Shanghai Suochen Information TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Suochen Information TechnologyLtd has a total shareholder equity of CN¥2.8B and total debt of CN¥15.0M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥2.9B and CN¥105.7M respectively.
Key information
0.5%
Debt to equity ratio
CN¥15.01m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.97b |
| Equity | CN¥2.77b |
| Total liabilities | CN¥105.69m |
| Total assets | CN¥2.88b |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By Shanghai Suochen Information Technology Co.,Ltd.'s (SHSE:688507) 41% Share Price Surge
Nov 07
Shanghai Suochen Information TechnologyLtd's (SHSE:688507) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Sep 03Shanghai Suochen Information TechnologyLtd (SHSE:688507) Shareholders Will Want The ROCE Trajectory To Continue
Jun 13Shanghai Suochen Information Technology Co.,Ltd.'s (SHSE:688507) 32% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Apr 21Shanghai Suochen Information Technology Co.,Ltd.'s (SHSE:688507) P/S Is Still On The Mark Following 28% Share Price Bounce
Mar 07Financial Position Analysis
Short Term Liabilities: 688507's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥103.2M).
Long Term Liabilities: 688507's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥2.5M).
Debt to Equity History and Analysis
Debt Level: 688507 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 688507's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688507's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688507'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 | 2024/12/26 20:59 |
| End of Day Share Price | 2024/12/26 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 |
| |
| 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
Shanghai Suochen Information Technology Co.,Ltd. is covered by 5 analysts. 4 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 |
| Zhexian Tan | China International Capital Corporation Limited |
| Zeyuan Yang | Citic Securities Co., Ltd. |