Beijing Originwater Technology Balance Sheet Health
Financial Health criteria checks 2/6
Beijing Originwater Technology has a total shareholder equity of CN¥30.0B and total debt of CN¥29.2B, which brings its debt-to-equity ratio to 97.3%. Its total assets and total liabilities are CN¥79.1B and CN¥49.0B respectively. Beijing Originwater Technology's EBIT is CN¥815.7M making its interest coverage ratio -114.5. It has cash and short-term investments of CN¥4.1B.
Key information
97.3%
Debt to equity ratio
CN¥29.22b
Debt
| Interest coverage ratio | -114.5x |
| Cash | CN¥4.10b |
| Equity | CN¥30.03b |
| Total liabilities | CN¥49.03b |
| Total assets | CN¥79.06b |
Recent financial health updates
Beijing Originwater Technology (SZSE:300070) Seems To Be Using A Lot Of Debt
Oct 16
These 4 Measures Indicate That Beijing Originwater Technology (SZSE:300070) Is Using Debt Extensively
Jun 14Recent updates
The Returns On Capital At Beijing Originwater Technology (SZSE:300070) Don't Inspire Confidence
Dec 02Beijing Originwater Technology Co., Ltd.'s (SZSE:300070) P/E Is Still On The Mark Following 30% Share Price Bounce
Nov 08Beijing Originwater Technology (SZSE:300070) Seems To Be Using A Lot Of Debt
Oct 16Beijing Originwater Technology's (SZSE:300070) Conservative Accounting Might Explain Soft Earnings
Sep 03Beijing Originwater Technology Co., Ltd.'s (SZSE:300070) Prospects Need A Boost To Lift Shares
Aug 24There Are Reasons To Feel Uneasy About Beijing Originwater Technology's (SZSE:300070) Returns On Capital
Jul 12These 4 Measures Indicate That Beijing Originwater Technology (SZSE:300070) Is Using Debt Extensively
Jun 14Beijing Originwater Technology's (SZSE:300070) Shareholders Will Receive A Bigger Dividend Than Last Year
May 21Earnings Miss: Beijing Originwater Technology Co., Ltd. Missed EPS By 18% And Analysts Are Revising Their Forecasts
Apr 05Improved Earnings Required Before Beijing Originwater Technology Co., Ltd. (SZSE:300070) Shares Find Their Feet
Feb 27Financial Position Analysis
Short Term Liabilities: 300070's short term assets (CN¥25.8B) do not cover its short term liabilities (CN¥26.5B).
Long Term Liabilities: 300070's short term assets (CN¥25.8B) exceed its long term liabilities (CN¥22.5B).
Debt to Equity History and Analysis
Debt Level: 300070's net debt to equity ratio (83.6%) is considered high.
Reducing Debt: 300070's debt to equity ratio has increased from 88.3% to 97.3% over the past 5 years.
Debt Coverage: 300070's debt is not well covered by operating cash flow (0.7%).
Interest Coverage: 300070 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 | 2024/12/20 23:53 |
| End of Day Share Price | 2024/12/20 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
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Industry and Sector Metrics
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Analyst Sources
Beijing Originwater Technology Co., Ltd. is covered by 31 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 |
|---|---|
| Xiaobing Wang | BofA Global Research |
| Ying Deng | Changjiang Securities Co. LTD. |
| Hongwei Huang | Chasing Securities |