Neutech Group Balance Sheet Health
Financial Health criteria checks 2/6
Neutech Group has a total shareholder equity of CN¥2.1B and total debt of CN¥2.8B, which brings its debt-to-equity ratio to 132.1%. Its total assets and total liabilities are CN¥6.2B and CN¥4.1B respectively. Neutech Group's EBIT is CN¥673.5M making its interest coverage ratio 7.5. It has cash and short-term investments of CN¥1.1B.
Key information
132.1%
Debt to equity ratio
CN¥2.81b
Debt
| Interest coverage ratio | 7.5x |
| Cash | CN¥1.07b |
| Equity | CN¥2.13b |
| Total liabilities | CN¥4.11b |
| Total assets | CN¥6.24b |
Recent financial health updates
No updates
Recent updates
Neusoft Education Technology (HKG:9616) Is Reinvesting At Lower Rates Of Return
Aug 14
Calculating The Intrinsic Value Of Neusoft Education Technology Co. Limited (HKG:9616)
Mar 22Neusoft Education Technology Co. Limited (HKG:9616) Shares Fly 28% But Investors Aren't Buying For Growth
Feb 27Neusoft Education Technology's (HKG:9616) Shareholders Will Receive A Bigger Dividend Than Last Year
May 29Neusoft Education Technology's (HKG:9616) Shareholders Will Receive A Bigger Dividend Than Last Year
May 12Neusoft Education Technology (HKG:9616) Will Pay A Larger Dividend Than Last Year At HK$0.14
Apr 28Neusoft Education Technology (HKG:9616) Is Increasing Its Dividend To HK$0.14
Apr 05Revenue Miss: Neusoft Education Technology Co. Limited Fell 7.9% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models
Apr 04The Returns On Capital At Neusoft Education Technology (HKG:9616) Don't Inspire Confidence
Jan 26Investors Could Be Concerned With Neusoft Education Technology's (HKG:9616) Returns On Capital
Oct 19Neusoft Education Technology's (HKG:9616) Problems Go Beyond Weak Profit
Sep 23Neusoft Education Technology Co. Limited's (HKG:9616) Popularity With Investors Is Clear
May 05Is Neusoft Education Technology Co. Limited (HKG:9616) Popular Amongst Insiders?
Feb 23Should You Be Excited About Neusoft Education Technology Co. Limited's (HKG:9616) 21% Return On Equity?
Dec 30
Financial Position Analysis
Short Term Liabilities: 9616's short term assets (CN¥1.3B) do not cover its short term liabilities (CN¥1.7B).
Long Term Liabilities: 9616's short term assets (CN¥1.3B) do not cover its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: 9616's net debt to equity ratio (82%) is considered high.
Reducing Debt: 9616's debt to equity ratio has increased from 121.5% to 132.1% over the past 5 years.
Debt Coverage: 9616's debt is well covered by operating cash flow (23.2%).
Interest Coverage: 9616's interest payments on its debt are well covered by EBIT (7.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 18:44 |
| End of Day Share Price | 2025/01/10 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
Neutech Group Limited is covered by 7 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 |
|---|---|
| Liping Zhao | China International Capital Corporation Limited |
| Ya Jiang | Citic Securities Co., Ltd. |
| Chongguang Feng | Citic Securities Co., Ltd. |