Kingnet Network Co., Ltd.

SZSE:002517 Stock Report

Market Cap: CN¥27.4b

Kingnet Network Balance Sheet Health

Financial Health criteria checks 6/6

Kingnet Network has a total shareholder equity of CN¥6.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥7.5B and CN¥1.5B respectively. Kingnet Network's EBIT is CN¥1.6B making its interest coverage ratio -12.1. It has cash and short-term investments of CN¥3.0B.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-12.1x
CashCN¥2.98b
EquityCN¥6.06b
Total liabilitiesCN¥1.46b
Total assetsCN¥7.51b

Recent financial health updates

No updates

Recent updates

Kingnet Network Co., Ltd. (SZSE:002517) Shares Could Be 30% Below Their Intrinsic Value Estimate

Nov 25
Kingnet Network Co., Ltd. (SZSE:002517) Shares Could Be 30% Below Their Intrinsic Value Estimate

Kingnet Network Co., Ltd.'s (SZSE:002517) Price Is Right But Growth Is Lacking After Shares Rocket 29%

Nov 11
Kingnet Network Co., Ltd.'s (SZSE:002517) Price Is Right But Growth Is Lacking After Shares Rocket 29%

Here's Why We Think Kingnet Network (SZSE:002517) Is Well Worth Watching

Oct 22
Here's Why We Think Kingnet Network (SZSE:002517) Is Well Worth Watching

Kingnet Network Co., Ltd.'s (SZSE:002517) Prospects Need A Boost To Lift Shares

Sep 25
Kingnet Network Co., Ltd.'s (SZSE:002517) Prospects Need A Boost To Lift Shares

Under The Bonnet, Kingnet Network's (SZSE:002517) Returns Look Impressive

Sep 09
Under The Bonnet, Kingnet Network's (SZSE:002517) Returns Look Impressive

We Think Kingnet Network's (SZSE:002517) Profit Is Only A Baseline For What They Can Achieve

Aug 23
We Think Kingnet Network's (SZSE:002517) Profit Is Only A Baseline For What They Can Achieve

Is There An Opportunity With Kingnet Network Co., Ltd.'s (SZSE:002517) 48% Undervaluation?

Jul 12
Is There An Opportunity With Kingnet Network Co., Ltd.'s (SZSE:002517) 48% Undervaluation?

With EPS Growth And More, Kingnet Network (SZSE:002517) Makes An Interesting Case

Jun 14
With EPS Growth And More, Kingnet Network (SZSE:002517) Makes An Interesting Case

Kingnet Network Co., Ltd.'s (SZSE:002517) Business And Shares Still Trailing The Market

May 21
Kingnet Network Co., Ltd.'s (SZSE:002517) Business And Shares Still Trailing The Market

Kingnet Network Co., Ltd. Just Missed EPS By 10%: Here's What Analysts Think Will Happen Next

May 02
Kingnet Network Co., Ltd. Just Missed EPS By 10%: Here's What Analysts Think Will Happen Next

Are Investors Undervaluing Kingnet Network Co., Ltd. (SZSE:002517) By 33%?

Apr 07
Are Investors Undervaluing Kingnet Network Co., Ltd. (SZSE:002517) By 33%?

Is Now The Time To Put Kingnet Network (SZSE:002517) On Your Watchlist?

Mar 15
Is Now The Time To Put Kingnet Network (SZSE:002517) On Your Watchlist?

Financial Position Analysis

Short Term Liabilities: 002517's short term assets (CN¥4.9B) exceed its short term liabilities (CN¥1.4B).

Long Term Liabilities: 002517's short term assets (CN¥4.9B) exceed its long term liabilities (CN¥75.5M).


Debt to Equity History and Analysis

Debt Level: 002517 is debt free.

Reducing Debt: 002517 has no debt compared to 5 years ago when its debt to equity ratio was 1.3%.

Debt Coverage: 002517 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 002517 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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