RAISECOM TECHNOLOGY CO.,Ltd.

XSSC:603803 Stock Report

Market Cap: CN¥3.5b

RAISECOM TECHNOLOGYLtd Balance Sheet Health

Financial Health criteria checks 6/6

RAISECOM TECHNOLOGYLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥287.3M, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are CN¥2.7B and CN¥1.1B respectively.

Key information

17.1%

Debt to equity ratio

CN¥287.27m

Debt

Interest coverage ration/a
CashCN¥660.85m
EquityCN¥1.68b
Total liabilitiesCN¥1.06b
Total assetsCN¥2.74b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 603803's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.0B).

Long Term Liabilities: 603803's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥57.8M).


Debt to Equity History and Analysis

Debt Level: 603803 has more cash than its total debt.

Reducing Debt: 603803's debt to equity ratio has reduced from 24% to 17.1% 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 603803 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 603803 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 15.4% per year.


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