Shijihengtong Technology Balance Sheet Health
Financial Health criteria checks 4/6
Shijihengtong Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥644.4M, which brings its debt-to-equity ratio to 51.5%. Its total assets and total liabilities are CN¥2.1B and CN¥839.3M respectively. Shijihengtong Technology's EBIT is CN¥80.8M making its interest coverage ratio 7.9. It has cash and short-term investments of CN¥232.2M.
Key information
51.5%
Debt to equity ratio
CN¥644.35m
Debt
| Interest coverage ratio | 7.9x |
| Cash | CN¥232.24m |
| Equity | CN¥1.25b |
| Total liabilities | CN¥839.30m |
| Total assets | CN¥2.09b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301428's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥683.5M).
Long Term Liabilities: 301428's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥155.8M).
Debt to Equity History and Analysis
Debt Level: 301428's net debt to equity ratio (32.9%) is considered satisfactory.
Reducing Debt: 301428's debt to equity ratio has increased from 45.2% to 51.5% over the past 5 years.
Debt Coverage: 301428's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301428's interest payments on its debt are well covered by EBIT (7.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 08:25 |
| End of Day Share Price | 2024/12/25 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
Shijihengtong Technology 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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