Infore Environment Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
Infore Environment Technology Group has a total shareholder equity of CN¥18.1B and total debt of CN¥3.8B, which brings its debt-to-equity ratio to 20.8%. Its total assets and total liabilities are CN¥29.0B and CN¥11.0B respectively. Infore Environment Technology Group's EBIT is CN¥870.4M making its interest coverage ratio 10.9. It has cash and short-term investments of CN¥4.3B.
Key information
20.8%
Debt to equity ratio
CN¥3.76b
Debt
| Interest coverage ratio | 10.9x |
| Cash | CN¥4.29b |
| Equity | CN¥18.08b |
| Total liabilities | CN¥10.96b |
| Total assets | CN¥29.03b |
Recent financial health updates
Infore Environment Technology Group (SZSE:000967) Has A Pretty Healthy Balance Sheet
Dec 13
We Think Infore Environment Technology Group (SZSE:000967) Can Stay On Top Of Its Debt
Mar 22Recent updates
Infore Environment Technology Group (SZSE:000967) Has A Pretty Healthy Balance Sheet
Dec 13Infore Environment Technology Group (SZSE:000967) May Have Issues Allocating Its Capital
Sep 30Infore Environment Technology Group's (SZSE:000967) Earnings Seem To Be Promising
Sep 03Market Participants Recognise Infore Environment Technology Group Co., Ltd.'s (SZSE:000967) Earnings
Aug 09Infore Environment Technology Group (SZSE:000967) Has Announced That It Will Be Increasing Its Dividend To CN¥0.125
Jul 12Infore Environment Technology Group (SZSE:000967) May Have Issues Allocating Its Capital
Jun 05We Think Infore Environment Technology Group (SZSE:000967) Can Stay On Top Of Its Debt
Mar 22Infore Environment Technology Group Co., Ltd. (SZSE:000967) Doing What It Can To Lift Shares
Mar 01Financial Position Analysis
Short Term Liabilities: 000967's short term assets (CN¥13.5B) exceed its short term liabilities (CN¥7.0B).
Long Term Liabilities: 000967's short term assets (CN¥13.5B) exceed its long term liabilities (CN¥4.0B).
Debt to Equity History and Analysis
Debt Level: 000967 has more cash than its total debt.
Reducing Debt: 000967's debt to equity ratio has increased from 15.3% to 20.8% over the past 5 years.
Debt Coverage: 000967's debt is well covered by operating cash flow (25.7%).
Interest Coverage: 000967's interest payments on its debt are well covered by EBIT (10.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 00:55 |
| 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
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
Infore Environment Technology Group Co., Ltd. is covered by 12 analysts. 2 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 |
|---|---|
| Ke Xu | Changjiang Securities Co. LTD. |
| Hongwei Huang | Chasing Securities |
| Xinhao Jiang | China International Capital Corporation Limited |