Runjian Balance Sheet Health
Financial Health criteria checks 3/6
Runjian has a total shareholder equity of CN¥6.2B and total debt of CN¥4.2B, which brings its debt-to-equity ratio to 67.9%. Its total assets and total liabilities are CN¥16.5B and CN¥10.3B respectively. Runjian's EBIT is CN¥333.9M making its interest coverage ratio 15.8. It has cash and short-term investments of CN¥1.1B.
Key information
67.9%
Debt to equity ratio
CN¥4.25b
Debt
| Interest coverage ratio | 15.8x |
| Cash | CN¥1.06b |
| Equity | CN¥6.25b |
| Total liabilities | CN¥10.30b |
| Total assets | CN¥16.55b |
Recent financial health updates
These 4 Measures Indicate That Runjian (SZSE:002929) Is Using Debt Extensively
Jul 15
Here's Why Runjian (SZSE:002929) Can Manage Its Debt Responsibly
Mar 20Recent updates
Runjian Co., Ltd. (SZSE:002929) Might Not Be As Mispriced As It Looks
Sep 25Runjian Co., Ltd. (SZSE:002929) Analysts Just Slashed This Year's Estimates
Sep 03These 4 Measures Indicate That Runjian (SZSE:002929) Is Using Debt Extensively
Jul 15Here's What To Make Of Runjian's (SZSE:002929) Decelerating Rates Of Return
Jun 10Why Runjian's (SZSE:002929) Shaky Earnings Are Just The Beginning Of Its Problems
May 06Little Excitement Around Runjian Co., Ltd.'s (SZSE:002929) Earnings As Shares Take 27% Pounding
Apr 22Here's Why Runjian (SZSE:002929) Can Manage Its Debt Responsibly
Mar 20Runjian Co., Ltd.'s (SZSE:002929) Share Price Boosted 28% But Its Business Prospects Need A Lift Too
Mar 01Financial Position Analysis
Short Term Liabilities: 002929's short term assets (CN¥12.5B) exceed its short term liabilities (CN¥9.9B).
Long Term Liabilities: 002929's short term assets (CN¥12.5B) exceed its long term liabilities (CN¥417.2M).
Debt to Equity History and Analysis
Debt Level: 002929's net debt to equity ratio (51%) is considered high.
Reducing Debt: 002929's debt to equity ratio has increased from 5.9% to 67.9% over the past 5 years.
Debt Coverage: 002929's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002929's interest payments on its debt are well covered by EBIT (15.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 22:06 |
| End of Day Share Price | 2024/12/27 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
Runjian Co., Ltd. is covered by 6 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 |
|---|---|
| Liangbi Zhao | China Galaxy Securities Co., Ltd. |
| Hongjie Li | China International Capital Corporation Limited |
| Shuyun Che | China International Capital Corporation Limited |