Shanghai Runda Medical Technology Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Runda Medical Technology has a total shareholder equity of CN¥5.5B and total debt of CN¥7.0B, which brings its debt-to-equity ratio to 126.3%. Its total assets and total liabilities are CN¥14.4B and CN¥8.9B respectively. Shanghai Runda Medical Technology's EBIT is CN¥534.2M making its interest coverage ratio 3.3. It has cash and short-term investments of CN¥1.2B.
Key information
126.3%
Debt to equity ratio
CN¥6.95b
Debt
| Interest coverage ratio | 3.3x |
| Cash | CN¥1.22b |
| Equity | CN¥5.51b |
| Total liabilities | CN¥8.86b |
| Total assets | CN¥14.36b |
Recent financial health updates
These 4 Measures Indicate That Shanghai Runda Medical Technology (SHSE:603108) Is Using Debt Extensively
Oct 18
Shanghai Runda Medical Technology (SHSE:603108) Has A Somewhat Strained Balance Sheet
Jun 26These 4 Measures Indicate That Shanghai Runda Medical Technology (SHSE:603108) Is Using Debt Extensively
Feb 27Recent updates
Earnings Tell The Story For Shanghai Runda Medical Technology Co., Ltd. (SHSE:603108) As Its Stock Soars 39%
Oct 22These 4 Measures Indicate That Shanghai Runda Medical Technology (SHSE:603108) Is Using Debt Extensively
Oct 18Shanghai Runda Medical Technology (SHSE:603108) Has A Somewhat Strained Balance Sheet
Jun 26Shanghai Runda Medical Technology Co., Ltd.'s (SHSE:603108) Earnings Haven't Escaped The Attention Of Investors
Jun 04Does Shanghai Runda Medical Technology (SHSE:603108) Deserve A Spot On Your Watchlist?
Mar 21Shanghai Runda Medical Technology Co., Ltd. (SHSE:603108) Stock Rockets 31% But Many Are Still Ignoring The Company
Mar 04These 4 Measures Indicate That Shanghai Runda Medical Technology (SHSE:603108) Is Using Debt Extensively
Feb 27Financial Position Analysis
Short Term Liabilities: 603108's short term assets (CN¥9.5B) exceed its short term liabilities (CN¥7.9B).
Long Term Liabilities: 603108's short term assets (CN¥9.5B) exceed its long term liabilities (CN¥919.0M).
Debt to Equity History and Analysis
Debt Level: 603108's net debt to equity ratio (104.1%) is considered high.
Reducing Debt: 603108's debt to equity ratio has increased from 77.6% to 126.3% over the past 5 years.
Debt Coverage: 603108's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: 603108's interest payments on its debt are well covered by EBIT (3.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 00:22 |
| 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
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Analyst Sources
Shanghai Runda Medical Technology Co., Ltd. is covered by 5 analysts. 2 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 |
|---|---|
| Jin Zhang | China International Capital Corporation Limited |
| Xiao Wei Lin | Everbright Securities Co. Ltd. |
| Lin Yang | Haitong International Research Limited |