Beijing United Information TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Beijing United Information TechnologyLtd has a total shareholder equity of CN¥8.5B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are CN¥15.9B and CN¥7.5B respectively. Beijing United Information TechnologyLtd's EBIT is CN¥2.1B making its interest coverage ratio 21.4. It has cash and short-term investments of CN¥6.0B.
Key information
21.3%
Debt to equity ratio
CN¥1.81b
Debt
| Interest coverage ratio | 21.4x |
| Cash | CN¥5.97b |
| Equity | CN¥8.47b |
| Total liabilities | CN¥7.46b |
| Total assets | CN¥15.92b |
Recent financial health updates
Recent updates
Beijing United Information Technology Co.,Ltd. (SHSE:603613) Soars 35% But It's A Story Of Risk Vs Reward
Oct 18
Is Beijing United Information TechnologyLtd (SHSE:603613) A Risky Investment?
Oct 08Beijing United Information TechnologyLtd (SHSE:603613) Might Become A Compounding Machine
Aug 25Further Upside For Beijing United Information Technology Co.,Ltd. (SHSE:603613) Shares Could Introduce Price Risks After 27% Bounce
May 12Beijing United Information TechnologyLtd (SHSE:603613) Strong Profits May Be Masking Some Underlying Issues
May 06Beijing United Information TechnologyLtd (SHSE:603613) Looks To Prolong Its Impressive Returns
Mar 21Beijing United Information Technology Co.,Ltd.'s (SHSE:603613) Shares Not Telling The Full Story
Feb 29Financial Position Analysis
Short Term Liabilities: 603613's short term assets (CN¥14.9B) exceed its short term liabilities (CN¥6.7B).
Long Term Liabilities: 603613's short term assets (CN¥14.9B) exceed its long term liabilities (CN¥789.1M).
Debt to Equity History and Analysis
Debt Level: 603613 has more cash than its total debt.
Reducing Debt: 603613's debt to equity ratio has increased from 16.5% to 21.3% over the past 5 years.
Debt Coverage: 603613's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603613's interest payments on its debt are well covered by EBIT (21.4x coverage).