Income Statement Guangdong Naruida Technology Co., Ltd.

Equities

688522

CNE100005ZQ7

Aerospace & Defense

End-of-day quote Shanghai S.E. Other stock markets 2026-01-20			5-day change	1st Jan Change
42.18 ^CNY	-4.11%		-4.11%	+5.63%

25-10-27	Naruida Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2025	CI
25-08-25	Naruida Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2025	CI

12951e7c09fca8cbd.8EwZOO3g7XPN0HXVCOyLC6bS0sOPYqBr57cpBLNTvP8.xCUpToWqjgX8iDmicrTtbJ-5o5W5BY0mi-Z4R9020ZbGAUxarpGAIbuZBg

Published financial data: GUANGDONG NARUIDA TECHNOLOGY CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	131M	183M	210M	212M	345M
Other Revenues, Total	-	36.99K	136K	54.6K	222K
Total Revenues	131M	183M	210M	212M	345M
Cost of Goods Sold, Total	26.68M	36.09M	40.28M	50.37M	125M
Gross Profit	105M	147M	170M	162M	221M
Selling General & Admin Expenses, Total	16.14M	21.43M	30.85M	57.13M	60.07M
Provision for Bad Debts	6M	6.98M	11.57M	27.4M	38.31M
R&D Expenses	22.35M	31.8M	42.28M	57.18M	78.48M
Other Operating Expenses	-13.56M	-3.67M	-4.81M	-7.49M	-12.21M
Other Operating Expenses, Total	30.95M	56.55M	79.89M	134M	165M
Operating Income	73.66M	90.39M	89.84M	27.89M	55.96M
Interest Expense, Total	-227K	-315K	-981K	-2.17M	-992K
Interest And Investment Income	2.5M	3.64M	4.41M	38.52M	35.39M
Net Interest Expenses	2.27M	3.32M	3.43M	36.35M	34.4M
Currency Exchange Gains (Loss)	178K	-14.24K	58.81K	-23.98K	40.75K
Other Non Operating Income (Expenses)	-15.55K	-71.45K	-8.89K	-66.2K	-199K
EBT, Excl. Unusual Items	76.09M	93.63M	93.32M	64.15M	90.2M
Gain (Loss) On Sale Of Investments	-	-	-	-	601K
Gain (Loss) On Sale Of Assets	-	-794	-	20.79K	-50.79K
Asset Writedown	-	-	-	-	-8.55M
Other Unusual Items	4.04K	15.24M	23.9M	1.37M	-3.87M
EBT, Incl. Unusual Items	76.1M	109M	117M	65.54M	78.33M
Income Tax Expense	9.51M	12.26M	11.26M	2.24M	1.72M
Earnings From Continuing Operations	66.59M	96.62M	106M	63.3M	76.61M
Net Income to Company	66.59M	96.62M	106M	63.3M	76.61M
Net Income - (IS)	66.59M	96.62M	106M	63.3M	76.61M
Net Income to Common Incl Extra Items	66.59M	96.62M	106M	63.3M	76.61M
Net Income to Common Excl. Extra Items	66.59M	96.62M	106M	63.3M	76.61M
Per Share Items
Net EPS - Basic	0.29	0.42	0.46	0.22	0.25
Basic EPS - Continuing Operations	0.29	0.42	0.46	0.22	0.25
Basic Weighted Average Shares Outstanding	227M	228M	228M	289M	306M
Net EPS - Diluted	0.29	0.42	0.46	0.22	0.25
Diluted EPS - Continuing Operations	0.29	0.42	0.46	0.22	0.25
Diluted Weighted Average Shares Outstanding	227M	228M	228M	289M	306M
Normalized Basic EPS	0.21	0.26	0.26	0.14	0.18
Normalized Diluted EPS	0.21	0.26	0.26	0.14	0.18
Dividend Per Share	-	-	0.26	0.08	0.07
Payout Ratio	0.98	0.03	0.65	125.21	31.32
