Income Statement Dragon Rise Group Holdings Limited

Stocks

6829

KYG2831B1178

Construction & Engineering

Market Closed - Hong Kong S.E. Other stock markets 01:38:11 26/06/2026 pm IST			5-day change	1st Jan Change
2.160 ^HKD	+2.37%		-10.00%	-27.52%

22/05	Dragon Rise Exploring Partnership to Promote Battery Swapping	MT
21/05	Dragon Rise Group Holdings Limited's Subsidiary Dragon Rise New Energy Holdings Limited and Automotive Trader Enter into Memorandum of Understanding to Establish Battery-Swapping Ecosystem	CI

1.AGaAvISZ3mUt8XTlTL33NB2PUoIMaTJ2_f0KhiY20es.djL3yOC0nD1BuzaXIvmvVWjCJ8RmAX4BrMhPsWhChYNrPtfQ0NWMIGmcQA

Published financial data: DRAGON RISE GROUP HOLDINGS LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	92Cr	61Cr	79Cr	95Cr	131.41Cr
Total Revenues	92Cr	61Cr	79Cr	95Cr	131.41Cr
Cost of Goods Sold, Total	94Cr	59Cr	76Cr	91Cr	126.58Cr
Gross Profit	-1.33Cr	1.94Cr	2.42Cr	3.95Cr	4.83Cr
Selling General & Admin Expenses, Total	2.11Cr	1.82Cr	2.12Cr	2.65Cr	3.42Cr
Provision for Bad Debts	10.71L	-3L	74T	37.33L	-2L
Depreciation & Amortization - (IS)	-	8L	8L	12.53L	26.12L
Other Operating Expenses, Total	2.22Cr	1.86Cr	2.21Cr	3.15Cr	3.66Cr
Operating Income	-3.55Cr	8L	20.98L	79.71L	1.17Cr
Interest Expense, Total	-8L	-5L	-2L	-10L	-34.48L
Interest And Investment Income	3L	4L	7L	14.57L	10L
Net Interest Expenses	-4L	-2L	5L	5L	-24.93L
Currency Exchange Gains (Loss)	12.36L	6L	-12.58L	-10L	-4L
Other Non Operating Income (Expenses)	2L	8L	2L	-86T	15.46L
EBT, Excl. Unusual Items	-3.44Cr	19.49L	15.32L	73.64L	1.04Cr
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	8L	-	-	-	2L
Asset Writedown	-20T	70T	-3L	-6L	-2L
Other Unusual Items	1.29Cr	-	78.17L	-	-
EBT, Incl. Unusual Items	-2.08Cr	20.19L	90.39L	67.94L	1.05Cr
Income Tax Expense	-7L	-54.12L	11.16L	26.26L	33.51L
Earnings From Continuing Operations	-2.01Cr	74.31L	79.23L	41.68L	71.5L
Net Income to Company	-2.01Cr	74.31L	79.23L	41.68L	71.5L
Minority Interest	-	-	-	20T	18.82L
Net Income - (IS)	-2.01Cr	74.31L	79.23L	41.88L	90.32L
Net Income to Common Incl Extra Items	-2.01Cr	74.31L	79.23L	41.88L	90.32L
Net Income to Common Excl. Extra Items	-2.01Cr	74.31L	79.23L	41.88L	90.32L
Per Share Items
Net EPS - Basic	-0.17	0.06	0.07	0.03	0.04
Basic EPS - Continuing Operations	-0.17	0.06	0.07	0.03	0.04
Basic Weighted Average Shares Outstanding	12Cr	12Cr	12Cr	12Cr	23Cr
Net EPS - Diluted	-0.17	0.06	0.07	0.03	0.04
Diluted EPS - Continuing Operations	-0.17	0.06	0.07	0.03	0.04
Diluted Weighted Average Shares Outstanding	12Cr	12Cr	12Cr	12Cr	23Cr
Normalized Basic EPS	-0.18	0.01	0.01	0.04	0.04
Normalized Diluted EPS	-0.18	0.01	0.01	0.04	0.04
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	-1.47Cr	1.88Cr	2.3Cr	2.54Cr	2.07Cr
EBITA	-3.55Cr	8L	20.98L	79.71L	1.17Cr
EBIT	-3.55Cr	8L	20.98L	79.71L	1.17Cr
EBITDAR	-	-	5.04Cr	4.96Cr	4.38Cr
Effective Tax Rate - (Ratio)	3.37	-268.05	12.35	38.65	31.91
Current Domestic Taxes	-	-	-	-	-
Current Foreign Taxes	-	-	-	-	-
Total Current Taxes	-	-	-	16.12L	41.87L
Deferred Domestic Taxes	-7L	-54.12L	11.16L	10.14L	-8L
Deferred Foreign Taxes	-	-	-	-	-
Total Deferred Taxes	-7L	-54.12L	11.16L	10.14L	-8L
Normalized Net Income	-2.15Cr	12.18L	10L	46.22L	83.95L
Interest on Long-Term Debt	15T	18T	40T	79T	3L
Supplemental Operating Expense Items
General and Administrative Expenses	2.11Cr	70.74L	78.22L	1.17Cr	1.4Cr
Net Rental Expense, Total	-	-	2.74Cr	2.42Cr	2.3Cr
Imputed Operating Lease Interest Expense	-	-	77.52L	59.49L	1.27Cr
Imputed Operating Lease Depreciation	-	-	1.96Cr	1.83Cr	1.03Cr
Maintenance & Repair Expenses, Total	-	-	-	-	-

