Cash flow Dragon Rise Group Holdings Limited

Stocks

6829

KYG2831B1178

Construction & Engineering

Market Closed - Hong Kong S.E. 01:38:03 04/09/2026 pm IST			5-day change	1st Jan Change
2.545 ^HKD	+6.71%		+30.85%	-14.60%

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	61Cr	79Cr	95Cr	131.41Cr	93Cr
Total Revenues	61Cr	79Cr	95Cr	131.41Cr	93Cr
Cost of Goods Sold, Total	59Cr	76Cr	91Cr	126.58Cr	87Cr
Gross Profit	1.94Cr	2.42Cr	3.95Cr	4.83Cr	6.31Cr
Selling General & Admin Expenses, Total	1.82Cr	2.12Cr	2.65Cr	3.42Cr	4.53Cr
Provision for Bad Debts	-3L	74T	37.33L	-2L	-31.03L
Depreciation & Amortization - (IS)	8L	8L	12.53L	26.12L	1.32Cr
Other Operating Expenses, Total	1.86Cr	2.21Cr	3.15Cr	3.66Cr	5.54Cr
Operating Income	8L	20.98L	79.71L	1.17Cr	77.13L
Interest Expense, Total	-5L	-2L	-10L	-34.48L	-19.09L
Interest And Investment Income	4L	7L	14.57L	10L	5L
Net Interest Expenses	-2L	5L	5L	-24.93L	-14.05L
Currency Exchange Gains (Loss)	6L	-12.58L	-10L	-4L	12.86L
Other Non Operating Income (Expenses)	8L	2L	-86T	15.46L	22.57L
EBT, Excl. Unusual Items	19.49L	15.32L	73.64L	1.04Cr	98.51L
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	2L	97T
Asset Writedown	70T	-3L	-6L	-2L	90T
Other Unusual Items	-	78.17L	-	-	-
EBT, Incl. Unusual Items	20.19L	90.39L	67.94L	1.05Cr	1Cr
Income Tax Expense	-54.12L	11.16L	26.26L	33.51L	59.71L
Earnings From Continuing Operations	74.31L	79.23L	41.68L	71.5L	40.67L
Net Income to Company	74.31L	79.23L	41.68L	71.5L	40.67L
Minority Interest	-	-	20T	18.82L	1.16Cr
Net Income - (IS)	74.31L	79.23L	41.88L	90.32L	1.57Cr
Net Income to Common Incl Extra Items	74.31L	79.23L	41.88L	90.32L	1.57Cr
Net Income to Common Excl. Extra Items	74.31L	79.23L	41.88L	90.32L	1.57Cr
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	12Cr	12Cr	12Cr	23Cr	29Cr
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	12Cr	12Cr	12Cr	23Cr	29Cr
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	1.88Cr	2.3Cr	2.54Cr	2.07Cr	1.47Cr
EBITA	8L	20.98L	79.71L	1.17Cr	77.13L
EBIT	8L	20.98L	79.71L	1.17Cr	77.13L
EBITDAR	-	5.04Cr	4.96Cr	4.38Cr	3.3Cr
Effective Tax Rate - (Ratio)	-268.05	12.35	38.65	31.91	59.48
Current Domestic Taxes	-	-	-	41.87L	61.72L
Current Foreign Taxes	-	-	-	-	-
Total Current Taxes	-	-	16.12L	41.87L	61.72L
Deferred Domestic Taxes	-54.12L	11.16L	10.14L	-8L	-2L
Deferred Foreign Taxes	-	-	-	-	-
Total Deferred Taxes	-54.12L	11.16L	10.14L	-8L	-2L
Normalized Net Income	12.18L	10L	46.22L	83.95L	1.77Cr
Interest on Long-Term Debt	18T	40T	79T	3L	6L
Supplemental Operating Expense Items
General and Administrative Expenses	70.74L	78.22L	1.17Cr	1.4Cr	1.87Cr
Net Rental Expense, Total	-	2.74Cr	2.42Cr	2.3Cr	1.83Cr
Imputed Operating Lease Interest Expense	-	77.52L	59.49L	1.27Cr	50.27L
Imputed Operating Lease Depreciation	-	1.96Cr	1.83Cr	1.03Cr	1.33Cr
Maintenance & Repair Expenses, Total	-	-	-	-	-

