Yahoo Finance

Operations: The company generates CN¥2.27 billion in revenue from its operations within the footwear industry.

Market Cap: CN¥2.81B

Zhejiang Red Dragonfly Footwear Co., Ltd. is navigating challenges with a reported net loss of CN¥12.5 million for the nine months ending September 2024, a decline from a net income of CN¥47.97 million the previous year. Despite this, the company maintains financial stability with short-term assets of CN¥2.4 billion surpassing both its short-term and long-term liabilities, and more cash than total debt. However, profitability remains elusive as losses have compounded over five years at an annual rate of 41.3%. The company's dividend yield is not well-supported by earnings or free cash flow, indicating potential sustainability issues in payouts.

• Navigate through the intricacies of Zhejiang Red Dragonfly Footwear with our comprehensive balance sheet health report here.

• Gain insights into Zhejiang Red Dragonfly Footwear's historical outcomes by reviewing our past performance report.

Lubawa

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Lubawa S.A. is a manufacturer and distributor of products for army, police, municipal police, border patrol, fire brigade, and special forces in Poland and internationally with a market cap of PLN666.90 million.

Operations: The company's revenue is primarily derived from Specialist Equipment - Retail (PLN182.95 million), Fabrics (PLN141.35 million), and Advertising Materials (PLN138.45 million).

Market Cap: PLN666.9M

Lubawa S.A. has demonstrated significant financial improvement, with earnings growth of 7286.6% over the past year, far surpassing its five-year average and industry benchmarks. The company's recent quarterly results reflect this trend, with net income rising to PLN 15.06 million from PLN 1.63 million a year ago, supported by robust sales growth to PLN 104.08 million from PLN 66.98 million in the same period last year. Lubawa's financial health is strong; it holds more cash than debt and its short-term assets comfortably cover both short- and long-term liabilities, indicating sound liquidity management despite a relatively inexperienced management team.

• Get an in-depth perspective on Lubawa's performance by reading our balance sheet health report here.

• Learn about Lubawa's historical performance here.

Summing It All Up

• Click here to access our complete index of 5,787 Penny Stocks.

• Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports.

• Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.

Want To Explore Some Alternatives?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.

• Jump on the AI train with fast growing tech companies forging a new era of innovation.

• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include SEHK:6100 SHSE:603116 and WSE:LBW.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com