China Come Ride New Energy Group Limited

    China Come Ride New Energy Group Limited

    HHKEX:8039
    0.15
    HKD
    0.00
    (0.00%)
    1,109.17P/E

    Share Statistics

    As of March 31, 2023, China Come Ride New Energy Group Limited has 493.00M shares outstanding.

    Shares Outstanding493.00M

    Valuation Ratios

    As of March 31, 2023, China Come Ride New Energy Group Limited trades at a trailing price-to-earnings ratio of 1,109.17. The price-to-sales ratio is 7.61, and the price-to-book ratio stands at 89.31.

    PE Ratio1,109.17
    PS Ratio7.61
    PB Ratio89.31
    P/TBV Ratio89.31

    Enterprise Valuation

    These figures are as of March 31, 2023. The EV/Sales ratio of 7.64 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. China Come Ride New Energy Group Limited trades at an EV/FCF ratio of 11,391.63, comparing the total takeover cost of the business to the cash it actually generates for all capital providers.

    EV / Sales7.64
    EV / FCF11,391.63

    Financial Position

    As of March 31, 2023, China Come Ride New Energy Group Limited maintains a current ratio of 0.94, meaning it holds 0.9x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 147.00, indicating elevated leverage, while an interest coverage ratio of -140.36 demonstrates limited ability to service its debt obligations.

    Current Ratio0.94
    Quick Ratio0.30
    Debt / Equity147.00
    Debt / EBITDA-1.45
    Interest Coverage-140.36

    Financial Efficiency

    Over the twelve months ended March 31, 2023, China Come Ride New Energy Group Limited posted a negative return on equity (ROE) of -75.07, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -27.64, reflecting losses generated across the asset base. Return on capital employed (ROCE) is negative at -37.63, pointing to unprofitable operations over the period.

    Return on Equity (ROE)-75.07
    Return on Assets (ROA)-27.64
    Return on Capital Employed (ROCE)-37.63

    Taxes

    These figures cover the twelve months ended March 31, 2023. That works out to an effective tax rate of 16.11, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items.

    Effective Tax Rate16.11

    Stock Price Statistics

    HKD

    As of the close on July 29, 2025, China Come Ride New Energy Group Limited's stock has declined approximately 49.67% over the past 52 weeks. The 50-day moving average sits at 0.13, while the 200-day moving average is 0.13.

    52-Week Price Change-49.67%
    50-Day Moving Average0.13
    200-Day Moving Average0.13

    Margins

    Over the twelve months ended March 31, 2023, China Come Ride New Energy Group Limited posted a gross margin of 15.54, reflecting its pricing power and cost economics. The operating margin of -8.66 and net profit margin of -10.24 provide insight into operational efficiency.

    Gross Margin15.54
    Operating Margin-8.66
    Pretax Margin-9.41
    Profit Margin-10.24
    EBITDA Margin-8.66

    Scores

    As of March 31, 2023, China Come Ride New Energy Group Limited has an Altman Z-Score of 13.68, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

    Altman Z-Score13.68