Cash flow Dragon Rise Group Holdings Limited

Stocks

6829

KYG2831B1178

Construction & Engineering

Market Closed - Hong Kong S.E. 06:08:04 29/09/26 pm AEST			5-day change	1st Jan Change
2.900 ^HKD	+0.69%		+5.65%	-2.68%

29/06	Dragon Rise Group Holdings Limited Reports Earnings Results for the Full Year Ended March 31, 2026	CI
22/05	Dragon Rise Exploring Partnership to Promote Battery Swapping	MT

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Published financial data: DRAGON RISE GROUP HOLDINGS LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (HKD)	2023 (HKD)	2024 (HKD)	2025 (HKD)	2026 (HKD)
Revenues	614M	786M	946M	1.31B	930M
Total Revenues	614M	786M	946M	1.31B	930M
Cost of Goods Sold, Total	594M	762M	906M	1.27B	867M
Gross Profit	19.37M	24.2M	39.46M	48.31M	63.13M
Selling General & Admin Expenses, Total	18.18M	21.21M	26.51M	34.22M	45.33M
Provision for Bad Debts	-336K	74K	3.73M	-246K	-3.1M
Depreciation & Amortization - (IS)	783K	817K	1.25M	2.61M	13.2M
Other Operating Expenses, Total	18.62M	22.1M	31.49M	36.59M	55.42M
Operating Income	752K	2.1M	7.97M	11.72M	7.71M
Interest Expense, Total	-547K	-186K	-1M	-3.45M	-1.91M
Interest And Investment Income	364K	722K	1.46M	955K	504K
Net Interest Expenses	-183K	536K	457K	-2.49M	-1.4M
Currency Exchange Gains (Loss)	584K	-1.26M	-978K	-353K	1.29M
Other Non Operating Income (Expenses)	796K	156K	-86K	1.55M	2.26M
EBT, Excl. Unusual Items	1.95M	1.53M	7.36M	10.42M	9.85M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	250K	97K
Asset Writedown	70K	-310K	-570K	-170K	90K
Other Unusual Items	-	7.82M	-	-	-
EBT, Incl. Unusual Items	2.02M	9.04M	6.79M	10.5M	10.04M
Income Tax Expense	-5.41M	1.12M	2.63M	3.35M	5.97M
Earnings From Continuing Operations	7.43M	7.92M	4.17M	7.15M	4.07M
Net Income to Company	7.43M	7.92M	4.17M	7.15M	4.07M
Minority Interest	-	-	20K	1.88M	11.59M
Net Income - (IS)	7.43M	7.92M	4.19M	9.03M	15.65M
Net Income to Common Incl Extra Items	7.43M	7.92M	4.19M	9.03M	15.65M
Net Income to Common Excl. Extra Items	7.43M	7.92M	4.19M	9.03M	15.65M
Per Share Items
Net EPS - Basic	0.06	0.07	0.03	0.04	0.05
Basic EPS - Continuing Operations	0.06	0.07	0.03	0.04	0.05
Basic Weighted Average Shares Outstanding	120M	120M	120M	227M	288M
Net EPS - Diluted	0.06	0.07	0.03	0.04	0.05
Diluted EPS - Continuing Operations	0.06	0.07	0.03	0.04	0.05
Diluted Weighted Average Shares Outstanding	120M	120M	120M	227M	288M
Normalized Basic EPS	0.01	0.01	0.04	0.04	0.06
Normalized Diluted EPS	0.01	0.01	0.04	0.04	0.06
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	18.77M	23M	25.37M	20.74M	14.74M
EBITA	752K	2.1M	7.97M	11.72M	7.71M
EBIT	752K	2.1M	7.97M	11.72M	7.71M
EBITDAR	-	50.36M	49.61M	43.78M	33.02M
Effective Tax Rate - (Ratio)	-268.05	12.35	38.65	31.91	59.48
Current Domestic Taxes	-	-	-	4.19M	6.17M
Current Foreign Taxes	-	-	-	-	-
Total Current Taxes	-	-	1.61M	4.19M	6.17M
Deferred Domestic Taxes	-5.41M	1.12M	1.01M	-836K	-201K
Deferred Foreign Taxes	-	-	-	-	-
Total Deferred Taxes	-5.41M	1.12M	1.01M	-836K	-201K
Normalized Net Income	1.22M	958K	4.62M	8.4M	17.74M
Interest on Long-Term Debt	18K	40K	79K	265K	639K
Supplemental Operating Expense Items
General and Administrative Expenses	7.07M	7.82M	11.68M	13.96M	18.72M
Net Rental Expense, Total	-	27.36M	24.25M	23.04M	18.28M
Imputed Operating Lease Interest Expense	-	7.75M	5.95M	12.71M	5.03M
Imputed Operating Lease Depreciation	-	19.61M	18.3M	10.33M	13.25M
Maintenance & Repair Expenses, Total	-	-	-	-	-

