G-bits Network Technology (Xiamen) Balance Sheet Health
Financial Health criteria checks 6/6
G-bits Network Technology (Xiamen) has a total shareholder equity of CN¥5.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥6.7B and CN¥1.3B respectively. G-bits Network Technology (Xiamen)'s EBIT is CN¥1.2B making its interest coverage ratio -6.9. It has cash and short-term investments of CN¥3.3B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -6.9x |
| Cash | CN¥3.34b |
| Equity | CN¥5.39b |
| Total liabilities | CN¥1.32b |
| Total assets | CN¥6.71b |
Recent financial health updates
No updates
Recent updates
Investors Don't See Light At End Of G-bits Network Technology (Xiamen) Co., Ltd.'s (SHSE:603444) Tunnel
Dec 30
There's No Escaping G-bits Network Technology (Xiamen) Co., Ltd.'s (SHSE:603444) Muted Earnings Despite A 26% Share Price Rise
Oct 01G-bits Network Technology (Xiamen)'s (SHSE:603444) Soft Earnings Don't Show The Whole Picture
Aug 16G-bits Network Technology (Xiamen) Co., Ltd. (SHSE:603444) Held Back By Insufficient Growth Even After Shares Climb 26%
Aug 14Here's What G-bits Network Technology (Xiamen)'s (SHSE:603444) Strong Returns On Capital Mean
Jul 12News Flash: 14 Analysts Think G-bits Network Technology (Xiamen) Co., Ltd. (SHSE:603444) Earnings Are Under Threat
Apr 02G-bits Network Technology (Xiamen) Co., Ltd. Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
Apr 01The Market Doesn't Like What It Sees From G-bits Network Technology (Xiamen) Co., Ltd.'s (SHSE:603444) Earnings Yet
Mar 21Financial Position Analysis
Short Term Liabilities: 603444's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 603444's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥70.0M).
Debt to Equity History and Analysis
Debt Level: 603444 is debt free.
Reducing Debt: 603444 has no debt compared to 5 years ago when its debt to equity ratio was 2.1%.
Debt Coverage: 603444 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603444 has no debt, therefore 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 | 2024/12/31 12:55 |
| End of Day Share Price | 2024/12/31 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
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
G-bits Network Technology (Xiamen) Co., Ltd. is covered by 21 analysts. 16 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 |
|---|---|
| Chen He | Chasing Securities |
| Yue Zheng | China Galaxy Securities Co., Ltd. |
| Xueqing Zhang | China International Capital Corporation Limited |