Chanjet Information Technology Balance Sheet Health
Financial Health criteria checks 6/6
Chanjet Information Technology has a total shareholder equity of CN¥859.9M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.7B and CN¥799.3M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥791.77m |
| Equity | CN¥859.85m |
| Total liabilities | CN¥799.30m |
| Total assets | CN¥1.66b |
Recent financial health updates
Chanjet Information Technology (HKG:1588) Is In A Good Position To Deliver On Growth Plans
Aug 30
Here's Why We're Not Too Worried About Chanjet Information Technology's (HKG:1588) Cash Burn Situation
Dec 07Recent updates
It's A Story Of Risk Vs Reward With Chanjet Information Technology Company Limited (HKG:1588)
Oct 02Subdued Growth No Barrier To Chanjet Information Technology Company Limited (HKG:1588) With Shares Advancing 29%
Mar 07Chanjet Information Technology (HKG:1588) Is In A Good Position To Deliver On Growth Plans
Aug 30Here's Why We're Not Too Worried About Chanjet Information Technology's (HKG:1588) Cash Burn Situation
Dec 07We Like These Underlying Return On Capital Trends At Chanjet Information Technology (HKG:1588)
May 16What Kind Of Shareholders Own Chanjet Information Technology Company Limited (HKG:1588)?
Feb 17
Something To Consider Before Buying Chanjet Information Technology Company Limited (HKG:1588) For The 3.6% Dividend
Jan 13Introducing Chanjet Information Technology (HKG:1588), A Stock That Climbed 54% In The Last Year
Dec 18A Look At The Fair Value Of Chanjet Information Technology Company Limited (HKG:1588)
Nov 27Financial Position Analysis
Short Term Liabilities: 1588's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥618.7M).
Long Term Liabilities: 1588's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥180.6M).
Debt to Equity History and Analysis
Debt Level: 1588 is debt free.
Reducing Debt: 1588 has not had any debt for past 5 years.
Debt Coverage: 1588 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1588 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 19:40 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
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 .
Analyst Sources
Chanjet Information Technology Company Limited is covered by 4 analysts. 1 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 |
|---|---|
| Liping Zhao | China International Capital Corporation Limited |
| Edison Lee | Jefferies LLC |
| Pui Hung Ho | KGI Securities Co. Ltd. |