TRS Information Technology Co., Ltd.

SZSE:300229 Stock Report

Market Cap: CN¥16.1b

TRS Information Technology Balance Sheet Health

Financial Health criteria checks 5/6

TRS Information Technology has a total shareholder equity of CN¥3.4B and total debt of CN¥27.0M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥3.7B and CN¥318.8M respectively. TRS Information Technology's EBIT is CN¥28.0M making its interest coverage ratio -2.6. It has cash and short-term investments of CN¥510.5M.

Key information

0.8%

Debt to equity ratio

CN¥26.97m

Debt

Interest coverage ratio-2.6x
CashCN¥510.51m
EquityCN¥3.37b
Total liabilitiesCN¥318.85m
Total assetsCN¥3.69b

Recent financial health updates

Is TRS Information Technology (SZSE:300229) A Risky Investment?

Sep 25
Is TRS Information Technology (SZSE:300229) A Risky Investment?

These 4 Measures Indicate That TRS Information Technology (SZSE:300229) Is Using Debt Extensively

Jun 09
These 4 Measures Indicate That TRS Information Technology (SZSE:300229) Is Using Debt Extensively

Recent updates

There's Reason For Concern Over TRS Information Technology Co., Ltd.'s (SZSE:300229) Massive 31% Price Jump

Dec 09
There's Reason For Concern Over TRS Information Technology Co., Ltd.'s (SZSE:300229) Massive 31% Price Jump

We Think You Should Be Aware Of Some Concerning Factors In TRS Information Technology's (SZSE:300229) Earnings

Nov 05
We Think You Should Be Aware Of Some Concerning Factors In TRS Information Technology's (SZSE:300229) Earnings

TRS Information Technology Co., Ltd.'s (SZSE:300229) 44% Price Boost Is Out Of Tune With Revenues

Sep 30
TRS Information Technology Co., Ltd.'s (SZSE:300229) 44% Price Boost Is Out Of Tune With Revenues

Is TRS Information Technology (SZSE:300229) A Risky Investment?

Sep 25
Is TRS Information Technology (SZSE:300229) A Risky Investment?

TRS Information Technology (SZSE:300229) Will Want To Turn Around Its Return Trends

Aug 08
TRS Information Technology (SZSE:300229) Will Want To Turn Around Its Return Trends

What You Can Learn From TRS Information Technology Co., Ltd.'s (SZSE:300229) P/S

Jul 19
What You Can Learn From TRS Information Technology Co., Ltd.'s (SZSE:300229) P/S

These 4 Measures Indicate That TRS Information Technology (SZSE:300229) Is Using Debt Extensively

Jun 09
These 4 Measures Indicate That TRS Information Technology (SZSE:300229) Is Using Debt Extensively

We Think That There Are More Issues For TRS Information Technology (SZSE:300229) Than Just Sluggish Earnings

Apr 17
We Think That There Are More Issues For TRS Information Technology (SZSE:300229) Than Just Sluggish Earnings

Investors Appear Satisfied With TRS Information Technology Co., Ltd.'s (SZSE:300229) Prospects As Shares Rocket 34%

Mar 01
Investors Appear Satisfied With TRS Information Technology Co., Ltd.'s (SZSE:300229) Prospects As Shares Rocket 34%

TRS Information Technology (SZSE:300229) Will Be Hoping To Turn Its Returns On Capital Around

Feb 27
TRS Information Technology (SZSE:300229) Will Be Hoping To Turn Its Returns On Capital Around

Financial Position Analysis

Short Term Liabilities: 300229's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥306.2M).

Long Term Liabilities: 300229's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥12.7M).

Debt to Equity History and Analysis

Debt Level: 300229 has more cash than its total debt.

Reducing Debt: 300229's debt to equity ratio has increased from 0% to 0.8% over the past 5 years.

Debt Coverage: 300229's debt is well covered by operating cash flow (237.4%).

Interest Coverage: 300229 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 23:34
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

TRS Information Technology Co., Ltd. is covered by 11 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yan Jing WuBOCI Research Ltd.
Yan Jing WuChina Galaxy Securities Co., Ltd.
Xinfeng ZhangCitic Securities Co., Ltd.