NYSEAMERICAN : GCDT
Green Circle Decarbonize Technology Limited — Financial statements
Industrials · Building Products & Equipment · Hong Kong
Last price 0.127 USD (Oct 30, 2026, 4:00 PM) · Market cap 490.97K
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Financial statements
Green Circle Decarbonize Technology Limited (GCDT) reported revenue of 25.05M HKD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year April - March; amounts in HKD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 25.05M | 25.05M | 16.57M | 5.24M | 6.59M | 6.87M |
| Cost of Revenue | 20.71M | 20.71M | 12.82M | 3.79M | 4.11M | 3.16M |
| Gross Profit | 4.35M | 4.35M | 3.75M | 1.45M | 2.48M | 3.71M |
| Selling, General & Admin | 10.85M | 10.85M | 7.39M | 6.63M | 4.54M | 3.51M |
| Operating Expenses | 11.18M | 11.18M | 7.67M | 7.10M | 5.11M | 4.03M |
| Operating Income | -6.83M | -6.83M | -3.92M | -5.66M | -2.63M | -321.79K |
| Interest Expense | -576.36K | -576.36K | -2.45M | -2.51M | -2.53M | -2.57M |
| Interest & Investment Income | 91.94K | 91.94K | 6.83K | 6.29K | 6.28K | 5.61K |
| Other Non Operating Income (Expenses) | 132.28K | 132.28K | 36.00K | 226.00K | 7.35K | |
| EBT Excluding Unusual Items | -7.19M | -7.19M | -6.32M | -7.94M | -5.15M | -2.88M |
| Gain (Loss) on Sale of Assets | 104.09K | |||||
| Other Unusual Items | -5.93M | -5.93M | 14.88K | 57.53K | ||
| Pretax Income | -13.11M | -13.11M | -5.98M | -7.92M | -4.99M | -2.88M |
| Income Tax Expense | -130.34K | |||||
| Net Income | -13.11M | -13.11M | -5.98M | -7.92M | -4.99M | -2.75M |
| Net Income to Common | -13.11M | -13.11M | -5.98M | -7.92M | -4.99M | -2.75M |
| Shares Outstanding (Basic) | 1.76M | 1.76M | 1.67M | 1.54M | 1.50M | 184.45K |
| Shares Outstanding (Diluted) | 1.76M | 1.76M | 1.67M | 1.54M | 1.50M | 184.45K |
| EPS (Basic) | -7.44 | -7.44 | -3.59 | -5.16 | -3.33 | -14.92 |
| EPS (Diluted) | -7.44 | -7.44 | -3.59 | -5.16 | -3.33 | -14.92 |
| Free Cash Flow | -24.10M | -24.10M | 3.77M | 1.36M | 3.22M | 2.85M |
| Free Cash Flow Per Share | -13.67 | -13.67 | 2.26 | 0.89 | 2.15 | 15.46 |
| Gross Margin | 17.34% | 17.34% | 22.63% | 27.60% | 37.58% | 54.00% |
| Operating Margin | -27.28% | -27.28% | -23.63% | -108.03% | -39.92% | -4.69% |
| Profit Margin | -52.35% | -52.35% | -36.09% | -151.28% | -75.81% | -40.07% |
| Free Cash Flow Margin | -96.22% | -96.22% | 22.77% | 25.96% | 48.91% | 41.52% |
| EBITDA | -3.31M | -3.31M | -449.11K | -2.08M | 859.33K | 2.83M |
| EBITDA Margin | -13.20% | -13.20% | -2.71% | -39.73% | 13.05% | 41.17% |
| D&A For EBITDA | 3.53M | 3.53M | 3.47M | 3.58M | 3.49M | 3.15M |
| EBIT | -6.83M | -6.83M | -3.92M | -5.66M | -2.63M | -321.79K |
| EBIT Margin | -27.28% | -27.28% | -23.63% | -108.03% | -39.92% | -4.69% |
Balance sheet
Fiscal year April - March; amounts in HKD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 36.31M | 36.31M | 1.38M | 258.30K | 376.72K | 571.65K |
| Cash & Short-Term Investments | 36.31M | 36.31M | 1.38M | 258.30K | 376.72K | 571.65K |
| Accounts Receivable | 5.41M | 5.41M | 1.63M | 600.99K | 646.71K | 646.71K |
| Other Receivables | 36.88K | 36.88K | 11.26K | 492.55K | 769.12K | 2.12M |
| Receivables | 5.45M | 5.45M | 1.64M | 1.09M | 1.42M | 2.77M |
| Inventory | 496.45K | |||||
