CNlight Co., Ltd. Class A

CNlight Co., Ltd. Class A

SSZSE:002076
2.49
CNY
-0.21
(-7.78%)
-0.02EPS
2.28BMarket Cap

Total Valuation

CNY

As of March 31, 2026, CNlight Co., Ltd. Class A carries a market capitalization of 2.28B, placing it among publicly traded companies globally. Its enterprise value stands at 2.25B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap2.28B
Enterprise Value2.25B

Share Statistics

As of March 31, 2026, CNlight Co., Ltd. Class A has 1.11B shares outstanding.

Shares Outstanding1.11B

Valuation Ratios

These figures are as of March 31, 2026. The price-to-sales ratio is 5.49, and the price-to-book ratio stands at 7.50.

PS Ratio5.49
PB Ratio7.50
P/TBV Ratio7.68

Enterprise Valuation

These figures are as of March 31, 2026. The EV/Sales ratio of 5.45 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 2.25B versus a market cap of 2.28B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales5.45

Financial Position

As of March 31, 2026, CNlight Co., Ltd. Class A maintains a current ratio of 1.10, meaning it holds 1.1x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 36.14, indicating elevated leverage, while an interest coverage ratio of -3.46 demonstrates limited ability to service its debt obligations.

Current Ratio1.10
Quick Ratio0.13
Debt / Equity36.14
Debt / EBITDA-7.11
Interest Coverage-3.46

Financial Efficiency

CNY

Over the twelve months ended March 31, 2026, CNlight Co., Ltd. Class A posted a negative return on equity (ROE) of -5.63, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -2.27, reflecting losses generated across the asset base. The company generates approximately 649,436.92 in revenue per employee across its workforce of 637.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 1.81 indicates how many times CNlight Co., Ltd. Class A sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)-5.63
Return on Assets (ROA)-2.27
Revenue Per Employee649,436.92
Employee Count637.00
Inventory Turnover1.81

Taxes

CNY

Over the twelve months ended March 31, 2026, CNlight Co., Ltd. Class A recorded an income tax benefit of -533,511.44 rather than an expense, typically from losses, carryforwards, or the release of a tax provision. The company reported a pretax loss of -18.88M and -16.74M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Income Tax-533,511.44

Stock Price Statistics

CNY

As of the close on October 23, 2026, CNlight Co., Ltd. Class A's stock has gained approximately 23.27% over the past 52 weeks. The 50-day moving average sits at 2.14, while the 200-day moving average is 2.20.

52-Week Price Change23.27%
50-Day Moving Average2.14
200-Day Moving Average2.20

Income Statement

CNY

Over the twelve months ended March 31, 2026, CNlight Co., Ltd. Class A generated 413.69M in revenue and converted that into -16.74M in net income, yielding earnings per share of -0.02. EBITDA reached -12.51M, while operating income came in at 6.89M.

Revenue413.69M
Gross Profit93.00M
Operating Income6.89M
Pretax Income-18.88M
Net Income-16.74M
EBITDA-12.51M
EBIT-12.51M
Earnings Per Share (EPS)-0.02

Balance Sheet

CNY

As of March 31, 2026, CNlight Co., Ltd. Class A holds 62.14M in cash and equivalents against 88.98M in total debt, resulting in a net debt position of -18.12M. Total book value stands at 304.44M, with working capital of 46.32M providing operational flexibility.

Cash & Cash Equivalents62.14M
Total Debt88.98M
Net Debt-18.12M
Equity (Book Value)304.44M
Book Value Per Share0.27
Working Capital46.32M

Cash Flow

CNY

These figures cover the twelve months ended March 31, 2026.

Capital Expenditures-37.34M

Margins

Over the twelve months ended March 31, 2026, CNlight Co., Ltd. Class A posted a gross margin of 22.48, reflecting its pricing power and cost economics. The operating margin of 1.66 and net profit margin of -4.05 provide insight into operational efficiency.

Gross Margin22.48
Operating Margin1.66
Pretax Margin-4.56
Profit Margin-4.05
EBITDA Margin-3.02

Dividends & Yields

Over the twelve months ended March 31, 2026, CNlight Co., Ltd. Class A paid dividends of 0.00 per share. The dividend payout ratio of -3.89 is negative because earnings are negative, so the dividend is being paid out of something other than profits, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Total shareholder yield is negative at -1.60, meaning CNlight Co., Ltd. Class A raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Payout Ratio-3.89
Shareholder Yield-1.60

Stock Splits

CNlight Co., Ltd. Class A's most recent stock split took place on June 1, 2017 with a 1:2 split ratio.

Last Split Date6/1/2017
Split Ratio1:2

Scores

As of March 31, 2026, CNlight Co., Ltd. Class A has an Altman Z-Score of 0.46, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score0.46