What is Hainan Manaslu Acquisition Corp's earnings per share (EPS)?

Hainan Manaslu Acquisition Corp (ABLVW) reported diluted earnings per share of $0.02 for fiscal year 2025. This represents a 111.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Hainan Manaslu Acquisition Corp Financials

ABLVW

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Hainan Manaslu Acquisition Corp (ABLVW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI ABLVW FY2024 2026-04-22

A sharp gross-margin collapse turned a once cash-releasing working-capital model into a business relying on external financing to preserve cash.

FY2023’s cash-conversion surge looked stronger than its earnings base because operating cash flow reached $23.6M against net income of $9.8M. But FY2024 still cut inventory by $11.1M and produced -$2.2M of operating cash flow, implying that earlier cash strength came largely from working-capital release rather than a sturdier profit engine.

The FY2024 operating loss was driven mainly by a gross-margin collapse, not by runaway overhead: gross margin fell to 9.2% from 24.8% while selling and admin expense stayed broadly flat. That points to weaker unit economics or a less favorable revenue mix, because the damage happened above the SG&A line rather than in corporate overhead.

Cash ended FY2024 at $15.2M even though operating cash flow was -$2.2M. That happened because financing activity supplied $4.0M, so liquidity was preserved externally after operations stopped funding themselves.

Financial Health Signals

Financial Profile 34/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Hainan Manaslu Acquisition Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Hainan Manaslu Acquisition Corp has an operating margin of -0.5%, meaning the company retains $-0 of operating profit per $100 of revenue. This below-average margin results in a low score of 26/100, suggesting thin profitability after operating expenses. This is down from -0.2% the prior year.

Growth

Hainan Manaslu Acquisition Corp's revenue declined 17% year-over-year, from $126.8M to $105.2M. This contraction results in a growth score of 17/100.

Leverage

Hainan Manaslu Acquisition Corp carries a low D/E ratio of 0.28, meaning only $0.28 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Hainan Manaslu Acquisition Corp's current ratio of 1.62 is below the typical benchmark, resulting in a score of 28/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

Hainan Manaslu Acquisition Corp has a free cash flow margin of 1.1%, earning a moderate score of 34/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Hainan Manaslu Acquisition Corp generates a 10.5% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -104.6% the prior year.

Piotroski F-Score Neutral

5/9

Hainan Manaslu Acquisition Corp passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

1.46x

For every $1 of reported earnings, Hainan Manaslu Acquisition Corp generates $1.46 in operating cash flow ($1.2M OCF vs $820K net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage At Risk

-0.7x

Hainan Manaslu Acquisition Corp earns $-0.7 in operating income for every $1 of interest expense (-$487K vs $672K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$105.2M

YoY-17.0%

Hainan Manaslu Acquisition Corp generated $105.2M in revenue in fiscal year 2025. This represents a decrease of 17.0% from the prior year.

EBITDA

-$433K

YoY-328.8%

Hainan Manaslu Acquisition Corp's EBITDA was -$433K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 328.8% from the prior year.

Net Income

$820K

YoY+111.1%

Hainan Manaslu Acquisition Corp reported $820K in net income in fiscal year 2025. This represents an increase of 111.1% from the prior year.

EPS (Diluted)

$0.02

YoY+111.8%

Hainan Manaslu Acquisition Corp earned $0.02 per diluted share (EPS) in fiscal year 2025. This represents an increase of 111.8% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$1.2M

YoY+150.6%

Hainan Manaslu Acquisition Corp generated $1.2M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 150.6% from the prior year.

Cash & Debt

$9.0M

YoY-40.7%

Hainan Manaslu Acquisition Corp held $9.0M in cash against $2.2M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

11.3%

YoY-0.1pp

Hainan Manaslu Acquisition Corp's gross margin was 11.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.1 percentage points from the prior year.

Operating Margin

-0.5%

YoY-0.3pp

Hainan Manaslu Acquisition Corp's operating margin was -0.5% in fiscal year 2025, reflecting core business profitability. This is down 0.3 percentage points from the prior year.

Net Margin

0.8%

YoY+6.6pp

Hainan Manaslu Acquisition Corp's net profit margin was 0.8% in fiscal year 2025, showing the share of revenue converted to profit. This is up 6.6 percentage points from the prior year.

Return on Equity

10.5%

YoY+115.2pp

Hainan Manaslu Acquisition Corp's ROE was 10.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 115.2 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$27K

YoY-58.7%

Hainan Manaslu Acquisition Corp invested $27K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 58.7% from the prior year.

