Genew TechnologiesLtd Balance Sheet Health
Financial Health criteria checks 5/6
Genew TechnologiesLtd has a total shareholder equity of CN¥914.4M and total debt of CN¥263.7M, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are CN¥1.7B and CN¥825.4M respectively.
Key information
28.8%
Debt to equity ratio
CN¥263.71m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥114.27m |
| Equity | CN¥914.39m |
| Total liabilities | CN¥825.45m |
| Total assets | CN¥1.74b |
Recent financial health updates
Recent updates
Market Might Still Lack Some Conviction On Genew Technologies Co.,Ltd. (SHSE:688418) Even After 51% Share Price Boost
Oct 08
Genew TechnologiesLtd (SHSE:688418) Is Carrying A Fair Bit Of Debt
Oct 01Take Care Before Jumping Onto Genew Technologies Co.,Ltd. (SHSE:688418) Even Though It's 27% Cheaper
Apr 21Genew Technologies Co.,Ltd. (SHSE:688418) Soars 34% But It's A Story Of Risk Vs Reward
Mar 04Financial Position Analysis
Short Term Liabilities: 688418's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥778.6M).
Long Term Liabilities: 688418's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥46.8M).
Debt to Equity History and Analysis
Debt Level: 688418's net debt to equity ratio (16.3%) is considered satisfactory.
Reducing Debt: 688418's debt to equity ratio has increased from 22% to 28.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 688418 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 688418 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 5% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 10:14 |
| 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 |
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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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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
Genew Technologies Co.,Ltd. is covered by 1 analysts. 1 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 |
|---|---|
| Tianyi Ma | Minsheng Securities Co. |