Supplemental Items
EBITDA	80.36M	101M	104M	45.3M	79.33M
EBITA	74.21M	92.41M	91.15M	29.21M	57.21M
EBIT	73.66M	90.39M	89.84M	27.89M	55.96M
EBITDAR	81.71M	-	106M	46.62M	80.58M
Total Revenues (As Reported)	-	183M	210M	212M	345M
Effective Tax Rate - (Ratio)	12.49	11.26	9.61	3.42	2.19
Total Current Taxes	6.42M	12.32M	5.39M	491K	37.59M
Total Deferred Taxes	3.09M	-64.73K	5.87M	1.75M	-35.88M
Normalized Net Income	47.56M	58.52M	58.32M	40.1M	56.38M
Interest on Long-Term Debt	-	339K	303K	257K	248K
Supplemental Operating Expense Items
Advertising Expense	212K	1.93M	2.35M	6.97M	4.64M
Selling and Marketing Expenses	3.55M	7.29M	15.37M	28.1M	32.67M
General and Administrative Expenses	11.79M	14.14M	15.48M	29.04M	27.39M
Research And Development Expense From Footnotes	22.9M	31.8M	42.28M	57.18M	78.48M
Net Rental Expense, Total	1.35M	-	1.31M	1.31M	1.25M
Imputed Operating Lease Interest Expense	445K	-	280K	339K	269K
Imputed Operating Lease Depreciation	905K	-	1.03M	976K	980K
Stock-Based Comp., COGS (Total)	-	-	-	64.21K	53.94K
Stock-Based Comp., R&D Exp. (Total)	-	-	-	3.03M	2.74M
Stock-Based Comp., S&M Exp. (Total)	-	-	-	99.54K	190K
Stock-Based Comp., G&A Exp. (Total)	3.8M	3.93M	2.63M	1.48M	1.38M
Total Stock-Based Compensation	3.8M	3.93M	2.63M	4.67M	4.36M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	136M	161M	225M	1.73B	1.36B
Trading Asset Securities, Total	-	-	-	-	320M
Total Cash And Short Term Investments	136M	161M	225M	1.73B	1.68B
Accounts Receivable, Total	102M	151M	219M	296M	263M
Other Receivables	482K	723K	808K	1.39M	4.53M
Total Receivables	102M	151M	219M	297M	268M
Inventory	42.79M	70.28M	99.61M	125M	240M
Other Current Assets, Total	3.07M	6.9M	9.08M	22.62M	34.61M
Total Current Assets	284M	390M	553M	2.18B	2.22B
Gross Property Plant And Equipment	43.91M	77.63M	101M	158M	288M
Accumulated Depreciation	-14.41M	-24.11M	-37.13M	-53.18M	-75.25M
Net Property Plant And Equipment	29.5M	53.52M	64.36M	105M	213M
Other Intangibles, Total	53.36M	54.83M	52.53M	52.38M	22.31M
Accounts Receivable Long-Term	6.17M	9.51M	5.89M	1.66M	3.62M
Deferred Tax Assets Long-Term	-	-	-	-	25.51M
Deferred Charges Long-Term	657K	2.7M	2.54M	2.73M	3.53M
Other Long-Term Assets, Total	657K	719K	136K	12.45M	3.84M
Total Assets	375M	511M	678M	2.35B	2.5B
Liabilities
Accounts Payable, Total	13.87M	25.19M	18.52M	43M	69.8M
Accrued Expenses, Total	4.1M	9.39M	15.91M	10.67M	29.49M
Short-term Borrowings	993K	-	60.06M	60.05M	-
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	-	1.03M	1.34M	3.1M	2.73M
Current Income Taxes Payable	1.79M	10.3M	9.06M	-	37.28M
Unearned Revenue Current, Total	1.21M	2.07M	4.81M	8.44M	106M
Other Current Liabilities	111K	137K	181K	16.24M	9.44M
