VCREDIT Holdings Balance Sheet Health
Financial Health criteria checks 3/6
VCREDIT Holdings has a total shareholder equity of CN¥4.2B and total debt of CN¥5.8B, which brings its debt-to-equity ratio to 136.9%. Its total assets and total liabilities are CN¥11.7B and CN¥7.5B respectively.
Key information
136.9%
Debt to equity ratio
CN¥5.81b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.52b |
| Equity | CN¥4.24b |
| Total liabilities | CN¥7.50b |
| Total assets | CN¥11.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5R6's short term assets (CN¥10.9B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 5R6's short term assets (CN¥10.9B) exceed its long term liabilities (CN¥4.4B).
Debt to Equity History and Analysis
Debt Level: 5R6's net debt to equity ratio (101.2%) is considered high.
Reducing Debt: 5R6's debt to equity ratio has reduced from 265.4% to 136.9% over the past 5 years.
Debt Coverage: 5R6's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 5R6'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 | 2024/12/22 02:43 |
| End of Day Share Price | 2024/12/10 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
VCREDIT Holdings Limited is covered by 3 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 |
|---|---|
| Cheng Zhou | Credit Suisse |
| Frank Zheng | Credit Suisse |
| Lingfeng Cai | J.P. Morgan |