CIMC Safeway Technologies Balance Sheet Health
Financial Health criteria checks 6/6
CIMC Safeway Technologies has a total shareholder equity of CN¥4.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥5.4B and CN¥838.6M respectively. CIMC Safeway Technologies's EBIT is CN¥246.8M making its interest coverage ratio -3. It has cash and short-term investments of CN¥2.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -3x |
| Cash | CN¥2.07b |
| Equity | CN¥4.58b |
| Total liabilities | CN¥838.56m |
| Total assets | CN¥5.42b |
Recent financial health updates
Recent updates
CIMC Safeway Technologies Co., Ltd.'s (SZSE:301559) Popularity With Investors Is Clear
Dec 18
We Think That There Are More Issues For CIMC Safeway Technologies (SZSE:301559) Than Just Sluggish Earnings
Oct 29We Think CIMC Safeway Technologies (SZSE:301559) Can Stay On Top Of Its Debt
Jun 18Some Investors May Be Willing To Look Past CIMC Safeway Technologies' (SZSE:301559) Soft Earnings
Mar 29Financial Position Analysis
Short Term Liabilities: 301559's short term assets (CN¥4.7B) exceed its short term liabilities (CN¥721.9M).
Long Term Liabilities: 301559's short term assets (CN¥4.7B) exceed its long term liabilities (CN¥116.6M).
Debt to Equity History and Analysis
Debt Level: 301559 is debt free.
Reducing Debt: 301559 has no debt compared to 5 years ago when its debt to equity ratio was 8.8%.
Debt Coverage: 301559 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301559 has no debt, therefore 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 | 2024/12/25 10:26 |
| End of Day Share Price | 2024/12/25 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
CIMC Safeway Technologies 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 |
|---|---|
| Zhe Wang | Citic Securities Co., Ltd. |
| Zhengyang Ni | Huatai Research |