China Technology Industry Group Balance Sheet Health
Financial Health criteria checks 3/6
China Technology Industry Group has a total shareholder equity of CN¥31.3M and total debt of CN¥44.4M, which brings its debt-to-equity ratio to 141.5%. Its total assets and total liabilities are CN¥93.5M and CN¥62.2M respectively.
Key information
141.5%
Debt to equity ratio
CN¥44.37m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.12m |
| Equity | CN¥31.35m |
| Total liabilities | CN¥62.19m |
| Total assets | CN¥93.53m |
Recent financial health updates
Here's Why China Technology Industry Group (HKG:8111) Can Afford Some Debt
Dec 01
Does China Technology Industry Group (HKG:8111) Have A Healthy Balance Sheet?
Jul 16Does 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 22Is China Technology Industry Group (HKG:8111) Using Too Much Debt?
Mar 22Recent updates
Here's Why China Technology Industry Group (HKG:8111) Can Afford Some Debt
Dec 01Does China Technology Industry Group (HKG:8111) Have A Healthy Balance Sheet?
Jul 16Does 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¥52.5M) exceed its short term liabilities (CN¥29.8M).
Long Term Liabilities: 8111's short term assets (CN¥52.5M) exceed its long term liabilities (CN¥32.3M).
Debt to Equity History and Analysis
Debt Level: 8111's net debt to equity ratio (134.8%) is considered high.
Reducing Debt: 8111's debt to equity ratio has reduced from 236.2% to 141.5% 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: 8111 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 8111 has less than a year of cash runway if free cash flow continues to grow at historical rates of 16.7% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 07:44 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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
China Technology Industry Group 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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