Cre8 Direct (NingBo) Balance Sheet Health
Financial Health criteria checks 4/6
Cre8 Direct (NingBo) has a total shareholder equity of CN¥897.1M and total debt of CN¥433.5M, which brings its debt-to-equity ratio to 48.3%. Its total assets and total liabilities are CN¥1.8B and CN¥869.6M respectively. Cre8 Direct (NingBo)'s EBIT is CN¥91.9M making its interest coverage ratio -50.3. It has cash and short-term investments of CN¥372.4M.
Key information
48.3%
Debt to equity ratio
CN¥433.54m
Debt
| Interest coverage ratio | -50.3x |
| Cash | CN¥372.39m |
| Equity | CN¥897.08m |
| Total liabilities | CN¥869.61m |
| Total assets | CN¥1.77b |
Recent financial health updates
No updates
Recent updates
Some Investors May Be Worried About Cre8 Direct (NingBo)'s (SZSE:300703) Returns On Capital
Dec 16
Cre8 Direct (NingBo) Co., Ltd. (SZSE:300703) Looks Just Right With A 44% Price Jump
Nov 26Cre8 Direct (NingBo) (SZSE:300703) Has Affirmed Its Dividend Of CN¥0.15
May 21Additional Considerations Required While Assessing Cre8 Direct (NingBo)'s (SZSE:300703) Strong Earnings
Apr 28Financial Position Analysis
Short Term Liabilities: 300703's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥542.4M).
Long Term Liabilities: 300703's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥327.2M).
Debt to Equity History and Analysis
Debt Level: 300703's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: 300703's debt to equity ratio has increased from 22% to 48.3% over the past 5 years.
Debt Coverage: 300703's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: 300703 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 05:13 |
| End of Day Share Price | 2024/12/19 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
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Analyst Sources
Cre8 Direct (NingBo) 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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