Fiscal Period: March	2022 (HKD)	2023 (HKD)	2024 (HKD)	2025 (HKD)	2026 (HKD)
Assets
Cash And Equivalents	99.21M	71.08M	100M	82.33M	70.15M
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	99.21M	71.08M	100M	82.33M	70.15M
Accounts Receivable, Total	119M	172M	257M	397M	390M
Other Receivables	1.51M	-	590K	-	-
Total Receivables	121M	172M	258M	397M	390M
Prepaid Expenses	3.51M	-	879K	-	-
Restricted Cash	21.21M	-	-	-	-
Other Current Assets, Total	3.15M	25.18M	34.15M	10.4M	10.62M
Total Current Assets	248M	268M	393M	490M	471M
Gross Property Plant And Equipment	166M	175M	180M	183M	215M
Accumulated Depreciation	-121M	-140M	-158M	-163M	-176M
Net Property Plant And Equipment	45.13M	35.18M	21.71M	19.81M	38.4M
Long-term Investments	-	-	1M	2M	2M
Other Intangibles, Total	-	-	-	-	8.31M
Accounts Receivable Long-Term	-	168K	-	902K	2.06M
Deferred Tax Assets Long-Term	339K	-	-	-	-
Other Long-Term Assets, Total	4.79M	4.48M	3.91M	3.74M	3.83M
Total Assets	298M	308M	419M	516M	526M
Liabilities
Accounts Payable, Total	32.36M	36.7M	80.16M	152M	108M
Accrued Expenses, Total	2.56M	3.79M	4.04M	4.33M	6.98M
Short-term Borrowings	6.64M	1.88M	58.4M	28.38M	-
Current Portion of Long-Term Debt	-	-	105K	2.1M	49.8M
Current Portion of Leases	489K	876K	806K	2.81M	7.95M
Current Income Taxes Payable	-	-	1.58M	706K	3.03M
Unearned Revenue Current, Total	45K	99K	464K	701K	807K
Other Current Liabilities	414K	-	1.48M	1.51M	5.57M
Total Current Liabilities	42.5M	43.35M	147M	192M	182M
Long-Term Debt	-	-	2M	-	5.7M
Long-Term Leases	-	618K	521K	4.86M	9.47M
Deferred Tax Liability Non Current	-	777K	1.79M	955K	754K
Total Liabilities	42.5M	44.74M	151M	198M	198M
Common Stock, Total	12M	12M	12M	28.8M	28.8M
Additional Paid In Capital	96.9M	96.9M	96.9M	123M	123M
Retained Earnings	146M	154M	158M	167M	183M
Comprehensive Income and Other	686K	686K	713K	500K	1.14M
Total Common Equity	255M	263M	267M	319M	335M
Minority Interest	-	-	338K	-1.2M	-7.84M
Total Equity	255M	263M	268M	318M	327M
Total Liabilities And Equity	298M	308M	419M	516M	526M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	120M	120M	120M	288M	288M
ECS Total Common Shares Outstanding	120M	120M	120M	288M	288M
Book Value / Share	2.13	2.19	2.23	1.11	1.16
Tangible Book Value	255M	263M	267M	319M	327M
Tangible Book Value Per Share	2.13	2.19	2.23	1.11	1.14
Total Debt	7.13M	3.38M	61.83M	38.15M	72.92M
Net Debt	-92.08M	-67.7M	-38.17M	-44.18M	2.77M
Debt Equivalent Oper. Leases	-	219M	194M	184M	146M
Minority Interest, Total (Incl. Fin. Div)	-	-	338K	-1.2M	-7.84M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	163M	173M	177M	174M	178M
Full Time Employees	205	304	338	322	427
Accumulated Allowance for Doubtful Accounts (Supple)	509K	-	27K	-	-
Order Backlog	-	-	-	-	-

