Shenzhen Ridge Engineering Consulting Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Ridge Engineering Consulting has a total shareholder equity of CN¥1.4B and total debt of CN¥50.1M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are CN¥1.6B and CN¥156.0M respectively.
Key information
3.6%
Debt to equity ratio
CN¥50.13m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥613.21m |
| Equity | CN¥1.40b |
| Total liabilities | CN¥156.03m |
| Total assets | CN¥1.56b |
Recent financial health updates
No updates
Recent updates
Shenzhen Ridge Engineering Consulting Co., Ltd.'s (SZSE:300977) P/S Is Still On The Mark Following 49% Share Price Bounce
Oct 09
Shenzhen Ridge Engineering Consulting's (SZSE:300977) Soft Earnings Don't Show The Whole Picture
Sep 05Be Wary Of Shenzhen Ridge Engineering Consulting (SZSE:300977) And Its Returns On Capital
Aug 26Shenzhen Ridge Engineering Consulting Co., Ltd.'s (SZSE:300977) Share Price Is Still Matching Investor Opinion Despite 30% Slump
Jul 29Shenzhen Ridge Engineering Consulting (SZSE:300977) Has Announced That It Will Be Increasing Its Dividend To CN¥0.22
May 28Earnings Tell The Story For Shenzhen Ridge Engineering Consulting Co., Ltd. (SZSE:300977) As Its Stock Soars 32%
May 21Things Look Grim For Shenzhen Ridge Engineering Consulting Co., Ltd. (SZSE:300977) After Today's Downgrade
Apr 30Earnings Tell The Story For Shenzhen Ridge Engineering Consulting Co., Ltd. (SZSE:300977) As Its Stock Soars 26%
Mar 12Financial Position Analysis
Short Term Liabilities: 300977's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥154.1M).
Long Term Liabilities: 300977's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥1.9M).
Debt to Equity History and Analysis
Debt Level: 300977 has more cash than its total debt.
Reducing Debt: 300977's debt to equity ratio has increased from 1.6% to 3.6% over the past 5 years.
Debt Coverage: 300977's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: Insufficient data to determine if 300977's interest payments on its debt are well covered by EBIT.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 00:30 |
| 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 |
| |
| 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
Shenzhen Ridge Engineering Consulting Co., Ltd. is covered by 2 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 |
|---|---|
| Mingxin Sun | Citic Securities Co., Ltd. |
| Rongfu Bao | Tianfeng Securities Brokerage Co., Ltd |