Zhejiang Chang'an Renheng Technology Balance Sheet Health
Financial Health criteria checks 3/6
Zhejiang Chang'an Renheng Technology has a total shareholder equity of CN¥120.2M and total debt of CN¥140.3M, which brings its debt-to-equity ratio to 116.7%. Its total assets and total liabilities are CN¥308.9M and CN¥188.7M respectively. Zhejiang Chang'an Renheng Technology's EBIT is CN¥9.6M making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥27.3M.
Key information
116.7%
Debt to equity ratio
CN¥140.27m
Debt
Interest coverage ratio | 1.5x |
Cash | CN¥27.32m |
Equity | CN¥120.23m |
Total liabilities | CN¥188.67m |
Total assets | CN¥308.90m |
Recent financial health updates
Is Zhejiang Chang'an Renheng Technology (HKG:8139) Using Too Much Debt?
Sep 22These 4 Measures Indicate That Zhejiang Chang'an Renheng Technology (HKG:8139) Is Using Debt Extensively
Nov 07Zhejiang Chang'an Renheng Technology (HKG:8139) Has No Shortage Of Debt
Apr 09Zhejiang Chang'an Renheng Technology (HKG:8139) Use Of Debt Could Be Considered Risky
Aug 24Is Zhejiang Chang'an Renheng Technology (HKG:8139) Using Too Much Debt?
May 06Is Zhejiang Chang'an Renheng Technology (HKG:8139) A Risky Investment?
May 03Recent updates
Even With A 25% Surge, Cautious Investors Are Not Rewarding Zhejiang Chang'an Renheng Technology Co., Ltd.'s (HKG:8139) Performance Completely
Nov 22Further Upside For Zhejiang Chang'an Renheng Technology Co., Ltd. (HKG:8139) Shares Could Introduce Price Risks After 35% Bounce
Oct 04Is Zhejiang Chang'an Renheng Technology (HKG:8139) Using Too Much Debt?
Sep 22The Price Is Right For Zhejiang Chang'an Renheng Technology Co., Ltd. (HKG:8139) Even After Diving 26%
Aug 06If EPS Growth Is Important To You, Zhejiang Chang'an Renheng Technology (HKG:8139) Presents An Opportunity
Jul 25The Price Is Right For Zhejiang Chang'an Renheng Technology Co., Ltd. (HKG:8139)
Jun 14This Is Why Zhejiang Chang'an Renheng Technology Co., Ltd.'s (HKG:8139) CEO Compensation Looks Appropriate
May 13We Ran A Stock Scan For Earnings Growth And Zhejiang Chang'an Renheng Technology (HKG:8139) Passed With Ease
Apr 15Market Cool On Zhejiang Chang'an Renheng Technology Co., Ltd.'s (HKG:8139) Revenues
Jan 25These 4 Measures Indicate That Zhejiang Chang'an Renheng Technology (HKG:8139) Is Using Debt Extensively
Nov 07Zhejiang Chang'an Renheng Technology (HKG:8139) Might Have The Makings Of A Multi-Bagger
Oct 04A Look At The Fair Value Of Zhejiang Chang'an Renheng Technology Co., Ltd. (HKG:8139)
Aug 10Zhejiang Chang'an Renheng Technology (HKG:8139) Is Doing The Right Things To Multiply Its Share Price
Jul 05Zhejiang Chang'an Renheng Technology (HKG:8139) Has No Shortage Of Debt
Apr 09Some Investors May Be Worried About Zhejiang Chang'an Renheng Technology's (HKG:8139) Returns On Capital
Jan 15The Return Trends At Zhejiang Chang'an Renheng Technology (HKG:8139) Look Promising
Sep 30Zhejiang Chang'an Renheng Technology (HKG:8139) Use Of Debt Could Be Considered Risky
Aug 24We Like These Underlying Return On Capital Trends At Zhejiang Chang'an Renheng Technology (HKG:8139)
Jun 24Is Zhejiang Chang'an Renheng Technology (HKG:8139) Using Too Much Debt?
May 06Returns Are Gaining Momentum At Zhejiang Chang'an Renheng Technology (HKG:8139)
Mar 09Zhejiang Chang'an Renheng Technology (HKG:8139) Shareholders Will Want The ROCE Trajectory To Continue
Dec 06Is Zhejiang Chang'an Renheng Technology (HKG:8139) A Risky Investment?
May 03Estimating The Intrinsic Value Of Zhejiang Chang'an Renheng Technology Co., Ltd. (HKG:8139)
Mar 10Should You Be Impressed By Zhejiang Chang'an Renheng Technology's (HKG:8139) Returns on Capital?
Jan 14A Look At The Fair Value Of Zhejiang Chang'an Renheng Technology Co., Ltd. (HKG:8139)
Dec 10Financial Position Analysis
Short Term Liabilities: 8139's short term assets (CN¥173.5M) exceed its short term liabilities (CN¥162.4M).
Long Term Liabilities: 8139's short term assets (CN¥173.5M) exceed its long term liabilities (CN¥26.2M).
Debt to Equity History and Analysis
Debt Level: 8139's net debt to equity ratio (93.9%) is considered high.
Reducing Debt: 8139's debt to equity ratio has increased from 71.9% to 116.7% over the past 5 years.
Debt Coverage: 8139's debt is well covered by operating cash flow (31.6%).
Interest Coverage: 8139's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2025/01/08 04:40 |
End of Day Share Price | 2025/01/08 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 * |
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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
Zhejiang Chang'an Renheng Technology Co., Ltd. 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.
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