Ruida FuturesLtd Balance Sheet Health
Financial Health criteria checks 4/6
Ruida FuturesLtd has a total shareholder equity of CN¥2.9B and total debt of CN¥815.1M, which brings its debt-to-equity ratio to 28.4%. Its total assets and total liabilities are CN¥15.6B and CN¥12.7B respectively.
Key information
28.4%
Debt to equity ratio
CN¥815.10m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.10b |
| Equity | CN¥2.87b |
| Total liabilities | CN¥12.69b |
| Total assets | CN¥15.56b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002961's short term assets (CN¥14.6B) exceed its short term liabilities (CN¥11.0B).
Long Term Liabilities: 002961's short term assets (CN¥14.6B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 002961 has more cash than its total debt.
Reducing Debt: 002961's debt to equity ratio has increased from 24% to 28.4% over the past 5 years.
Debt Coverage: 002961's debt is well covered by operating cash flow (264.8%).
Interest Coverage: Insufficient data to determine if 002961'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 10:47 |
| 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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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
Ruida Futures Co.,Ltd. is covered by 2 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 |
|---|---|
| Ting Sun | Haitong International Research Limited |
| Yizhou Xu | Industrial Securities Co. Ltd. |