China Risun Group Balance Sheet Health
Financial Health criteria checks 1/6
China Risun Group has a total shareholder equity of CN¥14.5B and total debt of CN¥30.1B, which brings its debt-to-equity ratio to 207.7%. Its total assets and total liabilities are CN¥59.8B and CN¥45.4B respectively. China Risun Group's EBIT is CN¥1.5B making its interest coverage ratio 1.4. It has cash and short-term investments of CN¥3.8B.
Key information
207.7%
Debt to equity ratio
CN¥30.09b
Debt
| Interest coverage ratio | 1.4x |
| Cash | CN¥3.82b |
| Equity | CN¥14.49b |
| Total liabilities | CN¥45.35b |
| Total assets | CN¥59.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1907's short term assets (CN¥23.4B) do not cover its short term liabilities (CN¥33.4B).
Long Term Liabilities: 1907's short term assets (CN¥23.4B) exceed its long term liabilities (CN¥11.9B).
Debt to Equity History and Analysis
Debt Level: 1907's net debt to equity ratio (181.3%) is considered high.
Reducing Debt: 1907's debt to equity ratio has increased from 120.6% to 207.7% over the past 5 years.
Debt Coverage: 1907's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: 1907's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 07:40 |
| End of Day Share Price | 2024/12/27 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 Risun Group Limited is covered by 5 analysts. 3 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 |
|---|---|
| Guopeng Gu | Citic Securities Co., Ltd. |
| Xixi Zhang | Tianfeng Securities Brokerage Co., Ltd |
| Kun Zhai | Topsperity Securities |