Qian Xun Technology Balance Sheet Health
Financial Health criteria checks 4/6
Qian Xun Technology has a total shareholder equity of CN¥153.8M and total debt of CN¥96.6M, which brings its debt-to-equity ratio to 62.8%. Its total assets and total liabilities are CN¥459.2M and CN¥305.4M respectively.
Key information
62.84%
Debt to equity ratio
CN¥96.64m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥33.97m |
| Equity | CN¥153.80m |
| Total liabilities | CN¥305.39m |
| Total assets | CN¥459.19m |
Recent financial health updates
Does Ruicheng (China) Media Group (HKG:1640) Have A Healthy Balance Sheet?
May 24
Is Ruicheng (China) Media Group (HKG:1640) Using Too Much Debt?
Dec 08Does Ruicheng (China) Media Group (HKG:1640) Have A Healthy Balance Sheet?
Sep 01Does Ruicheng (China) Media Group (HKG:1640) Have A Healthy Balance Sheet?
Dec 23We Think Ruicheng (China) Media Group (HKG:1640) Has A Fair Chunk Of Debt
Sep 06Recent updates
Subdued Growth No Barrier To Ruicheng (China) Media Group Limited (HKG:1640) With Shares Advancing 27%
Jan 06Optimistic Investors Push Ruicheng (China) Media Group Limited (HKG:1640) Shares Up 109% But Growth Is Lacking
Sep 05Subdued Growth No Barrier To Ruicheng (China) Media Group Limited (HKG:1640) With Shares Advancing 25%
Jul 22Does Ruicheng (China) Media Group (HKG:1640) Have A Healthy Balance Sheet?
May 24Ruicheng (China) Media Group Limited's (HKG:1640) Business Is Trailing The Industry But Its Shares Aren't
Mar 28Is Ruicheng (China) Media Group (HKG:1640) Using Too Much Debt?
Dec 08Does Ruicheng (China) Media Group (HKG:1640) Have A Healthy Balance Sheet?
Sep 01Does Ruicheng (China) Media Group (HKG:1640) Have A Healthy Balance Sheet?
Dec 23We Think Ruicheng (China) Media Group (HKG:1640) Has A Fair Chunk Of Debt
Sep 06We Think Ruicheng (China) Media Group (HKG:1640) Can Stay On Top Of Its Debt
May 19Capital Allocation Trends At Ruicheng (China) Media Group (HKG:1640) Aren't Ideal
Mar 16Ruicheng (China) Media Group (HKG:1640) Will Want To Turn Around Its Return Trends
Nov 22Ruicheng (China) Media Group (HKG:1640) Could Be Struggling To Allocate Capital
Aug 09Investors Could Be Concerned With Ruicheng (China) Media Group's (HKG:1640) Returns On Capital
May 07We Think Ruicheng (China) Media Group (HKG:1640) Is Taking Some Risk With Its Debt
Apr 02Ruicheng (China) Media Group (HKG:1640) Knows How to Allocate Capital
Jan 02Financial Position Analysis
Short Term Liabilities: 1640's short term assets (CN¥347.7M) exceed its short term liabilities (CN¥303.4M).
Long Term Liabilities: 1640's short term assets (CN¥347.7M) exceed its long term liabilities (CN¥2.0M).
Debt to Equity History and Analysis
Debt Level: 1640's net debt to equity ratio (40.8%) is considered high.
Reducing Debt: 1640's debt to equity ratio has increased from 45.9% to 62.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 1640 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1640 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 35.6% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/18 21:35 |
| End of Day Share Price | 2025/06/18 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 |
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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.
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
Qian Xun Technology 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.