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Year on year Zhejiang Tiancheng Controls Co Ltd had revenues remain flat at 1.42bn, though the company grew net income from a loss of 273.24m to a gain of 14.17m. A reduction in the cost of goods sold as a percentage of sales from 87.23% to 80.04% was a component in the net income growth despite flat revenues.
Gross margin | 17.79% |
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Net profit margin | 1.23% |
Operating margin | 1.28% |
Return on assets | 0.83% |
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Return on equity | 2.59% |
Return on investment | 1.67% |
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Cash flow in CNYView more
In 2023, cash reserves at Zhejiang Tiancheng Controls Co Ltd fell by 54.92m. Cash Flow from Financing totalled 63.79m or 4.47% of revenues. In addition the company generated 50.06m in cash from operations while cash used for investing totalled 165.36m.
Cash flow per share | -- |
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Price/Cash flow per share | -- |
Book value per share | 2.26 |
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Tangible book value per share | 1.77 |
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Balance sheet in CNYView more
Current ratio | 0.9624 |
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Quick ratio | 0.6533 |
Total debt/total equity | 1.37 |
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Total debt/total capital | 0.5784 |
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