Ruihe Data Technology Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Ruihe Data Technology Holdings has a total shareholder equity of CN¥80.5M and total debt of CN¥174.1M, which brings its debt-to-equity ratio to 216.4%. Its total assets and total liabilities are CN¥382.9M and CN¥302.5M respectively.
Key information
216.4%
Debt to equity ratio
CN¥174.12m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥70.23m |
| Equity | CN¥80.48m |
| Total liabilities | CN¥302.46m |
| Total assets | CN¥382.94m |
Recent financial health updates
Recent updates
Revenues Not Telling The Story For Ruihe Data Technology Holdings Limited (HKG:3680) After Shares Rise 35%
Nov 07
We Think Ruihe Data Technology Holdings (HKG:3680) Has A Fair Chunk Of Debt
Sep 28Ruihe Data Technology Holdings Limited (HKG:3680) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely
Jul 14Ruihe Data Technology Holdings Limited's (HKG:3680) Popularity With Investors Under Threat As Stock Sinks 27%
May 28There's Reason For Concern Over Ruihe Data Technology Holdings Limited's (HKG:3680) Massive 27% Price Jump
Mar 04Subdued Growth No Barrier To Ruihe Data Technology Holdings Limited (HKG:3680) With Shares Advancing 75%
Dec 13Financial Position Analysis
Short Term Liabilities: 3680's short term assets (CN¥252.3M) do not cover its short term liabilities (CN¥288.7M).
Long Term Liabilities: 3680's short term assets (CN¥252.3M) exceed its long term liabilities (CN¥13.8M).
Debt to Equity History and Analysis
Debt Level: 3680's net debt to equity ratio (129.1%) is considered high.
Reducing Debt: 3680's debt to equity ratio has increased from 45% to 216.4% 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: 3680 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 3680 has less than a year of cash runway if free cash flow continues to grow at historical rates of 3.7% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 21:10 |
| End of Day Share Price | 2024/12/30 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
Ruihe Data 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.
| Analyst | Institution |
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