Total Current Liabilities	22.08M	48.11M	110M	142M	255M
Long-Term Debt	-	-	-	-	-
Long-Term Leases	-	5.99M	5.17M	5.25M	2.52M
Unearned Revenue Non Current	11.61M	14.21M	6.03M	3.27M	1.21M
Deferred Tax Liability Non Current	2.81M	2.74M	8.61M	10.36M	-
Other Non Current Liabilities	607K	1.66M	2.03M	1.71M	3.24M
Total Liabilities	37.11M	72.72M	132M	162M	261M
Common Stock, Total	116M	116M	116M	155M	217M
Additional Paid In Capital	176M	180M	182M	1.8B	1.75B
Retained Earnings	45.67M	142M	248M	234M	288M
Treasury Stock	-	-	-	-	-15.1M
Total Common Equity	338M	438M	547M	2.19B	2.23B
Total Equity	338M	438M	547M	2.19B	2.23B
Total Liabilities And Equity	375M	511M	678M	2.35B	2.5B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	227M	228M	303M	303M	303M
ECS Total Common Shares Outstanding	227M	228M	227M	303M	303M
Book Value / Share	1.48	1.92	2.4	7.23	7.38
Tangible Book Value	284M	383M	494M	2.14B	2.21B
Tangible Book Value Per Share	1.25	1.68	2.17	7.06	7.31
Total Debt	993K	7.02M	66.57M	68.4M	5.25M
Net Debt	-135M	-154M	-158M	-1.67B	-1.68B
Debt Equivalent Oper. Leases	10.79M	-	10.51M	10.51M	10M
Account Code - Inventory Valuation	6	-	6	6	6
Inventories - Raw Materials, Total	17.43M	24.57M	25.58M	37.15M	60.68M
Inventories - Work In Process, Total	25.36M	45.71M	74.03M	81M	135M
Inventories - Finished Goods, Total	-	-	-	6.38M	43.98M
Machinery, Total	43.91M	65.77M	82.17M	118M	175M
Full Time Employees	-	-	204	232	278
Accumulated Allowance for Doubtful Accounts (Supple)	4.2M	9.66M	19.55M	43.52M	80.84M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	66.59M	96.62M	106M	63.3M	76.61M
Depreciation & Amortization - CF	6.15M	9.85M	14.73M	17.92M	25.06M
Amortization of Goodwill and Intangible Assets - (CF)	548K	2.01M	1.31M	1.31M	1.25M
Depreciation & Amortization, Total	6.7M	11.87M	16.05M	19.23M	26.31M
Amortization of Deferred Charges, Total - (CF)	445K	302K	2.47M	3.14M	4.39M
(Gain) Loss From Sale Of Asset	-	794	-	-20.79K	-
(Gain) Loss on Sale of Investments - (CF)	-2.48M	-532K	-	-	-1.8M
Asset Writedown & Restructuring Costs	6M	7M	11.57M	-	8.6M
Stock-Based Compensation (CF)	3.8M	-	-	-	-
Provision and Write-off of Bad Debts	-	-	-	27.4M	38.31M
Other Operating Activities, Total	636K	384K	1.04M	2.25M	-11.78M
Change In Accounts Receivable	-94.1M	-59.68M	-73.76M	-121M	-3.78M
Change In Inventories	-25.35M	-44.83M	-33.68M	-43.7M	-125M
Change In Accounts Payable	-8.33M	30.1M	-3.73M	34.12M	168M
Change In Deferred Taxes	3.09M	-64.73K	5.87M	1.75M	-35.88M
Change in Other Net Operating Assets	-	3.93M	2.63M	4.67M	4.39M
Cash from Operations	-42.99M	45.09M	34.41M	-8.41M	149M
Capital Expenditure	-65.68M	-20.93M	-23.95M	-51.66M	-114M
Sale of Property, Plant, and Equipment	-	-	-	132K	-
