CATHAY INNOVATION : revenue, balance sheet and financial ratios

CATHAY INNOVATION is a French company founded 10 years ago, specialized in the sector Autres activités auxiliaires de services financiers, hors assurance et caisses de retraite, n.c.a.. Based in PARIS (75008), this company of category ETI shows in 2023 a revenue of 30.7 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - CATHAY INNOVATION (SIREN 818298184)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C 30 698 236 € 21 574 333 € 17 641 520 € 21 408 340 € 14 092 922 € 6 425 874 € 7 293 936 € 1 084 347 €
Net income 6 375 235 € 8 071 045 € 2 821 702 € 3 648 392 € 7 652 764 € 3 469 629 € 329 596 € 1 397 772 € 226 107 €
EBITDA N/C 10 213 534 € 3 034 821 € 4 299 007 € 11 059 255 € 4 880 664 € 467 160 € 2 206 125 € 366 898 €
Net margin N/C 26.3% 13.1% 20.7% 35.7% 24.6% 5.1% 19.2% 20.9%

Revenue and income statement

In 2024, CATHAY INNOVATION generates positive net income of 6.4 M€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 226 k€ -> 6.4 M€.

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

6 375 235 €

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 0%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 82%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.006%

Financial autonomy (2024) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

82.144%

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

64.7%

Solvency indicators evolution
CATHAY INNOVATION

Sector positioning

Debt ratio
0.01 2024
2022
2023
2024
Q1: 0.0
Med: 3.37
Q3: 50.52
Excellent

In 2024, the debt ratio of CATHAY INNOVATION (0.01) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
82.14% 2024
2022
2023
2024
Q1: 2.67%
Med: 40.69%
Q3: 75.63%
Excellent +12 pts over 3 years

In 2024, the financial autonomy of CATHAY INNOVATION (82.1%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.0 years 2023
2022
2023
Q1: -0.01 years
Med: 0.0 years
Q3: 1.17 years
Good +25 pts over 2 years

In 2023, the repayment capacity of CATHAY INNOVATION (0.00) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 531.19. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

531.186

Liquidity indicators evolution
CATHAY INNOVATION

Sector positioning

Liquidity ratio
531.19 2024
2022
2023
2024
Q1: 139.62
Med: 325.32
Q3: 1062.61
Good +22 pts over 3 years

In 2024, the liquidity ratio of CATHAY INNOVATION (531.19) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
0.0x 2023
2022
2023
Q1: -0.68x
Med: 0.0x
Q3: 0.46x
Good +25 pts over 2 years

In 2023, the interest coverage of CATHAY INNOVATION (0.0x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

Operating WCR (2024) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

0 €

Customer credit (2024) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

0 j

Supplier credit (2024) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

0 j

Inventory turnover (2024) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR and payment terms evolution
CATHAY INNOVATION

Positioning of CATHAY INNOVATION in its sector

Comparison with sector Autres activités auxiliaires de services financiers, hors assurance et caisses de retraite, n.c.a.

Valuation estimate

Based on 103 transactions of similar company sales (all years), the value of CATHAY INNOVATION is estimated at 21 333 365 € (range 7 814 886€ - 54 843 110€). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.

Estimated enterprise value 2024
103 transactions
7814k€ 21333k€ 54843k€
21 333 365 € Range: 7 814 886€ - 54 843 110€
NAF 5 all-time

Valuation method used

Net Income Multiple
6 375 235 € × 3.3x = 21 333 365 €
Range: 7 814 886€ - 54 843 110€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 103 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Autres activités auxiliaires de services financiers, hors assurance et caisses de retraite, n.c.a.)

Compare CATHAY INNOVATION with other companies in the same sector:

Voir toutes les statistiques du secteur Autres activités auxiliaires de services financiers, hors assurance et caisses de retraite, n.c.a.

Frequently asked questions about CATHAY INNOVATION

What is the revenue of CATHAY INNOVATION ?

The revenue of CATHAY INNOVATION in 2023 is 30.7 M€.

Is CATHAY INNOVATION profitable?

Yes, CATHAY INNOVATION generated a net profit of 6.4 M€ in 2024.

Where is the headquarters of CATHAY INNOVATION ?

The headquarters of CATHAY INNOVATION is located in PARIS (75008), in the department Paris.

Where to find the tax return of CATHAY INNOVATION ?

The tax return of CATHAY INNOVATION is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does CATHAY INNOVATION operate?

CATHAY INNOVATION operates in the sector Autres activités auxiliaires de services financiers, hors assurance et caisses de retraite, n.c.a. (NAF code 66.19B). See the 'Sector positioning' section above to compare the company with its competitors.