Beijing Trust&Far TechnologyLTD Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Trust&Far TechnologyLTD has a total shareholder equity of CN¥1.6B and total debt of CN¥879.2M, which brings its debt-to-equity ratio to 55.8%. Its total assets and total liabilities are CN¥2.8B and CN¥1.2B respectively. Beijing Trust&Far TechnologyLTD's EBIT is CN¥77.4M making its interest coverage ratio 3.9. It has cash and short-term investments of CN¥330.6M.
Key information
55.8%
Debt to equity ratio
CN¥879.21m
Debt
| Interest coverage ratio | 3.9x |
| Cash | CN¥330.56m |
| Equity | CN¥1.58b |
| Total liabilities | CN¥1.21b |
| Total assets | CN¥2.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300231's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥829.6M).
Long Term Liabilities: 300231's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥382.8M).
Debt to Equity History and Analysis
Debt Level: 300231's net debt to equity ratio (34.8%) is considered satisfactory.
Reducing Debt: 300231's debt to equity ratio has reduced from 71.1% to 55.8% over the past 5 years.
Debt Coverage: 300231's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: 300231's interest payments on its debt are well covered by EBIT (3.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 09:04 |
| End of Day Share Price | 2024/12/25 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
Beijing Trust&Far Technology CO.,LTD is covered by 6 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 |
|---|---|
| Xianwen Ma | Changjiang Securities Co. LTD. |
| Zejing Liu | China Merchants Securities Co. Ltd. |
| Jian Fu | Everbright Securities Co. Ltd. |