Rubber Leaf Inc - Understand $rlea stock

$RLEA Market Cap: $238.4 Million

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Financial Snapshot

Revenue

$6.916M

TTM

Gross Margin

-7.92%

TTM

Net Earnings

-$1.773M

TTM

Current Assets

$10.36M

Q3 2024

Current Liabilities

$23.09M

Q3 2024

Current Ratio

44.87%

Q3 2024

Total Assets

$21.05M

Q3 2024

Total Liabilities

$23.09M

Q3 2024

Book Value

-$2.036M

Q3 2024

Cash

$2.231M

Q3 2024

P/E

-134.5

Nov 25, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020
Revenue	$9.990M	$10.65M	$14.60M	$16.66M
YoY Change	-6.18%	-27.07%	-12.39%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020
Revenue	$9.990M	$10.65M	$14.60M	$16.66M
Cost Of Revenue	$10.35M	$9.150M	$15.78M	$15.39M
Gross Profit	-$356.0K	$1.498M	-$1.184M	$1.279M
Gross Profit Margin	-3.56%	14.07%	-8.11%	7.68%

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	2023	2022	2021	2020
Selling, General & Admin	$797.2K	$985.7K	$1.501M	$596.5K
YoY Change	-19.13%	-34.34%	151.66%
% of Gross Profit		65.78%		46.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$599.4K	$660.8K	$601.3K	$265.0K
YoY Change	-9.28%	9.88%	126.95%
% of Gross Profit		44.1%		20.71%
Operating Expenses	$797.2K	$985.7K	$1.741M	$596.5K
YoY Change	-19.13%	-43.38%	191.85%
Operating Profit	-$1.153M	$512.7K	-$2.925M	$682.9K
YoY Change	-324.92%	-117.53%	-528.28%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020
Interest Expense	$237.6K	$187.5K	$183.5K	-$40.02K
YoY Change	26.69%	2.17%	-558.63%
% of Operating Profit		36.57%		-5.86%
Other Income/Expense, Net	-$228.9K	$255.7K	-$245.0K	$10.38K
YoY Change	-189.51%	-204.37%	-2460.12%

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	2023	2022	2021	2020
Pretax Income	-$1.382M	$768.4K	-$3.170M	$653.2K
YoY Change	-279.86%	-124.24%	-585.22%
Income Tax	$16.07K	$11.03K		$216.0K
% Of Pretax Income		1.44%		33.07%
Net Earnings	-$1.398M	$757.4K	-$3.170M	$437.2K
YoY Change	-284.6%	-123.9%	-824.93%
Net Earnings / Revenue	-14.0%	7.11%	-21.71%	2.62%
Basic Earnings Per Share	$0.00	$0.02	-$0.08
Diluted Earnings Per Share	$0.00	$0.02	-$0.06	$0.01

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
Cash & Short-Term Investments	$51.42K	$51.16K	$8.510K
YoY Change	0.51%	501.18%
Cash & Equivalents	$51.42K	$51.16K	$8.510K
Short-Term Investments
Other Short-Term Assets	$3.796M	$3.796M	$3.367M
YoY Change	-0.01%	12.76%
Inventory	$1.338M	$478.7K	$43.15K
Prepaid Expenses
Receivables	$4.666M	$2.919M	$2.711M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$9.852M	$7.245M	$6.129M
YoY Change	35.98%	18.2%
Property, Plant & Equipment	$6.800M	$5.421M	$3.664M
YoY Change	25.43%	47.94%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets		$0.00	$24.52K
YoY Change		-100.0%
Total Long-Term Assets	$8.903M	$7.753M	$5.783M
YoY Change	14.84%	34.06%
Total Assets	$18.75M	$15.00M	$11.91M
YoY Change
Accounts Payable	$10.72M	$8.961M	$5.744M
YoY Change	19.63%	56.0%
Accrued Expenses	$0.00	$47.23K	$156.0K
YoY Change	-100.0%	-69.72%
Deferred Revenue
YoY Change
Short-Term Debt	$3.779M	$3.856M	$0.00
YoY Change	-2.0%
Long-Term Debt Due			$3.142M
YoY Change
Total Short-Term Liabilities	$17.93M	$14.94M	$10.10M
YoY Change	20.0%	47.97%
Long-Term Debt	$0.00	$0.00	$1.185M
YoY Change		-100.0%
Other Long-Term Liabilities		$0.00
YoY Change
Total Long-Term Liabilities	$0.00	$0.00	$1.185M
YoY Change		-100.0%
Total Liabilities	$17.93M	$14.94M	$11.28M
YoY Change	20.0%	32.43%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021
Basic Shares Outstanding	41.01M shares	40.98M shares	40.56M shares
Diluted Shares Outstanding	41.01M shares	40.98M shares
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: $238.43 Million

About Rubber Leaf Inc

Rubber Leaf, Inc. engages in the import and export trade, manufacture, and sale of synthetic rubber, rubber compound, car window seals, and auto parts through its subsidiary. The company is headquartered in Ningbo, Zhejiang and currently employs 24 full-time employees. The company went IPO on 2023-04-04. The firm's main businesses include production and sales of synthetic rubber, rubber compound, car window seals, auto parts and others. The firm distributes its products in domestic and overseas markets.

Industry: Motor Vehicle Parts & Accessories Peers: Kandi Technologies Group, Inc. Hesai Group