Lisheng Sports (Shanghai)Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Lisheng Sports (Shanghai)Ltd has a total shareholder equity of CN¥683.7M and total debt of CN¥154.1M, which brings its debt-to-equity ratio to 22.5%. Its total assets and total liabilities are CN¥1.0B and CN¥335.7M respectively. Lisheng Sports (Shanghai)Ltd's EBIT is CN¥6.5M making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥243.1M.
Key information
22.5%
Debt to equity ratio
CN¥154.06m
Debt
| Interest coverage ratio | 1.2x |
| Cash | CN¥243.09m |
| Equity | CN¥683.66m |
| Total liabilities | CN¥335.71m |
| Total assets | CN¥1.02b |
Recent financial health updates
No updates
Recent updates
Returns On Capital At Lisheng Sports (Shanghai)Ltd (SZSE:002858) Paint A Concerning Picture
Dec 13
Investors Don't See Light At End Of Lisheng Sports (Shanghai) Co.,Ltd's (SZSE:002858) Tunnel
Sep 30Little Excitement Around Lisheng Sports (Shanghai) Co.,Ltd's (SZSE:002858) Revenues As Shares Take 29% Pounding
Apr 22Lisheng Sports (Shanghai) Co.,Ltd (SZSE:002858) Held Back By Insufficient Growth Even After Shares Climb 38%
Mar 08Financial Position Analysis
Short Term Liabilities: 002858's short term assets (CN¥464.3M) exceed its short term liabilities (CN¥326.9M).
Long Term Liabilities: 002858's short term assets (CN¥464.3M) exceed its long term liabilities (CN¥8.9M).
Debt to Equity History and Analysis
Debt Level: 002858 has more cash than its total debt.
Reducing Debt: 002858's debt to equity ratio has increased from 13.3% to 22.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 002858 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002858 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 21.9% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 14:30 |
| 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
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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
Lisheng Sports (Shanghai) Co.,Ltd is covered by 2 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 |
|---|---|
| Yuebo Li | Industrial Securities Co. Ltd. |
| Zhang Liu | Tianfeng Securities Brokerage Co., Ltd |