Shenzhen Bluetrum Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Bluetrum Technology has a total shareholder equity of CN¥3.9B and total debt of CN¥473.5M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are CN¥4.5B and CN¥579.2M respectively. Shenzhen Bluetrum Technology's EBIT is CN¥173.9M making its interest coverage ratio -2. It has cash and short-term investments of CN¥3.4B.
Key information
12.1%
Debt to equity ratio
CN¥473.45m
Debt
| Interest coverage ratio | -2x |
| Cash | CN¥3.36b |
| Equity | CN¥3.90b |
| Total liabilities | CN¥579.17m |
| Total assets | CN¥4.48b |
Recent financial health updates
Shenzhen Bluetrum Technology (SHSE:688332) Could Easily Take On More Debt
Dec 02
Shenzhen Bluetrum Technology (SHSE:688332) Has A Rock Solid Balance Sheet
Jun 03Recent updates
Shenzhen Bluetrum Technology (SHSE:688332) Could Easily Take On More Debt
Dec 02Shenzhen Bluetrum Technology Co., Ltd. (SHSE:688332) Stocks Shoot Up 35% But Its P/E Still Looks Reasonable
Nov 11An Intrinsic Calculation For Shenzhen Bluetrum Technology Co., Ltd. (SHSE:688332) Suggests It's 25% Undervalued
Sep 06Shenzhen Bluetrum Technology (SHSE:688332) Has A Rock Solid Balance Sheet
Jun 03Shenzhen Bluetrum Technology's (SHSE:688332) Shareholders Should Assess Earnings With Caution
Apr 16Financial Position Analysis
Short Term Liabilities: 688332's short term assets (CN¥4.4B) exceed its short term liabilities (CN¥574.2M).
Long Term Liabilities: 688332's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥5.0M).
Debt to Equity History and Analysis
Debt Level: 688332 has more cash than its total debt.
Reducing Debt: 688332's debt to equity ratio has increased from 4.3% to 12.1% over the past 5 years.
Debt Coverage: 688332's debt is well covered by operating cash flow (53.3%).
Interest Coverage: 688332 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 17:34 |
| End of Day Share Price | 2024/12/31 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
Shenzhen Bluetrum Technology Co., Ltd. is covered by 5 analysts. 3 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 |
|---|---|
| Fan Yan | China Merchants Securities Co. Ltd. |
| Tao Xu | Citic Securities Co., Ltd. |
| Kang Yao | Industrial Securities Co. Ltd. |