Richinfo Technology Co., Ltd.

SZSE:300634 Stock Report

Market Cap: CN¥9.2b

Richinfo Technology Balance Sheet Health

Financial Health criteria checks 6/6

Richinfo Technology has a total shareholder equity of CN¥2.7B and total debt of CN¥114.9M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are CN¥3.4B and CN¥656.9M respectively. Richinfo Technology's EBIT is CN¥174.2M making its interest coverage ratio -4.7. It has cash and short-term investments of CN¥1.1B.

Key information

4.2%

Debt to equity ratio

CN¥114.85m

Debt

Interest coverage ratio-4.7x
CashCN¥1.12b
EquityCN¥2.73b
Total liabilitiesCN¥656.94m
Total assetsCN¥3.38b

Recent financial health updates

Does Richinfo Technology (SZSE:300634) Have A Healthy Balance Sheet?

Dec 17
Does Richinfo Technology (SZSE:300634) Have A Healthy Balance Sheet?

Recent updates

What You Can Learn From Richinfo Technology Co., Ltd.'s (SZSE:300634) P/E After Its 27% Share Price Crash

Jan 10
What You Can Learn From Richinfo Technology Co., Ltd.'s (SZSE:300634) P/E After Its 27% Share Price Crash

Does Richinfo Technology (SZSE:300634) Have A Healthy Balance Sheet?

Dec 17
Does Richinfo Technology (SZSE:300634) Have A Healthy Balance Sheet?

Investors Appear Satisfied With Richinfo Technology Co., Ltd.'s (SZSE:300634) Prospects As Shares Rocket 28%

Nov 15
Investors Appear Satisfied With Richinfo Technology Co., Ltd.'s (SZSE:300634) Prospects As Shares Rocket 28%

Investors Appear Satisfied With Richinfo Technology Co., Ltd.'s (SZSE:300634) Prospects As Shares Rocket 28%

Sep 27
Investors Appear Satisfied With Richinfo Technology Co., Ltd.'s (SZSE:300634) Prospects As Shares Rocket 28%

Analysts Just Shaved Their Richinfo Technology Co., Ltd. (SZSE:300634) Forecasts Dramatically

Aug 18
Analysts Just Shaved Their Richinfo Technology Co., Ltd. (SZSE:300634) Forecasts Dramatically

Some Investors May Be Worried About Richinfo Technology's (SZSE:300634) Returns On Capital

Aug 01
Some Investors May Be Worried About Richinfo Technology's (SZSE:300634) Returns On Capital

Does Richinfo Technology (SZSE:300634) Deserve A Spot On Your Watchlist?

May 25
Does Richinfo Technology (SZSE:300634) Deserve A Spot On Your Watchlist?

Investors Shouldn't Be Too Comfortable With Richinfo Technology's (SZSE:300634) Earnings

Apr 22
Investors Shouldn't Be Too Comfortable With Richinfo Technology's (SZSE:300634) Earnings

Richinfo Technology (SZSE:300634) Is Reinvesting At Lower Rates Of Return

Mar 20
Richinfo Technology (SZSE:300634) Is Reinvesting At Lower Rates Of Return

Improved Earnings Required Before Richinfo Technology Co., Ltd. (SZSE:300634) Stock's 27% Jump Looks Justified

Mar 04
Improved Earnings Required Before Richinfo Technology Co., Ltd. (SZSE:300634) Stock's 27% Jump Looks Justified

Financial Position Analysis

Short Term Liabilities: 300634's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥642.1M).

Long Term Liabilities: 300634's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥14.8M).

Debt to Equity History and Analysis

Debt Level: 300634 has more cash than its total debt.

Reducing Debt: 300634's debt to equity ratio has reduced from 7.4% to 4.2% over the past 5 years.

Debt Coverage: 300634's debt is well covered by operating cash flow (64.7%).

Interest Coverage: 300634 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/17 19:20
End of Day Share Price 2025/01/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Richinfo Technology Co., Ltd. is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yan Jing WuChina Galaxy Securities Co., Ltd.
Yuping LiuChina Merchants Securities Co. Ltd.
Zeyuan YangCitic Securities Co., Ltd.