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	3.9Cr	9.92Cr	7.11Cr	10Cr	8.23Cr
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	3.9Cr	9.92Cr	7.11Cr	10Cr	8.23Cr
Accounts Receivable, Total	18Cr	12Cr	17Cr	26Cr	40Cr
Other Receivables	55.68L	15.11L	-	6L	-
Total Receivables	18Cr	12Cr	17Cr	26Cr	40Cr
Prepaid Expenses	46.83L	35.06L	-	9L	-
Restricted Cash	52.16L	2.12Cr	-	-	-
Other Current Assets, Total	1.66Cr	31.5L	2.52Cr	3.41Cr	1.04Cr
Total Current Assets	25Cr	25Cr	27Cr	39Cr	49Cr
Gross Property Plant And Equipment	15Cr	17Cr	17Cr	18Cr	18Cr
Accumulated Depreciation	-10Cr	-12Cr	-14Cr	-16Cr	-16Cr
Net Property Plant And Equipment	4.74Cr	4.51Cr	3.52Cr	2.17Cr	1.98Cr
Long-term Investments	-	-	-	10L	20L
Accounts Receivable Long-Term	-	-	2L	-	9L
Deferred Tax Assets Long-Term	-	3L	-	-	-
Other Long-Term Assets, Total	51.4L	47.9L	44.8L	39.1L	37.4L
Total Assets	30Cr	30Cr	31Cr	42Cr	52Cr
Liabilities
Accounts Payable, Total	3.22Cr	3.24Cr	3.67Cr	8.02Cr	15Cr
Accrued Expenses, Total	41.23L	25.56L	37.88L	40.38L	43.27L
Short-term Borrowings	1.14Cr	66.39L	18.83L	5.84Cr	2.84Cr
Current Portion of Long-Term Debt	-	-	-	1L	21.05L
Current Portion of Leases	7L	5L	9L	8L	28.08L
Current Income Taxes Payable	-	-	-	15.85L	7L
Unearned Revenue Current, Total	2L	45T	99T	5L	7L
Other Current Liabilities	-	4L	-	14.76L	15.09L
Total Current Liabilities	4.86Cr	4.25Cr	4.33Cr	15Cr	19Cr
Long-Term Debt	-	-	-	20L	-
Long-Term Leases	5L	-	6L	5L	48.62L
Deferred Tax Liability Non Current	50.73L	-	8L	17.91L	10L
Total Liabilities	5.42Cr	4.25Cr	4.47Cr	15Cr	20Cr
Common Stock, Total	1.2Cr	1.2Cr	1.2Cr	1.2Cr	2.88Cr
Additional Paid In Capital	9.69Cr	9.69Cr	9.69Cr	9.69Cr	12Cr
Retained Earnings	14Cr	15Cr	15Cr	16Cr	17Cr
Comprehensive Income and Other	7L	7L	7L	7L	5L
Total Common Equity	25Cr	26Cr	26Cr	27Cr	32Cr
Minority Interest	-	-	-	3L	-11.96L
Total Equity	25Cr	26Cr	26Cr	27Cr	32Cr
Total Liabilities And Equity	30Cr	30Cr	31Cr	42Cr	52Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	12Cr	12Cr	12Cr	12Cr	29Cr
ECS Total Common Shares Outstanding	12Cr	12Cr	12Cr	12Cr	29Cr
Book Value / Share	2.07	2.13	2.19	2.23	1.11
Tangible Book Value	25Cr	26Cr	26Cr	27Cr	32Cr
Tangible Book Value Per Share	2.07	2.13	2.19	2.23	1.11
Total Debt	1.26Cr	71.28L	33.77L	6.18Cr	3.82Cr
Net Debt	-2.64Cr	-9.21Cr	-6.77Cr	-3.82Cr	-4.42Cr
Debt Equivalent Oper. Leases	-	-	22Cr	19Cr	18Cr
Minority Interest, Total (Incl. Fin. Div)	-	-	-	3L	-11.96L
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	15Cr	16Cr	17Cr	18Cr	17Cr
Full Time Employees	335	205	304	338	322
Accumulated Allowance for Doubtful Accounts (Supple)	13.46L	5L	-	27T	-
Order Backlog	-	-	-	-	-

