Rastar Group Balance Sheet Health
Financial Health criteria checks 0/6
Rastar Group has a total shareholder equity of CN¥1.7B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 116.4%. Its total assets and total liabilities are CN¥4.2B and CN¥2.5B respectively.
Key information
116.4%
Debt to equity ratio
CN¥1.97b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥149.14m |
| Equity | CN¥1.69b |
| Total liabilities | CN¥2.49b |
| Total assets | CN¥4.18b |
Recent financial health updates
No updates
Recent updates
Revenues Not Telling The Story For Rastar Group (SZSE:300043) After Shares Rise 45%
Nov 25
Rastar Group's (SZSE:300043) 40% Price Boost Is Out Of Tune With Revenues
Oct 08Lacklustre Performance Is Driving Rastar Group's (SZSE:300043) Low P/S
Jun 07These Return Metrics Don't Make Rastar Group (SZSE:300043) Look Too Strong
Apr 17Rastar Group (SZSE:300043) Shares Fly 29% But Investors Aren't Buying For Growth
Mar 07Financial Position Analysis
Short Term Liabilities: 300043's short term assets (CN¥647.6M) do not cover its short term liabilities (CN¥1.8B).
Long Term Liabilities: 300043's short term assets (CN¥647.6M) do not cover its long term liabilities (CN¥691.7M).
Debt to Equity History and Analysis
Debt Level: 300043's net debt to equity ratio (107.6%) is considered high.
Reducing Debt: 300043's debt to equity ratio has increased from 70.1% to 116.4% over the past 5 years.
Debt Coverage: 300043's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: Insufficient data to determine if 300043's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 11:51 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Rastar Group is covered by 12 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 |
|---|---|
| Gang Zhao | Changjiang Securities Co. LTD. |
| Hailiang Wang | China International Capital Corporation Limited |
| Xudong Wang | China Merchants Securities Co. Ltd. |