Fiscal Period: March	2022 (HKD)	2023 (HKD)	2024 (HKD)	2025 (HKD)	2026 (HKD)
Assets
Cash And Equivalents	9.92Cr	7.11Cr	10Cr	8.23Cr	7.02Cr
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	9.92Cr	7.11Cr	10Cr	8.23Cr	7.02Cr
Accounts Receivable, Total	12Cr	17Cr	26Cr	40Cr	39Cr
Other Receivables	15.11L	-	6L	-	-
Total Receivables	12Cr	17Cr	26Cr	40Cr	39Cr
Prepaid Expenses	35.06L	-	9L	-	-
Restricted Cash	2.12Cr	-	-	-	-
Other Current Assets, Total	31.5L	2.52Cr	3.41Cr	1.04Cr	1.06Cr
Total Current Assets	25Cr	27Cr	39Cr	49Cr	47Cr
Gross Property Plant And Equipment	17Cr	17Cr	18Cr	18Cr	21Cr
Accumulated Depreciation	-12Cr	-14Cr	-16Cr	-16Cr	-18Cr
Net Property Plant And Equipment	4.51Cr	3.52Cr	2.17Cr	1.98Cr	3.84Cr
Long-term Investments	-	-	10L	20L	20L
Other Intangibles, Total	-	-	-	-	83.1L
Accounts Receivable Long-Term	-	2L	-	9L	20.56L
Deferred Tax Assets Long-Term	3L	-	-	-	-
Other Long-Term Assets, Total	47.9L	44.8L	39.1L	37.4L	38.3L
Total Assets	30Cr	31Cr	42Cr	52Cr	53Cr
Liabilities
Accounts Payable, Total	3.24Cr	3.67Cr	8.02Cr	15Cr	11Cr
Accrued Expenses, Total	25.56L	37.88L	40.38L	43.27L	69.84L
Short-term Borrowings	66.39L	18.83L	5.84Cr	2.84Cr	-
Current Portion of Long-Term Debt	-	-	1L	21.05L	4.98Cr
Current Portion of Leases	5L	9L	8L	28.08L	79.47L
Current Income Taxes Payable	-	-	15.85L	7L	30.33L
Unearned Revenue Current, Total	45T	99T	5L	7L	8L
Other Current Liabilities	4L	-	14.76L	15.09L	55.69L
Total Current Liabilities	4.25Cr	4.33Cr	15Cr	19Cr	18Cr
Long-Term Debt	-	-	20L	-	57.02L
Long-Term Leases	-	6L	5L	48.62L	94.7L
Deferred Tax Liability Non Current	-	8L	17.91L	10L	8L
Total Liabilities	4.25Cr	4.47Cr	15Cr	20Cr	20Cr
Common Stock, Total	1.2Cr	1.2Cr	1.2Cr	2.88Cr	2.88Cr
Additional Paid In Capital	9.69Cr	9.69Cr	9.69Cr	12Cr	12Cr
Retained Earnings	15Cr	15Cr	16Cr	17Cr	18Cr
Comprehensive Income and Other	7L	7L	7L	5L	11.36L
Total Common Equity	26Cr	26Cr	27Cr	32Cr	34Cr
Minority Interest	-	-	3L	-11.96L	-78.36L
Total Equity	26Cr	26Cr	27Cr	32Cr	33Cr
Total Liabilities And Equity	30Cr	31Cr	42Cr	52Cr	53Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	12Cr	12Cr	12Cr	29Cr	29Cr
ECS Total Common Shares Outstanding	12Cr	12Cr	12Cr	29Cr	29Cr
Book Value / Share	2.13	2.19	2.23	1.11	1.16
Tangible Book Value	26Cr	26Cr	27Cr	32Cr	33Cr
Tangible Book Value Per Share	2.13	2.19	2.23	1.11	1.14
Total Debt	71.28L	33.77L	6.18Cr	3.82Cr	7.29Cr
Net Debt	-9.21Cr	-6.77Cr	-3.82Cr	-4.42Cr	27.66L
Debt Equivalent Oper. Leases	-	22Cr	19Cr	18Cr	15Cr
Minority Interest, Total (Incl. Fin. Div)	-	-	3L	-11.96L	-78.36L
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	16Cr	17Cr	18Cr	17Cr	18Cr
Full Time Employees	205	304	338	322	427
Accumulated Allowance for Doubtful Accounts (Supple)	5L	-	27T	-	-
Order Backlog	-	-	-	-	-

