Foshan Blue Rocket ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Foshan Blue Rocket ElectronicsLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥30.0M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are CN¥1.9B and CN¥362.7M respectively.
Key information
2.0%
Debt to equity ratio
CN¥30.02m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥746.26m |
| Equity | CN¥1.51b |
| Total liabilities | CN¥362.66m |
| Total assets | CN¥1.87b |
Recent financial health updates
Is Foshan Blue Rocket ElectronicsLtd (SZSE:301348) Using Debt Sensibly?
Oct 21
Is Foshan Blue Rocket ElectronicsLtd (SZSE:301348) A Risky Investment?
Jul 12Recent updates
Pinning Down Foshan Blue Rocket Electronics Co.,Ltd.'s (SZSE:301348) P/S Is Difficult Right Now
Dec 17Foshan Blue Rocket ElectronicsLtd's (SZSE:301348) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 05Is Foshan Blue Rocket ElectronicsLtd (SZSE:301348) Using Debt Sensibly?
Oct 21Be Wary Of Foshan Blue Rocket ElectronicsLtd (SZSE:301348) And Its Returns On Capital
Aug 08Is Foshan Blue Rocket ElectronicsLtd (SZSE:301348) A Risky Investment?
Jul 12We Think You Can Look Beyond Foshan Blue Rocket ElectronicsLtd's (SZSE:301348) Lackluster Earnings
May 02Foshan Blue Rocket Electronics Co.,Ltd. (SZSE:301348) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
Apr 16Foshan Blue Rocket Electronics Co.,Ltd.'s (SZSE:301348) Share Price Not Quite Adding Up
Feb 28Financial Position Analysis
Short Term Liabilities: 301348's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥351.8M).
Long Term Liabilities: 301348's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥10.9M).
Debt to Equity History and Analysis
Debt Level: 301348 has more cash than its total debt.
Reducing Debt: 301348's debt to equity ratio has reduced from 12.2% to 2% over the past 5 years.
Debt Coverage: 301348's debt is well covered by operating cash flow (209.8%).
Interest Coverage: Insufficient data to determine if 301348'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 | 2024/12/27 00:40 |
| End of Day Share Price | 2024/12/27 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
Foshan Blue Rocket Electronics Co.,Ltd. is covered by 0 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 |
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