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	-2.01Cr	74.31L	79.23L	41.88L	90.32L
Depreciation & Amortization - CF	2.15Cr	1.87Cr	2.17Cr	1.84Cr	1.16Cr
Depreciation & Amortization, Total	2.15Cr	1.87Cr	2.17Cr	1.84Cr	1.16Cr
(Gain) Loss From Sale Of Asset	-8L	-	-	-	-2L
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	20T	-70T	3L	6L	2L
Provision and Write-off of Bad Debts	10.71L	-3L	74T	37.33L	-2L
Other Operating Activities, Total	-15.03L	-32.66L	16.14L	32.19L	-13.35L
Change In Accounts Receivable	2.11Cr	5.78Cr	-4.6Cr	-9.02Cr	-14Cr
Change In Accounts Payable	-2.24Cr	-14.13L	51.59L	4.54Cr	7.2Cr
Change in Unearned Revenues	-5L	-1L	54T	4L	2L
Change in Other Net Operating Assets	-	-	-	-	-
Cash from Operations	-15.62L	7.87Cr	-92.33L	-1.42Cr	-4.67Cr
Capital Expenditure	-33.27L	-1.56Cr	-99.5L	-41.88L	-22.54L
Sale of Property, Plant, and Equipment	10.8L	-	-	-	2L
Investment in Marketable and Equity Securities, Total	-	-	-	-10L	-10L
Other Investing Activities, Total	36.8L	30.39L	-32.31L	-86.65L	2.45Cr
Cash from Investing	14.33L	-1.26Cr	-1.32Cr	-1.39Cr	2.15Cr
Short Term Debt Issued, Total	-	3.56Cr	31.36L	6.22Cr	4.13Cr
Long-Term Debt Issued, Total	-	-	-	20L	-
Total Debt Issued	-	3.56Cr	31.36L	6.42Cr	4.13Cr
Short Term Debt Repaid, Total	-69.88L	-4.03Cr	-78.92L	-56.33L	-5.62Cr
Long-Term Debt Repaid, Total	-7L	-7L	-8L	-10L	-21.04L
Total Debt Repaid	-77.1L	-4.11Cr	-86.6L	-65.94L	-5.83Cr
Issuance of Common Stock	-	-	-	-	2.88Cr
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-8L	-5L	-2L	-5L	-42.75L
Cash from Financing	-84.81L	-60.15L	-57.1L	5.7Cr	74.48L
Net Change in Cash	-86.1L	6.02Cr	-2.81Cr	2.89Cr	-1.77Cr
Supplemental Items
Cash Interest Paid	8L	5L	2L	9L	34.48L
Cash Income Tax Paid (Refund)	-	-25.47L	-	27T	50.66L
Levered Free Cash Flow	-30.82L	6.42Cr	-3.06Cr	-2.97Cr	-2.87Cr
Unlevered Free Cash Flow	-26L	6.46Cr	-3.05Cr	-2.91Cr	-2.66Cr
Change In Net Working Capital	-14L	-6.1Cr	4.35Cr	4.83Cr	4.33Cr
Net Debt Issued / Repaid	-77.1L	-54.68L	-55.24L	5.76Cr	-1.71Cr

