Hefei Gocom Information TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hefei Gocom Information TechnologyLtd has a total shareholder equity of CN¥587.0M and total debt of CN¥9.0M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are CN¥768.3M and CN¥181.3M respectively. Hefei Gocom Information TechnologyLtd's EBIT is CN¥25.6M making its interest coverage ratio -10.4. It has cash and short-term investments of CN¥232.9M.
Key information
1.5%
Debt to equity ratio
CN¥9.01m
Debt
| Interest coverage ratio | -10.4x |
| Cash | CN¥232.90m |
| Equity | CN¥586.98m |
| Total liabilities | CN¥181.34m |
| Total assets | CN¥768.33m |
Recent financial health updates
No updates
Recent updates
Why Hefei Gocom Information TechnologyLtd's (SHSE:688367) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 04
Earnings Not Telling The Story For Hefei Gocom Information Technology Co.,Ltd. (SHSE:688367) After Shares Rise 38%
Oct 08Capital Allocation Trends At Hefei Gocom Information TechnologyLtd (SHSE:688367) Aren't Ideal
Apr 15Optimistic Investors Push Hefei Gocom Information Technology Co.,Ltd. (SHSE:688367) Shares Up 33% But Growth Is Lacking
Mar 08Financial Position Analysis
Short Term Liabilities: 688367's short term assets (CN¥602.1M) exceed its short term liabilities (CN¥163.9M).
Long Term Liabilities: 688367's short term assets (CN¥602.1M) exceed its long term liabilities (CN¥17.5M).
Debt to Equity History and Analysis
Debt Level: 688367 has more cash than its total debt.
Reducing Debt: 688367's debt to equity ratio has increased from 0% to 1.5% over the past 5 years.
Debt Coverage: 688367's debt is well covered by operating cash flow (683.6%).
Interest Coverage: 688367 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 | 2025/02/02 06:26 |
| End of Day Share Price | 2025/01/27 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
Hefei Gocom Information Technology 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 |
|---|---|
| Chunyang Wu | Everbright Securities Co. Ltd. |