RongFa Nuclear Equipment Balance Sheet Health
Financial Health criteria checks 4/6
RongFa Nuclear Equipment has a total shareholder equity of CN¥5.2B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are CN¥8.2B and CN¥3.0B respectively.
Key information
32.9%
Debt to equity ratio
CN¥1.70b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.24b |
| Equity | CN¥5.15b |
| Total liabilities | CN¥3.02b |
| Total assets | CN¥8.17b |
Recent financial health updates
Is RongFa Nuclear Equipment (SZSE:002366) Using Too Much Debt?
Dec 31
Is RongFa Nuclear Equipment (SZSE:002366) A Risky Investment?
Sep 26We Think RongFa Nuclear Equipment (SZSE:002366) Has A Fair Chunk Of Debt
Jun 24Recent updates
Is RongFa Nuclear Equipment (SZSE:002366) Using Too Much Debt?
Dec 31RongFa Nuclear Equipment Co., Ltd.'s (SZSE:002366) Shares Climb 30% But Its Business Is Yet to Catch Up
Nov 08We Think That There Are More Issues For RongFa Nuclear Equipment (SZSE:002366) Than Just Sluggish Earnings
Nov 06Is RongFa Nuclear Equipment (SZSE:002366) A Risky Investment?
Sep 26RongFa Nuclear Equipment Co., Ltd.'s (SZSE:002366) Popularity With Investors Is Under Threat From Overpricing
Aug 02We Think RongFa Nuclear Equipment (SZSE:002366) Has A Fair Chunk Of Debt
Jun 24Some May Be Optimistic About RongFa Nuclear Equipment's (SZSE:002366) Earnings
May 01There's Reason For Concern Over RongFa Nuclear Equipment Co., Ltd.'s (SZSE:002366) Massive 35% Price Jump
Mar 07Financial Position Analysis
Short Term Liabilities: 002366's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 002366's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 002366's net debt to equity ratio (8.8%) is considered satisfactory.
Reducing Debt: 002366's debt to equity ratio has reduced from 98.6% to 32.9% over the past 5 years.
Debt Coverage: 002366's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002366's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 12:28 |
| End of Day Share Price | 2025/01/10 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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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
RongFa Nuclear Equipment Co., Ltd. is covered by 4 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 |
|---|---|
| Jian Jun Zou | Chasing Securities |
| Ze An He | Guosen Securities Co., Ltd. |
| Chen Su | Industrial Securities Co. Ltd. |