Cloopen Group Holding Ltd - Understand $raasy stock

$RAASY Market Cap: $27.18 Million

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Financial Snapshot

Revenue

$1.303B

TTM

Gross Margin

40.91%

TTM

Net Earnings

-$6.001B

TTM

Current Assets

$311.4M

Q4 2022

Current Liabilities

$107.9M

Q4 2022

Current Ratio

288.5%

Q4 2022

Total Assets

$335.4M

Q4 2022

Total Liabilities

$109.2M

Q4 2022

Book Value

$226.2M

Q4 2022

Cash

$526.7M

Q4 2022

P/E

-0.004529

Nov 14, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2022	2021	2020	2019	2018
Revenue	$593.6M	$752.7M	$767.7M	$650.3M	$501.5M
YoY Change	-21.13%	-1.96%	18.05%	29.67%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2022	2021	2020	2019	2018
Revenue	$593.6M	$752.7M	$767.7M	$650.3M	$501.5M
Cost Of Revenue	$53.26M	$75.44M	$460.7M	$382.9M	$313.0M
Gross Profit	$32.81M	$42.67M	$307.0M	$267.4M	$188.5M
Gross Profit Margin	5.53%	5.67%	39.99%	41.12%	37.59%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2022	2021	2020	2019	2018
Selling, General & Admin	$84.75M	$107.6M	$411.5M	$275.7M	$230.8M
YoY Change	-21.22%	-73.86%	49.26%	19.45%
% of Gross Profit	258.29%	252.1%	134.04%	103.1%	122.44%
Research & Development	$326.5M	$297.4M	$171.9M	$160.5M	$125.2M
YoY Change	9.8%	72.98%	7.1%	28.19%
% of Gross Profit	995.13%	696.85%	55.99%	60.02%	66.42%
Depreciation & Amortization	$2.014M	$1.648M	$8.600M	$8.300M	$7.700M
YoY Change	22.21%	-80.84%	3.61%	7.79%
% of Gross Profit	6.14%	3.86%	2.8%	3.1%	4.08%
Operating Expenses	$174.0M	$185.7M	$590.3M	$443.2M	$362.9M
YoY Change	-6.28%	-68.54%	33.19%	22.13%
Operating Profit	-$141.2M	-$143.0M	-$283.3M	-$175.8M	-$174.4M
YoY Change	-1.26%	-49.51%	61.15%	0.8%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2022	2021	2020	2019	2018
Interest Expense	$62.00K	$57.00K	-$8.000M	-$7.200M	$27.00M
YoY Change	8.77%	-100.71%	11.11%	-126.67%
% of Operating Profit
Other Income/Expense, Net	$0.00	-$29.01M	-$221.5M	$100.0K	-$500.0K
YoY Change	-100.0%	-86.9%	-221600.0%	-120.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2022	2021	2020	2019	2018
Pretax Income	-$976.2M	-$893.3M	-$498.2M	-$182.8M	-$152.8M
YoY Change	9.28%	79.31%	172.54%	19.63%
Income Tax	-$342.0K	$11.12M	$1.600M	$700.0K	$2.700M
% Of Pretax Income
Net Earnings	-$974.9M	-$903.9M	-$492.2M	-$174.8M	-$139.2M
YoY Change	7.86%	83.64%	181.58%	25.57%
Net Earnings / Revenue	-164.23%	-120.08%	-64.11%	-26.88%	-27.76%
Basic Earnings Per Share	-$3.03	-$19.62	-$18.55	-$2.68
Diluted Earnings Per Share	-$3.03	-$19.62	-$1.540M	-$546.8K	-$435.4K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2022	2021	2020	2019	2018
Cash & Short-Term Investments	$1.855B	$2.394B	$456.9M	$236.4M	$87.90M
YoY Change	-22.52%	423.87%	93.27%	168.94%
Cash & Equivalents
Short-Term Investments	$1.328B	$1.737B	$160.3M	$72.30M	$3.000M
Other Short-Term Assets	$81.29M	$106.6M	$127.2M	$103.4M	$76.00M
YoY Change	-23.75%	-16.19%	23.02%	36.05%
Inventory
Prepaid Expenses
Receivables	$184.5M	$180.1M	$274.6M	$244.4M	$168.4M
Other Receivables	$27.47M	$30.75M	$20.30M	$17.00M	$15.50M
Total Short-Term Assets	$2.148B	$2.711B	$879.0M	$601.2M	$347.8M
YoY Change	-20.77%	208.43%	46.21%	72.86%
Property, Plant & Equipment	$30.73M	$14.09M	$16.40M	$17.90M	$14.50M
YoY Change	118.04%	-14.06%	-8.38%	23.45%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$58.53M	$127.7M	$66.20M	$40.10M	$33.50M
YoY Change	-54.18%	92.97%	65.09%	19.7%
Other Assets	$4.580M	$3.128M	$4.900M	$4.800M	$5.800M
YoY Change	46.42%	-36.16%	2.08%	-17.24%
Total Long-Term Assets	$165.2M	$315.2M	$89.50M	$66.20M	$58.60M
YoY Change	-47.58%	252.15%	35.2%	12.97%
Total Assets	$2.313B	$3.026B	$968.5M	$667.4M	$406.4M
YoY Change
Accounts Payable	$122.1M	$148.0M	$131.6M	$152.0M	$90.30M
YoY Change	-17.49%	12.48%	-13.42%	68.33%
Accrued Expenses	$190.4M	$86.44M	$57.50M	$45.70M	$33.30M
YoY Change	120.29%	50.34%	25.82%	37.24%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$5.500M	$20.00M	$26.80M	$19.90M
YoY Change	-100.0%	-72.5%	-25.37%	34.67%
Long-Term Debt Due	$0.00		$0.00
YoY Change
Total Short-Term Liabilities	$744.5M	$700.7M	$776.7M	$359.6M	$266.1M
YoY Change	6.24%	-9.78%	115.99%	35.14%
Long-Term Debt	$0.00	$8.004M	$0.00	$96.20M	$0.00
YoY Change	-100.0%		-100.0%
Other Long-Term Liabilities	$7.358M	$3.334M	$19.50M	$19.60M	$5.000M
YoY Change	120.7%	-82.9%	-0.51%	292.0%
Total Long-Term Liabilities	$7.358M	$11.34M	$19.50M	$115.8M	$5.000M
YoY Change	-35.1%	-41.86%	-83.16%	2216.0%
Total Liabilities	$749.9M	$719.9M	$798.5M	$459.6M	$264.7M
YoY Change	4.16%	-9.84%	73.74%	73.63%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2022	2021	2020	2019
Basic Shares Outstanding	321.9M shares	294.8M	85.10M	89.57M
Diluted Shares Outstanding	321.9M shares	294.8M	85.10M	89.57M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $27.178 Million

About Cloopen Group Holding Ltd

Cloopen Group Holding Ltd. provides cloud based communications solutions. The company is headquartered in Beijing, Beijing and currently employs 1,424 full-time employees. The company went IPO on 2021-02-09. The firm offers cloud-based communications solutions, covering communications platform as a service (CPaaS), cloud-based contact centers (cloud-based CC), and cloud-based unified communications and collaborations (cloud-based UC&C). The firm serves industries such as internet, telecommunications, financial services, education, industrial manufacturing and energy.

Industry: Services-Prepackaged Software Peers: Huaizhong Health Group, Inc. Agora Inc Aurora Mobile Ltd OneConnect Financial Technology Co Ltd Xunlei Ltd