BrightGene Bio-Medical Technology Balance Sheet Health
Financial Health criteria checks 2/6
BrightGene Bio-Medical Technology has a total shareholder equity of CN¥2.3B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 91.3%. Its total assets and total liabilities are CN¥4.9B and CN¥2.5B respectively. BrightGene Bio-Medical Technology's EBIT is CN¥178.6M making its interest coverage ratio 5.2. It has cash and short-term investments of CN¥505.4M.
Key information
91.3%
Debt to equity ratio
CN¥2.14b
Debt
| Interest coverage ratio | 5.2x |
| Cash | CN¥505.36m |
| Equity | CN¥2.34b |
| Total liabilities | CN¥2.54b |
| Total assets | CN¥4.88b |
Recent financial health updates
Recent updates
BrightGene Bio-Medical Technology Co., Ltd.'s (SHSE:688166) 28% Price Boost Is Out Of Tune With Earnings
Oct 01
Is BrightGene Bio-Medical Technology (SHSE:688166) Using Too Much Debt?
Sep 19Some BrightGene Bio-Medical Technology Co., Ltd. (SHSE:688166) Shareholders Look For Exit As Shares Take 29% Pounding
Aug 01BrightGene Bio-Medical Technology Co., Ltd.'s (SHSE:688166) 47% Share Price Surge Not Quite Adding Up
May 21BrightGene Bio-Medical Technology Co., Ltd. (SHSE:688166) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Mar 01Financial Position Analysis
Short Term Liabilities: 688166's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥885.5M).
Long Term Liabilities: 688166's short term assets (CN¥1.4B) do not cover its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 688166's net debt to equity ratio (69.7%) is considered high.
Reducing Debt: 688166's debt to equity ratio has increased from 0% to 91.3% over the past 5 years.
Debt Coverage: 688166's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: 688166's interest payments on its debt are well covered by EBIT (5.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 08:34 |
| End of Day Share Price | 2024/12/26 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
BrightGene Bio-Medical Technology Co., Ltd. is covered by 6 analysts. 4 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 |
|---|---|
| Yue Gao | Changjiang Securities Co. LTD. |
| Shitong Han | Citic Securities Co., Ltd. |
| Yu Wu | CMB International Securities Limited |