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	-6.78	0.16	0.43	1.37	1.57
Return on Total Capital	-8.1	0.18	0.5	1.67	2.14
Return On Equity %	-7.8	2.95	3.06	1.57	2.44
Return on Common Equity	-7.8	2.95	3.06	1.58	3.08
Margin Analysis
Gross Profit Margin %	-1.44	3.16	3.08	4.17	3.68
SG&A Margin	2.29	2.96	2.7	2.8	2.6
EBITDA Margin %	-1.59	3.06	2.93	2.68	1.58
EBITA Margin %	-3.85	0.12	0.27	0.84	0.89
EBIT Margin %	-3.85	0.12	0.27	0.84	0.89
Income From Continuing Operations Margin %	-2.18	1.21	1.01	0.44	0.54
Net Income Margin %	-2.18	1.21	1.01	0.44	0.69
Net Avail. For Common Margin %	-2.18	1.21	1.01	0.44	0.69
Normalized Net Income Margin	-2.33	0.2	0.12	0.49	0.64
Levered Free Cash Flow Margin	-0.33	10.47	-3.89	-3.14	-2.19
Unlevered Free Cash Flow Margin	-0.28	10.52	-3.88	-3.07	-2.02
Asset Turnover
Asset Turnover	2.82	2.05	2.6	2.6	2.81
Fixed Assets Turnover	16.43	13.26	19.58	33.25	63.3
Receivables Turnover (Average Receivables)	4.82	4.13	5.4	4.41	4.02
Short Term Liquidity
Current Ratio	5.13	5.83	6.19	2.67	2.54
Quick Ratio	4.59	5.17	5.61	2.43	2.49
Operating Cash Flow to Current Liabilities	-0.03	1.85	-0.21	-0.1	-0.24
Days Sales Outstanding (Average Receivables)	75.75	88.45	67.54	82.98	90.79
Average Days Payable Outstanding	17.22	19.83	16.54	23.59	33.45
Long Term Solvency
Total Debt/Equity	5.08	2.79	1.28	23.09	12.01
Total Debt / Total Capital	4.83	2.72	1.27	18.76	10.72
LT Debt/Equity	0.2	-	0.23	0.94	1.53
Long-Term Debt / Total Capital	0.19	-	0.23	0.76	1.37
Total Liabilities / Total Assets	17.93	14.27	14.53	36.1	38.41
EBIT / Interest Expense	-46.03	1.37	11.28	7.97	3.4
EBITDA / Interest Expense	-18.13	35.63	127.83	26.42	6.77
(EBITDA - Capex) / Interest Expense	-22.45	7.11	74.33	22.23	6.12
Total Debt / EBITDA	-0.9	0.37	0.14	2.34	1.63
Net Debt / EBITDA	1.89	-4.72	-2.85	-1.44	-1.89
Total Debt / (EBITDA - Capex)	-0.73	1.83	0.24	2.78	1.81
Net Debt / (EBITDA - Capex)	1.53	-23.67	-4.9	-1.72	-2.09
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	81.21	-33.51	28.13	20.31	38.94
Gross Profit, 1 Yr. Growth %	-356.74	-245.93	24.88	63.1	22.42
EBITDA, 1 Yr. Growth %	-549.54	-227.67	22.54	10.3	-18.24
EBITA, 1 Yr. Growth %	104.21	-102.12	178.99	279.93	47.05
