China Ludao Technology Balance Sheet Health
Financial Health criteria checks 2/6
China Ludao Technology has a total shareholder equity of CN¥460.3M and total debt of CN¥724.3M, which brings its debt-to-equity ratio to 157.4%. Its total assets and total liabilities are CN¥1.4B and CN¥972.7M respectively. China Ludao Technology's EBIT is CN¥83.7M making its interest coverage ratio 6.8. It has cash and short-term investments of CN¥32.8M.
Key information
157.4%
Debt to equity ratio
CN¥724.29m
Debt
| Interest coverage ratio | 6.8x |
| Cash | CN¥32.77m |
| Equity | CN¥460.29m |
| Total liabilities | CN¥972.74m |
| Total assets | CN¥1.43b |
Recent financial health updates
China Ludao Technology (HKG:2023) Takes On Some Risk With Its Use Of Debt
Apr 17
Is China Ludao Technology (HKG:2023) A Risky Investment?
Aug 31China Ludao Technology (HKG:2023) Has A Pretty Healthy Balance Sheet
Apr 09Is China Ludao Technology (HKG:2023) A Risky Investment?
Dec 14Recent updates
What China Ludao Technology Company Limited's (HKG:2023) 30% Share Price Gain Is Not Telling You
Sep 24China Ludao Technology (HKG:2023) Hasn't Managed To Accelerate Its Returns
Aug 30China Ludao Technology Company Limited's (HKG:2023) Shares May Have Run Too Fast Too Soon
Jul 23China Ludao Technology (HKG:2023) Takes On Some Risk With Its Use Of Debt
Apr 17Here's What's Concerning About China Ludao Technology's (HKG:2023) Returns On Capital
Mar 26Is China Ludao Technology (HKG:2023) A Risky Investment?
Aug 31China Ludao Technology (HKG:2023) Could Be Struggling To Allocate Capital
Jul 06China Ludao Technology (HKG:2023) Shareholders Will Want The ROCE Trajectory To Continue
Jul 15Here's Why I Think China Ludao Technology (HKG:2023) Might Deserve Your Attention Today
May 31China Ludao Technology (HKG:2023) Has A Pretty Healthy Balance Sheet
Apr 09China Ludao Technology (HKG:2023) Shareholders Will Want The ROCE Trajectory To Continue
Mar 22Are Insiders Buying China Ludao Technology Company Limited (HKG:2023) Stock?
Mar 05Here's Why I Think China Ludao Technology (HKG:2023) Might Deserve Your Attention Today
Feb 15
China Ludao Technology's(HKG:2023) Share Price Is Down 42% Over The Past Five Years.
Jan 31China Ludao Technology Company Limited (HKG:2023) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Jan 13What We Learned About China Ludao Technology's (HKG:2023) CEO Pay
Dec 27Is China Ludao Technology (HKG:2023) A Risky Investment?
Dec 14China Ludao Technology (HKG:2023) Is Growing Earnings But Are They A Good Guide?
Dec 01Have Insiders Been Buying China Ludao Technology Company Limited (HKG:2023) Shares?
Nov 19Financial Position Analysis
Short Term Liabilities: 2023's short term assets (CN¥507.0M) do not cover its short term liabilities (CN¥632.7M).
Long Term Liabilities: 2023's short term assets (CN¥507.0M) exceed its long term liabilities (CN¥340.1M).
Debt to Equity History and Analysis
Debt Level: 2023's net debt to equity ratio (150.2%) is considered high.
Reducing Debt: 2023's debt to equity ratio has increased from 67.9% to 157.4% over the past 5 years.
Debt Coverage: 2023's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: 2023's interest payments on its debt are well covered by EBIT (6.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 03:50 |
| End of Day Share Price | 2025/01/20 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
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Analyst Sources
China Ludao Technology Company Limited is covered by 0 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 |
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