Beijing New Space Technology Balance Sheet Health
Financial Health criteria checks 6/6
Beijing Newce Technology has a total shareholder equity of CN¥1.5B and total debt of CN¥65.0M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are CN¥1.9B and CN¥410.1M respectively.
Key information
4.3%
Debt to equity ratio
CN¥65.01m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥192.80m |
| Equity | CN¥1.52b |
| Total liabilities | CN¥410.09m |
| Total assets | CN¥1.93b |
Recent financial health updates
No updates
Recent updates
Risks Still Elevated At These Prices As Beijing New Space Technology Co., Ltd. (SHSE:605178) Shares Dive 26%
Jan 02
What Beijing New Space Technology Co., Ltd.'s (SHSE:605178) 25% Share Price Gain Is Not Telling You
Nov 11There's Reason For Concern Over Beijing New Space Technology Co., Ltd.'s (SHSE:605178) Massive 26% Price Jump
Aug 26There's Reason For Concern Over Beijing New Space Technology Co., Ltd.'s (SHSE:605178) Massive 40% Price Jump
Jun 27Beijing New Space Technology Co., Ltd. (SHSE:605178) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely
Apr 17Risks To Shareholder Returns Are Elevated At These Prices For Beijing New Space Technology Co., Ltd. (SHSE:605178)
Feb 28Financial Position Analysis
Short Term Liabilities: 605178's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥357.0M).
Long Term Liabilities: 605178's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥53.1M).
Debt to Equity History and Analysis
Debt Level: 605178 has more cash than its total debt.
Reducing Debt: 605178's debt to equity ratio has reduced from 18.8% to 4.3% 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: Whilst unprofitable 605178 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 605178 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 0.5% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/15 14:11 |
| End of Day Share Price | 2025/02/14 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Beijing New Space Technology 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.