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China Ludao Technology Co. Ltd. (2023) Ratios
China Ludao Technology Co. Ltd. Ratios
HK:2023's free cash flow for Q2 2026 was $1.61M. For the 2026 fiscal year, HK:2023's free cash flow was decreased by $-6.53M and operating cash flow was $8.14M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.71 | 0.72 | 0.77 | 1.41 | 0.74 |
| Quick Ratio | 0.65 | 0.66 | 0.69 | 1.22 | 0.62 |
| Cash Ratio | 0.13 | 0.03 | 0.05 | 0.19 | 0.05 |
| Solvency Ratio | 0.05 | 0.05 | 0.06 | 0.04 | 0.08 |
| Operating Cash Flow Ratio | -0.07 | 0.20 | 0.05 | 0.16 | 0.01 |
| Short-Term Operating Cash Flow Coverage | -0.17 | 0.56 | 0.08 | 0.32 | 0.02 |
| Net Current Asset Value | $ -577.57M | $ -564.62M | $ -480.19M | $ -399.12M | $ -203.63M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.37 | 0.38 | 0.51 | 0.56 | 0.39 |
| Debt-to-Equity Ratio | 1.18 | 1.43 | 1.74 | 1.71 | 0.95 |
| Debt-to-Capital Ratio | 0.54 | 0.59 | 0.64 | 0.63 | 0.49 |
| Long-Term Debt-to-Capital Ratio | 0.28 | 0.38 | 0.43 | 0.56 | 0.16 |
| Financial Leverage Ratio | 3.23 | 3.79 | 3.39 | 3.09 | 2.47 |
| Debt Service Coverage Ratio | 0.17 | 0.17 | 0.18 | 0.18 | 0.16 |
| Interest Coverage Ratio | 71.63 | 7.36 | 5.15 | 2.83 | 3.41 |
| Debt to Market Cap | 1.98 | 1.31 | 1.72 | 1.40 | 0.78 |
| Interest Debt Per Share | 1.44 | 1.32 | 1.47 | 1.33 | 0.77 |
| Net Debt to EBITDA | 5.72 | 9.00 | 8.96 | 20.00 | 6.32 |
| Profitability Margins | |||||
| Gross Profit Margin | 13.56% | 15.64% | 18.86% | 15.59% | 26.99% |
| EBIT Margin | 7.50% | 6.21% | 8.49% | 3.46% | 8.81% |
| EBITDA Margin | 8.90% | 7.46% | 10.77% | 5.50% | 11.17% |
| Operating Profit Margin | 6.84% | 7.05% | 8.35% | 7.23% | 12.52% |
| Pretax Profit Margin | 6.67% | 6.49% | 6.87% | 4.63% | 8.41% |
| Net Profit Margin | 5.03% | 5.66% | 6.17% | 4.17% | 7.40% |
| Continuous Operations Profit Margin | 5.03% | 5.66% | 6.17% | 4.12% | 7.40% |
| Net Income Per EBT | 75.44% | 87.19% | 89.86% | 90.24% | 87.97% |
| EBT Per EBIT | 97.47% | 92.04% | 82.31% | 64.02% | 67.13% |
| Return on Assets (ROA) | 2.92% | 3.03% | 3.14% | 1.94% | 3.77% |
| Return on Equity (ROE) | 9.41% | 11.48% | 10.65% | 5.99% | 9.33% |
| Return on Capital Employed (ROCE) | 8.63% | 8.57% | 7.96% | 4.38% | 12.97% |
| Return on Invested Capital (ROIC) | 4.26% | 5.04% | 4.64% | 3.83% | 9.57% |
| Return on Tangible Assets | 2.92% | 3.03% | 3.14% | 1.94% | 3.77% |
| Earnings Yield | 15.92% | 10.89% | 10.63% | 5.24% | 7.72% |
| Efficiency Ratios | |||||
| Receivables Turnover | 4.10 | 3.91 | 3.64 | 4.43 | 4.92 |
| Payables Turnover | 2.35 | 2.31 | 2.88 | 5.25 | 2.36 |