EBIT, 1 Yr. Growth %	104.21	-102.12	178.99	279.93	47.05
Earnings From Cont. Operations, 1 Yr. Growth %	0.06	-136.95	6.62	-47.39	71.55
Net Income, 1 Yr. Growth %	0.06	-136.95	6.62	-47.14	115.66
Normalized Net Income, 1 Yr. Growth %	82.32	-105.66	-21.4	382.77	81.61
Diluted EPS Before Extra, 1 Yr. Growth %	0.06	-136.95	6.62	-47.14	14.18
Accounts Receivable, 1 Yr. Growth %	-12.84	-33.28	44.47	49.44	54.42
Net Property, Plant and Equip., 1 Yr. Growth %	-26.91	-4.86	-22.06	-38.28	-8.77
Total Assets, 1 Yr. Growth %	-14.19	-1.4	3.41	36.09	23.09
Tangible Book Value, 1 Yr. Growth %	-7.5	3	3.1	1.6	19.24
Common Equity, 1 Yr. Growth %	-7.5	3	3.1	1.6	19.24
Cash From Operations, 1 Yr. Growth %	-96.6	-5.14T	-111.73	54.34	227.47
Capital Expenditures, 1 Yr. Growth %	-88.12	368.89	-36.22	-57.91	-46.18
Levered Free Cash Flow, 1 Yr. Growth %	-95.47	-2.18T	-147.62	-2.92	-3.27
Unlevered Free Cash Flow, 1 Yr. Growth %	-96.15	-2.58T	-147.19	-4.6	-8.6
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	41.93	9.76	-7.7	24.15	29.29
Gross Profit, 2 Yr. CAGR %	-36.01	93.56	35	42.72	41.3
EBITDA, 2 Yr. CAGR %	-25.94	139.57	25.08	16.26	-5.04
EBITA, 2 Yr. CAGR %	67.99	-79.2	-75.69	225.57	136.36
EBIT, 2 Yr. CAGR %	67.99	-79.2	-75.69	225.57	136.36
Earnings From Cont. Operations, 2 Yr. CAGR %	43.01	-39.19	-37.23	-25.11	-5
Net Income, 2 Yr. CAGR %	43.01	-39.19	-37.23	-24.93	6.77
Normalized Net Income, 2 Yr. CAGR %	69.82	-67.88	-78.91	94.8	196.1
Diluted EPS Before Extra, 2 Yr. CAGR %	43.01	-39.19	-37.23	-24.93	-22.31
Accounts Receivable, 2 Yr. CAGR %	18.96	-23.74	-1.83	46.93	51.91
Net Property, Plant and Equip., 2 Yr. CAGR %	-8.83	-16.61	-13.89	-30.64	-24.96
Total Assets, 2 Yr. CAGR %	-4.36	-8.02	0.97	18.63	29.42
Tangible Book Value, 2 Yr. CAGR %	-7.24	-2.39	3.05	2.35	10.07
Common Equity, 2 Yr. CAGR %	-7.24	-2.39	3.05	2.35	10.07
Cash From Operations, 2 Yr. CAGR %	-79.72	30.95	143.13	-57.46	124.81
Capital Expenditures, 2 Yr. CAGR %	-73.83	-25.36	72.94	-48.19	-52.4
Levered Free Cash Flow, 2 Yr. CAGR %	-68.59	-2.87	215.02	-32.01	-3.09
Unlevered Free Cash Flow, 2 Yr. CAGR %	-71.06	-2.24	242.32	-32.9	-6.62
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	4.63	10.23	15.57	0.82	28.9
Gross Profit, 3 Yr. CAGR %	-48.49	-15.77	67.26	43.78	35.6
