Loading…
* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2021 0 · FY2022 0 · FY2023 0
Georgian branch of the Chinese state-owned road and bridge construction contractor, executing highway and infrastructure projects in Georgia.
| Ratio | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross Margin | 2.7% | 1.0% | -22.7% | -44.7% | -63.2% | 4.7% |
| EBITDA Margin | 0.7% | -0.7% | -24.7% | -46.3% | -64.9% | 2.6% |
| EBITDAR | 432 | -866 | -49,584 | -95,784 | -53,108 | 3,558 |
| EBITDAR Margin | 0.7% | -0.7% | -24.7% | -46.3% | -64.8% | 2.7% |
| EBIT Margin | 0.5% | -0.8% | -24.7% | -46.3% | -65.4% | 2.5% |
| Net Profit Margin | 12.0% | 7.7% | -29.1% | -7.8% | -50.6% | -1.4% |
| Operating Expense % of Sales | 2.0% | 1.6% | 1.9% | 1.6% | 4.1% | 2.3% |
| Returns | ||||||
| Return on Assets (ROA) | 4.8% | 4.8% | -24.0% | -8.1% | -31.6% | -1.7% |
| Return on Equity (ROE) | 95.9% | 56.5% | -63.0% | -34.9% | -13815.7% | -14.0% |
| ROIC [EBIT / Invested Capital] | N/A | -56.1% | -55.3% | -688.5% | N/A | 35.1% |
| Leverage & debt balances | ||||||
| Debt-to-Assets | 0.8% | 0.9% | 0.5% | 0.2% | 0.0% | 0.0% |
| Debt-to-Equity | 0.17x | 0.11x | 0.01x | 0.01x | 0.08x | 0.00x |
| Debt-to-EBITDA | 3.09x | N/A | N/A | N/A | N/A | 0.00x |
| Equity-to-Assets | 5.0% | 8.5% | 38.1% | 23.3% | 0.2% | 12.2% |
| Net Debt | -19,697 | -16,220 | -3,368 | -32,550 | -4,881 | -3,586 |
| Cash & Equivalents | 21,032 | 18,125 | 4,596 | 33,042 | 4,904 | 3,586 |
| Total Debt | 1,335 | 1,905 | 1,228 | 492 | 23 | N/A |
| Liquidity & working capital | ||||||
| Current Ratio | 4.29x | 2.21x | 0.84x | 0.99x | 0.72x | 0.39x |
| Quick Ratio | 4.17x | 2.10x | 0.72x | 0.93x | 0.67x | 0.35x |
| Cash Ratio | 0.93x | 0.27x | 0.06x | 0.36x | 0.07x | 0.05x |
| Total Current Assets | 96,512 | 147,978 | 68,376 | 89,902 | 49,298 | 27,851 |
| Total Current Liabilities | 22,497 | 67,080 | 81,281 | 90,635 | 68,828 | 72,214 |
| Inventory | 2,800 | 7,002 | 10,039 | 5,370 | 3,344 | 2,419 |
| Trade Receivables | 11,222 | 7,407 | 24,231 | 45,044 | 35,827 | 19,230 |
| Trade Payables | 21,531 | 66,369 | 50,733 | 69,613 | 63,363 | 72,214 |
| Net Working Capital | 74,015 | 80,898 | -12,905 | -733 | -19,530 | -44,363 |
| Net Working Capital % of Revenue | 118.0% | 61.1% | -6.4% | -0.4% | -23.8% | -33.2% |
| Trade Working Capital | -7,509 | -51,961 | -16,463 | -19,199 | -24,192 | -50,565 |
| Trade Working Capital % of Revenue | -12.0% | -39.2% | -8.2% | -9.3% | -29.5% | -37.8% |
| Change in Trade Working Capital | N/A | -44,452 | 35,498 | -2,736 | -4,993 | -26,373 |
| Turnover & efficiency | ||||||
| Inventory Turnover | 21.79x | 18.74x | 24.59x | 55.72x | 40.01x | 52.71x |
| Days Inventory Outstanding (DIO) | 16.7 | 19.5 | 14.8 | 6.6 | 9.1 | 6.9 |
| Receivables Turnover | 5.59x | 17.89x | 8.30x | 4.59x | 2.29x | 6.95x |
| Days Sales Outstanding (DSO) | 65.3 | 20.4 | 44.0 | 79.5 | 159.5 | 52.5 |
| Payables Turnover | 2.83x | 1.98x | 4.87x | 4.30x | 2.11x | 1.77x |
| Days Payable Outstanding (DPO) | 128.8 | 184.6 | 75.0 | 84.9 | 172.8 | 206.7 |
| Cash Conversion Cycle | -46.8 days | -144.7 days | -16.2 days | 1.1 days | -4.2 days | -147.3 days |
| Asset Turnover | 0.40x | 0.62x | 0.83x | 1.04x | 0.62x | 1.26x |
| Cash flow & dividends | ||||||
| Operating Cash Flow | -65,395 | 12,525 | -8,478 | 33,470 | -15,975 | -3,236 |
| Free Cash Flow (OCF − Capex proxy) | -130,122 | -2,562 | -11,748 | 32,201 | -22,459 | -9,121 |
| Cash Conversion (OCF / EBITDA) | -15151.0% | N/A | N/A | N/A | N/A | -93.2% |
| Dividends Declared | 0 | 0 | 0 | 0 | 0 | N/A |
| Dividend Payout Ratio | 0.0% | 0.0% | N/A | N/A | N/A | N/A |
Money rows — EBITDAR, net debt, cash, total debt, operating and free cash flow, dividends declared — are in GEL, thousands. Margins, returns and payout are percentages; turnover and leverage are multiples; DIO/DSO/DPO are days. Hover a metric name for its definition.
Shareholders, directors and group links from the companyinfo.ge public register — as filed, so stakes need not sum to 100% where a holding is undisclosed.
Ownership & directors from companyinfo.ge (public corporate registry).
Ranked by how close each latest revenue is to this one — not a curated comp set. Open this set in Compare →