Skyverse Technology Balance Sheet Health
Financial Health criteria checks 4/6
Skyverse Technology has a total shareholder equity of CN¥2.4B and total debt of CN¥52.6M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are CN¥3.9B and CN¥1.6B respectively.
Key information
2.2%
Debt to equity ratio
CN¥52.60m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥731.16m |
| Equity | CN¥2.37b |
| Total liabilities | CN¥1.57b |
| Total assets | CN¥3.94b |
Recent financial health updates
Health Check: How Prudently Does Skyverse Technology (SHSE:688361) Use Debt?
Oct 23
Skyverse Technology (SHSE:688361) Seems To Use Debt Quite Sensibly
May 23Recent updates
A Look At The Fair Value Of Skyverse Technology Co., Ltd. (SHSE:688361)
Dec 17We Believe That Skyverse Technology's (SHSE:688361) Weak Earnings Are A Good Indicator Of Underlying Profitability
Nov 08Revenues Tell The Story For Skyverse Technology Co., Ltd. (SHSE:688361) As Its Stock Soars 28%
Nov 07Health Check: How Prudently Does Skyverse Technology (SHSE:688361) Use Debt?
Oct 23Returns On Capital Are Showing Encouraging Signs At Skyverse Technology (SHSE:688361)
Jun 18Skyverse Technology (SHSE:688361) Seems To Use Debt Quite Sensibly
May 23There's Reason For Concern Over Skyverse Technology Co., Ltd.'s (SHSE:688361) Massive 25% Price Jump
Mar 04Financial Position Analysis
Short Term Liabilities: 688361's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 688361's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥301.8M).
Debt to Equity History and Analysis
Debt Level: 688361 has more cash than its total debt.
Reducing Debt: 688361's debt to equity ratio has reduced from 10.5% to 2.2% over the past 5 years.
Debt Coverage: 688361's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688361'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 | 2025/01/31 04:15 |
| End of Day Share Price | 2025/01/27 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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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
Skyverse Technology Co., Ltd. is covered by 13 analysts. 6 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 |
|---|---|
| Xiaobin Shi | China International Capital Corporation Limited |
| Fan Yan | China Merchants Securities Co. Ltd. |
| Tao Xu | Citic Securities Co., Ltd. |