Founder Technology GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Founder Technology GroupLtd has a total shareholder equity of CN¥4.1B and total debt of CN¥621.0M, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are CN¥6.4B and CN¥2.3B respectively. Founder Technology GroupLtd's EBIT is CN¥233.7M making its interest coverage ratio -35.5. It has cash and short-term investments of CN¥1.2B.
Key information
15.3%
Debt to equity ratio
CN¥621.05m
Debt
| Interest coverage ratio | -35.5x |
| Cash | CN¥1.21b |
| Equity | CN¥4.06b |
| Total liabilities | CN¥2.31b |
| Total assets | CN¥6.37b |
Recent financial health updates
Founder Technology GroupLtd (SHSE:600601) Has A Pretty Healthy Balance Sheet
Aug 19
We Think Founder Technology GroupLtd (SHSE:600601) Can Stay On Top Of Its Debt
Apr 26Recent updates
Returns Are Gaining Momentum At Founder Technology GroupLtd (SHSE:600601)
Dec 13Founder Technology GroupLtd (SHSE:600601) Strong Profits May Be Masking Some Underlying Issues
Oct 31There's Reason For Concern Over Founder Technology Group Co.,Ltd.'s (SHSE:600601) Massive 36% Price Jump
Oct 08Returns On Capital Are Showing Encouraging Signs At Founder Technology GroupLtd (SHSE:600601)
Sep 10Founder Technology GroupLtd (SHSE:600601) Has A Pretty Healthy Balance Sheet
Aug 19Founder Technology Group Co.,Ltd.'s (SHSE:600601) 49% Price Boost Is Out Of Tune With Revenues
Jul 12Founder Technology GroupLtd (SHSE:600601) Is Looking To Continue Growing Its Returns On Capital
Jun 10We Think Founder Technology GroupLtd (SHSE:600601) Can Stay On Top Of Its Debt
Apr 26Founder Technology GroupLtd (SHSE:600601) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Apr 05Subdued Growth No Barrier To Founder Technology Group Co.,Ltd. (SHSE:600601) With Shares Advancing 32%
Mar 06Financial Position Analysis
Short Term Liabilities: 600601's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 600601's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥720.5M).
Debt to Equity History and Analysis
Debt Level: 600601 has more cash than its total debt.
Reducing Debt: 600601's debt to equity ratio has reduced from 87% to 15.3% over the past 5 years.
Debt Coverage: 600601's debt is well covered by operating cash flow (76.7%).
Interest Coverage: 600601 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 08:10 |
| 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 |
| |
| 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
Founder Technology Group Co.,Ltd. is covered by 1 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 |
|---|---|
| Guoping Jiang | Everbright Securities Co. Ltd. |