China Information Technology Development Balance Sheet Health
Financial Health criteria checks 4/6
China Information Technology Development has a total shareholder equity of HK$153.8M and total debt of HK$65.1M, which brings its debt-to-equity ratio to 42.3%. Its total assets and total liabilities are HK$249.4M and HK$95.6M respectively.
Key information
42.30%
Debt to equity ratio
HK$65.05m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$11.83m |
| Equity | HK$153.78m |
| Total liabilities | HK$95.61m |
| Total assets | HK$249.39m |
Recent financial health updates
Is China Information Technology Development (HKG:8178) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Would China Information Technology Development (HKG:8178) Be Better Off With Less Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Would China Information Technology Development (HKG:8178) Be Better Off With Less Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Is China Information Technology Development (HKG:8178) A Risky Investment?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Is China Information Technology Development (HKG:8178) A Risky Investment?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Is China Information Technology Development (HKG:8178) Weighed On By Its Debt Load?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Recent updates
Financial Position Analysis
Short Term Liabilities: 8178's short term assets (HK$44.0M) do not cover its short term liabilities (HK$56.6M).
Long Term Liabilities: 8178's short term assets (HK$44.0M) exceed its long term liabilities (HK$39.0M).
Debt to Equity History and Analysis
Debt Level: 8178's net debt to equity ratio (34.6%) is considered satisfactory.
Reducing Debt: 8178's debt to equity ratio has increased from 21.4% to 42.3% 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: 8178 has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 8178 is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/21 21:28 |
| End of Day Share Price | 2026/09/21 00:00 |
| Earnings | 2026/06/30 |
| 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 |
| |
| 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
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 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
China Information Technology Development 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.