Bringspring Science and Technology Balance Sheet Health
Financial Health criteria checks 5/6
Bringspring Science and Technology has a total shareholder equity of CN¥892.9M and total debt of CN¥33.0M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are CN¥1.5B and CN¥571.4M respectively. Bringspring Science and Technology's EBIT is CN¥14.9M making its interest coverage ratio 61.5. It has cash and short-term investments of CN¥146.5M.
Key information
3.7%
Debt to equity ratio
CN¥32.99m
Debt
| Interest coverage ratio | 61.5x |
| Cash | CN¥146.50m |
| Equity | CN¥892.90m |
| Total liabilities | CN¥571.35m |
| Total assets | CN¥1.46b |
Recent financial health updates
Here's Why Bringspring Science and Technology (SZSE:300290) Can Manage Its Debt Responsibly
Sep 26
Is Bringspring Science and Technology (SZSE:300290) Using Too Much Debt?
May 21Recent updates
Some Bringspring Science and Technology Co., Ltd. (SZSE:300290) Shareholders Look For Exit As Shares Take 25% Pounding
Dec 09Bringspring Science and Technology's (SZSE:300290) Promising Earnings May Rest On Soft Foundations
Nov 01There's Reason For Concern Over Bringspring Science and Technology Co., Ltd.'s (SZSE:300290) Massive 51% Price Jump
Oct 07Here's Why Bringspring Science and Technology (SZSE:300290) Can Manage Its Debt Responsibly
Sep 26More Unpleasant Surprises Could Be In Store For Bringspring Science and Technology Co., Ltd.'s (SZSE:300290) Shares After Tumbling 26%
Aug 22Bringspring Science and Technology (SZSE:300290) Is Experiencing Growth In Returns On Capital
Jul 23Revenues Not Telling The Story For Bringspring Science and Technology Co., Ltd. (SZSE:300290) After Shares Rise 27%
Jun 07Is Bringspring Science and Technology (SZSE:300290) Using Too Much Debt?
May 21Bringspring Science and Technology Co., Ltd.'s (SZSE:300290) Popularity With Investors Under Threat As Stock Sinks 31%
Apr 21Bringspring Science and Technology Co., Ltd.'s (SZSE:300290) Business Is Trailing The Industry But Its Shares Aren't
Feb 29Financial Position Analysis
Short Term Liabilities: 300290's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥540.0M).
Long Term Liabilities: 300290's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥31.3M).
Debt to Equity History and Analysis
Debt Level: 300290 has more cash than its total debt.
Reducing Debt: 300290's debt to equity ratio has reduced from 15.7% to 3.7% over the past 5 years.
Debt Coverage: 300290's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300290's interest payments on its debt are well covered by EBIT (61.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 18:39 |
| End of Day Share Price | 2025/01/02 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 |
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| 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
Bringspring Science and Technology Co., Ltd. is covered by 6 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 |
|---|---|
| Xianwen Ma | Changjiang Securities Co. LTD. |
| Xiaoyan Wang | China Minzu Securities |
| Junyi Pu | Everbright Securities Co. Ltd. |