China Technology Industry Group Balance Sheet Health
Financial Health criteria checks 4/6
China Technology Industry Group has a total shareholder equity of CN¥48.5M and total debt of CN¥61.3M, which brings its debt-to-equity ratio to 126.4%. Its total assets and total liabilities are CN¥135.6M and CN¥87.1M respectively.
Key information
126.4%
Debt to equity ratio
CN¥61.30m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.94m |
| Equity | CN¥48.48m |
| Total liabilities | CN¥87.13m |
| Total assets | CN¥135.61m |
Recent financial health updates
Does China Technology Industry Group (HKG:8111) Have A Healthy Balance Sheet?
Jan 09
Would China Technology Industry Group (HKG:8111) Be Better Off With Less Debt?
Sep 13Here's Why China Technology Industry Group (HKG:8111) Can Manage Its Debt Responsibly
Sep 22Is China Technology Industry Group (HKG:8111) Using Too Much Debt?
Mar 22Is China Technology Industry Group (HKG:8111) A Risky Investment?
Jan 11Recent updates
Does China Technology Industry Group (HKG:8111) Have A Healthy Balance Sheet?
Jan 09Would China Technology Industry Group (HKG:8111) Be Better Off With Less Debt?
Sep 13Here's Why China Technology Industry Group (HKG:8111) Can Manage Its Debt Responsibly
Sep 22Returns Are Gaining Momentum At China Technology Industry Group (HKG:8111)
Jul 21Is China Technology Industry Group (HKG:8111) Using Too Much Debt?
Mar 22Lacklustre Performance Is Driving China Technology Industry Group Limited's (HKG:8111) 26% Price Drop
Dec 07Estimating The Intrinsic Value Of China Technology Industry Group Limited (HKG:8111)
Aug 23Returns On Capital Are A Standout For China Technology Industry Group (HKG:8111)
Mar 24Is China Technology Industry Group Limited's (HKG:8111) Latest Stock Performance A Reflection Of Its Financial Health?
Feb 16Is China Technology Industry Group (HKG:8111) A Risky Investment?
Jan 11Is China Technology Industry Group (HKG:8111) The Next Multi-Bagger?
Dec 15Financial Position Analysis
Short Term Liabilities: 8111's short term assets (CN¥107.2M) exceed its short term liabilities (CN¥87.0M).
Long Term Liabilities: 8111's short term assets (CN¥107.2M) exceed its long term liabilities (CN¥138.0K).
Debt to Equity History and Analysis
Debt Level: 8111's net debt to equity ratio (120.4%) is considered high.
Reducing Debt: 8111's debt to equity ratio has increased from 68.6% to 126.4% 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: Whilst unprofitable 8111 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8111 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 41.2% per year.