ABLVW Income Statement

Metric	FY25	FY24	FY23	FY22	FY21
Revenue	$105.2M-17.0%	$126.8M-1.9%	$129.3M-11.0%	$145.3M+23.8%	$117.3M
Cost of Revenue	$93.3M-16.9%	$112.3M+13.4%	$99.0M-12.2%	$112.7M+24.0%	$90.9M
Gross Profit	$11.9M-17.9%	$14.5M-52.2%	$30.3M-6.8%	$32.5M+23.3%	$26.4M
R&D Expenses	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$4.6M+23.6%	$3.7M-35.4%	$5.7M+39.3%	$4.1M+55.3%	$2.6M
Operating Income	-$487K-136.2%	-$206K-101.8%	$11.3M+11.7%	$10.1M-9.0%	$11.1M
Interest Expense	$672K+65.6%	$406K-51.4%	$834K+36.2%	$613K	N/A
Income Tax	$2.1M+762.0%	$240K-20.4%	$302K-79.5%	$1.5M+8.0%	$1.4M
Net Income	$820K+111.1%	-$7.4M-176.1%	$9.8M+23.4%	$7.9M-9.1%	$8.7M
EPS (Diluted)	$0.02+111.8%	$-0.17-170.8%	$0.24+20.0%	$0.20-13.0%	$0.23

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q4'22
Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

ABLVW Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21
Total Assets	$34.6M-27.5%	$47.6M-13.3%	$54.9M+0.5%	$54.6M	N/A
Current Assets	$32.1M-20.3%	$40.3M-17.0%	$48.5M-6.9%	$52.1M	N/A
Cash & Equivalents	$9.0M-40.7%	$15.2M+14.0%	$13.3M+130.9%	$5.8M-14.1%	$6.7M
Inventory	$3.3M-47.3%	$6.3M-63.6%	$17.4M-6.7%	$18.7M	N/A
Accounts Receivable	$12.8M-15.0%	$15.0M+3.7%	$14.5M-31.5%	$21.1M	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$26.8M-33.9%	$40.5M-6.8%	$43.5M-11.4%	$49.1M	N/A
Current Liabilities	$19.8M+13.5%	$17.4M+11.3%	$15.7M-49.0%	$30.7M	N/A
Long-Term Debt	$2.2M0.0%	$2.2M	N/A	N/A	N/A
Total Equity	$7.8M+9.6%	$7.1M-37.9%	$11.4M+376.5%	$2.4M-73.5%	$9.0M
Retained Earnings	$2.4M+15.2%	$2.0M-78.4%	$9.5M+125393.6%	$8K	N/A

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q4'22
Total Assets	$34.6M-10.6%	$38.7M-18.8%	$47.6M-6.3%	$50.8M-7.4%	$54.9M+0.5%	$54.6M
Current Assets	$32.1M-12.2%	$36.6M-9.2%	$40.3M-5.4%	$42.6M-12.2%	$48.5M-6.9%	$52.1M
Cash & Equivalents	$9.0M+43.4%	$6.3M-58.6%	$15.2M+67.8%	$9.1M-32.1%	$13.3M+130.9%	$5.8M
Inventory	$3.3M-64.1%	$9.3M+47.0%	$6.3M-55.2%	$14.2M-18.6%	$17.4M-6.7%	$18.7M
Accounts Receivable	$12.8M-21.0%	$16.2M+7.6%	$15.0M+19.1%	$12.6M-12.9%	$14.5M-31.5%	$21.1M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$26.8M-7.7%	$29.0M-28.5%	$40.5M-12.6%	$46.4M+6.7%	$43.5M-11.4%	$49.1M
Current Liabilities	$19.8M-22.2%	$25.4M+45.9%	$17.4M-13.5%	$20.1M+28.7%	$15.7M-49.0%	$30.7M
Long-Term Debt	$2.2M0.0%	$2.2M0.0%	$2.2M0.0%	$2.2M	N/A	N/A
Total Equity	$7.8M-19.5%	$9.7M+36.2%	$7.1M+60.6%	$4.4M-61.3%	$11.4M+376.5%	$2.4M
Retained Earnings	$2.4M-57.9%	$5.6M+174.0%	$2.0M-34.7%	$3.1M-67.0%	$9.5M+125393.6%	$8K

ABLVW Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21
Operating Cash Flow	$1.2M+153.3%	-$2.2M-109.5%	$23.6M+283.5%	-$12.8M-577.0%	-$1.9M
Capital Expenditures	$27K-58.7%	$66K-1.7%	$67K-65.8%	$196K+11.9%	$175K
Free Cash Flow	$1.2M+150.6%	-$2.3M-109.8%	$23.5M+280.2%	-$13.0M-529.3%	-$2.1M
Investing Cash Flow	-$4.3M-8019.8%	-$53K-120.8%	$254K+122.9%	-$1.1M-2184.5%	$53K
Financing Cash Flow	-$2.9M-171.8%	$4.0M+124.9%	-$16.2M-225.3%	$12.9M+187.3%	$4.5M
Dividends Paid	$58K+0.1%	$58K+0.3%	$57K-99.2%	$6.9M+164.0%	$2.6M
Share Buybacks	N/A	$866K+100.0%	$433K	N/A	N/A

