China Rare Earth Resources And Technology Balance Sheet Health
Financial Health criteria checks 5/6
China Rare Earth Resources And Technology has a total shareholder equity of CN¥4.7B and total debt of CN¥102.1M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are CN¥5.2B and CN¥470.8M respectively. China Rare Earth Resources And Technology's EBIT is CN¥59.1M making its interest coverage ratio -3.3. It has cash and short-term investments of CN¥1.3B.
Key information
2.2%
Debt to equity ratio
CN¥102.14m
Debt
| Interest coverage ratio | -3.3x |
| Cash | CN¥1.25b |
| Equity | CN¥4.75b |
| Total liabilities | CN¥470.76m |
| Total assets | CN¥5.22b |
Recent financial health updates
Does China Rare Earth Resources And Technology (SZSE:000831) Have A Healthy Balance Sheet?
Oct 22
Does China Rare Earth Resources And Technology (SZSE:000831) Have A Healthy Balance Sheet?
May 22Recent updates
China Rare Earth Resources And Technology (SZSE:000831) Might Be Having Difficulty Using Its Capital Effectively
Dec 27China Rare Earth Resources And Technology Co., Ltd.'s (SZSE:000831) 30% Price Boost Is Out Of Tune With Revenues
Nov 14Does China Rare Earth Resources And Technology (SZSE:000831) Have A Healthy Balance Sheet?
Oct 22What China Rare Earth Resources And Technology Co., Ltd.'s (SZSE:000831) 28% Share Price Gain Is Not Telling You
Sep 30Returns On Capital At China Rare Earth Resources And Technology (SZSE:000831) Have Stalled
Aug 26Risks To Shareholder Returns Are Elevated At These Prices For China Rare Earth Resources And Technology Co., Ltd. (SZSE:000831)
Jul 15Does China Rare Earth Resources And Technology (SZSE:000831) Have A Healthy Balance Sheet?
May 22China Rare Earth Resources And Technology's (SZSE:000831) Soft Earnings Are Actually Better Than They Appear
May 03China Rare Earth Resources And Technology Co., Ltd.'s (SZSE:000831) Intrinsic Value Is Potentially 42% Above Its Share Price
Apr 17There's Reason For Concern Over China Rare Earth Resources And Technology Co., Ltd.'s (SZSE:000831) Massive 26% Price Jump
Mar 04Financial Position Analysis
Short Term Liabilities: 000831's short term assets (CN¥4.1B) exceed its short term liabilities (CN¥400.1M).
Long Term Liabilities: 000831's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥70.7M).
Debt to Equity History and Analysis
Debt Level: 000831 has more cash than its total debt.
Reducing Debt: 000831's debt to equity ratio has reduced from 10.3% to 2.2% over the past 5 years.
Debt Coverage: 000831's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000831 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 11:12 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
China Rare Earth Resources And Technology Co., Ltd. is covered by 7 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 |
|---|---|
| Lei Yan | China Merchants Securities Co. Ltd. |
| James Kan | Deutsche Bank |
| Jefferson Zhang | Goldman Sachs |