Hangzhou Raycloud TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Hangzhou Raycloud TechnologyLtd has a total shareholder equity of CN¥970.5M and total debt of CN¥169.6M, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are CN¥1.7B and CN¥698.8M respectively.
Key information
17.5%
Debt to equity ratio
CN¥169.57m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥286.20m |
| Equity | CN¥970.55m |
| Total liabilities | CN¥698.78m |
| Total assets | CN¥1.67b |
Recent financial health updates
Recent updates
What Hangzhou Raycloud Technology Co.,Ltd's (SHSE:688365) 31% Share Price Gain Is Not Telling You
Dec 10
We Think Hangzhou Raycloud TechnologyLtd's (SHSE:688365) Healthy Earnings Might Be Conservative
Nov 01Does Hangzhou Raycloud TechnologyLtd (SHSE:688365) Have A Healthy Balance Sheet?
Oct 08The Price Is Right For Hangzhou Raycloud Technology Co.,Ltd (SHSE:688365) Even After Diving 33%
Apr 22Hangzhou Raycloud Technology Co.,Ltd's (SHSE:688365) 37% Share Price Surge Not Quite Adding Up
Mar 07Financial Position Analysis
Short Term Liabilities: 688365's short term assets (CN¥428.4M) do not cover its short term liabilities (CN¥536.6M).
Long Term Liabilities: 688365's short term assets (CN¥428.4M) exceed its long term liabilities (CN¥162.1M).
Debt to Equity History and Analysis
Debt Level: 688365 has more cash than its total debt.
Reducing Debt: 688365's debt to equity ratio has increased from 0% to 17.5% over the past 5 years.
Debt Coverage: 688365's debt is well covered by operating cash flow (37.5%).
Interest Coverage: Insufficient data to determine if 688365'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 | 2024/12/24 20:21 |
| End of Day Share Price | 2024/12/24 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
Hangzhou Raycloud Technology Co.,Ltd is covered by 4 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 |
|---|---|
| Zhihao Wang | China International Capital Corporation Limited |
| Yuping Liu | China Merchants Securities Co. Ltd. |
| Zeyuan Yang | Citic Securities Co., Ltd. |