Rongan PropertyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Rongan PropertyLtd has a total shareholder equity of CN¥8.6B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 38.3%. Its total assets and total liabilities are CN¥28.9B and CN¥20.3B respectively.
Key information
38.3%
Debt to equity ratio
CN¥3.31b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.42b |
| Equity | CN¥8.63b |
| Total liabilities | CN¥20.25b |
| Total assets | CN¥28.89b |
Recent financial health updates
Recent updates
Market Might Still Lack Some Conviction On Rongan Property Co.,Ltd. (SZSE:000517) Even After 34% Share Price Boost
Oct 04
Rongan Property Co.,Ltd.'s (SZSE:000517) Shares Leap 44% Yet They're Still Not Telling The Full Story
May 21Some Investors May Be Willing To Look Past Rongan PropertyLtd's (SZSE:000517) Soft Earnings
May 05Rongan PropertyLtd (SZSE:000517) Has A Pretty Healthy Balance Sheet
Apr 30Calculating The Intrinsic Value Of Rongan Property Co.,Ltd. (SZSE:000517)
Apr 12Financial Position Analysis
Short Term Liabilities: 000517's short term assets (CN¥27.1B) exceed its short term liabilities (CN¥18.7B).
Long Term Liabilities: 000517's short term assets (CN¥27.1B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 000517's net debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: 000517's debt to equity ratio has reduced from 142.8% to 38.3% over the past 5 years.
Debt Coverage: 000517's debt is well covered by operating cash flow (38.6%).
Interest Coverage: Insufficient data to determine if 000517's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 03:06 |
| End of Day Share Price | 2024/12/23 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
Rongan Property Co.,Ltd. is covered by 1 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 |
|---|---|
| Jun Hong | Shenwan Hongyuan Securities |