Assure Tech (Hangzhou) Balance Sheet Health
Financial Health criteria checks 5/6
Assure Tech (Hangzhou) has a total shareholder equity of CN¥5.1B and total debt of CN¥1,000.0K, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are CN¥5.8B and CN¥649.6M respectively.
Key information
0.02%
Debt to equity ratio
CN¥1.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.03b |
| Equity | CN¥5.15b |
| Total liabilities | CN¥649.57m |
| Total assets | CN¥5.80b |
Recent financial health updates
No updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Assure Tech (Hangzhou) (SHSE:688075)
Nov 07
Assure Tech (Hangzhou) Co., Ltd.'s (SHSE:688075) Shares May Have Run Too Fast Too Soon
Sep 26Assure Tech (Hangzhou)'s (SHSE:688075) Soft Earnings Don't Show The Whole Picture
May 06What Assure Tech (Hangzhou) Co., Ltd.'s (SHSE:688075) P/S Is Not Telling You
May 01Financial Position Analysis
Short Term Liabilities: 688075's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥539.9M).
Long Term Liabilities: 688075's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥109.7M).
Debt to Equity History and Analysis
Debt Level: 688075 has more cash than its total debt.
Reducing Debt: 688075's debt to equity ratio has reduced from 0.7% to 0.02% over the past 5 years.
Debt Coverage: 688075's debt is well covered by operating cash flow (8556.5%).
Interest Coverage: Insufficient data to determine if 688075'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 | 2024/12/20 08:10 |
| 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
Assure Tech (Hangzhou) 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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