Shareate Tools Balance Sheet Health
Financial Health criteria checks 6/6
Shareate Tools has a total shareholder equity of CN¥2.4B and total debt of CN¥643.6M, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are CN¥4.0B and CN¥1.5B respectively. Shareate Tools's EBIT is CN¥206.9M making its interest coverage ratio -38. It has cash and short-term investments of CN¥906.9M.
Key information
26.6%
Debt to equity ratio
CN¥643.62m
Debt
| Interest coverage ratio | -38x |
| Cash | CN¥906.93m |
| Equity | CN¥2.42b |
| Total liabilities | CN¥1.54b |
| Total assets | CN¥3.96b |
Recent financial health updates
No updates
Recent updates
Investors Could Be Concerned With Shareate Tools' (SHSE:688257) Returns On Capital
Dec 05
Shareate Tools Ltd. (SHSE:688257) Surges 36% Yet Its Low P/E Is No Reason For Excitement
Oct 08Shareate Tools' (SHSE:688257) Solid Earnings May Rest On Weak Foundations
Aug 22Shareate Tools Ltd.'s (SHSE:688257) Earnings Are Not Doing Enough For Some Investors
Apr 03Financial Position Analysis
Short Term Liabilities: 688257's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 688257's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥130.6M).
Debt to Equity History and Analysis
Debt Level: 688257 has more cash than its total debt.
Reducing Debt: 688257's debt to equity ratio has reduced from 33.2% to 26.6% over the past 5 years.
Debt Coverage: 688257's debt is well covered by operating cash flow (23.3%).
Interest Coverage: 688257 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 06:23 |
| End of Day Share Price | 2024/12/24 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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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
Shareate Tools 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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