| Prepaid Expenses | 833.09K | 833.09K | 2.29M | 1.76M | 905.05K | 29.65K |
| Other Current Assets | 324.52K | 324.52K | 2.13M | 935.30K | 1.75M | 711.21K |
| Total Current Assets | 42.91M | 42.91M | 7.45M | 4.04M | 4.45M | 4.58M |
| Property, Plant & Equipment | 21.40M | 21.40M | 14.67M | 18.36M | 23.20M | 25.11M |
| Other Long-Term Assets | 757.16K | 757.16K | 2.36M | 1.54M | 127.29K | 79.26K |
| Total Assets | 65.08M | 65.08M | 24.48M | 23.95M | 27.77M | 29.77M |
| Accounts Payable | 197.04K | 197.04K | 82.56K | 499.35K | 926.55K | 1.01M |
| Accrued Expenses | 2.18M | 2.18M | 3.17M | 3.12M | 2.53M | 2.39M |
| Short-Term Debt | 7.56M | 7.56M | 30.73M | 30.48M | 31.06M | 32.74M |
| Current Portion of Leases | 194.50K | 194.50K | 169.58K | 214.98K | 653.40K | 535.34K |
| Current Unearned Revenue | 4.67M | |||||
| Other Current Liabilities | 32.10K | 32.10K | 6.66M | 5.69M | 4.78M | 1.33M |
| Total Current Liabilities | 10.16M | 10.16M | 45.49M | 40.00M | 39.94M | 38.01M |
| Long-Term Leases | 368.62K | 368.62K | 169.58K | 1.10M | 42.77K | |
| Long-Term Deferred Tax Liabilities | 4.04M | |||||
| Total Liabilities | 10.53M | 10.53M | 45.49M | 40.17M | 41.05M | 42.09M |
| Common Stock | 100.42K | 100.42K | 78.00K | 78.00K | 70.20K | 70.20K |
| Additional Paid-In Capital | 92.40M | 92.40M | 5.05M | 5.05M | 3.11M | 3.11M |
| Retained Earnings | -50.47M | -50.47M | -37.35M | -31.37M | -23.45M | -22.50M |
| Comprehensive Income & Other | 12.51M | 12.51M | 11.22M | 10.02M | 7.00M | 7.00M |
| Shareholders' Equity | 54.54M | 54.54M | -21.00M | -16.22M | -13.27M | -12.32M |
| Total Liabilities & Equity | 65.08M | 65.08M | 24.48M | 23.95M | 27.77M | 29.77M |
| Total Debt | 8.12M | 8.12M | 30.90M | 30.86M | 32.81M | 33.32M |
| Net Cash (Debt) | 28.18M | 28.18M | -29.52M | -30.60M | -32.44M | -32.75M |
| Net Cash Per Share | 15.99 | 15.99 | -17.71 | -19.92 | -21.62 | -177.53 |
| Filing Date Shares Outstanding | 1.86M | 1.86M | 1.67M | 1.67M | 1.50M | 1.50M |
| Total Common Shares Outstanding | 1.86M | 1.86M | 1.67M | 1.67M | 1.50M | 1.50M |
| Working Capital | 32.75M | 32.75M | -38.03M | -35.96M | -35.50M | -33.43M |
| Book Value Per Share | 29.34 | 29.34 | -12.60 | -9.73 | -8.85 | -8.21 |
| Tangible Book Value | 54.54M | 54.54M | -21.00M | -16.22M | -13.27M | -12.32M |
| Tangible Book Value Per Share | 29.34 | 29.34 | -12.60 | -9.73 | -8.85 | -8.21 |
| Machinery | 33.47M | 33.47M | 33.44M | 33.44M | 33.46M | 33.06M |
Cash flow statement
Fiscal year April - March; amounts in HKD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -13.11M | -13.11M | -5.98M | -7.92M | -4.99M | -2.75M |
| Depreciation & Amortization | 3.75M | 3.75M | 3.69M | 4.00M | 4.01M | 3.65M |
| Loss (Gain) From Sale of Assets | -104.09K | |||||
| Stock-Based Compensation | 390.00K | 390.00K | 390.00K | 85.97K | ||
| Provision & Write-off of Bad Debts | 481.29K | -7.35K | ||||
| Other Operating Activities | 6.36M | 6.36M | 3.64M | 2.27M | 2.52M | 2.44M |
| Change in Accounts Receivable | -3.80M | -3.80M | -1.03M | 45.72K | 375.18K | 2.31M |
| Change in Inventory | 496.45K | 7.30K | ||||
| Change in Accounts Payable | -4.96M | -4.96M | 440.99K | 2.88M | 2.48M | -171.86K |
| Change in Unearned Revenue | -4.67M | -4.67M | 4.67M | -273.12K | ||
