China Renaissance Holdings Balance Sheet Health
Financial Health criteria checks 3/6
China Renaissance Holdings has a total shareholder equity of CN¥7.1B and total debt of CN¥605.5M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are CN¥9.4B and CN¥2.2B respectively.
Key information
8.5%
Debt to equity ratio
CN¥605.46m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥4.66b |
| Equity | CN¥7.13b |
| Total liabilities | CN¥2.22b |
| Total assets | CN¥9.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6RN's short term assets (CN¥6.3B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 6RN's short term assets (CN¥6.3B) exceed its long term liabilities (CN¥65.4M).
Debt to Equity History and Analysis
Debt Level: 6RN has more cash than its total debt.
Reducing Debt: 6RN's debt to equity ratio has increased from 0.4% to 8.5% over the past 5 years.
Debt Coverage: 6RN's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: Insufficient data to determine if 6RN's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 04:16 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| 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 Renaissance Holdings Limited is covered by 12 analysts. 1 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 |
|---|---|
| Michael Li | BofA Global Research |
| Yung Chen | CCB International Securities Limited |
| Han Pu | China International Capital Corporation Limited |