Ronshine China Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Ronshine China Holdings has a total shareholder equity of CN¥21.9B and total debt of CN¥39.6B, which brings its debt-to-equity ratio to 180.9%. Its total assets and total liabilities are CN¥133.4B and CN¥111.5B respectively. Ronshine China Holdings's EBIT is CN¥3.6B making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥2.6B.
Key information
180.9%
Debt to equity ratio
CN¥39.57b
Debt
| Interest coverage ratio | 1.2x |
| Cash | CN¥2.65b |
| Equity | CN¥21.87b |
| Total liabilities | CN¥111.48b |
| Total assets | CN¥133.35b |
Recent financial health updates
Is Ronshine China Holdings (HKG:3301) Weighed On By Its Debt Load?
Oct 02
Ronshine China Holdings (HKG:3301) Use Of Debt Could Be Considered Risky
Apr 05Recent updates
Is Ronshine China Holdings (HKG:3301) Weighed On By Its Debt Load?
Oct 02Is Ronshine China Holdings Limited (HKG:3301) Trading At A 48% Discount?
May 10Ronshine China Holdings (HKG:3301) Use Of Debt Could Be Considered Risky
Apr 05Are Investors Undervaluing Ronshine China Holdings Limited (HKG:3301) By 45%?
Dec 14At HK$3.58, Is It Time To Put Ronshine China Holdings Limited (HKG:3301) On Your Watch List?
Sep 19Ronshine China Holdings Limited's (HKG:3301) Intrinsic Value Is Potentially 58% Above Its Share Price
Aug 23Ronshine China Holdings (HKG:3301) Will Pay A Smaller Dividend Than Last Year
Jun 06A Look At The Intrinsic Value Of Ronshine China Holdings Limited (HKG:3301)
May 06Analysts Have Just Cut Their Ronshine China Holdings Limited (HKG:3301) Revenue Estimates By 18%
Apr 01Would Shareholders Who Purchased Ronshine China Holdings' (HKG:3301) Stock Three Years Be Happy With The Share price Today?
Jan 31How Should Investors Feel About Ronshine China Holdings' (HKG:3301) CEO Remuneration?
Nov 29
Financial Position Analysis
Short Term Liabilities: 3301's short term assets (CN¥111.0B) exceed its short term liabilities (CN¥101.6B).
Long Term Liabilities: 3301's short term assets (CN¥111.0B) exceed its long term liabilities (CN¥9.8B).
Debt to Equity History and Analysis
Debt Level: 3301's net debt to equity ratio (168.8%) is considered high.
Reducing Debt: 3301's debt to equity ratio has increased from 156.7% to 180.9% 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 3301 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3301 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 18.2% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 15:55 |
| 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
Ronshine China Holdings Limited is covered by 9 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 |
|---|---|
| Siu-Fung Lung | CCB International Securities Limited |
| Griffin Chan | Citigroup Inc |
| Jeffrey Gao | Deutsche Bank |