Ruicheng (China) Media Group Balance Sheet Health
Financial Health criteria checks 5/6
Ruicheng (China) Media Group has a total shareholder equity of CN¥224.1M and total debt of CN¥109.8M, which brings its debt-to-equity ratio to 49%. Its total assets and total liabilities are CN¥601.4M and CN¥377.3M respectively.
Key information
49.0%
Debt to equity ratio
CN¥109.78m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥37.63m |
| Equity | CN¥224.09m |
| Total liabilities | CN¥377.31m |
| Total assets | CN¥601.40m |
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
Optimistic 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¥585.5M) exceed its short term liabilities (CN¥356.5M).
Long Term Liabilities: 1640's short term assets (CN¥585.5M) exceed its long term liabilities (CN¥20.8M).
Debt to Equity History and Analysis
Debt Level: 1640's net debt to equity ratio (32.2%) is considered satisfactory.
Reducing Debt: 1640's debt to equity ratio has reduced from 62% to 49% over the past 5 years.
Debt Coverage: 1640's debt is well covered by operating cash flow (45.4%).
Interest Coverage: Insufficient data to determine if 1640's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 22:24 |
| End of Day Share Price | 2024/12/24 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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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 .
Analyst Sources
Ruicheng (China) Media Group 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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