Chengdu RML Technology Balance Sheet Health
Financial Health criteria checks 6/6
Chengdu RML Technology has a total shareholder equity of CN¥2.9B and total debt of CN¥30.0M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are CN¥3.6B and CN¥756.6M respectively. Chengdu RML Technology's EBIT is CN¥402.5M making its interest coverage ratio -6.6. It has cash and short-term investments of CN¥1.7B.
Key information
1.0%
Debt to equity ratio
CN¥30.00m
Debt
| Interest coverage ratio | -6.6x |
| Cash | CN¥1.70b |
| Equity | CN¥2.88b |
| Total liabilities | CN¥756.56m |
| Total assets | CN¥3.63b |
Recent financial health updates
Recent updates
The Returns At Chengdu RML Technology (SZSE:301050) Aren't Growing
Dec 17
Analysts Just Made A Neat Upgrade To Their Chengdu RML Technology Co., Ltd. (SZSE:301050) Forecasts
Nov 06Optimistic Investors Push Chengdu RML Technology Co., Ltd. (SZSE:301050) Shares Up 35% But Growth Is Lacking
Oct 07Is Chengdu RML Technology (SZSE:301050) Using Too Much Debt?
Aug 21Chengdu RML Technology Co., Ltd.'s (SZSE:301050) Intrinsic Value Is Potentially 93% Above Its Share Price
May 24Chengdu RML Technology's (SZSE:301050) Solid Earnings Are Supported By Other Strong Factors
Apr 29Returns At Chengdu RML Technology (SZSE:301050) Are On The Way Up
Apr 22Financial Position Analysis
Short Term Liabilities: 301050's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥724.5M).
Long Term Liabilities: 301050's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥32.1M).
Debt to Equity History and Analysis
Debt Level: 301050 has more cash than its total debt.
Reducing Debt: 301050's debt to equity ratio has reduced from 7.9% to 1% over the past 5 years.
Debt Coverage: 301050's debt is well covered by operating cash flow (927%).
Interest Coverage: 301050 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 17:43 |
| End of Day Share Price | 2024/12/24 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
Chengdu RML Technology Co., Ltd. is covered by 5 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 |
|---|---|
| Lingxin Kong | China International Capital Corporation Limited |
| Chenshuo Fu | Citic Securities Co., Ltd. |
| Kang Shi | Industrial Securities Co. Ltd. |