Rendong Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Rendong Holdings has a total shareholder equity of CN¥110.6M and total debt of CN¥853.3M, which brings its debt-to-equity ratio to 771.4%. Its total assets and total liabilities are CN¥4.8B and CN¥4.7B respectively. Rendong Holdings's EBIT is CN¥33.4M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥3.3B.
Key information
771.4%
Debt to equity ratio
CN¥853.31m
Debt
| Interest coverage ratio | 0.2x |
| Cash | CN¥3.31b |
| Equity | CN¥110.62m |
| Total liabilities | CN¥4.74b |
| Total assets | CN¥4.85b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Rendong Holdings Co., Ltd. (SZSE:002647) With Shares Advancing 28%
Sep 26
Rendong Holdings Co., Ltd.'s (SZSE:002647) Price Is Right But Growth Is Lacking
Aug 01The Market Doesn't Like What It Sees From Rendong Holdings Co., Ltd.'s (SZSE:002647) Revenues Yet As Shares Tumble 27%
Apr 16Rendong Holdings Co., Ltd.'s (SZSE:002647) Share Price Could Signal Some Risk
Feb 29Financial Position Analysis
Short Term Liabilities: 002647's short term assets (CN¥3.5B) do not cover its short term liabilities (CN¥4.7B).
Long Term Liabilities: 002647's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥34.3M).
Debt to Equity History and Analysis
Debt Level: 002647 has more cash than its total debt.
Reducing Debt: 002647's debt to equity ratio has increased from 81.9% to 771.4% 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: Whilst unprofitable 002647 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002647 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 22% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 02:22 |
| End of Day Share Price | 2024/12/24 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
Rendong Holdings Co., Ltd. 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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