Xiamen R&T Plumbing TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Xiamen R&T Plumbing TechnologyLtd has a total shareholder equity of CN¥2.1B and total debt of CN¥36.6M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are CN¥2.6B and CN¥492.8M respectively. Xiamen R&T Plumbing TechnologyLtd's EBIT is CN¥160.1M making its interest coverage ratio -8.2. It has cash and short-term investments of CN¥1.1B.
Key information
1.8%
Debt to equity ratio
CN¥36.58m
Debt
| Interest coverage ratio | -8.2x |
| Cash | CN¥1.14b |
| Equity | CN¥2.09b |
| Total liabilities | CN¥492.79m |
| Total assets | CN¥2.58b |
Recent financial health updates
No updates
Recent updates
Xiamen R&T Plumbing TechnologyLtd's (SZSE:002790) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 04
Market Might Still Lack Some Conviction On Xiamen R&T Plumbing Technology Co.,Ltd. (SZSE:002790) Even After 33% Share Price Boost
Oct 02Returns At Xiamen R&T Plumbing TechnologyLtd (SZSE:002790) Appear To Be Weighed Down
May 09Earnings Miss: Xiamen R&T Plumbing Technology Co.,Ltd. Missed EPS By 12% And Analysts Are Revising Their Forecasts
Apr 26If EPS Growth Is Important To You, Xiamen R&T Plumbing TechnologyLtd (SZSE:002790) Presents An Opportunity
Apr 17Xiamen R&T Plumbing Technology Co.,Ltd.'s (SZSE:002790) Shares Bounce 28% But Its Business Still Trails The Market
Mar 29Xiamen R&T Plumbing Technology Co.,Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
Feb 29Financial Position Analysis
Short Term Liabilities: 002790's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥424.3M).
Long Term Liabilities: 002790's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥68.5M).
Debt to Equity History and Analysis
Debt Level: 002790 has more cash than its total debt.
Reducing Debt: 002790's debt to equity ratio has increased from 0% to 1.8% over the past 5 years.
Debt Coverage: 002790's debt is well covered by operating cash flow (721.1%).
Interest Coverage: 002790 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 | 2025/01/03 13:08 |
| End of Day Share Price | 2025/01/03 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
Xiamen R&T Plumbing Technology Co.,Ltd. is covered by 7 analysts. 4 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 |
|---|---|
| Zhong Ping Zhao | China Merchants Securities Co. Ltd. |
| Yun Guo | Citic Securities Co., Ltd. |
| Weiqi Chen | Guosen Securities Co., Ltd. |