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Zero2IPO Holdings, Inc. (1945) Ratios
Zero2IPO Holdings, Inc. Ratios
HK:1945's free cash flow for Q2 2026 was $-32.06M. For the 2026 fiscal year, HK:1945's free cash flow was decreased by $-1.11M and operating cash flow was $-30.95M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 2.06 | 4.51 | 4.60 | 3.84 | 4.97 |
| Quick Ratio | 2.06 | 4.51 | 4.86 | 4.51 | 5.98 |
| Cash Ratio | 0.26 | 0.54 | 0.76 | 0.83 | 3.51 |
| Solvency Ratio | 0.18 | 0.08 | 0.21 | 0.18 | 0.18 |
| Operating Cash Flow Ratio | 0.12 | 0.05 | 0.15 | 0.05 | 0.30 |
| Short-Term Operating Cash Flow Coverage | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Current Asset Value | $ 440.98M | $ 402.47M | $ 454.68M | $ 441.66M | $ 470.62M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.05 | 0.08 | 0.06 | 0.06 | 0.02 |
| Debt-to-Equity Ratio | 0.09 | 0.11 | 0.08 | 0.08 | 0.03 |
| Debt-to-Capital Ratio | 0.08 | 0.10 | 0.07 | 0.08 | 0.03 |
| Long-Term Debt-to-Capital Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial Leverage Ratio | 1.78 | 1.31 | 1.30 | 1.39 | 1.26 |
| Debt Service Coverage Ratio | 20.81 | -5.71 | 19.94 | 37.80 | 22.95 |
| Interest Coverage Ratio | 38.33 | 1.81 | 2.74 | 18.94 | 16.46 |
| Debt to Market Cap | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Debt Per Share | 0.19 | 0.22 | 0.15 | 0.15 | 0.05 |
| Net Debt to EBITDA | -1.03 | 1.46 | -1.37 | -2.27 | -13.09 |
| Profitability Margins | |||||
| Gross Profit Margin | 46.61% | 34.80% | 39.92% | 43.96% | 47.68% |
| EBIT Margin | 16.23% | -3.73% | 9.62% | 11.20% | 9.21% |
| EBITDA Margin | 25.73% | -2.19% | 18.27% | 19.08% | 15.20% |
| Operating Profit Margin | 35.55% | 1.47% | 2.22% | 8.63% | 8.63% |
| Pretax Profit Margin | 36.95% | 8.86% | 8.81% | 10.74% | 8.68% |
| Net Profit Margin | 30.36% | 6.31% | 6.76% | 9.22% | 5.52% |
| Continuous Operations Profit Margin | 30.52% | 6.41% | 6.72% | 8.90% | 5.52% |
| Net Income Per EBT | 82.17% | 71.15% | 76.78% | 85.89% | 63.52% |
| EBT Per EBIT | 103.92% | 602.22% | 396.56% | 124.39% | 100.60% |
| Return on Assets (ROA) | 6.18% | 1.59% | 2.18% | 2.67% | 1.78% |
| Return on Equity (ROE) | 11.03% | 2.09% | 2.84% | 3.71% | 2.25% |
| Return on Capital Employed (ROCE) | 12.08% | 0.45% | 0.88% | 3.22% | 3.43% |
| Return on Invested Capital (ROIC) | 9.65% | 0.31% | 0.65% | 2.61% | 2.13% |
| Return on Tangible Assets | 6.19% | 1.60% | 2.19% | 2.68% | 1.79% |
| Earnings Yield | 17.55% | 2.99% | 5.27% | 2.54% | 1.19% |
| Efficiency Ratios | |||||
| Receivables Turnover | 11.85 | 10.85 | 6.75 | 3.12 | 4.76 |
| Payables Turnover | 67.77 | 35.85 | 31.92 | 19.41 | 80.39 |
