Truking Technology Balance Sheet Health
Financial Health criteria checks 3/6
Truking Technology has a total shareholder equity of CN¥4.7B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 45.5%. Its total assets and total liabilities are CN¥13.5B and CN¥8.9B respectively.
Key information
45.5%
Debt to equity ratio
CN¥2.12b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.56b |
| Equity | CN¥4.66b |
| Total liabilities | CN¥8.88b |
| Total assets | CN¥13.54b |
Recent financial health updates
Recent updates
Investors Aren't Buying Truking Technology Limited's (SZSE:300358) Revenues
Sep 30
Truking Technology (SZSE:300358) Is Due To Pay A Dividend Of CN¥0.10
Jul 15Truking Technology's (SZSE:300358) Anemic Earnings Might Be Worse Than You Think
May 05Is Truking Technology (SZSE:300358) Using Too Much Debt?
Mar 28Investors Still Aren't Entirely Convinced By Truking Technology Limited's (SZSE:300358) Earnings Despite 27% Price Jump
Mar 06Financial Position Analysis
Short Term Liabilities: 300358's short term assets (CN¥8.4B) exceed its short term liabilities (CN¥7.4B).
Long Term Liabilities: 300358's short term assets (CN¥8.4B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 300358's net debt to equity ratio (12.1%) is considered satisfactory.
Reducing Debt: 300358's debt to equity ratio has increased from 13.8% to 45.5% over the past 5 years.
Debt Coverage: 300358's debt is not well covered by operating cash flow (1.9%).
Interest Coverage: Insufficient data to determine if 300358'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 | 2024/12/24 18:42 |
| 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
Truking Technology Limited is covered by 15 analysts. 3 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 |
|---|---|
| Shaohui Yang | BOCI Research Ltd. |
| Shuchang Liu | Changjiang Securities Co. LTD. |
| Bo Chen | Chasing Securities |