Fiscal Period: March	2022 (HKD)	2023 (HKD)	2024 (HKD)	2025 (HKD)	2026 (HKD)
Net Income	74.31L	79.23L	41.88L	90.32L	1.57Cr
Depreciation & Amortization - CF	1.87Cr	2.17Cr	1.84Cr	1.16Cr	1.32Cr
Depreciation & Amortization, Total	1.87Cr	2.17Cr	1.84Cr	1.16Cr	1.32Cr
(Gain) Loss From Sale Of Asset	-	-	-	-2L	-97T
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	-70T	3L	6L	2L	-90T
Provision and Write-off of Bad Debts	-3L	74T	37.33L	-2L	-31.03L
Other Operating Activities, Total	-32.66L	16.14L	32.19L	-13.35L	-73.73L
Change In Accounts Receivable	5.78Cr	-4.6Cr	-9.02Cr	-14Cr	95.11L
Change In Accounts Payable	-14.13L	51.59L	4.54Cr	7.2Cr	-3.68Cr
Change in Unearned Revenues	-1L	54T	4L	2L	1L
Change in Other Net Operating Assets	-	-	-	-	-
Cash from Operations	7.87Cr	-92.33L	-1.42Cr	-4.67Cr	-89.81L
Capital Expenditure	-1.56Cr	-99.5L	-41.88L	-22.54L	-1.71Cr
Sale of Property, Plant, and Equipment	-	-	-	2L	-
Divestitures	-	-	-	-	1L
Investment in Marketable and Equity Securities, Total	-	-	-10L	-10L	-83.1L
Other Investing Activities, Total	30.39L	-32.31L	-86.65L	2.45Cr	29T
Cash from Investing	-1.26Cr	-1.32Cr	-1.39Cr	2.15Cr	-2.52Cr
Short Term Debt Issued, Total	3.56Cr	31.36L	6.22Cr	4.13Cr	6.6Cr
Long-Term Debt Issued, Total	-	-	20L	-	-
Total Debt Issued	3.56Cr	31.36L	6.42Cr	4.13Cr	6.6Cr
Short Term Debt Repaid, Total	-4.03Cr	-78.92L	-56.33L	-5.62Cr	-4.1Cr
Long-Term Debt Repaid, Total	-7L	-8L	-10L	-21.04L	-59.65L
Total Debt Repaid	-4.11Cr	-86.6L	-65.94L	-5.83Cr	-4.69Cr
Issuance of Common Stock	-	-	-	2.88Cr	-
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-5L	-2L	-5L	-42.75L	29.91L
Cash from Financing	-60.15L	-57.1L	5.7Cr	74.48L	2.2Cr
Net Change in Cash	6.02Cr	-2.81Cr	2.89Cr	-1.77Cr	-1.22Cr
Supplemental Items
Cash Interest Paid	5L	2L	9L	34.48L	19.09L
Cash Income Tax Paid (Refund)	-25.47L	-	27T	50.66L	38.45L
Levered Free Cash Flow	6.42Cr	-3.06Cr	-2.97Cr	-2.87Cr	-2.85Cr
Unlevered Free Cash Flow	6.46Cr	-3.05Cr	-2.91Cr	-2.66Cr	-2.73Cr
Change In Net Working Capital	-6.1Cr	4.35Cr	4.83Cr	4.33Cr	2.82Cr
Net Debt Issued / Repaid	-54.68L	-55.24L	5.76Cr	-1.71Cr	1.91Cr

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 %	-5.14T	-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 %	-2.18T	-147.62	-2.92	-3.27	-0.87
Unlevered Free Cash Flow, 1 Yr. Growth %	-2.58T	-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