| Inventory Turnover | 43.98 | 0.00 | -4.06 | -1.07 | -0.89 |
| Fixed Asset Turnover | 4.01 | 2.87 | 5.25 | 4.08 | 8.95 |
| Asset Turnover | 0.20 | 0.25 | 0.32 | 0.29 | 0.32 |
| Working Capital Turnover Ratio | 0.49 | 0.41 | 0.49 | 0.46 | 0.46 |
| Cash Conversion Cycle | 33.70 | 23.47 | -47.35 | -241.85 | -339.21 |
| Days of Sales Outstanding | 30.79 | 33.65 | 54.05 | 116.81 | 76.61 |
| Days of Inventory Outstanding | 8.30 | 0.00 | -89.97 | -339.86 | -411.28 |
| Days of Payables Outstanding | 5.39 | 10.18 | 11.43 | 18.80 | 4.54 |
| Operating Cycle | 39.09 | 33.65 | -35.92 | -223.05 | -334.67 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 0.18 | 0.02 | 0.07 | 0.03 | 0.12 |
| Free Cash Flow Per Share | 0.16 | 0.02 | 0.05 | 0.03 | 0.11 |
| Dividend Paid and CapEx Coverage Ratio | 11.85 | 4.62 | 5.03 | 10.14 | 14.61 |
| Capital Expenditure Coverage Ratio | 11.85 | 4.62 | 5.03 | 10.14 | 14.61 |
| Operating Cash Flow Coverage Ratio | 0.98 | 0.10 | 0.47 | 0.19 | 2.57 |
| Operating Cash Flow to Sales Ratio | 0.23 | 0.03 | 0.09 | 0.04 | 0.17 |
| Free Cash Flow Yield | 12.28% | 1.21% | 5.47% | 0.98% | 3.48% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 5.74 | 33.45 | 18.98 | 39.40 | 84.38 |
| Price-to-Sales (P/S) Ratio | 1.73 | 2.11 | 1.28 | 3.63 | 4.65 |
| Price-to-Book (P/B) Ratio | 0.63 | 0.70 | 0.54 | 1.46 | 1.89 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 8.14 | 82.48 | 18.29 | 101.96 | 28.71 |
| Price-to-Operating Cash Flow Ratio | 7.45 | 64.64 | 14.65 | 91.90 | 26.75 |
| Price-to-Earnings Growth (PEG) Ratio | 0.01 | -1.39 | -0.96 | 0.52 | -1.22 |
| Enterprise Value Multiple | 5.69 | -94.76 | 5.66 | 16.78 | 17.52 |
| Enterprise Value | 339.91M | 399.88M | 246.54M | 706.25M | 553.84M |
| EV to EBITDA | 5.69 | -94.76 | 5.66 | 16.78 | 17.52 |
| EV to Sales | 1.47 | 2.08 | 1.03 | 3.20 | 2.66 |
| EV to Free Cash Flow | 6.90 | 81.23 | 14.73 | 89.78 | 16.43 |
| EV to Operating Cash Flow | 6.31 | 63.65 | 11.80 | 80.93 | 15.31 |
| Tangible Book Value Per Share | 2.09 | 1.89 | 1.84 | 1.75 | 1.64 |
| Shareholders’ Equity Per Share | 2.10 | 1.90 | 1.85 | 1.77 | 1.65 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.17 | 0.28 | 0.24 | 0.17 | 0.36 |
| Revenue Per Share | 0.76 | 0.63 | 0.78 | 0.71 | 0.67 |
| Net Income Per Share | 0.23 | 0.04 | 0.05 | 0.07 | 0.04 |
| Tax Burden | 0.82 | 0.71 | 0.77 | 0.86 | 0.64 |
| Interest Burden | 2.28 | -2.38 | 0.92 | 0.96 | 0.94 |
| Research & Development to Revenue | 0.04 | 0.08 | 0.07 | 0.09 | 0.08 |
| SG&A to Revenue | 0.29 | 0.32 | 0.23 | 0.19 | 0.27 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 |
| Income Quality | 0.78 | 0.37 | 1.30 | 0.37 | 2.00 |
Currency in CNY