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
Recent updates
Does Guangzhou Risong Intelligent Technology Holding (SHSE:688090) Have A Healthy Balance Sheet?
Dec 06
Guangzhou Risong Intelligent Technology Holding Co., Ltd.'s (SHSE:688090) Shares Climb 30% But Its Business Is Yet to Catch Up
Nov 15We 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.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 09:26 |
| End of Day Share Price | 2024/12/23 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Guangzhou Risong Intelligent Technology Holding 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 |
|---|