Fujian Rongji Software Co., Ltd.

SZSE:002474 Stock Report

Market Cap: CN¥3.9b

Fujian Rongji Software Balance Sheet Health

Financial Health criteria checks 3/6

Fujian Rongji Software has a total shareholder equity of CN¥1.5B and total debt of CN¥589.4M, which brings its debt-to-equity ratio to 40.2%. Its total assets and total liabilities are CN¥2.6B and CN¥1.1B respectively.

Key information

40.2%

Debt to equity ratio

CN¥589.39m

Debt

Interest coverage ration/a
CashCN¥189.73m
EquityCN¥1.47b
Total liabilitiesCN¥1.10b
Total assetsCN¥2.56b

Recent financial health updates

No updates

Recent updates

Fujian Rongji Software Co., Ltd.'s (SZSE:002474) 37% Price Boost Is Out Of Tune With Revenues

Nov 11
Fujian Rongji Software Co., Ltd.'s (SZSE:002474) 37% Price Boost Is Out Of Tune With Revenues

What Fujian Rongji Software Co., Ltd.'s (SZSE:002474) 27% Share Price Gain Is Not Telling You

Sep 26
What Fujian Rongji Software Co., Ltd.'s (SZSE:002474) 27% Share Price Gain Is Not Telling You

Fujian Rongji Software Co., Ltd.'s (SZSE:002474) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Apr 22
Fujian Rongji Software Co., Ltd.'s (SZSE:002474) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

What Fujian Rongji Software Co., Ltd.'s (SZSE:002474) 37% Share Price Gain Is Not Telling You

Mar 08
What Fujian Rongji Software Co., Ltd.'s (SZSE:002474) 37% Share Price Gain Is Not Telling You

Financial Position Analysis

Short Term Liabilities: 002474's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥998.2M).

Long Term Liabilities: 002474's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥99.2M).


Debt to Equity History and Analysis

Debt Level: 002474's net debt to equity ratio (27.2%) is considered satisfactory.

Reducing Debt: 002474's debt to equity ratio has increased from 32% to 40.2% over the past 5 years.

Debt Coverage: 002474's debt is not well covered by operating cash flow (18%).

Interest Coverage: Insufficient data to determine if 002474's interest payments on its debt are well covered by EBIT.


Balance Sheet


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