G-bits Network Technology (Xiamen) Co., Ltd.

SHSE:603444 Stock Report

Market Cap: CN¥17.5b

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¥5.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥6.9B and CN¥1.4B respectively. G-bits Network Technology (Xiamen)'s EBIT is CN¥1.3B making its interest coverage ratio -8.6. It has cash and short-term investments of CN¥3.9B.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-8.6x
CashCN¥3.86b
EquityCN¥5.55b
Total liabilitiesCN¥1.40b
Total assetsCN¥6.94b

Recent financial health updates

No updates

Recent updates

There's No Escaping G-bits Network Technology (Xiamen) Co., Ltd.'s (SHSE:603444) Muted Earnings Despite A 26% Share Price Rise

Oct 01
There's No Escaping G-bits Network Technology (Xiamen) Co., Ltd.'s (SHSE:603444) Muted Earnings Despite A 26% Share Price Rise

G-bits Network Technology (Xiamen)'s (SHSE:603444) Soft Earnings Don't Show The Whole Picture

Aug 16
G-bits Network Technology (Xiamen)'s (SHSE:603444) Soft Earnings Don't Show The Whole Picture

G-bits Network Technology (Xiamen) Co., Ltd. (SHSE:603444) Held Back By Insufficient Growth Even After Shares Climb 26%

Aug 14
G-bits Network Technology (Xiamen) Co., Ltd. (SHSE:603444) Held Back By Insufficient Growth Even After Shares Climb 26%

Here's What G-bits Network Technology (Xiamen)'s (SHSE:603444) Strong Returns On Capital Mean

Jul 12
Here's What G-bits Network Technology (Xiamen)'s (SHSE:603444) Strong Returns On Capital Mean

News Flash: 14 Analysts Think G-bits Network Technology (Xiamen) Co., Ltd. (SHSE:603444) Earnings Are Under Threat

Apr 02
News Flash: 14 Analysts Think G-bits Network Technology (Xiamen) Co., Ltd. (SHSE:603444) Earnings Are Under Threat

G-bits Network Technology (Xiamen) Co., Ltd. Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Apr 01
G-bits Network Technology (Xiamen) Co., Ltd. Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

The Market Doesn't Like What It Sees From G-bits Network Technology (Xiamen) Co., Ltd.'s (SHSE:603444) Earnings Yet

Mar 21
The Market Doesn't Like What It Sees From G-bits Network Technology (Xiamen) Co., Ltd.'s (SHSE:603444) Earnings Yet

Financial Position Analysis

Short Term Liabilities: 603444's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥1.3B).

Long Term Liabilities: 603444's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥74.0M).


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 2.6%.

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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