Revenue: CNY 265,475,502; YoY change: -5.29%; QoQ change: 0.00%
Gross Profit: CNY 91,198,407; Gross Margin: 34.35%; YoY gross profit change: -6.59%; QoQ: 0.00%
EBITDA: CNY 20,262,480; EBITDA Margin: 7.63%
Operating Income: CNY 15,579,512; Operating Margin: 5.87%
Total Other Income/Expenses: net -CNY 3,138,354
Income Before Tax: CNY 12,441,158; Pre-tax Margin: 4.69%
Income Tax Expense: CNY 2,459,320
Net Income: CNY 9,981,838; Net Margin: 3.76%
EPS: CNY 0.0748; Weighted Avg Shares: 133,400,662
Balance Sheet Highlights: Cash & Cash Equivalents: CNY 106,457,075; Cash & Short-Term Investments: CNY 107,102,985; Total Current Assets: CNY 655,385,875; Total Assets: CNY 819,550,761; Total Liabilities: CNY 543,274,312; Total Equity: CNY 276,276,449; Net Debt: CNY 56,227,358
Liquidity & Leverage: Current Ratio 1.25; Quick Ratio 0.72; Cash Ratio 0.20; Debt to Asset 0.199; Debt to Equity 0.589; Total Debt: CNY 162,684,433
Efficiency: Asset Turnover 0.324; Inventory Turnover 0.626; Receivables Turnover 1.104; DSO 81.5 days; DIO 143.7 days; DPO 111.6 days; Cash Conversion Cycle 113.6 days
Valuation: P/E 2.98; P/B 0.431; P/S 0.448; EV/EBITDA 8.65; Price to Cash Flow not disclosed; Dividend Yield 0%
The figures indicate a company with stable profitability amidst a declining top line, solid liquidity, and modest leverage. The market appears to price the stock modestly, given a low P/E and P/S versus some peers, but valuation remains sensitive to any near-term acceleration in top-line growth or margin expansion.