Tianjin Ruixin TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Tianjin Ruixin TechnologyLtd has a total shareholder equity of CN¥779.5M and total debt of CN¥30.0M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are CN¥861.7M and CN¥82.1M respectively. Tianjin Ruixin TechnologyLtd's EBIT is CN¥57.4M making its interest coverage ratio -19.6. It has cash and short-term investments of CN¥165.2M.
Key information
3.9%
Debt to equity ratio
CN¥30.02m
Debt
| Interest coverage ratio | -19.6x |
| Cash | CN¥165.23m |
| Equity | CN¥779.53m |
| Total liabilities | CN¥82.14m |
| Total assets | CN¥861.67m |
Recent financial health updates
No updates
Recent updates
What Tianjin Ruixin Technology Co.,Ltd's (SZSE:300828) 30% Share Price Gain Is Not Telling You
Dec 05
Capital Allocation Trends At Tianjin Ruixin TechnologyLtd (SZSE:300828) Aren't Ideal
Dec 04Tianjin Ruixin Technology Co.,Ltd (SZSE:300828) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected
Oct 21Improved Earnings Required Before Tianjin Ruixin Technology Co.,Ltd (SZSE:300828) Stock's 40% Jump Looks Justified
Mar 07Financial Position Analysis
Short Term Liabilities: 300828's short term assets (CN¥452.0M) exceed its short term liabilities (CN¥75.3M).
Long Term Liabilities: 300828's short term assets (CN¥452.0M) exceed its long term liabilities (CN¥6.8M).
Debt to Equity History and Analysis
Debt Level: 300828 has more cash than its total debt.
Reducing Debt: 300828's debt to equity ratio has reduced from 32.5% to 3.9% over the past 5 years.
Debt Coverage: 300828's debt is well covered by operating cash flow (425.6%).
Interest Coverage: 300828 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 | 2024/12/25 02:17 |
| End of Day Share Price | 2024/12/25 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
Tianjin Ruixin 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 |
|---|---|
| Mengluan Liu | Guosen Securities Co., Ltd. |
| Zu Xue Qiu | Industrial Securities Co. Ltd. |