Suzhou Iron TechnologyLTD Balance Sheet Health
Financial Health criteria checks 4/6
Suzhou Iron TechnologyLTD has a total shareholder equity of CN¥757.6M and total debt of CN¥236.0M, which brings its debt-to-equity ratio to 31.2%. Its total assets and total liabilities are CN¥1.3B and CN¥562.5M respectively.
Key information
31.2%
Debt to equity ratio
CN¥236.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥88.33m |
| Equity | CN¥757.59m |
| Total liabilities | CN¥562.51m |
| Total assets | CN¥1.32b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688329's short term assets (CN¥695.2M) exceed its short term liabilities (CN¥492.0M).
Long Term Liabilities: 688329's short term assets (CN¥695.2M) exceed its long term liabilities (CN¥70.5M).
Debt to Equity History and Analysis
Debt Level: 688329's net debt to equity ratio (19.5%) is considered satisfactory.
Reducing Debt: 688329's debt to equity ratio has increased from 12.3% to 31.2% over the past 5 years.
Debt Coverage: 688329's debt is well covered by operating cash flow (26%).
Interest Coverage: Insufficient data to determine if 688329'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 | 2024/12/30 03:32 |
| End of Day Share Price | 2024/12/30 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
Suzhou Iron Technology CO.,LTD is covered by 2 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 |
|---|---|
| Tielin Chen | Topsperity Securities |
| Lili Xing | Zhongtai Securities Co. Ltd. |