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Year on year Reach New Holdings Ltd 's net income fell 220.84% from a loss of6.74m to a larger loss of 21.63m despite relatively flat revenues. A contributing factor has been the increase in the cost of goods sold, selling, general and administrative expenses and interest paid (all as a percent of sales).
Gross margin | 25.65% |
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Net profit margin | -37.32% |
Operating margin | -36.95% |
Return on assets | -48.21% |
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Return on equity | -64.45% |
Return on investment | -62.40% |
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Cash flow in CNYView more
In 2023, cash reserves at Reach New Holdings Ltd fell by 15.09m. Cash Flow from Financing was negative, which signals that this company did not need to attract significant financing from outside sources. In addition the company used 13.70m for operations while cash used for investing totalled 1.03m.
Cash flow per share | -0.0077 |
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Price/Cash flow per share | -- |
Book value per share | 0.0365 |
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Tangible book value per share | 0.0365 |
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Balance sheet in CNYView more
Current ratio | 3.30 |
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Quick ratio | 3.13 |
Total debt/total equity | 0.1155 |
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Total debt/total capital | 0.1036 |
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