Glarun TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Glarun TechnologyLtd has a total shareholder equity of CN¥5.8B and total debt of CN¥55.9M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are CN¥8.7B and CN¥2.9B respectively. Glarun TechnologyLtd's EBIT is CN¥633.1M making its interest coverage ratio -24.7. It has cash and short-term investments of CN¥667.1M.
Key information
1.0%
Debt to equity ratio
CN¥55.89m
Debt
| Interest coverage ratio | -24.7x |
| Cash | CN¥667.05m |
| Equity | CN¥5.76b |
| Total liabilities | CN¥2.93b |
| Total assets | CN¥8.69b |
Recent financial health updates
Is Glarun TechnologyLtd (SHSE:600562) Using Too Much Debt?
Oct 16
We Think Glarun TechnologyLtd (SHSE:600562) Can Stay On Top Of Its Debt
May 22Recent updates
After Leaping 26% Glarun Technology Co.,Ltd (SHSE:600562) Shares Are Not Flying Under The Radar
Nov 08Is Glarun TechnologyLtd (SHSE:600562) Using Too Much Debt?
Oct 16Glarun Technology Co.,Ltd's (SHSE:600562) Earnings Haven't Escaped The Attention Of Investors
Sep 24Returns On Capital Are Showing Encouraging Signs At Glarun TechnologyLtd (SHSE:600562)
Aug 07Getting In Cheap On Glarun Technology Co.,Ltd (SHSE:600562) Is Unlikely
Jun 18We Think Glarun TechnologyLtd (SHSE:600562) Can Stay On Top Of Its Debt
May 22Returns Are Gaining Momentum At Glarun TechnologyLtd (SHSE:600562)
Mar 21Glarun Technology Co.,Ltd's (SHSE:600562) Popularity With Investors Is Under Threat From Overpricing
Mar 01Financial Position Analysis
Short Term Liabilities: 600562's short term assets (CN¥7.5B) exceed its short term liabilities (CN¥2.9B).
Long Term Liabilities: 600562's short term assets (CN¥7.5B) exceed its long term liabilities (CN¥66.1M).
Debt to Equity History and Analysis
Debt Level: 600562 has more cash than its total debt.
Reducing Debt: 600562's debt to equity ratio has increased from 0% to 1% over the past 5 years.
Debt Coverage: 600562's debt is well covered by operating cash flow (87.3%).
Interest Coverage: 600562 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 18:21 |
| End of Day Share Price | 2024/12/23 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
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
Glarun Technology Co.,Ltd is covered by 11 analysts. 5 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 |
|---|---|
| Jun Yu | China Merchants Securities Co. Ltd. |
| Chenshuo Fu | Citic Securities Co., Ltd. |
| Nick Zheng | Deutsche Bank |