Zhuhai Raysharp TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhuhai Raysharp TechnologyLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.3B and CN¥161.6M respectively. Zhuhai Raysharp TechnologyLtd's EBIT is CN¥81.0M making its interest coverage ratio -3.7. It has cash and short-term investments of CN¥686.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -3.7x |
| Cash | CN¥686.71m |
| Equity | CN¥1.11b |
| Total liabilities | CN¥161.56m |
| Total assets | CN¥1.27b |
Recent financial health updates
No updates
Recent updates
Zhuhai Raysharp TechnologyLtd's (SZSE:301042) Promising Earnings May Rest On Soft Foundations
Nov 06
Be Wary Of Zhuhai Raysharp TechnologyLtd (SZSE:301042) And Its Returns On Capital
Sep 27There Is A Reason Zhuhai Raysharp Technology Co.,Ltd.'s (SZSE:301042) Price Is Undemanding
Jun 26Zhuhai Raysharp TechnologyLtd (SZSE:301042) Strong Profits May Be Masking Some Underlying Issues
Apr 25There's Reason For Concern Over Zhuhai Raysharp Technology Co.,Ltd.'s (SZSE:301042) Massive 28% Price Jump
Mar 04Financial Position Analysis
Short Term Liabilities: 301042's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥158.2M).
Long Term Liabilities: 301042's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥3.3M).
Debt to Equity History and Analysis
Debt Level: 301042 is debt free.
Reducing Debt: 301042 has no debt compared to 5 years ago when its debt to equity ratio was 7.8%.
Debt Coverage: 301042 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301042 has no debt, therefore 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 | 2025/01/23 17:34 |
| End of Day Share Price | 2025/01/23 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
Zhuhai Raysharp 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 |
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