Guangdong Fuxin Technology Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Fuxin Technology has a total shareholder equity of CN¥703.7M and total debt of CN¥96.3M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are CN¥993.1M and CN¥289.5M respectively. Guangdong Fuxin Technology's EBIT is CN¥23.6M making its interest coverage ratio -2.9. It has cash and short-term investments of CN¥377.6M.
Key information
13.7%
Debt to equity ratio
CN¥96.29m
Debt
| Interest coverage ratio | -2.9x |
| Cash | CN¥377.62m |
| Equity | CN¥703.66m |
| Total liabilities | CN¥289.46m |
| Total assets | CN¥993.13m |
Recent financial health updates
No updates
Recent updates
Guangdong Fuxin Technology Co., Ltd.'s (SHSE:688662) Shares Climb 53% But Its Business Is Yet to Catch Up
Nov 11
Investors Shouldn't Be Too Comfortable With Guangdong Fuxin Technology's (SHSE:688662) Earnings
Oct 29Investors Interested In Guangdong Fuxin Technology Co., Ltd.'s (SHSE:688662) Earnings
Sep 26More Unpleasant Surprises Could Be In Store For Guangdong Fuxin Technology Co., Ltd.'s (SHSE:688662) Shares After Tumbling 26%
Apr 26Guangdong Fuxin Technology Co., Ltd.'s (SHSE:688662) 27% Price Boost Is Out Of Tune With Revenues
Mar 04Financial Position Analysis
Short Term Liabilities: 688662's short term assets (CN¥648.6M) exceed its short term liabilities (CN¥285.0M).
Long Term Liabilities: 688662's short term assets (CN¥648.6M) exceed its long term liabilities (CN¥4.5M).
Debt to Equity History and Analysis
Debt Level: 688662 has more cash than its total debt.
Reducing Debt: 688662's debt to equity ratio has increased from 0% to 13.7% over the past 5 years.
Debt Coverage: 688662's debt is well covered by operating cash flow (121.1%).
Interest Coverage: 688662 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 | 2025/01/11 19:31 |
| End of Day Share Price | 2025/01/10 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
Guangdong Fuxin Technology Co., Ltd. is covered by 1 analysts. 1 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 |
|---|---|
| Jian Pan | Tianfeng Securities Brokerage Co., Ltd |