| Change in Other Net Operating Assets | 529.12K | 529.12K | -1.26M | -1.73K | -1.13M | 28.86K |
| Operating Cash Flow | -15.52M | -15.52M | 5.05M | 1.36M | 3.66M | 5.23M |
| Capital Expenditures | -8.58M | -8.58M | -1.27M | -436.18K | -2.38M | |
| Sale of Property, Plant & Equipment | 114.91K | |||||
| Investing Cash Flow | -8.58M | -8.58M | -1.27M | -321.27K | -2.38M | |
| Short-Term Debt Issued | 5.17M | 5.17M | 843.65K | 2.39M | 1.19M | 1.20M |
| Total Debt Issued | 5.17M | 5.17M | 843.65K | 2.39M | 1.19M | 1.20M |
| Short-Term Debt Repaid | -16.03M | -16.03M | -1.29M | -839.75K | -1.17M | -712.15K |
| Long-Term Debt Repaid | -219.42K | -219.42K | -214.98K | -389.43K | -443.55K | -522.00K |
| Lease Payments | -219.42K | -219.42K | -214.98K | -389.43K | -443.55K | -522.00K |
| Total Debt Repaid | -16.25M | -16.25M | -1.51M | -1.23M | -1.61M | -1.23M |
| Net Debt Issued (Repaid) | -11.08M | -11.08M | -664.95K | 1.17M | -424.80K | -29.75K |
| Issuance of Common Stock | 77.47M | 77.47M | ||||
| Other Financing Activities | -7.35M | -7.35M | -1.98M | -2.64M | -3.11M | -3.18M |
| Financing Cash Flow | 59.03M | 59.03M | -2.65M | -1.48M | -3.53M | -3.21M |
| Net Cash Flow | 34.92M | 34.92M | 1.13M | -118.42K | -194.93K | -362.98K |
| Free Cash Flow | -24.10M | -24.10M | 3.77M | 1.36M | 3.22M | 2.85M |
| Free Cash Flow Margin | -96.22% | -96.22% | 22.77% | 25.96% | 48.91% | 41.52% |
| Free Cash Flow Per Share | -13.67 | -13.67 | 2.26 | 0.89 | 2.15 | 15.46 |
| Levered Free Cash Flow | -21.79M | -21.79M | 1.83M | 343.80K | 3.79M | -3.30M |
| Unlevered Free Cash Flow | -21.43M | -21.43M | 3.36M | 1.91M | 5.37M | -1.70M |
| Free Cash Flow After Leases | -24.32M | -24.32M | 3.56M | 969.88K | 2.78M | 2.33M |
| Cash Interest Paid | 1.30M | 1.30M | 1.98M | 2.64M | 3.11M | 3.18M |
| Change in Working Capital | -12.91M | -12.91M | 2.82M | 2.93M | 2.22M | 1.90M |
Ratios
Fiscal year April - March; amounts in HKD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 490.96K | 13.00M | ||||
| Enterprise Value | -3.10M | 17.11M | ||||
| Last Close Price | 0.13 | 6.06 | ||||
| PS Ratio | 0.15 | 4.07 | ||||
| PB Ratio | 0.03 | 1.87 | ||||
| P/TBV Ratio | 0.07 | 1.87 | ||||
| EV/Sales Ratio | 5.36 | |||||
| Debt / Equity Ratio | 0.15 | 0.15 | -1.47 | -1.90 | -2.47 | -2.71 |
| Debt / EBITDA Ratio | 23.71 | 10.02 | ||||
| Debt / FCF Ratio | 8.19 | 22.70 | 10.19 | 11.69 | ||
| Net Debt / Equity Ratio | -0.52 | -0.52 | -1.41 | -1.89 | -2.44 | -2.66 |
| Net Debt / EBITDA Ratio | 8.52 | 8.52 | -65.73 | -14.71 | 37.75 | 11.58 |
| Net Debt / FCF Ratio | 1.17 | 1.17 | 7.82 | 22.51 | 10.07 | 11.48 |
| Asset Turnover | 0.56 | 0.56 | 0.68 | 0.20 | 0.23 | 0.24 |
| Inventory Turnover | 6.32 | |||||
| Quick Ratio | 4.11 | 4.11 | 0.07 | 0.03 | 0.04 | 0.09 |
| Current Ratio | 4.22 | 4.22 | 0.16 | 0.10 | 0.11 | 0.12 |
| Return on Equity (ROE) | -78.20% | -78.20% | ||||
| Return on Assets (ROA) | -9.54% | -9.54% | -10.11% | -13.67% | -5.71% | -0.69% |
| Return on Capital Employed (ROCE) | -12.40% | -12.40% | 18.60% | 35.20% | 21.60% | 3.90% |
| Earnings Yield | -747.12% | -12.86% | ||||
| FCF Yield | -625.87% | -23.64% | ||||
| Buyback Yield / Dilution | -5.77% | -5.77% | -8.48% | -2.43% | -713.21% | 97.95% |