Shenzhen Ruihe Construction Decoration Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Ruihe Construction Decoration has a total shareholder equity of CN¥326.1M and total debt of CN¥714.5M, which brings its debt-to-equity ratio to 219.1%. Its total assets and total liabilities are CN¥3.7B and CN¥3.4B respectively.
Key information
219.1%
Debt to equity ratio
CN¥714.50m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥185.12m |
| Equity | CN¥326.12m |
| Total liabilities | CN¥3.37b |
| Total assets | CN¥3.70b |
Recent financial health updates
No updates
Recent updates
Shenzhen Ruihe Construction Decoration Co., Ltd.'s (SZSE:002620) 29% Dip In Price Shows Sentiment Is Matching Revenues
Jan 10
There's No Escaping Shenzhen Ruihe Construction Decoration Co., Ltd.'s (SZSE:002620) Muted Revenues Despite A 27% Share Price Rise
Oct 25Shenzhen Ruihe Construction Decoration Co., Ltd.'s (SZSE:002620) Price Is Right But Growth Is Lacking After Shares Rocket 32%
May 21Shenzhen Ruihe Construction Decoration's (SZSE:002620) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Apr 18Shenzhen Ruihe Construction Decoration Co., Ltd.'s (SZSE:002620) 26% Dip In Price Shows Sentiment Is Matching Revenues
Feb 26Financial Position Analysis
Short Term Liabilities: 002620's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 002620's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥755.5M).
Debt to Equity History and Analysis
Debt Level: 002620's net debt to equity ratio (162.3%) is considered high.
Reducing Debt: 002620's debt to equity ratio has increased from 36.1% to 219.1% 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: Whilst unprofitable 002620 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002620 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 49.8% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 12:58 |
| End of Day Share Price | 2025/01/20 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
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 Ruihe Construction Decoration Co., Ltd. is covered by 6 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 |
|---|---|
| Henghui Shi | Changjiang Securities Co. LTD. |
| Chao Fan | Changjiang Securities Co. LTD. |
| Tao Yang | Citic Securities Co., Ltd. |