Thinker Agricultural Machinery Balance Sheet Health
Financial Health criteria checks 1/6
Thinker Agricultural Machinery has a total shareholder equity of CN¥392.1M and total debt of CN¥232.8M, which brings its debt-to-equity ratio to 59.4%. Its total assets and total liabilities are CN¥1.2B and CN¥792.0M respectively.
Key information
59.4%
Debt to equity ratio
CN¥232.78m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥71.62m |
| Equity | CN¥392.14m |
| Total liabilities | CN¥792.00m |
| Total assets | CN¥1.18b |
Recent financial health updates
No updates
Recent updates
Thinker Agricultural Machinery Co., Ltd. (SHSE:603789) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Nov 08
More Unpleasant Surprises Could Be In Store For Thinker Agricultural Machinery Co., Ltd.'s (SHSE:603789) Shares After Tumbling 25%
Jun 14Thinker Agricultural Machinery Co., Ltd.'s (SHSE:603789) 27% Share Price Plunge Could Signal Some Risk
Apr 22Financial Position Analysis
Short Term Liabilities: 603789's short term assets (CN¥571.2M) do not cover its short term liabilities (CN¥631.9M).
Long Term Liabilities: 603789's short term assets (CN¥571.2M) exceed its long term liabilities (CN¥160.1M).
Debt to Equity History and Analysis
Debt Level: 603789's net debt to equity ratio (41.1%) is considered high.
Reducing Debt: 603789's debt to equity ratio has increased from 11.2% to 59.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 603789 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 603789 has less than a year of cash runway if free cash flow continues to grow at historical rates of 17.8% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 03:05 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Thinker Agricultural Machinery Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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