Sichuan Newsnet Media (Group)Ltd Balance Sheet Health
Financial Health criteria checks 6/6
Sichuan Newsnet Media (Group)Ltd has a total shareholder equity of CN¥792.7M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.2B and CN¥358.9M respectively. Sichuan Newsnet Media (Group)Ltd's EBIT is CN¥2.9M making its interest coverage ratio -0.2. It has cash and short-term investments of CN¥468.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -0.2x |
| Cash | CN¥468.70m |
| Equity | CN¥792.67m |
| Total liabilities | CN¥358.88m |
| Total assets | CN¥1.15b |
Recent financial health updates
No updates
Recent updates
Sichuan Newsnet Media (Group)Ltd (SZSE:300987) Might Be Having Difficulty Using Its Capital Effectively
Dec 23
Weak Statutory Earnings May Not Tell The Whole Story For Sichuan Newsnet Media (Group)Ltd (SZSE:300987)
Nov 04Sichuan Newsnet Media (Group) Co.,Ltd. (SZSE:300987) Stock Rockets 40% As Investors Are Less Pessimistic Than Expected
Oct 16Sichuan Newsnet Media (Group)Ltd's (SZSE:300987) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 09Be Wary Of Sichuan Newsnet Media (Group)Ltd (SZSE:300987) And Its Returns On Capital
Jun 07We Believe That Sichuan Newsnet Media (Group)Ltd's (SZSE:300987) Weak Earnings Are A Good Indicator Of Underlying Profitability
May 03Sichuan Newsnet Media (Group) Co.,Ltd.'s (SZSE:300987) 27% Share Price Plunge Could Signal Some Risk
Apr 22What Sichuan Newsnet Media (Group) Co.,Ltd.'s (SZSE:300987) 42% Share Price Gain Is Not Telling You
Mar 08Financial Position Analysis
Short Term Liabilities: 300987's short term assets (CN¥552.7M) exceed its short term liabilities (CN¥173.3M).
Long Term Liabilities: 300987's short term assets (CN¥552.7M) exceed its long term liabilities (CN¥185.6M).
Debt to Equity History and Analysis
Debt Level: 300987 is debt free.
Reducing Debt: 300987 had no debt 5 years ago.
Debt Coverage: 300987 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300987 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 20:38 |
| End of Day Share Price | 2025/01/08 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
Sichuan Newsnet Media (Group) Co.,Ltd. is covered by 0 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 |
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