Offcn Education Technology Balance Sheet Health
Financial Health criteria checks 0/6
Offcn Education Technology has a total shareholder equity of CN¥735.3M and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 287.7%. Its total assets and total liabilities are CN¥6.5B and CN¥5.8B respectively. Offcn Education Technology's EBIT is CN¥138.3M making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥220.6M.
Key information
287.7%
Debt to equity ratio
CN¥2.12b
Debt
| Interest coverage ratio | 1.2x |
| Cash | CN¥220.61m |
| Equity | CN¥735.25m |
| Total liabilities | CN¥5.79b |
| Total assets | CN¥6.53b |
Recent financial health updates
Recent updates
Why Investors Shouldn't Be Surprised By Offcn Education Technology Co., Ltd.'s (SZSE:002607) 34% Share Price Surge
Nov 11
There's Reason For Concern Over Offcn Education Technology Co., Ltd.'s (SZSE:002607) Massive 33% Price Jump
Sep 24Offcn Education Technology Co., Ltd. (SZSE:002607) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
Aug 04Offcn Education Technology's (SZSE:002607) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Jul 12What You Can Learn From Offcn Education Technology Co., Ltd.'s (SZSE:002607) P/S
May 23Here's Why Offcn Education Technology (SZSE:002607) Has A Meaningful Debt Burden
May 01Financial Position Analysis
Short Term Liabilities: 002607's short term assets (CN¥340.5M) do not cover its short term liabilities (CN¥4.5B).
Long Term Liabilities: 002607's short term assets (CN¥340.5M) do not cover its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 002607's net debt to equity ratio (257.7%) is considered high.
Reducing Debt: 002607's debt to equity ratio has increased from 82.7% to 287.7% over the past 5 years.
Debt Coverage: 002607's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: 002607's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 10:38 |
| 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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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
Offcn Education Technology Co., Ltd. is covered by 21 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 |
|---|---|
| Gang Zhao | Changjiang Securities Co. LTD. |
| Ying He | Chasing Securities |
| Chen He | Chasing Securities |