Beijing Sinnet TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Sinnet TechnologyLtd has a total shareholder equity of CN¥13.2B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are CN¥19.2B and CN¥5.9B respectively. Beijing Sinnet TechnologyLtd's EBIT is CN¥566.6M making its interest coverage ratio 6.3. It has cash and short-term investments of CN¥1.6B.
Key information
26.6%
Debt to equity ratio
CN¥3.52b
Debt
| Interest coverage ratio | 6.3x |
| Cash | CN¥1.61b |
| Equity | CN¥13.24b |
| Total liabilities | CN¥5.93b |
| Total assets | CN¥19.17b |
Recent financial health updates
Does Beijing Sinnet TechnologyLtd (SZSE:300383) Have A Healthy Balance Sheet?
Oct 21
Does Beijing Sinnet TechnologyLtd (SZSE:300383) Have A Healthy Balance Sheet?
Jul 12Beijing Sinnet TechnologyLtd (SZSE:300383) Has A Somewhat Strained Balance Sheet
Mar 23Recent updates
Beijing Sinnet Technology Co.,Ltd (SZSE:300383) Held Back By Insufficient Growth Even After Shares Climb 29%
Nov 12Does Beijing Sinnet TechnologyLtd (SZSE:300383) Have A Healthy Balance Sheet?
Oct 21Does This Valuation Of Beijing Sinnet Technology Co.,Ltd (SZSE:300383) Imply Investors Are Overpaying?
Oct 06Beijing Sinnet Technology Co.,Ltd's (SZSE:300383) Business And Shares Still Trailing The Industry
Sep 20There Are Reasons To Feel Uneasy About Beijing Sinnet TechnologyLtd's (SZSE:300383) Returns On Capital
Aug 19Does Beijing Sinnet TechnologyLtd (SZSE:300383) Have A Healthy Balance Sheet?
Jul 12Beijing Sinnet Technology Co.,Ltd's (SZSE:300383) Intrinsic Value Is Potentially 18% Below Its Share Price
Jun 10Beijing Sinnet Technology Co.,Ltd (SZSE:300383) Just Released Its First-Quarter Earnings: Here's What Analysts Think
Apr 26Beijing Sinnet TechnologyLtd (SZSE:300383) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 05Earnings Miss: Beijing Sinnet Technology Co.,Ltd Missed EPS By 15% And Analysts Are Revising Their Forecasts
Apr 02Beijing Sinnet TechnologyLtd (SZSE:300383) Has A Somewhat Strained Balance Sheet
Mar 23Improved Revenues Required Before Beijing Sinnet Technology Co.,Ltd (SZSE:300383) Stock's 30% Jump Looks Justified
Mar 04There Are Reasons To Feel Uneasy About Beijing Sinnet TechnologyLtd's (SZSE:300383) Returns On Capital
Mar 01Financial Position Analysis
Short Term Liabilities: 300383's short term assets (CN¥5.5B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 300383's short term assets (CN¥5.5B) exceed its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: 300383's net debt to equity ratio (14.5%) is considered satisfactory.
Reducing Debt: 300383's debt to equity ratio has increased from 22.7% to 26.6% over the past 5 years.
Debt Coverage: 300383's debt is well covered by operating cash flow (40.1%).
Interest Coverage: 300383's interest payments on its debt are well covered by EBIT (6.3x coverage).