Investment in Marketable and Equity Securities, Total	0	532K	-	-	-318M
Other Investing Activities, Total	2.48M	-	-	-	-1.11B
Cash from Investing	-63.21M	-20.4M	-23.95M	-51.53M	-1.54B
Short Term Debt Issued, Total	-	-	60M	90M	-
Long-Term Debt Issued, Total	27.68M	-	-	-	-
Total Debt Issued	27.68M	-	60M	90M	-
Short Term Debt Repaid, Total	-	-991K	-	-90M	-60M
Long-Term Debt Repaid, Total	-36.69M	-1.33M	-1.55M	-1.82M	-3.39M
Total Debt Repaid	-36.69M	-2.33M	-1.55M	-91.82M	-63.39M
Issuance of Common Stock	200M	-	-	1.68B	-
Common Dividends Paid	-650K	-27.31K	-690K	-79.26M	-23.99M
Common & Preferred Stock Dividends Paid	-650K	-27.31K	-690K	-79.26M	-23.99M
Other Financing Activities, Total	-3.3M	-	-1.8M	-29.03M	-15.1M
Cash from Financing	187M	-2.35M	55.95M	1.57B	-102M
Foreign Exchange Rate Adjustments	-	-19.03K	16.27K	-23.98K	40.75K
Net Change in Cash	80.84M	22.32M	66.44M	1.51B	-1.49B
Supplemental Items
Cash Interest Paid	-	-	-	-	16.92K
Cash Income Tax Paid (Refund)	3.98M	6.35M	9.93M	13.27M	5.79M
Levered Free Cash Flow	-113M	-2.83M	-45.29M	-95.02M	30.86M
Unlevered Free Cash Flow	-113M	-2.63M	-44.68M	-93.66M	31.48M
Change In Net Working Capital	105M	54.3M	98.03M	86.48M	-75.46M
Net Debt Issued / Repaid	-9.01M	-2.33M	58.45M	-1.82M	-63.39M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	18.46	12.76	9.44	1.15	1.44
Return on Total Capital	21.94	14.42	10.61	1.21	1.55
Return On Equity %	32.59	24.91	21.52	4.62	3.46
Return on Common Equity	32.59	24.91	21.52	4.62	3.46
Margin Analysis
Gross Profit Margin %	79.68	80.28	80.82	76.3	63.89
SG&A Margin	12.3	11.71	14.69	26.89	17.4
EBITDA Margin %	61.21	55.25	49.76	21.32	22.98
EBITA Margin %	56.52	50.49	43.4	13.75	16.57
EBIT Margin %	56.11	49.39	42.78	13.13	16.21
Income From Continuing Operations Margin %	50.72	52.79	50.45	29.79	22.19
Net Income Margin %	50.72	52.79	50.45	29.79	22.19
Net Avail. For Common Margin %	50.72	52.79	50.45	29.79	22.19
Normalized Net Income Margin	36.23	31.97	27.77	18.87	16.33
Levered Free Cash Flow Margin	-86.34	-1.55	-21.57	-44.72	8.94
Unlevered Free Cash Flow Margin	-86.23	-1.44	-21.27	-44.08	9.12
Asset Turnover
Asset Turnover	0.53	0.41	0.35	0.14	0.14
Fixed Assets Turnover	5.35	4.41	3.56	2.51	2.17
Receivables Turnover (Average Receivables)	2.2	1.45	1.14	0.83	1.23
Inventory Turnover (Average Inventory)	0.8	0.64	0.47	0.45	0.68
Short Term Liquidity
Current Ratio	12.87	8.1	5.03	15.4	8.74
Quick Ratio	10.8	6.49	4.04	14.36	7.66
Operating Cash Flow to Current Liabilities	-1.95	0.94	0.31	-0.06	0.58
Days Sales Outstanding (Average Receivables)	166.29	251.95	321.05	441.86	296.51
Days Outstanding Inventory (Average Inventory)	457.12	571.79	769.71	812.13	535.01
Average Days Payable Outstanding	92.8	112.14	114.61	149.12	85.98
