Shanghai Beite Technology Co., Ltd.

SHSE:603009 Stock Report

Market Cap: CN¥13.0b

Shanghai Beite Technology Balance Sheet Health

Financial Health criteria checks 5/6

Shanghai Beite Technology has a total shareholder equity of CN¥1.8B and total debt of CN¥867.9M, which brings its debt-to-equity ratio to 49%. Its total assets and total liabilities are CN¥3.4B and CN¥1.6B respectively. Shanghai Beite Technology's EBIT is CN¥119.8M making its interest coverage ratio 3.2. It has cash and short-term investments of CN¥173.7M.

Key information

49.0%

Debt to equity ratio

CN¥867.86m

Debt

Interest coverage ratio3.2x
CashCN¥173.66m
EquityCN¥1.77b
Total liabilitiesCN¥1.60b
Total assetsCN¥3.37b

Recent financial health updates

Shanghai Beite Technology (SHSE:603009) Has A Pretty Healthy Balance Sheet

Sep 25
Shanghai Beite Technology (SHSE:603009) Has A Pretty Healthy Balance Sheet

Is Shanghai Beite Technology (SHSE:603009) A Risky Investment?

Jun 07
Is Shanghai Beite Technology (SHSE:603009) A Risky Investment?

Recent updates

There's Reason For Concern Over Shanghai Beite Technology Co., Ltd.'s (SHSE:603009) Massive 36% Price Jump

Nov 28
There's Reason For Concern Over Shanghai Beite Technology Co., Ltd.'s (SHSE:603009) Massive 36% Price Jump

Do Shanghai Beite Technology's (SHSE:603009) Earnings Warrant Your Attention?

Nov 21
Do Shanghai Beite Technology's (SHSE:603009) Earnings Warrant Your Attention?

Shanghai Beite Technology Co., Ltd. (SHSE:603009) Stock Rockets 44% As Investors Are Less Pessimistic Than Expected

Oct 01
Shanghai Beite Technology Co., Ltd. (SHSE:603009) Stock Rockets 44% As Investors Are Less Pessimistic Than Expected

Shanghai Beite Technology (SHSE:603009) Has A Pretty Healthy Balance Sheet

Sep 25
Shanghai Beite Technology (SHSE:603009) Has A Pretty Healthy Balance Sheet

Shanghai Beite Technology Co., Ltd. (SHSE:603009) May Have Run Too Fast Too Soon With Recent 27% Price Plummet

Jul 05
Shanghai Beite Technology Co., Ltd. (SHSE:603009) May Have Run Too Fast Too Soon With Recent 27% Price Plummet

There's Been No Shortage Of Growth Recently For Shanghai Beite Technology's (SHSE:603009) Returns On Capital

Jun 26
There's Been No Shortage Of Growth Recently For Shanghai Beite Technology's (SHSE:603009) Returns On Capital

Is Shanghai Beite Technology (SHSE:603009) A Risky Investment?

Jun 07
Is Shanghai Beite Technology (SHSE:603009) A Risky Investment?

What Shanghai Beite Technology Co., Ltd.'s (SHSE:603009) 31% Share Price Gain Is Not Telling You

May 21
What Shanghai Beite Technology Co., Ltd.'s (SHSE:603009) 31% Share Price Gain Is Not Telling You

Why Shanghai Beite Technology's (SHSE:603009) Earnings Are Better Than They Seem

Apr 09
Why Shanghai Beite Technology's (SHSE:603009) Earnings Are Better Than They Seem

There's Reason For Concern Over Shanghai Beite Technology Co., Ltd.'s (SHSE:603009) Massive 30% Price Jump

Mar 01
There's Reason For Concern Over Shanghai Beite Technology Co., Ltd.'s (SHSE:603009) Massive 30% Price Jump

Shanghai Beite Technology (SHSE:603009) Will Be Hoping To Turn Its Returns On Capital Around

Feb 29
Shanghai Beite Technology (SHSE:603009) Will Be Hoping To Turn Its Returns On Capital Around

Financial Position Analysis

Short Term Liabilities: 603009's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥1.5B).

Long Term Liabilities: 603009's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥137.2M).

Debt to Equity History and Analysis

Debt Level: 603009's net debt to equity ratio (39.2%) is considered satisfactory.

Reducing Debt: 603009's debt to equity ratio has increased from 40.5% to 49% over the past 5 years.

Debt Coverage: 603009's debt is well covered by operating cash flow (27.4%).

Interest Coverage: 603009's interest payments on its debt are well covered by EBIT (3.2x coverage).

Balance Sheet

Discover healthy companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 09:35
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Shanghai Beite Technology Co., Ltd. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Xi Li HuangChangjiang Securities Co. LTD.
Wei XiongEverbright Securities Co. Ltd.
Yan CuiMinsheng Securities Co.