Risuntek Balance Sheet Health
Financial Health criteria checks 5/6
Risuntek has a total shareholder equity of CN¥1.0B and total debt of CN¥156.6M, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are CN¥1.7B and CN¥704.7M respectively. Risuntek's EBIT is CN¥112.0M making its interest coverage ratio -49.9. It has cash and short-term investments of CN¥126.0M.
Key information
15.6%
Debt to equity ratio
CN¥156.61m
Debt
| Interest coverage ratio | -49.9x |
| Cash | CN¥126.04m |
| Equity | CN¥1.00b |
| Total liabilities | CN¥704.69m |
| Total assets | CN¥1.71b |
Recent financial health updates
No updates
Recent updates
The Market Lifts Risuntek Inc. (SZSE:002981) Shares 25% But It Can Do More
Nov 21
Impressive Earnings May Not Tell The Whole Story For Risuntek (SZSE:002981)
Sep 06Not Many Are Piling Into Risuntek Inc. (SZSE:002981) Stock Yet As It Plummets 28%
Aug 11Here's Why We Think Risuntek (SZSE:002981) Might Deserve Your Attention Today
Jul 12Risuntek (SZSE:002981) Is Paying Out A Larger Dividend Than Last Year
Jun 03Market Might Still Lack Some Conviction On Risuntek Inc. (SZSE:002981) Even After 29% Share Price Boost
Mar 06Financial Position Analysis
Short Term Liabilities: 002981's short term assets (CN¥859.3M) exceed its short term liabilities (CN¥636.2M).
Long Term Liabilities: 002981's short term assets (CN¥859.3M) exceed its long term liabilities (CN¥68.5M).
Debt to Equity History and Analysis
Debt Level: 002981's net debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: 002981's debt to equity ratio has increased from 3.4% to 15.6% over the past 5 years.
Debt Coverage: 002981's debt is well covered by operating cash flow (64.6%).
Interest Coverage: 002981 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 | 2024/12/27 19:05 |
| End of Day Share Price | 2024/12/27 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
Risuntek Inc. is covered by 0 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 |
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