Ruihe Data Technology Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Ruihe Data Technology Holdings has a total shareholder equity of CN¥11.3M and total debt of CN¥184.0M, which brings its debt-to-equity ratio to 1623.3%. Its total assets and total liabilities are CN¥365.2M and CN¥353.9M respectively.
Key information
1,623.27%
Debt to equity ratio
CN¥184.05m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥31.88m |
| Equity | CN¥11.34m |
| Total liabilities | CN¥353.88m |
| Total assets | CN¥365.22m |
Recent financial health updates
Does Ruihe Data Technology Holdings (HKG:3680) Have A Healthy Balance Sheet?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...We Think Ruihe Data Technology Holdings (HKG:3680) Has A Fair Chunk Of Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Recent updates
Financial Position Analysis
Short Term Liabilities: 3680's short term assets (CN¥228.4M) do not cover its short term liabilities (CN¥353.5M).
Long Term Liabilities: 3680's short term assets (CN¥228.4M) exceed its long term liabilities (CN¥337.0K).
Debt to Equity History and Analysis
Debt Level: 3680's net debt to equity ratio (1342.1%) is considered high.
Reducing Debt: 3680's debt to equity ratio has increased from 40.5% to 1623.3% 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 3 years based on its current free cash flow.
Forecast Cash Runway: 3680 has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 21.1% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/10 05:22 |
| End of Day Share Price | 2026/08/10 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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 |
| |
| 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
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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 Github.
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.