DAZSFOTCMiscellaneous Electrical Machinery, Equipment & SuppliesFiscal year ends May 31
ZKGC New Energy Ltd
Financials through fiscal 2023, year ended May 31, 2023Last filing: 20-F on Oct 16, 2023
Share price
Not available yet
Price, market cap and P/E appear here once daily prices are connected.
Margins
Share of revenue, fiscal years 2021 to 2023
Gross margin
9.5%
Operating margin
-1.4%
Net margin
1.9%
Growth rates
Compound annual growth to fiscal 2023
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +29.5% | – | – | – | |
| Gross profit | +47.1% | – | – | – | |
| Net income | +87.2% | – | – | – |
Returns and balance sheet
3 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2021 | FY2021 | FY2023 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 21.4% | |
| Return on assets | – | – | 5.3% | |
| Current ratio | 0.95 | 0.95 | 0.84 | |
| Interest coverage | – | – | -3.1× | |
| Capex to revenue | – | – | 11.6% | |
| Diluted shares | – | – | 13M |
Cash use needs five years of cash flow figures
ZKGC New Energy does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin1.9%
×Asset turnover2.74×
×Equity multiplier4.05×
=Return on equity, FY202321.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2023 | 1.9% | 2.74× | 4.05× | 21.4% |
| FY2022 | 1.3% | 2.90× | 3.76× | 14.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2023 against fiscal 2022
5of 8 tests passed in fiscal 2023. Some tests lack the figures they need.
- ProfitableNet income above zero$73.21K
- Cash generatingOperating cash flow above zero-$43.62K
- Return on assets improvedROA up on the prior year4.1% → 6.9%
- Earnings backed by cashOperating cash flow above net income-$43.62K vs $73.21K
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose0.73 → 0.84
- No dilutionShare count did not rise12M → 13M
- Gross margin improvedGross margin up on the prior year8.37% → 9.50%
- More efficientAsset turnover rose3.04 → 3.58