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Year on year Asiaray Media Group Ltd had relatively flat revenues (1.65bn to 1.61bn), though the company grew net income from a loss of 112.66m to a smaller loss of 19.70m. A reduction in the cost of goods sold as a percentage of sales from 83.72% to 78.13% was a component in the net income growth despite flat revenues.
Gross margin | 24.74% |
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Net profit margin | -1.39% |
Operating margin | 5.23% |
Return on assets | -0.71% |
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Return on equity | -28.77% |
Return on investment | -1.44% |
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Cash flow in CNYView more
In 2023, Asiaray Media Group Ltd increased its cash reserves by 10.18%, or 33.92m. The company earned 675.87m from its operations for a Cash Flow Margin of 42.01%. In addition the company used 11.77m on investing activities and also paid 634.29m in financing cash flows.
Cash flow per share | 1.32 |
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Price/Cash flow per share | 0.7232 |
Book value per share | 0.2422 |
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Tangible book value per share | 0.2185 |
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Balance sheet in CNYView more
Current ratio | 0.8213 |
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Quick ratio | 0.7699 |
Total debt/total equity | 19.27 |
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Total debt/total capital | 0.899 |
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