Leascend Technology Balance Sheet Health
Financial Health criteria checks 0/6
Leascend Technology has a total shareholder equity of CN¥866.7M and total debt of CN¥643.1M, which brings its debt-to-equity ratio to 74.2%. Its total assets and total liabilities are CN¥3.2B and CN¥2.4B respectively.
Key information
74.2%
Debt to equity ratio
CN¥643.05m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥94.72m |
| Equity | CN¥866.74m |
| Total liabilities | CN¥2.37b |
| Total assets | CN¥3.23b |
Recent financial health updates
No updates
Recent updates
Market Participants Recognise Leascend Technology Co., Ltd's (SZSE:300051) Revenues Pushing Shares 26% Higher
Nov 11
Subdued Growth No Barrier To Leascend Technology Co., Ltd (SZSE:300051) With Shares Advancing 29%
Sep 27Leascend Technology Co., Ltd's (SZSE:300051) 52% Jump Shows Its Popularity With Investors
Mar 09Financial Position Analysis
Short Term Liabilities: 300051's short term assets (CN¥440.2M) do not cover its short term liabilities (CN¥1.4B).
Long Term Liabilities: 300051's short term assets (CN¥440.2M) do not cover its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 300051's net debt to equity ratio (63.3%) is considered high.
Reducing Debt: 300051's debt to equity ratio has increased from 60.3% to 74.2% 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: 300051 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 300051 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 74.9% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 18:17 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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
Leascend Technology Co., Ltd is covered by 4 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 |
|---|---|
| Cheng Zhao | Founder Securities Co., Ltd. |
| Haiqing Tang | Industrial Securities Co. Ltd. |
| Xiaoya Sun | Tianfeng Securities Brokerage Co., Ltd |