Shenzhen Chuangyitong TechnologyLtd Balance Sheet Health
Financial Health criteria checks 1/6
Shenzhen Chuangyitong TechnologyLtd has a total shareholder equity of CN¥641.1M and total debt of CN¥435.6M, which brings its debt-to-equity ratio to 67.9%. Its total assets and total liabilities are CN¥1.4B and CN¥714.5M respectively. Shenzhen Chuangyitong TechnologyLtd's EBIT is CN¥31.8M making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥111.7M.
Key information
67.9%
Debt to equity ratio
CN¥435.62m
Debt
| Interest coverage ratio | 2.1x |
| Cash | CN¥111.68m |
| Equity | CN¥641.10m |
| Total liabilities | CN¥714.48m |
| Total assets | CN¥1.36b |
Recent financial health updates
No updates
Recent updates
Shenzhen Chuangyitong Technology Co.,Ltd.'s (SZSE:300991) 27% Share Price Surge Not Quite Adding Up
Dec 26
Subdued Growth No Barrier To Shenzhen Chuangyitong Technology Co.,Ltd. (SZSE:300991) With Shares Advancing 44%
Oct 09Here's What's Concerning About Shenzhen Chuangyitong TechnologyLtd's (SZSE:300991) Returns On Capital
Sep 28Shenzhen Chuangyitong Technology Co.,Ltd.'s (SZSE:300991) Popularity With Investors Under Threat As Stock Sinks 28%
Aug 12Optimistic Investors Push Shenzhen Chuangyitong Technology Co.,Ltd. (SZSE:300991) Shares Up 25% But Growth Is Lacking
Jun 12The Returns On Capital At Shenzhen Chuangyitong TechnologyLtd (SZSE:300991) Don't Inspire Confidence
May 22Shenzhen Chuangyitong Technology Co.,Ltd. (SZSE:300991) May Have Run Too Fast Too Soon With Recent 27% Price Plummet
Apr 22The Strong Earnings Posted By Shenzhen Chuangyitong TechnologyLtd (SZSE:300991) Are A Good Indication Of The Strength Of The Business
Apr 15Shenzhen Chuangyitong Technology Co.,Ltd.'s (SZSE:300991) Price Is Out Of Tune With Revenues
Feb 27Financial Position Analysis
Short Term Liabilities: 300991's short term assets (CN¥505.9M) do not cover its short term liabilities (CN¥566.1M).
Long Term Liabilities: 300991's short term assets (CN¥505.9M) exceed its long term liabilities (CN¥148.4M).
Debt to Equity History and Analysis
Debt Level: 300991's net debt to equity ratio (50.5%) is considered high.
Reducing Debt: 300991's debt to equity ratio has increased from 12.8% to 67.9% over the past 5 years.
Debt Coverage: 300991's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: 300991's interest payments on its debt are not well covered by EBIT (2.1x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 12:48 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Shenzhen Chuangyitong Technology Co.,Ltd. is covered by 0 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 |
|---|