Fiscal Period: March	2022 (HKD)	2023 (HKD)	2024 (HKD)	2025 (HKD)	2026 (HKD)
Net Income	7.43M	7.92M	4.19M	9.03M	15.65M
Depreciation & Amortization - CF	18.74M	21.68M	18.45M	11.63M	13.2M
Depreciation & Amortization, Total	18.74M	21.68M	18.45M	11.63M	13.2M
(Gain) Loss From Sale Of Asset	-	-	-	-250K	-97K
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	-70K	310K	570K	170K	-90K
Provision and Write-off of Bad Debts	-336K	74K	3.73M	-246K	-3.1M
Other Operating Activities, Total	-3.27M	1.61M	3.22M	-1.34M	-7.37M
Change In Accounts Receivable	57.79M	-46.04M	-90.22M	-138M	9.51M
Change In Accounts Payable	-1.41M	5.16M	45.45M	71.96M	-36.78M
Change in Unearned Revenues	-135K	54K	365K	237K	106K
Change in Other Net Operating Assets	-	-	-	-	-
Cash from Operations	78.74M	-9.23M	-14.25M	-46.66M	-8.98M
Capital Expenditure	-15.6M	-9.95M	-4.19M	-2.25M	-17.06M
Sale of Property, Plant, and Equipment	-	-	-	250K	-
Divestitures	-	-	-	-	100K
Investment in Marketable and Equity Securities, Total	-	-	-1M	-1M	-8.31M
Other Investing Activities, Total	3.04M	-3.23M	-8.66M	24.55M	29K
Cash from Investing	-12.56M	-13.18M	-13.85M	21.54M	-25.24M
Short Term Debt Issued, Total	35.59M	3.14M	62.15M	41.27M	66M
Long-Term Debt Issued, Total	-	-	2M	-	-
Total Debt Issued	35.59M	3.14M	64.15M	41.27M	66M
Short Term Debt Repaid, Total	-40.34M	-7.89M	-5.63M	-56.24M	-40.98M
Long-Term Debt Repaid, Total	-720K	-768K	-961K	-2.1M	-5.96M
Total Debt Repaid	-41.06M	-8.66M	-6.59M	-58.34M	-46.95M
Issuance of Common Stock	-	-	-	28.8M	-
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-547K	-186K	-537K	-4.28M	2.99M
Cash from Financing	-6.02M	-5.71M	57.02M	7.45M	22.04M
Net Change in Cash	60.17M	-28.12M	28.92M	-17.67M	-12.18M
Supplemental Items
Cash Interest Paid	547K	186K	895K	3.45M	1.91M
Cash Income Tax Paid (Refund)	-2.55M	-	27K	5.07M	3.84M
Levered Free Cash Flow	64.23M	-30.59M	-29.69M	-28.72M	-28.47M
Unlevered Free Cash Flow	64.57M	-30.47M	-29.07M	-26.57M	-27.28M
Change In Net Working Capital	-60.96M	43.51M	48.31M	43.27M	28.24M
Net Debt Issued / Repaid	-5.47M	-5.52M	57.56M	-17.08M	19.05M

