Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data ZKGC New Energy Ltd files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2022
FY2023
Revenue
2.93
3.79
Cost of revenue
2.68
3.43
Gross profit
0.24
0.36
Research and development
0.04
Selling and marketing
0.02
0.02
General and administrative
0.25
0.35
Operating expenses
0.27
0.41
Operating income
-0.02
-0.05
Interest expense
0.01
0.02
Other non-operating income
0.08
0.18
Pre-tax income
0.06
0.12
Income tax
0.02
0.05
Net income to minority interests
-0
-0
Net income
0.04
0.07
EBITDA
0.07
0.08
EPS, basic
0.00
0.01
EPS, diluted
0.00
0.01
Shares, basic (weighted)
11.6
13
Shares, diluted (weighted)
11.6
13
Balance sheet
FY2022
FY2023
Cash and equivalents
0.12
0.04
Receivables
0.28
0.69
Other current assets
0.05
0.21
Total current assets
0.54
1.12
Property, plant and equipment
0.44
0.53
Intangible assets
0.08
0.05
Total assets
1.06
1.7
Accounts payable
0.58
0.92
Deferred revenue
0.06
0.18
Total current liabilities
0.75
1.33
Total liabilities
0.75
1.33
Paid-in capital
0.23
0.23
Retained earnings
0.06
0.12
Other comprehensive income
-0.01
-0.02
Shareholders' equity
0.31
0.37
Minority interests
-0
-0
Total equity
0.31
0.37
Total liabilities and equity
1.06
1.7
Shares outstanding
13
13
Cash flow statement
FY2022
FY2023
Net income
0.04
0.07
Depreciation and amortization
0.09
0.13
Change in receivables
-0.02
-0.44
Change in payables
0.22
0.39
Cash from operations
0.27
-0.04
Capital expenditures
-0.45
-0.44
Cash from investing
-0.14
-0.09
Stock issued
0.06
Cash from financing
-0.1
0.06
Exchange rate effect
-0.01
0
Net change in cash
0.02
-0.07
Free cash flow
-0.18
-0.48
Key metrics
Worked out from the statements above. Latest values use fiscal 2023. Valuation uses the share price of $3.07 on November 10, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
9.5%
Gross profit / revenue.
Operating margin
-1.4%
Operating income / revenue.
EBITDA margin
2.0%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
3.3%
Pre-tax income / revenue.
Net margin
1.9%
Net income / revenue.
FCF margin
-12.8%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-1.2%
Cash from operations / revenue.
Effective tax rate
41.7%
Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)
21.4%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
5.3%
Net income / average total assets.
Return on invested capital (ROIC)
-11.7%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue
1.1%
Research and development expense / revenue.
Capex / revenue
11.6%
Capital expenditures / revenue.
D&A / revenue
3.4%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
29.5%
Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y
47.1%
Gross profit vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y
11.9%
EBITDA vs the same period a year earlier. Only from a positive base.
Net income growth, 1y
87.2%
Net income vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
-116.2%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
19.0%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
60.9%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
11.9%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.84x
Current assets / current liabilities.
Quick ratio
0.55x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.03x
(Cash + short-term investments) / current liabilities.
Free cash flow / net income, when net income is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
$0.01
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
$0.01
Net income per basic share, as reported (split-adjusted).
Revenue per share
$0.29
Revenue / diluted weighted shares.
FCF per share
-$0.04
Free cash flow / diluted weighted shares.
Operating cash flow per share
-$0.00
Cash from operations / diluted weighted shares.
Book value per share
$0.03
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/E
545x
Market cap / net income. Only when net income is positive.
P/S
10.5x
Market cap / revenue.
P/B
108x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
125x
Market cap / tangible book value, when positive.
EV/Sales
10.5x
Enterprise value / revenue.
EV/EBITDA
518x
Enterprise value / EBITDA, when both are positive.
FCF yield
-1.2%
Free cash flow / market cap.
Earnings yield
0.2%
Net income / market cap (the inverse of P/E).
What was ZKGC New Energy Ltd's revenue in fiscal 2023?
ZKGC New Energy Ltd reported revenue of $3.8M for fiscal 2023, 29.5% higher than the year before.
Was ZKGC New Energy Ltd profitable in fiscal 2023?
Yes. Net income was $73.2K, a net margin of 1.9%.
How much free cash flow did ZKGC New Energy Ltd generate in fiscal 2023?
Cash from operations of $43.6K minus capital expenditures of $440.9K left free cash flow of -$484.5K.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.