Tao Heung Holdings Limited (BVI) Ratios
Tao Heung Holdings Limited Ratios
DE:BVI's free cash flow for Q2 2026 was $94.25M. For the 2026 fiscal year, DE:BVI's free cash flow was decreased by $-33.18M and operating cash flow was $127.44M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.99 | 1.04 | 1.13 | 0.88 | 1.14 |
| Quick Ratio | 0.80 | 0.81 | 0.90 | 0.69 | 0.94 |
| Cash Ratio | 0.45 | 0.43 | 0.60 | 0.40 | 0.65 |
| Solvency Ratio | 0.30 | 0.38 | 0.47 | 0.23 | 0.32 |
| Operating Cash Flow Ratio | 0.59 | 0.47 | 0.91 | 0.40 | 0.62 |
| Short-Term Operating Cash Flow Coverage | 19.11 | 10.95 | 13.86 | 2.43 | 2.81 |
| Net Current Asset Value | $ -302.84M | $ -200.13M | $ -284.68M | $ -447.06M | $ -366.18M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.23 | 0.22 | 0.25 | 0.28 | 0.29 |
| Debt-to-Equity Ratio | 0.41 | 0.36 | 0.44 | 0.52 | 0.52 |
| Debt-to-Capital Ratio | 0.29 | 0.26 | 0.31 | 0.34 | 0.34 |
| Long-Term Debt-to-Capital Ratio | 0.02 | 0.03 | 0.04 | 0.00 | 0.00 |
| Financial Leverage Ratio | 1.73 | 1.65 | 1.78 | 1.86 | 1.80 |
| Debt Service Coverage Ratio | 7.42 | 7.53 | 7.57 | 1.96 | 2.11 |
| Interest Coverage Ratio | -2.29 | -3.17 | 3.44 | -9.64 | -2.20 |
| Debt to Market Cap | 0.10 | 0.12 | 0.11 | 0.12 | 0.17 |
| Interest Debt Per Share | 0.45 | 0.42 | 0.56 | 0.66 | 0.82 |
| Net Debt to EBITDA | 0.90 | 0.61 | 0.39 | 1.51 | 0.80 |
| Profitability Margins | |||||
| Gross Profit Margin | 6.53% | 5.49% | 11.04% | -0.95% | 6.91% |
| EBIT Margin | -1.65% | -0.63% | 4.90% | -5.53% | 0.15% |
| EBITDA Margin | 10.92% | 12.84% | 17.22% | 10.32% | 14.37% |
| Operating Profit Margin | -1.66% | -2.42% | 2.89% | -10.85% | -2.38% |
| Pretax Profit Margin | -1.75% | -1.42% | 4.06% | -6.55% | -0.64% |
| Net Profit Margin | -2.58% | -2.18% | 2.50% | -5.96% | -0.75% |
| Continuous Operations Profit Margin | -2.53% | -1.89% | 2.90% | -5.70% | -0.67% |
| Net Income Per EBT | 147.91% | 153.00% | 61.51% | 90.97% | 117.27% |
| EBT Per EBIT | 105.11% | 58.87% | 140.35% | 60.39% | 26.85% |
| Return on Assets (ROA) | -3.19% | -2.82% | 3.37% | -6.30% | -0.77% |
| Return on Equity (ROE) | -5.52% | -4.64% | 5.97% | -11.72% | -1.39% |
| Return on Capital Employed (ROCE) | -2.75% | -4.26% | 5.29% | -16.16% | -3.34% |
| Return on Invested Capital (ROIC) | -2.45% | -3.69% | 3.33% | -11.86% | -2.83% |
| Return on Tangible Assets | -3.25% | -2.87% | 3.42% | -6.52% | -0.80% |
| Earnings Yield | -18.47% | -11.97% | 9.55% | -15.51% | -2.30% |
| Efficiency Ratios | |||||
| Receivables Turnover | 40.97 | 53.00 | 52.69 | 51.50 | 49.38 |
| Payables Turnover | 18.00 | 25.52 | 19.71 | 19.04 | 21.27 |
