Pintec maintains a severely distressed capital structure with total liabilities of $496.5 million vastly exceeding total assets of $96.4 million, resulting in a negative equity position of -$414.1 million.
| Total Current Assets | 88.72M | 94.48M | 108.2M | 389.19M | 526.91M | 720.9M | 1.16B | 2.21B | 2.23B | 522.64M |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 52.95M | 1.51M | 641K | -255K | 1.1M | 52.44M | 386.18M | 255.41M | 20.2M | 0 |
| Total Non-Current Assets | 7.63M | 8.96M | 5M | 139.68M | 234.32M | 257.6M | 400.74M | 157.77M | 224.6M | 39.33M |
| Property, Plant & Equipment | 970K | 1.79M | 0 | 89.8M | 95.69M | 107.21M | 14.32M | 7.81M | 6.65M | 4.83M |
| Fixed Asset Turnover | 25.76x | 19.63x | - | 0.83x | 1.81x | 3.53x | 89.77x | 205.44x | 85.56x | 11.35x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 35.16M | 25.68M | 25.68M | 25.68M |
| Intangible Assets | 0 | 0 | 0 | 9.88M | 9.88M | 16.67M | 49.79M | 5.42M | 7.21M | 8.81M |
| Long-Term Investments | 0 | 0 | 0 | 35M | 122.76M | 121.88M | 112.25M | 63.08M | 6.44M | 0 |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 96.36M | 103.44M | 113.2M | 528.87M | 761.23M | 978.5M | 1.56B | 2.37B | 2.45B | 561.97M |
| Asset Turnover | 0.36x | 0.34x | 0.47x | 0.14x | 0.23x | 0.39x | 0.82x | 0.68x | 0.23x | 0.10x |
| Asset Growth % | -49.65% | -8.62% | -78.6% | -30.52% | -22.2% | -37.3% | -34.1% | -3.38% | 336.11% | - |
| Total Current Liabilities | 492.51M | 493.25M | 488.3M | 525.99M | 404.97M | 521.61M | 1.08B | 1.28B | 2.02B | 571.18M |
| Accounts Payable | 2.45M | 4.09M | 4.98M | 22.68M | 21.4M | 10.36M | 57.72M | 52.81M | 97.03M | 9.66M |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 2.87M | 1.82M | 0 | 113M | 30K | 132.84M | 721.26M | 914.98M | 1.46B | 382.28M |
| Deferred Revenue (Current) | 0 | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 18.44M | 2.78M | 4.33M | 15.03M | 22.31M | 38.9M | 124.13M | 30.84M | 75K | 4.47M |
| Current Ratio | 0.18x | 0.19x | 0.22x | 0.74x | 1.30x | 1.38x | 1.07x | 1.73x | 1.10x | 0.92x |
| Quick Ratio | 0.18x | 0.19x | 0.22x | 0.74x | 1.30x | 1.38x | 1.07x | 1.73x | 1.10x | 0.92x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 4M | 5.3M | 4.78M | 250.02M | 421.3M | 408.85M | 120.29M | 30.25M | 489.67M | 0 |
| Long-Term Debt | 0 | 0 | 0 | 236.75M | 400M | 400M | 101.5M | 21.5M | 469.73M | 0 |
| Capital Lease Obligations | 0 | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | 0 | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 496.51M | 498.56M | 493.08M | 776.01M | 826.26M | 930.45M | 1.2B | 1.31B | 2.51B | 571.18M |
| Total Debt | 3.32M | 4.68M | 0 | 349.75M | 400.03M | 532.84M | 822.76M | 936.48M | 1.93B | 382.28M |
| Net Debt | -30.58M | -22.27M | -40.51M | 100.03M | 182.13M | 155.68M | 720.01M | 479.03M | 1.56B | 354.99M |
| Debt / Equity | -0.01x | - | - | - | - | 11.09x | 2.29x | 0.89x | - | - |
| Debt / EBITDA | -0.60x | - | - | - | - | - | - | 58.67x | - | - |
| Net Debt / EBITDA | 5.51x | - | - | - | - | - | - | 30.01x | - | - |
| Interest Coverage | -613.85x | - | -6.24x | -7.04x | -2.14x | -6.19x | -46.56x | - | - | - |
| Total Equity | -400.15M | -395.12M | -379.88M | -247.14M | -65.03M | 48.05M | 358.72M | 1.06B | -62.2M | -9.21M |
| Equity Growth % | -14.05% | -4.01% | -53.71% | -280.04% | -235.34% | -86.61% | -66.07% | 1799.94% | -575.67% | - |
| Book Value per Share | -883.72 | -872.60 | -940.65 | -1008.77 | -265.79 | 197.96 | 1557.56 | 12811.58 | -1213.04 | -196.80 |
| Total Shareholders' Equity | -414.05M | -408.87M | -392.95M | -402.05M | -224.93M | -118.94M | 189.53M | 1.06B | -62.2M | -9.21M |
