Beijing SinoHytec Balance Sheet Health
Financial Health criteria checks 5/6
Beijing SinoHytec has a total shareholder equity of CN¥3.1B and total debt of CN¥849.5M, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are CN¥5.0B and CN¥1.9B respectively.
Key information
27.4%
Debt to equity ratio
CN¥849.49m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.29b |
| Equity | CN¥3.10b |
| Total liabilities | CN¥1.88b |
| Total assets | CN¥4.98b |
Recent financial health updates
Is Beijing SinoHytec (SHSE:688339) Using Too Much Debt?
Dec 17
Is Beijing SinoHytec (SHSE:688339) Using Too Much Debt?
Aug 01Is Beijing SinoHytec (SHSE:688339) Using Too Much Debt?
Mar 23Recent updates
Is Beijing SinoHytec (SHSE:688339) Using Too Much Debt?
Dec 17Market Participants Recognise Beijing SinoHytec Co., Ltd.'s (SHSE:688339) Revenues Pushing Shares 37% Higher
Oct 23Revenue Downgrade: Here's What Analysts Forecast For Beijing SinoHytec Co., Ltd. (SHSE:688339)
Sep 03Is Beijing SinoHytec (SHSE:688339) Using Too Much Debt?
Aug 01Shareholders May Be Wary Of Increasing Beijing SinoHytec Co., Ltd.'s (SHSE:688339) CEO Compensation Package
Jun 07Industry Analysts Just Made A Substantial Upgrade To Their Beijing SinoHytec Co., Ltd. (SHSE:688339) Revenue Forecasts
May 21Beijing SinoHytec Co., Ltd. (SHSE:688339) Analysts Are Reducing Their Forecasts For This Year
Apr 30Some Analysts Just Cut Their Beijing SinoHytec Co., Ltd. (SHSE:688339) Estimates
Mar 31Is Beijing SinoHytec (SHSE:688339) Using Too Much Debt?
Mar 23Why Investors Shouldn't Be Surprised By Beijing SinoHytec Co., Ltd.'s (SHSE:688339) 27% Share Price Surge
Mar 01Financial Position Analysis
Short Term Liabilities: 688339's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 688339's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥242.1M).
Debt to Equity History and Analysis
Debt Level: 688339 has more cash than its total debt.
Reducing Debt: 688339's debt to equity ratio has increased from 7.6% to 27.4% 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: 688339 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 688339 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 17% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 19:16 |
| End of Day Share Price | 2024/12/25 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
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
Beijing SinoHytec Co., Ltd. is covered by 12 analysts. 7 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 |
|---|---|
| Feng Ji | China International Capital Corporation Limited |
| Weichen Wu | Citic Securities Co., Ltd. |
| Tianyi Wang | CLSA |