EBITDA, 3 Yr. CAGR %	-44.66	-11.19	91.6	19.95	3.38
EBITA, 3 Yr. CAGR %	-22.34	-60.9	-50.58	-39.21	149.79
EBIT, 3 Yr. CAGR %	-22.34	-60.9	-50.58	-39.21	149.79
Earnings From Cont. Operations, 3 Yr. CAGR %	-26.68	-8.91	-26.67	-40.82	-1.28
Net Income, 3 Yr. CAGR %	-26.68	-8.91	-26.67	-40.73	6.72
Normalized Net Income, 3 Yr. CAGR %	-23.47	-45.35	-56.72	-40.12	90.3
Diluted EPS Before Extra, 3 Yr. CAGR %	-32.35	-8.91	-26.67	-40.73	-13.67
Accounts Receivable, 3 Yr. CAGR %	4.95	-1.9	-5.64	12.93	49.39
Net Property, Plant and Equip., 3 Yr. CAGR %	27.85	-7.52	-18.47	-22.93	-24.01
Total Assets, 3 Yr. CAGR %	-2.92	-3.39	-4.36	11.54	20.1
Tangible Book Value, 3 Yr. CAGR %	-3.78	-3.95	-0.6	2.56	7.7
Common Equity, 3 Yr. CAGR %	-3.78	-3.95	-0.6	2.56	7.7
Cash From Operations, 3 Yr. CAGR %	-59.94	27.52	-41.42	108.95	-16
Capital Expenditures, 3 Yr. CAGR %	-45.12	-31.53	-29.17	7.97	-47.53
Levered Free Cash Flow, 3 Yr. CAGR %	-30.64	27.15	-23.41	112.78	-23.53
Unlevered Free Cash Flow, 3 Yr. CAGR %	-34.01	27.63	-23.31	123.6	-25.62
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	8.36	0.67	-0.49	15.6	20.87
Gross Profit, 5 Yr. CAGR %	-26.98	-22.98	-24.27	4.01	56.35
EBITDA, 5 Yr. CAGR %	-26.19	-23.48	-23.31	-1.09	44.69
EBITA, 5 Yr. CAGR %	-8.43	-58.44	-51.2	-8.72	-7.58
EBIT, 5 Yr. CAGR %	-8.43	-58.44	-51.2	-8.72	-7.58
Earnings From Cont. Operations, 5 Yr. CAGR %	-14.5	-30.95	-31.1	-15.77	-18.67
Net Income, 5 Yr. CAGR %	-14.5	-30.95	-31.1	-15.69	-14.78
Normalized Net Income, 5 Yr. CAGR %	-8.8	-49.68	-54.3	-9.14	-6.59
Diluted EPS Before Extra, 5 Yr. CAGR %	-19.29	-34.81	-34.35	-15.69	-24.96
Accounts Receivable, 5 Yr. CAGR %	10.81	2.21	2.19	15.31	14.16
Net Property, Plant and Equip., 5 Yr. CAGR %	21.81	27.26	9.16	-17.58	-21.13
Total Assets, 5 Yr. CAGR %	10.6	12.23	-1.38	4.88	7.94
Tangible Book Value, 5 Yr. CAGR %	16.13	16.62	-1.1	-1.48	3.54
Common Equity, 5 Yr. CAGR %	16.13	16.62	-1.1	-1.48	3.54
Cash From Operations, 5 Yr. CAGR %	-34.44	-0.6	-17.59	-17.8	0.32
Capital Expenditures, 5 Yr. CAGR %	-9.62	15.86	-13.14	-38.75	-39.58
Levered Free Cash Flow, 5 Yr. CAGR %	-5.69	0.09	27.06	-1.01	-15.85
Unlevered Free Cash Flow, 5 Yr. CAGR %	-6.48	0.07	27.48	-1.31	-17.03