Bright Oceans Inter-Telecom Balance Sheet Health
Financial Health criteria checks 5/6
Bright Oceans Inter-Telecom has a total shareholder equity of CN¥621.3M and total debt of CN¥6.5M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are CN¥1.4B and CN¥760.1M respectively.
Key information
1.0%
Debt to equity ratio
CN¥6.47m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥835.80m |
| Equity | CN¥621.25m |
| Total liabilities | CN¥760.11m |
| Total assets | CN¥1.38b |
Recent financial health updates
Recent updates
There's Reason For Concern Over Bright Oceans Inter-Telecom Corporation's (SHSE:600289) Massive 43% Price Jump
Mar 28
A Look At The Fair Value Of Bright Oceans Inter-Telecom Corporation (SHSE:600289)
Mar 18There's Reason For Concern Over Bright Oceans Inter-Telecom Corporation's (SHSE:600289) Price
Oct 24We Think Bright Oceans Inter-Telecom (SHSE:600289) Can Afford To Drive Business Growth
Aug 30Some Confidence Is Lacking In Bright Oceans Inter-Telecom Corporation (SHSE:600289) As Shares Slide 30%
Apr 22Bright Oceans Inter-Telecom Corporation's (SHSE:600289) Shares May Have Run Too Fast Too Soon
Mar 06Financial Position Analysis
Short Term Liabilities: 600289's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥303.6M).
Long Term Liabilities: 600289's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥456.5M).
Debt to Equity History and Analysis
Debt Level: 600289 has more cash than its total debt.
Reducing Debt: 600289's debt to equity ratio has increased from 0% to 1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 600289 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600289 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.2% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/23 03:23 |
| End of Day Share Price | 2025/04/23 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
Bright Oceans Inter-Telecom Corporation is covered by 5 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 |
|---|---|
| Rung-Yan Lin | China International Capital Corporation Limited |
| Yang Sui | China Minzu Securities |
| Nan Zhang | China Stock Investment Research Co. Ltd. (GZ500..com) |