CICT Mobile Communication Technology Co

CICT Mobile Communication Technology Co Debt

The Debt of CICT Mobile Communication Technology Co (688387.SS) as of Nov 4, 2026 is 1.16 B CNY. In the previous year, Debt was 1.66 B CNY — a change of -29.99% (lower).

Debt

1.16 BCNY

YoY

-29.99%

Last updated:

In 2024, CICT Mobile Communication Technology Co's total debt was 1.16 B CNY, a -29.99% change from the 1.66 B CNY total debt recorded in the previous year.

The CICT Mobile Communication Technology Co Debt history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Debt
Date
Debt
Jan 1, 2019
3.84 B CNY
Jan 1, 2020
4.61 B CNY
Jan 1, 2021
2.51 B CNY
Jan 1, 2022
2.07 B CNY
Jan 1, 2023
1.66 B CNY
Jan 1, 2024
1.16 B CNY
The CICT Mobile Communication Technology Co Debt history
YEARDebtYoY
1.16 BCNY-29.99%
1.66 BCNY-19.78%
2.07 BCNY-17.71%
2.51 BCNY-45.49%
4.61 BCNY+20.05%
3.84 BCNY—

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CICT Mobile Communication Technology Co Stock analysis

What does CICT Mobile Communication Technology Co do? CICT Mobile Communication Technology Co., Ltd. generates revenue through the sale of wireless communication products and solutions for global communication operators and industry customers. The company offers system equipment, antenna feeder equipment, room distribution equipment, industry private network equipment, and other mobile communication network equipment. Its services include mobile communication integration and network operation and maintenance, primarily targeting sectors like intelligent manufacturing, mining energy, rail transit, and network security. The firm's product portfolio serves both communication operators and specialized industry clients seeking advanced mobile network infrastructure. The company's revenue streams are derived from the provision of mobile communication network equipment and technology services. System equipment and antenna feeder equipment form key product categories, while industry private network equipment caters to specialized applications in sectors such as mining energy and rail transit. Mobile communication integration services and network operation and maintenance are significant service offerings that support ongoing client needs. These products and services are sold to global communication operators and industry customers across multiple vertical markets. CICT's business model focuses on delivering comprehensive mobile communication solutions for both infrastructure and specialized industry applications. The company's equipment and services are designed to meet the demands of sectors including intelligent manufacturing, mining energy, rail transit, and network security. By providing integrated network solutions and ongoing maintenance services, CICT establishes long-term relationships with communication operators and industry clients who require reliable mobile communication infrastructure. CICT Mobile Communication Technology Co is one of the most popular companies on Eulerpool.

Debt Details

Understanding CICT Mobile Communication Technology Co's Debt Structure

CICT Mobile Communication Technology Co's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing CICT Mobile Communication Technology Co's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to CICT Mobile Communication Technology Co’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in CICT Mobile Communication Technology Co’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about CICT Mobile Communication Technology Co stock

Debt of CICT Mobile Communication Technology Co is 1.16 B CNY in 2024.

Debt of CICT Mobile Communication Technology Co changed from 1.66 B CNY to 1.16 B CNY, representing a -29.99% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Debt CICT Mobile Communication Technology Co since 2006 – with annual values, charts, and detailed analysis.

Debt's CNY is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Debt's CICT Mobile Communication Technology Co historically and in real time.

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Balance Sheet — CICT Mobile Communication Technology Co

Total AssetsCurrent AssetsCash & EquivalentsReceivablesInventoryProperty, Plant & EquipmentGoodwillIntangible AssetsEquityLiabilitiesDebtCurrent LiabilitiesLong-term DebtShort-term DebtRetained EarningsBook Value per ShareTangible Book Value per ShareWorking CapitalInvestmentsAccounts PayableNon-Current AssetsShort-Term InvestmentsLong-Term InvestmentsNet DebtTreasury StockMinority InterestDeferred Tax LiabilitiesNet Tangible AssetsGoodwill/AssetsIntangibles/Assets

All Key Metrics — CICT Mobile Communication Technology Co