Fiscal Period: March	2022 (HKD)	2023 (HKD)	2024 (HKD)	2025 (HKD)	2026 (HKD)
Profitability
Return on Assets	0.16	0.43	1.37	1.57	0.93
Return on Total Capital	0.18	0.5	1.67	2.14	1.27
Return On Equity %	2.95	3.06	1.57	2.44	1.26
Return on Common Equity	2.95	3.06	1.58	3.08	4.79
Margin Analysis
Gross Profit Margin %	3.16	3.08	4.17	3.68	6.79
SG&A Margin	2.96	2.7	2.8	2.6	4.87
EBITDA Margin %	3.06	2.93	2.68	1.58	1.58
EBITA Margin %	0.12	0.27	0.84	0.89	0.83
EBIT Margin %	0.12	0.27	0.84	0.89	0.83
Income From Continuing Operations Margin %	1.21	1.01	0.44	0.54	0.44
Net Income Margin %	1.21	1.01	0.44	0.69	1.68
Net Avail. For Common Margin %	1.21	1.01	0.44	0.69	1.68
Normalized Net Income Margin	0.2	0.12	0.49	0.64	1.91
Levered Free Cash Flow Margin	10.47	-3.89	-3.14	-2.19	-3.06
Unlevered Free Cash Flow Margin	10.52	-3.88	-3.07	-2.02	-2.93
Asset Turnover
Asset Turnover	2.05	2.6	2.6	2.81	1.79
Fixed Assets Turnover	13.26	19.58	33.25	63.3	31.95
Receivables Turnover (Average Receivables)	4.13	5.4	4.41	4.02	2.36
Short Term Liquidity
Current Ratio	5.83	6.19	2.67	2.54	2.58
Quick Ratio	5.17	5.61	2.43	2.49	2.53
Operating Cash Flow to Current Liabilities	1.85	-0.21	-0.1	-0.24	-0.05
Days Sales Outstanding (Average Receivables)	88.45	67.54	82.98	90.79	154.45
Average Days Payable Outstanding	19.83	16.54	23.59	33.45	54.73
Long Term Solvency
Total Debt/Equity	2.79	1.28	23.09	12.01	22.27
Total Debt / Total Capital	2.72	1.27	18.76	10.72	18.21
LT Debt/Equity	-	0.23	0.94	1.53	4.63
Long-Term Debt / Total Capital	-	0.23	0.76	1.37	3.79
Total Liabilities / Total Assets	14.27	14.53	36.1	38.41	37.7
EBIT / Interest Expense	1.37	11.28	7.97	3.4	4.04
EBITDA / Interest Expense	35.63	127.83	26.42	6.77	10.95
(EBITDA - Capex) / Interest Expense	7.11	74.33	22.23	6.12	2.02
Total Debt / EBITDA	0.37	0.14	2.34	1.63	3.49
Net Debt / EBITDA	-4.72	-2.85	-1.44	-1.89	0.13
Total Debt / (EBITDA - Capex)	1.83	0.24	2.78	1.81	18.94
Net Debt / (EBITDA - Capex)	-23.67	-4.9	-1.72	-2.09	0.72
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-33.51	28.13	20.31	38.94	-29.24
Gross Profit, 1 Yr. Growth %	-245.93	24.88	63.1	22.42	30.68
EBITDA, 1 Yr. Growth %	-227.67	22.54	10.3	-18.24	-28.94
EBITA, 1 Yr. Growth %	-102.12	178.99	279.93	47.05	-34.2
EBIT, 1 Yr. Growth %	-102.12	178.99	279.93	47.05	-34.2
Earnings From Cont. Operations, 1 Yr. Growth %	-136.95	6.62	-47.39	71.55	-43.12
Net Income, 1 Yr. Growth %	-136.95	6.62	-47.14	115.66	73.32
Normalized Net Income, 1 Yr. Growth %	-105.66	-21.4	382.77	81.61	111.36
Diluted EPS Before Extra, 1 Yr. Growth %	-136.95	6.62	-47.14	14.18	36.4
Accounts Receivable, 1 Yr. Growth %	-33.28	44.47	49.44	54.42	-1.66
Net Property, Plant and Equip., 1 Yr. Growth %	-4.86	-22.06	-38.28	-8.77	93.89
Total Assets, 1 Yr. Growth %	-1.4	3.41	36.09	23.09	1.86
Tangible Book Value, 1 Yr. Growth %	3	3.1	1.6	19.24	2.5
Common Equity, 1 Yr. Growth %	3	3.1	1.6	19.24	5.11
Cash From Operations, 1 Yr. Growth %	-5.14K	-111.73	54.34	227.47	-80.75
Capital Expenditures, 1 Yr. Growth %	368.89	-36.22	-57.91	-46.18	656.79
Levered Free Cash Flow, 1 Yr. Growth %	-2.18K	-147.62	-2.92	-3.27	-0.87
Unlevered Free Cash Flow, 1 Yr. Growth %	-2.58K	-147.19	-4.6	-8.6	2.68
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	9.76	-7.7	24.15	29.29	-0.85
Gross Profit, 2 Yr. CAGR %	93.56	35	42.72	41.3	26.48
