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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 00:16 |
| End of Day Share Price | 2024/12/20 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
Beijing Sinnet Technology Co.,Ltd is covered by 29 analysts. 11 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 |
|---|---|
| Paul Robert Dewberry | BofA Global Research |
| Hai Ning Yu | Changjiang Securities Co. LTD. |
| Hongwei Huang | Chasing Securities |