Fujian Star-net Communication Balance Sheet Health
Financial Health criteria checks 4/6
Fujian Star-net Communication has a total shareholder equity of CN¥9.3B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are CN¥16.1B and CN¥6.8B respectively. Fujian Star-net Communication's EBIT is CN¥379.6M making its interest coverage ratio -6.8. It has cash and short-term investments of CN¥3.0B.
Key information
17.3%
Debt to equity ratio
CN¥1.62b
Debt
| Interest coverage ratio | -6.8x |
| Cash | CN¥3.05b |
| Equity | CN¥9.32b |
| Total liabilities | CN¥6.82b |
| Total assets | CN¥16.15b |
Recent financial health updates
These 4 Measures Indicate That Fujian Star-net Communication (SZSE:002396) Is Using Debt Reasonably Well
Sep 25
These 4 Measures Indicate That Fujian Star-net Communication (SZSE:002396) Is Using Debt Reasonably Well
Apr 23Recent updates
Fujian Star-net Communication (SZSE:002396) Will Want To Turn Around Its Return Trends
Nov 20A Piece Of The Puzzle Missing From Fujian Star-net Communication Co., LTD.'s (SZSE:002396) Share Price
Oct 16These 4 Measures Indicate That Fujian Star-net Communication (SZSE:002396) Is Using Debt Reasonably Well
Sep 25Fujian Star-net Communication Co., LTD. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Aug 25Sentiment Still Eluding Fujian Star-net Communication Co., LTD. (SZSE:002396)
Jun 25Fujian Star-net Communication's (SZSE:002396) Weak Earnings Might Be Worse Than They Appear
May 02These 4 Measures Indicate That Fujian Star-net Communication (SZSE:002396) Is Using Debt Reasonably Well
Apr 23Here's What's Concerning About Fujian Star-net Communication's (SZSE:002396) Returns On Capital
Mar 26Fujian Star-net Communication Co., LTD. (SZSE:002396) Soars 26% But It's A Story Of Risk Vs Reward
Mar 04Financial Position Analysis
Short Term Liabilities: 002396's short term assets (CN¥11.4B) exceed its short term liabilities (CN¥6.6B).
Long Term Liabilities: 002396's short term assets (CN¥11.4B) exceed its long term liabilities (CN¥273.5M).
Debt to Equity History and Analysis
Debt Level: 002396 has more cash than its total debt.
Reducing Debt: 002396's debt to equity ratio has increased from 0.5% to 17.3% over the past 5 years.
Debt Coverage: 002396's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: 002396 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 | 2024/12/20 20:37 |
| 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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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
Fujian Star-net Communication Co., LTD. is covered by 20 analysts. 4 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 |
|---|---|
| Youwen Wu | BOCI Research Ltd. |
| Lu Hu | Changjiang Securities Co. LTD. |
| Hongwei Huang | Chasing Securities |