China Bester Group Telecom Balance Sheet Health
Financial Health criteria checks 2/6
China Bester Group Telecom has a total shareholder equity of CN¥2.1B and total debt of CN¥2.8B, which brings its debt-to-equity ratio to 130.5%. Its total assets and total liabilities are CN¥7.7B and CN¥5.6B respectively. China Bester Group Telecom's EBIT is CN¥294.3M making its interest coverage ratio 3.2. It has cash and short-term investments of CN¥359.0M.
Key information
130.5%
Debt to equity ratio
CN¥2.75b
Debt
| Interest coverage ratio | 3.2x |
| Cash | CN¥359.02m |
| Equity | CN¥2.11b |
| Total liabilities | CN¥5.56b |
| Total assets | CN¥7.67b |
Recent financial health updates
We Think China Bester Group Telecom (SHSE:603220) Is Taking Some Risk With Its Debt
Jun 14
These 4 Measures Indicate That China Bester Group Telecom (SHSE:603220) Is Using Debt Extensively
Feb 28Recent updates
Returns On Capital At China Bester Group Telecom (SHSE:603220) Paint A Concerning Picture
Dec 27Does China Bester Group Telecom (SHSE:603220) Deserve A Spot On Your Watchlist?
Nov 21China Bester Group Telecom's (SHSE:603220) Promising Earnings May Rest On Soft Foundations
Nov 06Market Participants Recognise China Bester Group Telecom Co., Ltd.'s (SHSE:603220) Earnings Pushing Shares 38% Higher
Oct 21We Think China Bester Group Telecom (SHSE:603220) Is Taking Some Risk With Its Debt
Jun 14Capital Allocation Trends At China Bester Group Telecom (SHSE:603220) Aren't Ideal
May 27Here's Why We Think China Bester Group Telecom (SHSE:603220) Is Well Worth Watching
May 09What You Can Learn From China Bester Group Telecom Co., Ltd.'s (SHSE:603220) P/EAfter Its 29% Share Price Crash
Apr 17China Bester Group Telecom Co., Ltd. (SHSE:603220) Stocks Shoot Up 33% But Its P/E Still Looks Reasonable
Feb 29These 4 Measures Indicate That China Bester Group Telecom (SHSE:603220) Is Using Debt Extensively
Feb 28Financial Position Analysis
Short Term Liabilities: 603220's short term assets (CN¥3.4B) do not cover its short term liabilities (CN¥3.5B).
Long Term Liabilities: 603220's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 603220's net debt to equity ratio (113.5%) is considered high.
Reducing Debt: 603220's debt to equity ratio has increased from 11.7% to 130.5% over the past 5 years.
Debt Coverage: 603220's debt is not well covered by operating cash flow (6.4%).
Interest Coverage: 603220's interest payments on its debt are well covered by EBIT (3.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 10:01 |
| End of Day Share Price | 2024/12/31 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
China Bester Group Telecom Co., Ltd. is covered by 1 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 |
|---|---|
| Tianyi Ma | Minsheng Securities Co. |