Guangzhou Risong Intelligent Technology Holding Balance Sheet Health
Financial Health criteria checks 6/6
Guangzhou Risong Intelligent Technology Holding has a total shareholder equity of CN¥921.6M and total debt of CN¥142.0M, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are CN¥1.6B and CN¥690.9M respectively. Guangzhou Risong Intelligent Technology Holding's EBIT is CN¥27.8M making its interest coverage ratio -17.2. It has cash and short-term investments of CN¥385.2M.
Key information
15.4%
Debt to equity ratio
CN¥142.03m
Debt
| Interest coverage ratio | -17.2x |
| Cash | CN¥385.22m |
| Equity | CN¥921.63m |
| Total liabilities | CN¥690.90m |
| Total assets | CN¥1.61b |
Recent financial health updates
No updates
Recent updates
Guangzhou Risong Intelligent Technology Holding Co., Ltd.'s (SHSE:688090) Shares Climb 30% But Its Business Is Yet to Catch Up
Nov 15
We Think That There Are Issues Underlying Guangzhou Risong Intelligent Technology Holding's (SHSE:688090) Earnings
Nov 06Guangzhou Risong Intelligent Technology Holding (SHSE:688090) Will Want To Turn Around Its Return Trends
Oct 22Guangzhou Risong Intelligent Technology Holding Co., Ltd. (SHSE:688090) Stock Rockets 33% As Investors Are Less Pessimistic Than Expected
Sep 30A Look At The Intrinsic Value Of Guangzhou Risong Intelligent Technology Holding Co., Ltd. (SHSE:688090)
Sep 26Guangzhou Risong Intelligent Technology Holding Co., Ltd.'s (SHSE:688090) 27% Share Price Surge Not Quite Adding Up
Jul 21Guangzhou Risong Intelligent Technology Holding's (SHSE:688090) Returns On Capital Not Reflecting Well On The Business
Jul 18Guangzhou Risong Intelligent Technology Holding Co., Ltd. (SHSE:688090) Held Back By Insufficient Growth Even After Shares Climb 25%
May 31Guangzhou Risong Intelligent Technology Holding's (SHSE:688090) Earnings Might Not Be As Promising As They Seem
Apr 22Guangzhou Risong Intelligent Technology Holding (SHSE:688090) Will Want To Turn Around Its Return Trends
Apr 16Guangzhou Risong Intelligent Technology Holding Co., Ltd.'s (SHSE:688090) Share Price Boosted 31% But Its Business Prospects Need A Lift Too
Mar 06Financial Position Analysis
Short Term Liabilities: 688090's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥629.4M).
Long Term Liabilities: 688090's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥61.5M).
Debt to Equity History and Analysis
Debt Level: 688090 has more cash than its total debt.
Reducing Debt: 688090's debt to equity ratio has reduced from 47% to 15.4% over the past 5 years.
Debt Coverage: 688090's debt is well covered by operating cash flow (87.8%).
Interest Coverage: 688090 earns more interest than it pays, so coverage of interest payments is not a concern.