Ciwen MediaLtd Balance Sheet Health
Financial Health criteria checks 4/6
Ciwen MediaLtd has a total shareholder equity of CN¥968.3M and total debt of CN¥159.9M, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are CN¥1.5B and CN¥506.8M respectively.
Key information
16.5%
Debt to equity ratio
CN¥159.85m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥158.05m |
| Equity | CN¥968.27m |
| Total liabilities | CN¥506.76m |
| Total assets | CN¥1.48b |
Recent financial health updates
Recent updates
Earnings Troubles May Signal Larger Issues for Ciwen MediaLtd (SZSE:002343) Shareholders
Nov 05
Is Ciwen MediaLtd (SZSE:002343) Weighed On By Its Debt Load?
Oct 22Ciwen Media Co.,Ltd. (SZSE:002343) Shares Slammed 26% But Getting In Cheap Might Be Difficult Regardless
Jun 03We Think You Can Look Beyond Ciwen MediaLtd's (SZSE:002343) Lackluster Earnings
Apr 25There's Reason For Concern Over Ciwen Media Co.,Ltd.'s (SZSE:002343) Massive 28% Price Jump
Mar 03Financial Position Analysis
Short Term Liabilities: 002343's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥503.2M).
Long Term Liabilities: 002343's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥3.6M).
Debt to Equity History and Analysis
Debt Level: 002343's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: 002343's debt to equity ratio has reduced from 17.3% to 16.5% over the past 5 years.
Debt Coverage: 002343's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002343's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 12:42 |
| End of Day Share Price | 2024/12/24 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ciwen Media Co.,Ltd. is covered by 13 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 |
|---|---|
| Xianwen Ma | Changjiang Securities Co. LTD. |
| Chen He | Chasing Securities |
| Xueqing Zhang | China International Capital Corporation Limited |