| Common Stock | 496K | 496K | 496K | 275K | 275K | 274K | 254K | 228K | 0 | 0 |
| Retained Earnings | -2.52B | -2.53B | -2.51B | -2.45B | -2.26B | -2.16B | -1.86B | -872.7M | 0 | -9.21M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 72.84M | 82.43M | 73.61M | 47.68M | 40.4M | 50.68M | 72.55M | 32.75M | 0 | 0 |
| Minority Interest | 13.9M | 13.75M | 13.08M | 154.91M | 159.9M | 166.99M | 169.19M | 0 | 0 | 0 |
Severe equity insolvency risk
According to the company's historical financial filings, Pintec's equity position has remained deeply negative at -$414.1 million as of 2025Q2, reflecting a persistent trend of capital erosion that underscores the firm's inability to generate retained earnings or stabilize its balance sheet over the past ten quarters.
The consistent negative equity balance suggests that the company has effectively exhausted its shareholder capital, leaving the firm in a state of technical insolvency. This trajectory indicates that the business model has failed to create value, as the accumulated deficit of $2.5 billion continues to weigh heavily on the firm's financial standing.
Based on the most recent quarterly data, Pintec's current ratio stands at a precarious 0.18, indicating that the company's liquid assets are insufficient to cover its short-term obligations, a trend that has persisted throughout the last ten quarters as reported in financial statements.
A current ratio well below 1.0 suggests that the company faces significant liquidity pressure and may struggle to meet its immediate financial commitments without external support or further asset liquidation. Investors should monitor this metric closely, as the lack of a sufficient liquidity buffer leaves the firm highly vulnerable to any sudden shifts in credit market conditions.
As reported in recent financial statements, Pintec's equity has remained in a deep deficit of -$414.1 million, a figure that has shown little improvement over the last ten quarters and highlights the severe impact of accumulated losses on the company's overall financial health.
The persistent negative equity position suggests that the company's historical losses have completely eroded the capital invested by shareholders. This state of affairs implies that the firm is operating under significant financial distress, with little to no cushion to absorb further operational setbacks or regulatory shocks.
Based on the provided balance sheet data, the company's total assets of $96.4 million are heavily outweighed by $496.5 million in liabilities, creating a structural imbalance that warrants further investigation into the nature of these obligations and their potential impact on future solvency.
The massive disparity between assets and liabilities suggests that the company may be carrying significant off-balance-sheet risks or contingent liabilities related to its credit facilitation guarantees. This structural imbalance makes the headline asset figures potentially misleading, as they do not appear to reflect the full extent of the firm's financial commitments.
Quick answers to the most common questions about buying PT stock.
As of 2024, Pintec Technology Holdings Limited (PT) had total assets of $103.4M including $94.5M in current assets.
Pintec Technology Holdings Limited (PT) carries total debt of $4.7M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Pintec Technology Holdings Limited (PT) has total shareholders' equity (book value) of $-408.9M ($-872.60 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Pintec Technology Holdings Limited (PT) reported a current ratio of 0.19x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.