Square Technology Group Co.,Ltd

XSSC:603339 Stock Report

Market Cap: CN¥3.4b

Square Technology GroupLtd Balance Sheet Health

Financial Health criteria checks 6/6

Square Technology GroupLtd has a total shareholder equity of CN¥2.5B and total debt of CN¥100.0K, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.2B and CN¥711.9M respectively. Square Technology GroupLtd's EBIT is CN¥329.5M making its interest coverage ratio -8.2. It has cash and short-term investments of CN¥1.2B.

Key information

0.004%

Debt to equity ratio

CN¥100.00k

Debt

Interest coverage ratio-8.2x
CashCN¥1.15b
EquityCN¥2.49b
Total liabilitiesCN¥711.94m
Total assetsCN¥3.20b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 603339's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥677.6M).

Long Term Liabilities: 603339's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥34.3M).


Debt to Equity History and Analysis

Debt Level: 603339 has more cash than its total debt.

Reducing Debt: 603339's debt to equity ratio has reduced from 11.8% to 0% over the past 5 years.

Debt Coverage: 603339's debt is well covered by operating cash flow (277739.3%).

Interest Coverage: 603339 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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