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¥3.4B, which brings its debt-to-equity ratio to 25.5%. Its total assets and total liabilities are CN¥19.1B and CN¥5.9B respectively. Beijing Sinnet TechnologyLtd's EBIT is CN¥613.2M making its interest coverage ratio 6.2. It has cash and short-term investments of CN¥2.7B.
Key information
25.5%
Debt to equity ratio
CN¥3.37b
Debt
| Interest coverage ratio | 6.2x |
| Cash | CN¥2.73b |
| Equity | CN¥13.22b |
| Total liabilities | CN¥5.85b |
| Total assets | CN¥19.07b |
Recent financial health updates
Recent updates
Beijing Sinnet Technology Co.,Ltd (SZSE:300383) Just Released Its First-Quarter Earnings: Here's What Analysts Think
Apr 26
Beijing 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¥6.1B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 300383's short term assets (CN¥6.1B) exceed its long term liabilities (CN¥2.4B).
Debt to Equity History and Analysis
Debt Level: 300383's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: 300383's debt to equity ratio has increased from 20.5% to 25.5% over the past 5 years.
Debt Coverage: 300383's debt is well covered by operating cash flow (45.8%).
Interest Coverage: 300383's interest payments on its debt are well covered by EBIT (6.2x coverage).