China Technology Industry Group Balance Sheet Health
Financial Health criteria checks 2/6
China Technology Industry Group has a total shareholder equity of CN¥40.1M and total debt of CN¥51.6M, which brings its debt-to-equity ratio to 128.5%. Its total assets and total liabilities are CN¥102.6M and CN¥62.5M respectively.
Key information
128.5%
Debt to equity ratio
CN¥51.55m
Debt
Interest coverage ratio | n/a |
Cash | CN¥563.00k |
Equity | CN¥40.12m |
Total liabilities | CN¥62.48m |
Total assets | CN¥102.61m |
Recent financial health updates
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 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?
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¥66.9M) exceed its short term liabilities (CN¥21.1M).
Long Term Liabilities: 8111's short term assets (CN¥66.9M) exceed its long term liabilities (CN¥41.3M).
Debt to Equity History and Analysis
Debt Level: 8111's net debt to equity ratio (127.1%) is considered high.
Reducing Debt: 8111's debt to equity ratio has increased from 77.9% to 128.5% 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 21.9% each year.