Nancal Technology Co.,Ltd

SHSE:603859 Stock Report

Market Cap: CN¥7.1b

Nancal TechnologyLtd Balance Sheet Health

Financial Health criteria checks 5/6

Nancal TechnologyLtd has a total shareholder equity of CN¥2.9B and total debt of CN¥196.3M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are CN¥4.3B and CN¥1.3B respectively. Nancal TechnologyLtd's EBIT is CN¥224.7M making its interest coverage ratio -8000.9. It has cash and short-term investments of CN¥609.5M.

Key information

6.7%

Debt to equity ratio

CN¥196.31m

Debt

Interest coverage ratio-8000.9x
CashCN¥609.52m
EquityCN¥2.95b
Total liabilitiesCN¥1.30b
Total assetsCN¥4.25b

Recent financial health updates

Here's Why Nancal TechnologyLtd (SHSE:603859) Has A Meaningful Debt Burden

Dec 31
Here's Why Nancal TechnologyLtd (SHSE:603859) Has A Meaningful Debt Burden

Is Nancal TechnologyLtd (SHSE:603859) A Risky Investment?

Sep 28
Is Nancal TechnologyLtd (SHSE:603859) A Risky Investment?

Here's Why Nancal TechnologyLtd (SHSE:603859) Can Manage Its Debt Responsibly

Mar 29
Here's Why Nancal TechnologyLtd (SHSE:603859) Can Manage Its Debt Responsibly

Recent updates

Here's Why Nancal TechnologyLtd (SHSE:603859) Has A Meaningful Debt Burden

Dec 31
Here's Why Nancal TechnologyLtd (SHSE:603859) Has A Meaningful Debt Burden

Nancal TechnologyLtd's (SHSE:603859) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Nov 04
Nancal TechnologyLtd's (SHSE:603859) Sluggish Earnings Might Be Just The Beginning Of Its Problems

The Market Lifts Nancal Technology Co.,Ltd (SHSE:603859) Shares 44% But It Can Do More

Oct 08
The Market Lifts Nancal Technology Co.,Ltd (SHSE:603859) Shares 44% But It Can Do More

Is Nancal TechnologyLtd (SHSE:603859) A Risky Investment?

Sep 28
Is Nancal TechnologyLtd (SHSE:603859) A Risky Investment?

Nancal Technology Co.,Ltd (SHSE:603859) Stock's 25% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Jul 15
Nancal Technology Co.,Ltd (SHSE:603859) Stock's 25% Dive Might Signal An Opportunity But It Requires Some Scrutiny

News Flash: 5 Analysts Think Nancal Technology Co.,Ltd (SHSE:603859) Earnings Are Under Threat

Apr 25
News Flash: 5 Analysts Think Nancal Technology Co.,Ltd (SHSE:603859) Earnings Are Under Threat

Investors Give Nancal Technology Co.,Ltd (SHSE:603859) Shares A 25% Hiding

Apr 21
Investors Give Nancal Technology Co.,Ltd (SHSE:603859) Shares A 25% Hiding

Nancal Technology Co.,Ltd Just Missed EPS By 20%: Here's What Analysts Think Will Happen Next

Apr 19
Nancal Technology Co.,Ltd Just Missed EPS By 20%: Here's What Analysts Think Will Happen Next

Here's Why Nancal TechnologyLtd (SHSE:603859) Can Manage Its Debt Responsibly

Mar 29
Here's Why Nancal TechnologyLtd (SHSE:603859) Can Manage Its Debt Responsibly

Nancal Technology Co.,Ltd (SHSE:603859) Stock Catapults 28% Though Its Price And Business Still Lag The Market

Mar 04
Nancal Technology Co.,Ltd (SHSE:603859) Stock Catapults 28% Though Its Price And Business Still Lag The Market

Financial Position Analysis

Short Term Liabilities: 603859's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.2B).

Long Term Liabilities: 603859's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥93.6M).

Debt to Equity History and Analysis

Debt Level: 603859 has more cash than its total debt.

Reducing Debt: 603859's debt to equity ratio has increased from 6.7% to 6.7% over the past 5 years.

Debt Coverage: 603859's debt is well covered by operating cash flow (225.6%).

Interest Coverage: 603859 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 18:14
End of Day Share Price 2025/01/02 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

Nancal Technology Co.,Ltd is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rundong LingChangjiang Securities Co. LTD.
Zhihao WangChina International Capital Corporation Limited
Zhexian TanChina International Capital Corporation Limited