Merit InteractiveLtd Balance Sheet Health
Financial Health criteria checks 3/6
Merit InteractiveLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥2.0M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥1.8B and CN¥176.3M respectively.
Key information
0.1%
Debt to equity ratio
CN¥2.03m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥454.29m |
| Equity | CN¥1.63b |
| Total liabilities | CN¥176.25m |
| Total assets | CN¥1.80b |
Recent financial health updates
Recent updates
Merit Interactive Co.,Ltd.'s (SZSE:300766) Shares Climb 47% But Its Business Is Yet to Catch Up
Oct 20
More Unpleasant Surprises Could Be In Store For Merit Interactive Co.,Ltd.'s (SZSE:300766) Shares After Tumbling 27%
Apr 16Merit Interactive Co.,Ltd. (SZSE:300766) Stock Rockets 34% As Investors Are Less Pessimistic Than Expected
Mar 01Merit InteractiveLtd (SZSE:300766) Has Debt But No Earnings; Should You Worry?
Feb 29Financial Position Analysis
Short Term Liabilities: 300766's short term assets (CN¥677.8M) exceed its short term liabilities (CN¥166.3M).
Long Term Liabilities: 300766's short term assets (CN¥677.8M) exceed its long term liabilities (CN¥9.9M).
Debt to Equity History and Analysis
Debt Level: 300766 has more cash than its total debt.
Reducing Debt: 300766's debt to equity ratio has increased from 0% to 0.1% over the past 5 years.
Debt Coverage: 300766's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300766's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 05:48 |
| End of Day Share Price | 2024/12/24 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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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
Merit Interactive Co.,Ltd. is covered by 2 analysts. 0 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 |
|---|---|
| Wanbei Ding | Industrial Securities Co. Ltd. |
| Rong Kong | Tianfeng Securities Brokerage Co., Ltd |