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q4'22
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

ABLVW Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21
Gross Margin	11.3%-0.1pp	11.4%-12.0pp	23.4%+1.0pp	22.4%-0.1pp	22.5%
Operating Margin	-0.5%-0.3pp	-0.2%-8.9pp	8.8%+1.8pp	7.0%-2.5pp	9.5%
Net Margin	0.8%+6.6pp	-5.9%-13.4pp	7.5%+2.1pp	5.4%-2.0pp	7.4%
Return on Equity	10.5%+115.2pp	-104.6%-190.0pp	85.4%-244.5pp	329.9%+233.7pp	96.3%
Return on Assets	2.4%+17.9pp	-15.6%-33.3pp	17.8%+3.3pp	14.5%	N/A
Current Ratio	1.62-0.7	2.31-0.8	3.10+1.4	1.70	N/A
Debt-to-Equity	0.28-0.0	0.31-3.5	3.81-16.7	20.49	N/A
FCF Margin	1.1%+2.9pp	-1.8%-20.0pp	18.2%+27.2pp	-9.0%-7.2pp	-1.8%

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q4'22
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	1.62+0.2	1.44-0.9	2.31+0.2	2.11-1.0	3.10+1.4	1.70
Debt-to-Equity	0.28+0.1	0.23-0.1	0.31-0.2	0.49-3.3	3.81-16.7	20.49
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Hainan Manaslu Acquisition Corp's annual revenue?

Hainan Manaslu Acquisition Corp (ABLVW) reported $105.2M in total revenue for fiscal year 2025. This represents a -17.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Hainan Manaslu Acquisition Corp's revenue growing?

Hainan Manaslu Acquisition Corp (ABLVW) revenue declined by 17% year-over-year, from $126.8M to $105.2M in fiscal year 2025.

Is Hainan Manaslu Acquisition Corp profitable?

Yes, Hainan Manaslu Acquisition Corp (ABLVW) reported a net income of $820K in fiscal year 2025, with a net profit margin of 0.8%.

What is Hainan Manaslu Acquisition Corp's EBITDA?

Hainan Manaslu Acquisition Corp (ABLVW) had EBITDA of -$433K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Hainan Manaslu Acquisition Corp have?

As of fiscal year 2025, Hainan Manaslu Acquisition Corp (ABLVW) had $9.0M in cash and equivalents against $2.2M in long-term debt.

What is Hainan Manaslu Acquisition Corp's gross margin?

Hainan Manaslu Acquisition Corp (ABLVW) had a gross margin of 11.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Hainan Manaslu Acquisition Corp's operating margin?

Hainan Manaslu Acquisition Corp (ABLVW) had an operating margin of -0.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Hainan Manaslu Acquisition Corp's net profit margin?

Hainan Manaslu Acquisition Corp (ABLVW) had a net profit margin of 0.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Hainan Manaslu Acquisition Corp's return on equity (ROE)?

Hainan Manaslu Acquisition Corp (ABLVW) has a return on equity of 10.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Hainan Manaslu Acquisition Corp's free cash flow?

Hainan Manaslu Acquisition Corp (ABLVW) generated $1.2M in free cash flow during fiscal year 2025. This represents a 150.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Hainan Manaslu Acquisition Corp's operating cash flow?

Hainan Manaslu Acquisition Corp (ABLVW) generated $1.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Hainan Manaslu Acquisition Corp's total assets?

Hainan Manaslu Acquisition Corp (ABLVW) had $34.6M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Hainan Manaslu Acquisition Corp's capital expenditures?

Hainan Manaslu Acquisition Corp (ABLVW) invested $27K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

What is Hainan Manaslu Acquisition Corp's current ratio?

Hainan Manaslu Acquisition Corp (ABLVW) had a current ratio of 1.62 as of fiscal year 2025, which is generally considered healthy.

What is Hainan Manaslu Acquisition Corp's debt-to-equity ratio?

Hainan Manaslu Acquisition Corp (ABLVW) had a debt-to-equity ratio of 0.28 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Hainan Manaslu Acquisition Corp's return on assets (ROA)?

Hainan Manaslu Acquisition Corp (ABLVW) had a return on assets of 2.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Hainan Manaslu Acquisition Corp's Piotroski F-Score?

Hainan Manaslu Acquisition Corp (ABLVW) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Hainan Manaslu Acquisition Corp's earnings high quality?

Hainan Manaslu Acquisition Corp (ABLVW) has an earnings quality ratio of 1.46x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Hainan Manaslu Acquisition Corp cover its interest payments?

Hainan Manaslu Acquisition Corp (ABLVW) has an interest coverage ratio of -0.7x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Hainan Manaslu Acquisition Corp?

Hainan Manaslu Acquisition Corp (ABLVW) scores 34 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.