| Inventory Turnover | 23.94 | 19.49 | 19.73 | 19.19 | 17.43 |
| Fixed Asset Turnover | 1.99 | 2.18 | 2.32 | 1.70 | 1.73 |
| Asset Turnover | 1.23 | 1.29 | 1.35 | 1.06 | 1.03 |
| Working Capital Turnover Ratio | 260.85 | 51.51 | -1170.38 | 172.48 | 21.77 |
| Cash Conversion Cycle | 3.88 | 11.32 | 6.91 | 6.94 | 11.17 |
| Days of Sales Outstanding | 8.91 | 6.89 | 6.93 | 7.09 | 7.39 |
| Days of Inventory Outstanding | 15.25 | 18.73 | 18.50 | 19.02 | 20.94 |
| Days of Payables Outstanding | 20.28 | 14.30 | 18.52 | 19.17 | 17.16 |
| Operating Cycle | 24.16 | 25.62 | 25.42 | 26.11 | 28.33 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 0.28 | 0.23 | 0.52 | 0.26 | 0.45 |
| Free Cash Flow Per Share | 0.20 | 0.16 | 0.42 | 0.17 | 0.32 |
| Dividend Paid and CapEx Coverage Ratio | 3.65 | 2.23 | 3.28 | 1.67 | 2.43 |
| Capital Expenditure Coverage Ratio | 3.65 | 3.14 | 5.29 | 2.69 | 3.61 |
| Operating Cash Flow Coverage Ratio | 0.64 | 0.58 | 0.96 | 0.42 | 0.57 |
| Operating Cash Flow to Sales Ratio | 0.12 | 0.10 | 0.18 | 0.11 | 0.16 |
| Free Cash Flow Yield | 63.33% | 36.10% | 55.05% | 18.16% | 35.49% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | -5.41 | -8.36 | 10.47 | -6.45 | -43.56 |
| Price-to-Sales (P/S) Ratio | 0.14 | 0.18 | 0.26 | 0.38 | 0.33 |
| Price-to-Book (P/B) Ratio | 0.30 | 0.39 | 0.63 | 0.76 | 0.61 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 1.58 | 2.77 | 1.82 | 5.51 | 2.82 |
| Price-to-Operating Cash Flow Ratio | 1.15 | 1.89 | 1.47 | 3.46 | 2.04 |
| Price-to-Earnings Growth (PEG) Ratio | -0.40 | 0.05 | -0.07 | -0.01 | 0.69 |
| Enterprise Value Multiple | 2.18 | 2.03 | 1.91 | 5.23 | 3.08 |
| Enterprise Value | 551.52M | 632.04M | 969.57M | 1.30B | 1.25B |
| EV to EBITDA | 2.18 | 2.03 | 1.91 | 5.23 | 3.08 |
| EV to Sales | 0.24 | 0.26 | 0.33 | 0.54 | 0.44 |
| EV to Free Cash Flow | 2.68 | 3.97 | 2.28 | 7.73 | 3.82 |
| EV to Operating Cash Flow | 1.95 | 2.70 | 1.85 | 4.86 | 2.76 |
| Tangible Book Value Per Share | 1.05 | 1.10 | 1.20 | 1.15 | 1.44 |
| Shareholders’ Equity Per Share | 1.07 | 1.12 | 1.22 | 1.20 | 1.50 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | -0.45 | -0.33 | 0.29 | 0.13 | -0.05 |
| Revenue Per Share | 2.29 | 2.39 | 2.91 | 2.37 | 2.79 |
| Net Income Per Share | -0.06 | -0.05 | 0.07 | -0.14 | -0.02 |
| Tax Burden | 1.48 | 1.53 | 0.62 | 0.91 | 1.17 |
| Interest Burden | 1.06 | 2.24 | 0.83 | 1.18 | -4.31 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.08 | 0.08 | 0.06 | 0.06 | 0.06 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | -4.72 | -4.43 | 4.37 | -1.86 | -21.38 |
Currency in HKD