EBITDA, 2 Yr. CAGR %	139.57	25.08	16.26	-5.04	-23.78
EBITA, 2 Yr. CAGR %	-79.2	-75.69	225.57	136.36	-1.63
EBIT, 2 Yr. CAGR %	-79.2	-75.69	225.57	136.36	-1.63
Earnings From Cont. Operations, 2 Yr. CAGR %	-39.19	-37.23	-25.11	-5	-1.22
Net Income, 2 Yr. CAGR %	-39.19	-37.23	-24.93	6.77	93.33
Normalized Net Income, 2 Yr. CAGR %	-67.88	-78.91	94.8	196.1	95.92
Diluted EPS Before Extra, 2 Yr. CAGR %	-39.19	-37.23	-24.93	-22.31	24.8
Accounts Receivable, 2 Yr. CAGR %	-23.74	-1.83	46.93	51.91	23.23
Net Property, Plant and Equip., 2 Yr. CAGR %	-16.61	-13.89	-30.64	-24.96	33
Total Assets, 2 Yr. CAGR %	-8.02	0.97	18.63	29.42	11.97
Tangible Book Value, 2 Yr. CAGR %	-2.39	3.05	2.35	10.07	10.56
Common Equity, 2 Yr. CAGR %	-2.39	3.05	2.35	10.07	11.95
Cash From Operations, 2 Yr. CAGR %	30.95	143.13	-57.46	124.81	-20.61
Capital Expenditures, 2 Yr. CAGR %	-25.36	72.94	-48.19	-52.4	101.82
Levered Free Cash Flow, 2 Yr. CAGR %	-2.87	215.02	-32.01	-3.09	-2.07
Unlevered Free Cash Flow, 2 Yr. CAGR %	-2.24	242.32	-32.9	-6.62	-3.12
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	10.23	15.57	0.82	28.9	5.75
Gross Profit, 3 Yr. CAGR %	-15.77	67.26	43.78	35.6	37.67
EBITDA, 3 Yr. CAGR %	-11.19	91.6	19.95	3.38	-13.79
EBITA, 3 Yr. CAGR %	-60.9	-50.58	-39.21	149.79	54.34
EBIT, 3 Yr. CAGR %	-60.9	-50.58	-39.21	149.79	54.34
Earnings From Cont. Operations, 3 Yr. CAGR %	-8.91	-26.67	-40.82	-1.28	-19.93
Net Income, 3 Yr. CAGR %	-8.91	-26.67	-40.73	6.72	25.48
Normalized Net Income, 3 Yr. CAGR %	-45.35	-56.72	-40.12	90.3	164.63
Diluted EPS Before Extra, 3 Yr. CAGR %	-8.91	-26.67	-40.73	-13.67	-6.28
Accounts Receivable, 3 Yr. CAGR %	-1.9	-5.64	12.93	49.39	31.41
Net Property, Plant and Equip., 3 Yr. CAGR %	-7.52	-18.47	-22.93	-24.01	2.97
Total Assets, 3 Yr. CAGR %	-3.39	-4.36	11.54	20.1	19.49
Tangible Book Value, 3 Yr. CAGR %	-3.95	-0.6	2.56	7.7	7.49
Common Equity, 3 Yr. CAGR %	-3.95	-0.6	2.56	7.7	8.39
Cash From Operations, 3 Yr. CAGR %	27.52	-41.42	108.95	-16	-0.92
Capital Expenditures, 3 Yr. CAGR %	-31.53	-29.17	7.97	-47.53	19.68
Levered Free Cash Flow, 3 Yr. CAGR %	27.15	-23.41	112.78	-23.53	-2.36
Unlevered Free Cash Flow, 3 Yr. CAGR %	27.63	-23.31	123.6	-25.62	-3.62
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	0.67	-0.49	15.6	20.87	0.15
Gross Profit, 5 Yr. CAGR %	-22.98	-24.27	4.01	56.35	36.6
EBITDA, 5 Yr. CAGR %	-23.48	-23.31	-1.09	44.69	0.05
EBITA, 5 Yr. CAGR %	-58.44	-51.2	-8.72	-7.58	-26.31
EBIT, 5 Yr. CAGR %	-58.44	-51.2	-8.72	-7.58	-26.31
Earnings From Cont. Operations, 5 Yr. CAGR %	-30.95	-31.1	-15.77	-18.67	-27.36
Net Income, 5 Yr. CAGR %	-30.95	-31.1	-15.69	-14.78	-4.89
Normalized Net Income, 5 Yr. CAGR %	-49.68	-54.3	-9.14	-6.59	-3.79
Diluted EPS Before Extra, 5 Yr. CAGR %	-34.81	-34.35	-15.69	-24.96	-20.16
Accounts Receivable, 5 Yr. CAGR %	2.21	2.19	15.31	14.16	16.95
Net Property, Plant and Equip., 5 Yr. CAGR %	27.26	9.16	-17.58	-21.13	-4.14
Total Assets, 5 Yr. CAGR %	12.23	-1.38	4.88	7.94	11.71
Tangible Book Value, 5 Yr. CAGR %	16.62	-1.1	-1.48	3.54	5.69
Common Equity, 5 Yr. CAGR %	16.62	-1.1	-1.48	3.54	6.22
Cash From Operations, 5 Yr. CAGR %	-0.6	-17.59	-17.8	0.32	41.88
Capital Expenditures, 5 Yr. CAGR %	15.86	-13.14	-38.75	-39.58	38.67
Levered Free Cash Flow, 5 Yr. CAGR %	0.09	27.06	-1.01	-15.85	56
Unlevered Free Cash Flow, 5 Yr. CAGR %	0.07	27.48	-1.31	-17.03	60.02