Bright Future Technology Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Bright Future Technology Holdings has a total shareholder equity of CN¥142.7M and total debt of CN¥173.3M, which brings its debt-to-equity ratio to 121.5%. Its total assets and total liabilities are CN¥449.4M and CN¥306.7M respectively.
Key information
121.5%
Debt to equity ratio
CN¥173.29m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥15.84m |
| Equity | CN¥142.65m |
| Total liabilities | CN¥306.70m |
| Total assets | CN¥449.36m |
Recent financial health updates
No updates
Recent updates
Sentiment Still Eluding Bright Future Technology Holdings Limited (HKG:1351)
Jan 27
Bright Future Technology Holdings (HKG:1351) Is Reinvesting At Lower Rates Of Return
Dec 04Impressive Earnings May Not Tell The Whole Story For Bright Future Technology Holdings (HKG:1351)
Sep 26Bright Future Technology Holdings Limited's (HKG:1351) Shares Leap 30% Yet They're Still Not Telling The Full Story
Sep 13There Are Reasons To Feel Uneasy About Bright Future Technology Holdings' (HKG:1351) Returns On Capital
Aug 28Bright Future Technology Holdings Limited's (HKG:1351) Subdued P/S Might Signal An Opportunity
Jul 17Investors Still Aren't Entirely Convinced By Bright Future Technology Holdings Limited's (HKG:1351) Revenues Despite 26% Price Jump
Apr 12Calculating The Fair Value Of Bright Future Technology Holdings Limited (HKG:1351)
Dec 31Calculating The Intrinsic Value Of Bright Future Technology Holdings Limited (HKG:1351)
May 22Bright Future Technology Holdings (HKG:1351) May Have Issues Allocating Its Capital
Feb 28Bright Future Technology Holdings Limited's (HKG:1351) Business And Shares Still Trailing The Market
May 22Bright Future Technology Holdings' (HKG:1351) Earnings Are Weaker Than They Seem
Mar 30What Type Of Shareholders Own The Most Number of Bright Future Technology Holdings Limited (HKG:1351) Shares?
Feb 11Financial Position Analysis
Short Term Liabilities: 1351's short term assets (CN¥438.9M) exceed its short term liabilities (CN¥222.8M).
Long Term Liabilities: 1351's short term assets (CN¥438.9M) exceed its long term liabilities (CN¥83.9M).
Debt to Equity History and Analysis
Debt Level: 1351's net debt to equity ratio (110.4%) is considered high.
Reducing Debt: 1351's debt to equity ratio has increased from 23.7% to 121.5% over the past 5 years.
Debt Coverage: 1351's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1351's interest payments on its debt are well covered by EBIT.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/10 22:50 |
| End of Day Share Price | 2025/05/09 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
Bright Future Technology Holdings 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.