Financial Snapshot

Revenue
$231.7M
TTM
Gross Margin
1.71%
TTM
Net Earnings
-$579.8K
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
574.71%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$13.87M
Q2 2024
Cash
Q2 2024
P/E
-199.9
Nov 29, 2024 EST
Free Cash Flow
-$1.652M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020
Revenue $51.60M $94.32M $86.68M $72.36M $61.56M
YoY Change -45.29% 8.82% 19.78% 17.55%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020
Revenue $51.60M $94.32M $86.68M $72.36M $61.56M
Cost Of Revenue $50.91M $92.70M $85.21M $71.33M $61.32M
Gross Profit $694.3K $1.615M $1.471M $1.031M $241.5K
Gross Profit Margin 1.35% 1.71% 1.7% 1.42% 0.39%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020
Selling, General & Admin $1.567M $1.461M $1.345M $1.121M $516.1K
YoY Change 7.3% 8.64% 19.9% 117.29%
% of Gross Profit 225.72% 90.47% 91.39% 108.8% 213.7%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $7.300K $2.000K $1.800K $1.160K $470.00
YoY Change 265.0% 11.11% 55.17% 146.81%
% of Gross Profit 1.05% 0.12% 0.12% 0.11% 0.19%
Operating Expenses $1.567M $1.461M $1.345M $1.121M $516.1K
YoY Change 7.3% 8.64% 19.9% 117.29%
Operating Profit -$872.9K $153.9K $126.7K -$90.66K -$274.6K
YoY Change -667.18% 21.52% -239.7% -66.98%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020
Interest Expense $246.2K $1.370K $3.480K $1.250K -$7.900K
YoY Change 17870.07% -60.63% 178.4% -115.82%
% of Operating Profit 0.89% 2.75%
Other Income/Expense, Net $266.8K $88.71K $93.38K $316.2K $91.59K
YoY Change 200.75% -5.0% -70.47% 245.25%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020
Pretax Income -$606.1K $244.0K $223.5K $226.8K -$190.9K
YoY Change -348.41% 9.16% -1.45% -218.8%
Income Tax $142.4K $38.08K $272.5K $236.4K $55.90K
% Of Pretax Income 15.61% 121.93% 104.22%
Net Earnings -$748.5K $205.9K -$49.02K -$9.560K -$246.8K
YoY Change -463.53% -520.05% 412.76% -96.13%
Net Earnings / Revenue -1.45% 0.22% -0.06% -0.01% -0.4%
Basic Earnings Per Share -$0.03 $0.01 $0.00
Diluted Earnings Per Share -$0.03 $0.01 $0.00 $0.00 -$0.01

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020
Cash & Short-Term Investments $4.834M $1.294M $1.519M $789.0K $948.6K
YoY Change 273.68% -14.82% 92.5% -16.83%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $2.124M $17.01K $13.04K $27.09K $12.63K
YoY Change 12389.07% 30.44% -51.86% 114.49%
Inventory
Prepaid Expenses
Receivables $396.3K $264.8K $282.5K $1.087M $1.775M
Other Receivables $9.384M $3.029M $20.61M $557.4K $3.059M
Total Short-Term Assets $16.74M $4.604M $22.43M $2.460M $5.794M
YoY Change 263.55% -79.47% 811.54% -57.54%
Property, Plant & Equipment $25.53K $3.730K $3.350K $2.340K $1.730K
YoY Change 584.45% 11.34% 43.16% 35.26%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $23.74K $246.0K $472.7K $1.820K $40.00
YoY Change -90.35% -47.96% 25869.78% 4450.0%
Total Long-Term Assets $54.99K $249.7K $476.0K $4.160K $1.770K
YoY Change -77.98% -47.54% 11342.31% 135.03%
Total Assets $16.79M $4.854M $22.90M $2.465M $5.796M
YoY Change
Accounts Payable $718.1K $573.6K $0.00 $1.660M $850.00
YoY Change 25.19% -100.0% 195183.53%
Accrued Expenses $52.63K $30.53K $31.52K $27.24K $22.43K
YoY Change 72.39% -3.14% 15.71% 21.44%
Deferred Revenue
YoY Change
Short-Term Debt $701.6K $138.4K $0.00 $0.00 $479.0K
YoY Change 406.96% -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.913M $3.783M $21.99M $2.389M $5.012M
YoY Change -23.01% -82.8% 820.55% -52.33%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $7.580K
YoY Change
Total Long-Term Liabilities $7.580K $0.00 $0.00 $0.00 $0.00
YoY Change
Total Liabilities $2.920M $3.783M $21.99M $2.389M $5.012M
YoY Change -22.8% -82.8% 820.55% -52.33%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020
Basic Shares Outstanding 25.25M shares 24.00M shares 23.13M shares
Diluted Shares Outstanding 25.25M shares 24.00M shares 23.13M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $115.91 Million

About U-BX Technology Ltd.

U-BX Technology Ltd is a CN-based company operating in IT Services industry. The company is headquartered in Beijing, Beijing. The company went IPO on 2024-03-28. U-BX Technology Ltd is a holding company mainly engaged in the provision of insurance value-added services. Through digital promotion services, the Company help institutional clients obtain visibility on various social media platforms based on consumers’ clicks, views or clients’ promotion time. The risk assessment services use their main product algorithmic model Magic Mirror to calculate payout risks for insurance carriers to underwrite auto insurance coverage. The firm also generates individualized risk reports based on the vehicle brand, model, travel area, and vehicle age. The firm sells value-added bundled benefits to insurance carriers. These benefits comprise regular service codes, which carriers provide to their clients as part of the latter’s service package, as well as vehicle moving notification service codes. The firm also operates a mini-program Wowobaodian, which publishes insurance industry trends, insurance-related knowledge and most recent insurance policies.

Industry: Services-Computer Programming, Data Processing, Etc. Peers: Taoping Inc. HiTek Global Inc.