Xi'an Tianhe Defense Technology Balance Sheet Health
Financial Health criteria checks 3/6
Xi'an Tianhe Defense Technology has a total shareholder equity of CN¥1.5B and total debt of CN¥561.9M, which brings its debt-to-equity ratio to 36.6%. Its total assets and total liabilities are CN¥2.5B and CN¥951.6M respectively.
Key information
36.6%
Debt to equity ratio
CN¥561.85m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥163.78m |
| Equity | CN¥1.54b |
| Total liabilities | CN¥951.64m |
| Total assets | CN¥2.49b |
Recent financial health updates
We Think Xi'an Tianhe Defense Technology (SZSE:300397) Has A Fair Chunk Of Debt
Oct 04
Xi'an Tianhe Defense Technology (SZSE:300397) Is Carrying A Fair Bit Of Debt
Apr 26Recent updates
Subdued Growth No Barrier To Xi'an Tianhe Defense Technology Co., Ltd. (SZSE:300397) With Shares Advancing 57%
Oct 08We Think Xi'an Tianhe Defense Technology (SZSE:300397) Has A Fair Chunk Of Debt
Oct 04Xi'an Tianhe Defense Technology Co., Ltd.'s (SZSE:300397) Price Is Out Of Tune With Revenues
Aug 01Xi'an Tianhe Defense Technology Co., Ltd. (SZSE:300397) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
Apr 29Xi'an Tianhe Defense Technology (SZSE:300397) Is Carrying A Fair Bit Of Debt
Apr 26Xi'an Tianhe Defense Technology Co., Ltd.'s (SZSE:300397) Shares Climb 39% But Its Business Is Yet to Catch Up
Mar 06Financial Position Analysis
Short Term Liabilities: 300397's short term assets (CN¥731.4M) exceed its short term liabilities (CN¥608.1M).
Long Term Liabilities: 300397's short term assets (CN¥731.4M) exceed its long term liabilities (CN¥343.5M).
Debt to Equity History and Analysis
Debt Level: 300397's net debt to equity ratio (25.9%) is considered satisfactory.
Reducing Debt: 300397's debt to equity ratio has increased from 1.8% to 36.6% 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: 300397 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 300397 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 19% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 10:23 |
| End of Day Share Price | 2024/12/31 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 |
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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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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
Xi'an Tianhe Defense Technology Co., Ltd. is covered by 1 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 |
|---|---|
| Xiang Huang | Credit Suisse |