Beijing Tongtech Co., Ltd.

SZSE:300379 Stock Report

Market Cap: CN¥10.6b

Beijing Tongtech Balance Sheet Health

Financial Health criteria checks 6/6

Beijing Tongtech has a total shareholder equity of CN¥3.5B and total debt of CN¥195.7M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are CN¥4.0B and CN¥494.2M respectively.

Key information

5.6%

Debt to equity ratio

CN¥195.68m

Debt

Interest coverage ration/a
CashCN¥1.74b
EquityCN¥3.50b
Total liabilitiesCN¥494.25m
Total assetsCN¥3.99b

Recent financial health updates

Recent updates

Beijing Tongtech Co., Ltd.'s (SZSE:300379) 34% Share Price Surge Not Quite Adding Up

Nov 11
Beijing Tongtech Co., Ltd.'s (SZSE:300379) 34% Share Price Surge Not Quite Adding Up

Beijing Tongtech Co., Ltd.'s (SZSE:300379) Shares Climb 27% But Its Business Is Yet to Catch Up

Sep 03
Beijing Tongtech Co., Ltd.'s (SZSE:300379) Shares Climb 27% But Its Business Is Yet to Catch Up

Is Beijing Tongtech (SZSE:300379) Weighed On By Its Debt Load?

Jul 22
Is Beijing Tongtech (SZSE:300379) Weighed On By Its Debt Load?

The Price Is Right For Beijing Tongtech Co., Ltd. (SZSE:300379) Even After Diving 27%

Apr 13
The Price Is Right For Beijing Tongtech Co., Ltd. (SZSE:300379) Even After Diving 27%

Is Beijing Tongtech (SZSE:300379) Weighed On By Its Debt Load?

Feb 28
Is Beijing Tongtech (SZSE:300379) Weighed On By Its Debt Load?

Financial Position Analysis

Short Term Liabilities: 300379's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥444.7M).

Long Term Liabilities: 300379's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥49.5M).


Debt to Equity History and Analysis

Debt Level: 300379 has more cash than its total debt.

Reducing Debt: 300379's debt to equity ratio has reduced from 9.5% to 5.6% 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: 300379 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 300379 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 46% each year


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