Qingdao Gaoce Technology Co., Ltd / Fundamentals

    Income statement

    Net revenue
    €396.89M
    Cost of goods sold
    €357.34M
    Gross profit
    €39.54M
    SG&A expenses
    €14.73M
    R&D expenses
    €17.55M
    EBITDA
    -€54.99M
    D&A
    €0.65
    EBIT
    -€63.45M
    Interest expenses
    €6.45M
    EBT
    -€62.56M
    Tax expenses
    -€13.49M
    Net income
    -€49.57M

    Cash flow statement

    Net deferred tax
    €0.00
    Non-cash items
    -€46.64M
    Changes in working capital
    €0.00
    Operating cash flow
    -€54.80M
    Capex
    €24.67M
    Other investing cash flow
    €9.87K
    Net investing cash flow
    €79.07M
    Total cash dividends paid
    -€38.50M
    Issuance of common stock
    €0.00
    Debt repayment
    €90.64M
    Other financing cash flow
    -€4.91M
    Net financing cash flow
    €47.23M
    Foreign exchange effects
    -€125.85K
    Net change in cash
    -€6.83M
    Cash at end of period
    €57.00M
    Free cash flow
    -€30.13M

    Balance sheet

    Cash and cash equivalents
    €59.48M
    Cash and short-term investments
    €62.87M
    Total receivables
    €349.10M
    Inventory
    €92.53M
    Other current assets
    €27.29M
    Total current assets
    €531.79M
    Property, plant & equipment
    €281.36M
    Goodwill
    €0.00
    Intangible assets
    €6.50M
    Long-term investments
    €0.00
    Other non-current assets
    €39.73M
    Total non-current assets
    €362.99M
    Total assets
    €894.78M
    Accounts payable
    €111.39M
    Short-term debt
    €22.16M
    Other current liabilities
    €98.81M
    Total current liabilities
    €235.28M
    Long-term debt
    €225.04M
    Deferred tax liabilities
    €0.00
    Other non-current liabilities
    €462.85K
    Total non-current liabilities
    €236.25M
    Total liabilities
    €471.53M
    Common stock
    €92.64M
    Retained earnings
    €167.61M
    Other equity
    €0.00
    Total equity
    €423.25M
    Total liabilities and shareholders' equity
    €894.78M

    Company information

    Market capitalization
    €467.10M
    Employees
    2.9K
    Enterprise Value
    €6.71B

    Company ratios

    Gross margin
    10.0% Much worse than peer group: 31.5%
    EBITDA margin
    -13.9% Much worse than peer group: 20.7%
    EBIT margin
    -16.0% Much worse than peer group: 16.0%
    EBT margin
    -15.8% Much worse than peer group: 17.6%
    Net margin
    -12.5% Much worse than peer group: 15.2%
    ROE
    -11.7% Much worse than peer group: 12.2%
    ROA
    -5.5% Worse than peer group: 6.9%
    Asset turnover
    44.4% Even with peer group: 39.6%
    FCF margin
    -20.0% Worse than peer group: -10.0%
    FCF yield
    -17.0%
    Efficiency ratio
    113.9%
    Net sales per employee
    €135.55K
    Net income per employee
    -€16.93K

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