Cash Conversion Cycle (Average Days)	530.61	711.6	976.15	1.1K	745.53
Long Term Solvency
Total Debt/Equity	0.29	1.6	12.18	3.12	0.23
Total Debt / Total Capital	0.29	1.58	10.86	3.03	0.23
LT Debt/Equity	-	1.37	0.95	0.24	0.11
Long-Term Debt / Total Capital	-	1.35	0.84	0.23	0.11
Total Liabilities / Total Assets	9.91	14.24	19.42	6.89	10.48
EBIT / Interest Expense	324.96	287.13	91.57	12.84	56.4
EBITDA / Interest Expense	354.51	324.81	107.92	21.69	82.91
(EBITDA - Capex) / Interest Expense	64.73	258.34	83.52	-2.09	-32
Total Debt / EBITDA	0.01	0.07	0.63	1.45	0.06
Net Debt / EBITDA	-1.68	-1.51	-1.5	-35.36	-20.38
Total Debt / (EBITDA - Capex)	0.07	0.09	0.81	-15.09	-0.17
Net Debt / (EBITDA - Capex)	-9.2	-1.89	-1.93	367.63	52.8
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	25.09	39.41	14.74	1.18	62.49
Gross Profit, 1 Yr. Growth %	21.53	40.47	15.5	-4.48	36.78
EBITDA, 1 Yr. Growth %	-6.96	25.85	3.32	-57.05	70.75
EBITA, 1 Yr. Growth %	-9.81	24.53	-1.36	-68.3	88.41
EBIT, 1 Yr. Growth %	-10.48	22.72	-0.61	-68.95	100.63
Earnings From Cont. Operations, 1 Yr. Growth %	-6.17	45.09	9.66	-40.25	21.03
Net Income, 1 Yr. Growth %	-6.17	45.09	9.66	-40.25	21.03
Normalized Net Income, 1 Yr. Growth %	-6.33	23.04	-0.33	-31.25	40.6
Diluted EPS Before Extra, 1 Yr. Growth %	-	45.63	9.63	-52.75	16.66
Accounts Receivable, 1 Yr. Growth %	487.75	47.79	45.02	35.37	-11.01
Inventory, 1 Yr. Growth %	79.36	64.24	41.73	25.02	92.68
Net Property, Plant and Equip., 1 Yr. Growth %	51.02	81.39	20.27	63.3	102.49
Total Assets, 1 Yr. Growth %	202.04	36.34	32.81	246.93	6.04
Tangible Book Value, 1 Yr. Growth %	299.4	34.86	28.93	332.89	3.4
Common Equity, 1 Yr. Growth %	374.4	29.79	24.79	300.87	1.95
Cash From Operations, 1 Yr. Growth %	-294.84	-204.87	-23.68	-124.43	-1.87K
Capital Expenditures, 1 Yr. Growth %	592.05	-68.14	14.42	115.72	120.73
Levered Free Cash Flow, 1 Yr. Growth %	980.39	-97.5	1.5K	109.8	-132.47
Unlevered Free Cash Flow, 1 Yr. Growth %	1.12K	-97.67	1.6K	109.64	-133.61
Dividend Per Share, 1 Yr. Growth %	-	-	-	-70.01	-6.67
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	1.07K	32.06	26.48	7.75	28.22
Gross Profit, 2 Yr. CAGR %	1.01K	30.66	27.38	5.04	14.01
EBITDA, 2 Yr. CAGR %	1.06K	8.21	14.03	-33.07	-13.27
EBITA, 2 Yr. CAGR %	371.46	5.97	10.83	-43.78	-21.2
EBIT, 2 Yr. CAGR %	369.72	4.81	10.44	-44.45	-21.08
Earnings From Cont. Operations, 2 Yr. CAGR %	385.99	16.68	26.14	-19.06	-14.97
Net Income, 2 Yr. CAGR %	385.99	16.68	26.14	-19.06	-14.97
Normalized Net Income, 2 Yr. CAGR %	317.35	7.35	10.74	-17.22	-1.68
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	26.36	-28.02	-26.62
Accounts Receivable, 2 Yr. CAGR %	8.61K	194.73	46.4	40.11	9.76
Inventory, 2 Yr. CAGR %	60.1	71.63	52.57	33.12	55.2