| Inventory Turnover | 15.40 | 13.28 | 11.77 | 9.04 | 6.12 |
| Fixed Asset Turnover | 0.99 | 1.03 | 1.01 | 0.91 | 1.45 |
| Asset Turnover | 0.58 | 0.54 | 0.51 | 0.46 | 0.51 |
| Working Capital Turnover Ratio | -3.96 | -4.36 | -35.27 | -77.22 | -3.71 |
| Cash Conversion Cycle | -42.44 | -37.32 | 4.41 | 53.13 | -21.02 |
| Days of Sales Outstanding | 89.06 | 93.24 | 100.21 | 82.30 | 74.17 |
| Days of Inventory Outstanding | 23.70 | 27.48 | 31.00 | 40.37 | 59.67 |
| Days of Payables Outstanding | 155.20 | 158.04 | 126.80 | 69.55 | 154.85 |
| Operating Cycle | 112.76 | 120.72 | 131.21 | 122.67 | 133.84 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | -0.16 | 0.39 | 0.06 | 0.09 | 0.01 |
| Free Cash Flow Per Share | -0.27 | 0.18 | -0.16 | -0.24 | -0.25 |
| Dividend Paid and CapEx Coverage Ratio | -1.33 | 1.84 | 0.27 | 0.26 | 0.05 |
| Capital Expenditure Coverage Ratio | -1.33 | 1.84 | 0.27 | 0.26 | 0.05 |
| Operating Cash Flow Coverage Ratio | -0.11 | 0.30 | 0.04 | 0.07 | 0.02 |
| Operating Cash Flow to Sales Ratio | -0.07 | 0.21 | 0.04 | 0.08 | 0.01 |
| Free Cash Flow Yield | -38.03% | 18.52% | -19.57% | -28.18% | -27.26% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 6.53 | 9.18 | 9.41 | 19.07 | 12.96 |
| Price-to-Sales (P/S) Ratio | 0.32 | 0.52 | 0.58 | 0.80 | 0.96 |
| Price-to-Book (P/B) Ratio | 0.59 | 1.05 | 1.00 | 1.14 | 1.21 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -2.63 | 5.40 | -5.11 | -3.55 | -3.67 |
| Price-to-Operating Cash Flow Ratio | -4.61 | 2.46 | 13.66 | 10.17 | 70.94 |
| Price-to-Earnings Growth (PEG) Ratio | 0.65 | 0.71 | 0.10 | -0.51 | -1.05 |
| Enterprise Value Multiple | 9.27 | 15.96 | 14.35 | 34.48 | 14.90 |
| Enterprise Value | 922.63M | 1.08B | 1.09B | 1.01B | 792.74M |
| EV to EBITDA | 9.27 | 15.96 | 14.35 | 34.48 | 14.90 |
| EV to Sales | 0.82 | 1.19 | 1.55 | 1.90 | 1.66 |
| EV to Free Cash Flow | -6.86 | 12.37 | -13.60 | -8.45 | -6.37 |
| EV to Operating Cash Flow | -12.04 | 5.63 | 36.37 | 24.20 | 123.17 |
| Tangible Book Value Per Share | 1.23 | 0.91 | 0.83 | 0.76 | 0.77 |
| Shareholders’ Equity Per Share | 1.22 | 0.91 | 0.83 | 0.76 | 0.77 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.25 | 0.13 | 0.10 | 0.11 | 0.12 |
| Revenue Per Share | 2.27 | 1.84 | 1.44 | 1.09 | 0.97 |
| Net Income Per Share | 0.11 | 0.10 | 0.09 | 0.05 | 0.07 |
| Tax Burden | 0.75 | 0.87 | 0.90 | 0.90 | 0.88 |
| Interest Burden | 0.89 | 1.04 | 0.81 | 1.34 | 0.95 |
| Research & Development to Revenue | 0.02 | 0.03 | 0.00 | 0.04 | 0.04 |
| SG&A to Revenue | 0.09 | 0.10 | 0.08 | 0.10 | 0.14 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | -1.40 | 3.26 | 0.62 | 1.88 | 0.18 |
Currency in CNY