42	-36.54	-27.24
Earnings From Cont. Operations, 3 Yr. CAGR %	66.78	17.85	-57.78	-48.67	-28.26
Net Income, 3 Yr. CAGR %	66.78	17.85	-57.78	-48.67	-28.26
Normalized Net Income, 3 Yr. CAGR %	31.48	17.46	-43.33	-40.62	-33.48
Diluted EPS Before Extra, 3 Yr. CAGR %	52.85	17.86	-59.23	-51.42	-32.1
Accounts Receivable, 3 Yr. CAGR %	15.25	-23.23	-0.64	-4.49	37.81
Net Property, Plant and Equip., 3 Yr. CAGR %	-13.8	-36.64	-13.41	-45.72	68.02
Total Assets, 3 Yr. CAGR %	-17.9	-37.79	-32.81	-19.21	17.2
Tangible Book Value, 3 Yr. CAGR %	-41.55	-65	-42.74	-29.39	-22.99
Common Equity, 3 Yr. CAGR %	-41.55	-65	-42.74	-29.39	-22.99
Cash From Operations, 3 Yr. CAGR %	6.98	-1.36	-79.73	-66.84	-32.69
Capital Expenditures, 3 Yr. CAGR %	-	-	-57.12	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	-34.64	15.78	-54.68	6.74	-64.54
Unlevered Free Cash Flow, 3 Yr. CAGR %	-37.21	12.31	-58.34	11.26	-67.02
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	2.46	7.05	1.54	2.54	-7.72
Gross Profit, 5 Yr. CAGR %	-20.68	-29.65	-12.98	-16.62	4.63
EBITDA, 5 Yr. CAGR %	4.06	-4.54	-39.93	-13.72	1.26
EBITA, 5 Yr. CAGR %	4.89	-4.1	-41.92	-12.73	-1.03
EBIT, 5 Yr. CAGR %	4.89	-4.1	-41.92	-12.73	-1.03
Earnings From Cont. Operations, 5 Yr. CAGR %	20.86	17.27	-44.55	-10.37	-1.2
Net Income, 5 Yr. CAGR %	20.86	17.27	-44.55	-10.37	-1.2
Normalized Net Income, 5 Yr. CAGR %	7.66	14.33	-37.88	-13.99	-1.04
Diluted EPS Before Extra, 5 Yr. CAGR %	11.53	8.24	-48.47	-13.28	-4.41
Accounts Receivable, 5 Yr. CAGR %	16.08	-0.42	12.05	-6.93	4.66
Net Property, Plant and Equip., 5 Yr. CAGR %	25.68	67.88	-11.02	-32.75	0.91
Total Assets, 5 Yr. CAGR %	14.11	-0.22	-21.99	-20.98	-17.36
Tangible Book Value, 5 Yr. CAGR %	-4.53	-25.79	-31.15	-40.19	-53.47
Common Equity, 5 Yr. CAGR %	-4.53	-25.79	-31.15	-40.19	-53.47
Cash From Operations, 5 Yr. CAGR %	2.26	-15.52	-62.26	-37.87	-31.24
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	-2.47
Levered Free Cash Flow, 5 Yr. CAGR %	12.07	-25.71	-38.56	0.24	-52.3
Unlevered Free Cash Flow, 5 Yr. CAGR %	9.41	-27.06	-41.7	0.31	-55.07