Net Property, Plant and Equip., 2 Yr. CAGR %	40.34	65.51	47.7	40.14	81.85
Total Assets, 2 Yr. CAGR %	82.92	102.93	34.56	114.65	91.8
Tangible Book Value, 2 Yr. CAGR %	390.29	132.09	31.86	136.25	111.57
Common Equity, 2 Yr. CAGR %	434.34	148.14	27.26	123.66	102.16
Cash From Operations, 2 Yr. CAGR %	26.85	42.95	-10.53	-56.82	107.87
Capital Expenditures, 2 Yr. CAGR %	164.71	48.49	-39.62	57.11	118.21
Levered Free Cash Flow, 2 Yr. CAGR %	-	-48.06	-36.79	479.35	-17.46
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-46.67	-37.18	496.29	-16.06
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	-47.1
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	475.9	26.01	17.41	23.56
Gross Profit, 3 Yr. CAGR %	-	458.55	25.4	15.73	14.5
EBITDA, 3 Yr. CAGR %	-	452.92	6.55	-17.39	-7.77
EBITA, 3 Yr. CAGR %	-	202.5	3.47	-26.71	-14.77
EBIT, 3 Yr. CAGR %	-	200.28	2.97	-27.65	-14.77
Earnings From Cont. Operations, 3 Yr. CAGR %	-	224.81	14.29	-1.67	-7.44
Net Income, 3 Yr. CAGR %	-	224.81	14.29	-1.67	-7.44
Normalized Net Income, 3 Yr. CAGR %	-	177.77	4.73	-5.53	-1.24
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-8.96	-16.11
Accounts Receivable, 3 Yr. CAGR %	-	2.14K	132.68	42.63	20.44
Inventory, 3 Yr. CAGR %	-	61.47	61.03	42.77	50.58
Net Property, Plant and Equip., 3 Yr. CAGR %	-	52.87	48.8	52.73	58.44
Total Assets, 3 Yr. CAGR %	-	65.85	76.19	84.52	69.68
Tangible Book Value, 3 Yr. CAGR %	-	218.86	90.79	95.98	79.37
Common Equity, 3 Yr. CAGR %	-	233.39	97.32	86.55	72.13
Cash From Operations, 3 Yr. CAGR %	-	19.05	15.97	-41.96	48.85
Capital Expenditures, 3 Yr. CAGR %	-	30.7	36.14	-7.7	75.96
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	62.82	-5.71	121.72
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	68.96	-6.12	128.62
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	194.56	26.89
Gross Profit, 5 Yr. CAGR %	-	-	-	186.27	20.71
EBITDA, 5 Yr. CAGR %	-	-	-	137.6	-1.69
EBITA, 5 Yr. CAGR %	-	-	-	54.31	-7.01
EBIT, 5 Yr. CAGR %	-	-	-	52.89	-7.42
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	86.32	1.54
Net Income, 5 Yr. CAGR %	-	-	-	86.32	1.54
Normalized Net Income, 5 Yr. CAGR %	-	-	-	71.15	2.11
Accounts Receivable, 5 Yr. CAGR %	-	-	-	638.76	72.28
Inventory, 5 Yr. CAGR %	-	-	-	49.47	58.67
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	47.65	61.23
Total Assets, 5 Yr. CAGR %	-	-	-	83.87	82.27
Tangible Book Value, 5 Yr. CAGR %	-	-	-	182.82	98.84
Common Equity, 5 Yr. CAGR %	-	-	-	184.19	99.24
Cash From Operations, 5 Yr. CAGR %	-	-	-	-20.65	46.46
Capital Expenditures, 5 Yr. CAGR %	-	-	-	40.68	64.41
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	24.08
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	27.72