Shenzhen Wongtee International Enterprise Balance Sheet Health
Financial Health criteria checks 2/6
Shenzhen Wongtee International Enterprise has a total shareholder equity of CN¥702.9M and total debt of CN¥3.9B, which brings its debt-to-equity ratio to 550.2%. Its total assets and total liabilities are CN¥8.6B and CN¥7.9B respectively. Shenzhen Wongtee International Enterprise's EBIT is CN¥247.9M making its interest coverage ratio 0.4. It has cash and short-term investments of CN¥104.8M.
Key information
550.2%
Debt to equity ratio
CN¥3.87b
Debt
| Interest coverage ratio | 0.4x |
| Cash | CN¥104.85m |
| Equity | CN¥702.90m |
| Total liabilities | CN¥7.94b |
| Total assets | CN¥8.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000056's short term assets (CN¥876.9M) do not cover its short term liabilities (CN¥5.9B).
Long Term Liabilities: 000056's short term assets (CN¥876.9M) do not cover its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 000056's net debt to equity ratio (535.3%) is considered high.
Reducing Debt: 000056's debt to equity ratio has increased from 81.1% to 550.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 000056 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 000056 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 15% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 14:01 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shenzhen Wongtee International Enterprise Co., Ltd. is covered by 3 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. |
| Rui Ming Ou | Guosen Securities Co., Ltd. |
| Lin Wang | Ping An Securities Co. Ltd. |