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Luduson G Financials

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

This page shows Luduson G (LDSN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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 LDSN FY2024

Luduson G's visible mechanic is balance-sheet shrinkage, leaving a cash-preservation shell rather than a functioning operating business today.

FY2024 produced $5K of operating cash flow after FY2023's -$15K, yet both years show zero reported revenue; the cash improvement reflects lower cash needs, not evidence that selling activity restarted. That is a contraction signal, not a business recovery, because total assets also fell from $215K to $12K over the same span.

From FY2021 to FY2024, shares outstanding jumped from 28.2M to 563.5M. Over the same span, total assets fell from $1.9M to $12K, so whatever residual claim each share represents is spread across a much larger share count and backed by far less balance-sheet substance.

Liabilities fell from $1.2M in FY2023 to $123K in FY2024. But negative equity remained and the current ratio collapsed from 1.6x to 0.1x, indicating obligations were trimmed mainly by shrinking the company, not by rebuilding a liquid cushion for routine claims.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 20 / 100
Financial Profile 20/100

Based on FY2024 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 Luduson G'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.

Leverage
99

Luduson G carries a low D/E ratio of -1.11, meaning only $-1.11 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 99/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
0

Luduson G's current ratio of 0.10 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Piotroski F-Score Weak
2/9

Luduson G passes 2 of 9 financial strength tests. All 1 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Key Financial Metrics

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Earnings & Revenue

Revenue
$0

Luduson G generated $0 in revenue in fiscal year 2024.

EBITDA
N/A
Net Income
N/A
EPS (Diluted)
$0.00
YoY+100.0%

Luduson G earned $0.00 per diluted share (EPS) in fiscal year 2024. This represents an increase of 100.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$12K
YoY+0.0%

Luduson G held $12K in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share
N/A
Shares Outstanding
563M
YoY+11.9%

Luduson G had 563M shares outstanding in fiscal year 2024. This represents an increase of 11.9% from the prior year.

Margins & Returns

Gross Margin
N/A
Operating Margin
N/A
Net Margin
N/A
Return on Equity
N/A

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
N/A

LDSN Income Statement

Metric Q1'25 Q4'24 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23 Q2'23
Revenue $0 N/A $0-100.0% $12.5M+733.3% $1.5M N/A $0 $0
Cost of Revenue $0 N/A $0 $0 $0 N/A $0 $0
Gross Profit $0 N/A $0-100.0% $12.5M+733.3% $1.5M N/A $0 $0
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $4K N/A $1.5M+20174.3% $7K+49.7% $5K N/A $211K+6239.0% $3K
Operating Income -$4K N/A -$1.5M-112.0% $12.5M+735.6% $1.5M N/A -$211K-6239.0% -$3K
Interest Expense N/A N/A N/A N/A $30K N/A $7K N/A
Income Tax $0 N/A $0 $0 $0 N/A $0 $0
Net Income -$4K N/A -$1.5M-112.1% $12.5M+752.7% $1.5M N/A -$217K-6439.0% -$3K
EPS (Diluted) $0.00 N/A $0.00-100.0% $0.02 $0.00 N/A $0.00 $0.00

LDSN Balance Sheet

Metric Q1'25 Q4'24 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23 Q2'23
Total Assets $12K0.0% $12K-99.9% $22.1M-6.4% $23.6M+113.1% $11.1M+5034.9% $215K-97.0% $7.1M $0
Current Assets $12K0.0% $12K-99.9% $12.8M-10.6% $14.3M+712.6% $1.8M+715.0% $215K-27.3% $296K $0
Cash & Equivalents $12K0.0% $12K-91.7% $146K-6.2% $156K+7.1% $145K+1105.9% $12K-94.8% $232K+1826.0% $12K
Inventory $0 $0 $0-100.0% $46K $0-100.0% $46K N/A N/A
Accounts Receivable N/A N/A N/A N/A N/A N/A N/A N/A
Goodwill N/A N/A $806K0.0% $806K0.0% $806K N/A $806K N/A
Total Liabilities $104K-15.1% $123K-90.4% $1.3M0.0% $1.3M+2.1% $1.3M+1.2% $1.2M+5.4% $1.2M+1340.5% $82K
Current Liabilities $104K-15.1% $123K-57.9% $292K+0.1% $292K+10.2% $265K+102.2% $131K-13.5% $151K+85.8% $82K
Long-Term Debt N/A N/A $987K0.0% $987K0.0% $987K0.0% $987K-3.4% $1.0M N/A
Total Equity -$92K+16.7% -$111K-100.5% $20.8M-6.8% $22.3M+127.3% $9.8M+1059.4% -$1.0M-117.2% $5.9M+7373.7% -$82K
Retained Earnings -$22.8M-500.1% -$3.8M-98.7% -$1.9M-376.4% -$401K+96.9% -$12.9M-331.3% -$3.0M+79.1% -$14.3M-1177.2% -$1.1M

LDSN Cash Flow Statement

Metric Q1'25 Q4'24 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23 Q2'23
Operating Cash Flow $0-100.0% $34K+451.3% -$10K-193.8% $10K+134.8% -$30K-149.5% $60K+179.6% -$75K $0
Capital Expenditures $0 N/A $0 $0 $0 N/A $0 $0
Free Cash Flow $0 N/A -$10K-193.8% $10K+134.8% -$30K N/A -$75K $0
Investing Cash Flow $0 N/A $0 $0 $0 N/A $0 $0
Financing Cash Flow $0 N/A $0 $0 $0 N/A $295K $0
Dividends Paid N/A N/A 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 N/A N/A

LDSN Financial Ratios

Metric Q1'25 Q4'24 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23 Q2'23
Gross Margin N/A N/A N/A 100.0%0.0pp 100.0% N/A N/A N/A
Operating Margin N/A N/A N/A 99.9%+0.3pp 99.7% N/A N/A N/A
Net Margin N/A N/A N/A 99.8%+2.3pp 97.6% N/A N/A N/A
Return on Equity N/A N/A -7.3%-63.2pp 56.0%+41.0pp 14.9% N/A -3.7% N/A
Return on Assets -29.2% N/A -6.8%-59.8pp 52.9%+39.7pp 13.2% N/A -3.1% N/A
Current Ratio 0.12+0.0 0.10-43.6 43.68-5.2 48.90+42.3 6.63+5.0 1.64-0.3 1.96+2.0 0.00
Debt-to-Equity -1.13-0.0 -1.11-1.2 0.050.0 0.04-0.1 0.10+1.1 -0.97-1.1 0.17+1.2 -1.00
FCF Margin N/A N/A N/A 0.1%+2.1pp -2.0% N/A N/A N/A

Note: Shareholder equity is negative (-$111K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.10), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

Luduson G (LDSN) reported $0 in total revenue for fiscal year 2024. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Luduson G (LDSN) reported diluted earnings per share of $0.00 for fiscal year 2024. This represents a 100.0% 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.

Luduson G (LDSN) generated $5K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

Luduson G (LDSN) had $12K in total assets as of fiscal year 2024, including both current and long-term assets.

Luduson G (LDSN) had 563M shares outstanding as of fiscal year 2024.

Luduson G (LDSN) had a current ratio of 0.10 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

Luduson G (LDSN) had a debt-to-equity ratio of -1.11 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

Luduson G (LDSN) has negative shareholder equity of -$111K as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

Luduson G (LDSN) has a Piotroski F-Score of 2 out of 9, indicating weak 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.

Luduson G (LDSN) scores 20 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.

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