Montnets Cloud Technology Group Co., Ltd.

SZSE:002123 Stock Report

Market Cap: CN¥6.2b

Montnets Cloud Technology Group Balance Sheet Health

Financial Health criteria checks 5/6

Montnets Cloud Technology Group has a total shareholder equity of CN¥1.6B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 77.3%. Its total assets and total liabilities are CN¥3.8B and CN¥2.1B respectively.

Key information

77.3%

Debt to equity ratio

CN¥1.27b

Debt

Interest coverage ration/a
CashCN¥908.53m
EquityCN¥1.64b
Total liabilitiesCN¥2.14b
Total assetsCN¥3.78b

Recent financial health updates

Recent updates

Is Now The Time To Look At Buying Montnets Cloud Technology Group Co., Ltd. (SZSE:002123)?

Mar 21
Is Now The Time To Look At Buying Montnets Cloud Technology Group Co., Ltd. (SZSE:002123)?

Montnets Cloud Technology Group Co., Ltd.'s (SZSE:002123) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Mar 04
Montnets Cloud Technology Group Co., Ltd.'s (SZSE:002123) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Here's Why Montnets Cloud Technology Group (SZSE:002123) Can Afford Some Debt

Feb 27
Here's Why Montnets Cloud Technology Group (SZSE:002123) Can Afford Some Debt

Financial Position Analysis

Short Term Liabilities: 002123's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.9B).

Long Term Liabilities: 002123's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥208.9M).


Debt to Equity History and Analysis

Debt Level: 002123's net debt to equity ratio (21.9%) is considered satisfactory.

Reducing Debt: 002123's debt to equity ratio has increased from 16.8% to 77.3% 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 002123 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 002123 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 34% per year.


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