Suzhou New District Hi-Tech IndustrialLtd Balance Sheet Health
Financial Health criteria checks 2/6
Suzhou New District Hi-Tech IndustrialLtd has a total shareholder equity of CN¥18.6B and total debt of CN¥40.6B, which brings its debt-to-equity ratio to 218.3%. Its total assets and total liabilities are CN¥74.0B and CN¥55.4B respectively. Suzhou New District Hi-Tech IndustrialLtd's EBIT is CN¥289.2M making its interest coverage ratio 0.7. It has cash and short-term investments of CN¥4.9B.
Key information
218.3%
Debt to equity ratio
CN¥40.63b
Debt
| Interest coverage ratio | 0.7x |
| Cash | CN¥4.91b |
| Equity | CN¥18.61b |
| Total liabilities | CN¥55.36b |
| Total assets | CN¥73.98b |
Recent financial health updates
No updates
Recent updates
Suzhou New District Hi-Tech Industrial Co.,Ltd (SHSE:600736) Stock Rockets 34% As Investors Are Less Pessimistic Than Expected
Nov 19
Investors Can Find Comfort In Suzhou New District Hi-Tech IndustrialLtd's (SHSE:600736) Earnings Quality
Nov 05Suzhou New District Hi-Tech IndustrialLtd's (SHSE:600736) Problems Go Beyond Weak Profit
May 06Financial Position Analysis
Short Term Liabilities: 600736's short term assets (CN¥49.9B) exceed its short term liabilities (CN¥20.4B).
Long Term Liabilities: 600736's short term assets (CN¥49.9B) exceed its long term liabilities (CN¥35.0B).
Debt to Equity History and Analysis
Debt Level: 600736's net debt to equity ratio (191.9%) is considered high.
Reducing Debt: 600736's debt to equity ratio has increased from 85.1% to 218.3% over the past 5 years.
Debt Coverage: 600736's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600736's interest payments on its debt are not well covered by EBIT (0.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 03:13 |
| End of Day Share Price | 2024/12/27 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
Suzhou New District Hi-Tech Industrial Co.,Ltd is covered by 5 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 |
|---|---|
| Dong Pu | Changjiang Securities Co. LTD. |
| Jing Ning | China International Capital Corporation Limited |
| JUNPING XU | Guoyuan Securities Co., Ltd. |