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

SHSE:603444 Stock Report

Market Cap: CN¥16.3b

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
CashCN¥3.34b
EquityCN¥5.39b
Total liabilitiesCN¥1.32b
Total assetsCN¥6.71b

Recent financial health updates

No updates

Recent updates

Investors Could Be Concerned With G-bits Network Technology (Xiamen)'s (SHSE:603444) Returns On Capital

Feb 06
Investors Could Be Concerned With G-bits Network Technology (Xiamen)'s (SHSE:603444) Returns On Capital

Investors Don't See Light At End Of G-bits Network Technology (Xiamen) Co., Ltd.'s (SHSE:603444) Tunnel

Dec 30
Investors Don't See Light At End Of G-bits Network Technology (Xiamen) Co., Ltd.'s (SHSE:603444) Tunnel

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¥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

DataLast Updated (UTC time)
Company Analysis2025/02/07 10:50
End of Day Share Price 2025/02/07 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

G-bits Network Technology (Xiamen) Co., Ltd. is covered by 21 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chen HeChasing Securities
Yue ZhengChina Galaxy Securities Co., Ltd.
Xueqing ZhangChina International Capital Corporation Limited