Shenzhen Asia Link Technology DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Asia Link Technology DevelopmentLtd has a total shareholder equity of CN¥100.1M and total debt of CN¥25.5M, which brings its debt-to-equity ratio to 25.5%. Its total assets and total liabilities are CN¥828.7M and CN¥728.6M respectively. Shenzhen Asia Link Technology DevelopmentLtd's EBIT is CN¥20.3M making its interest coverage ratio 3.7. It has cash and short-term investments of CN¥109.1M.
Key information
25.5%
Debt to equity ratio
CN¥25.51m
Debt
| Interest coverage ratio | 3.7x |
| Cash | CN¥109.06m |
| Equity | CN¥100.14m |
| Total liabilities | CN¥728.57m |
| Total assets | CN¥828.71m |
Recent financial health updates
No updates
Recent updates
Shenzhen Asia Link Technology Development Co.,Ltd.'s (SZSE:002316) Price Is Out Of Tune With Revenues
Oct 25
Some Confidence Is Lacking In Shenzhen Asia Link Technology Development Co.,Ltd. (SZSE:002316) As Shares Slide 31%
Jun 06The Market Doesn't Like What It Sees From Shenzhen Asia Link Technology Development Co.,Ltd.'s (SZSE:002316) Revenues Yet As Shares Tumble 26%
Apr 21Subdued Growth No Barrier To Shenzhen Asia Link Technology Development Co.,Ltd. (SZSE:002316) With Shares Advancing 25%
Mar 04Financial Position Analysis
Short Term Liabilities: 002316's short term assets (CN¥695.3M) do not cover its short term liabilities (CN¥720.4M).
Long Term Liabilities: 002316's short term assets (CN¥695.3M) exceed its long term liabilities (CN¥8.2M).
Debt to Equity History and Analysis
Debt Level: 002316 has more cash than its total debt.
Reducing Debt: 002316's debt to equity ratio has reduced from 60.5% to 25.5% 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: 002316 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002316 has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 58.5% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 13:04 |
| End of Day Share Price | 2024/12/25 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 |
| |
| 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
Shenzhen Asia Link Technology Development Co.,Ltd. is covered by 1 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 |
|---|---|
| Zhongzhi Li | Ping An Securities Co. Ltd. |