Bestechnic (Shanghai) Balance Sheet Health
Financial Health criteria checks 5/6
Bestechnic (Shanghai) has a total shareholder equity of CN¥6.4B and total debt of CN¥20.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥7.0B and CN¥572.0M respectively. Bestechnic (Shanghai)'s EBIT is CN¥167.1M making its interest coverage ratio -1.5. It has cash and short-term investments of CN¥5.0B.
Key information
0.3%
Debt to equity ratio
CN¥20.01m
Debt
| Interest coverage ratio | -1.5x |
| Cash | CN¥5.01b |
| Equity | CN¥6.41b |
| Total liabilities | CN¥571.97m |
| Total assets | CN¥6.98b |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Bestechnic (Shanghai) Co., Ltd.'s (SHSE:688608) Massive 26% Price Jump
Dec 01
There's Reason For Concern Over Bestechnic (Shanghai) Co., Ltd.'s (SHSE:688608) Massive 38% Price Jump
Oct 01Bestechnic (Shanghai) Co., Ltd. Just Missed EPS By 39%: Here's What Analysts Think Will Happen Next
Aug 29Bestechnic (Shanghai) (SHSE:688608) Will Be Hoping To Turn Its Returns On Capital Around
Aug 23Bestechnic (Shanghai)'s (SHSE:688608) Returns On Capital Not Reflecting Well On The Business
May 21Bestechnic (Shanghai)'s (SHSE:688608) Profits May Not Reveal Underlying Issues
Apr 03Financial Position Analysis
Short Term Liabilities: 688608's short term assets (CN¥6.3B) exceed its short term liabilities (CN¥559.9M).
Long Term Liabilities: 688608's short term assets (CN¥6.3B) exceed its long term liabilities (CN¥12.1M).
Debt to Equity History and Analysis
Debt Level: 688608 has more cash than its total debt.
Reducing Debt: 688608's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.
Debt Coverage: 688608's debt is well covered by operating cash flow (2006.3%).
Interest Coverage: 688608 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 | 2024/12/20 17:50 |
| End of Day Share Price | 2024/12/20 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
Bestechnic (Shanghai) Co., Ltd. is covered by 14 analysts. 9 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 |
|---|---|
| Feng Gao | China Galaxy Securities Co., Ltd. |
| Hu Peng | China International Capital Corporation Limited |
| Fan Yan | China Merchants Securities Co. Ltd. |