Landai Technology Group Balance Sheet Health
Financial Health criteria checks 4/6
Landai Technology Group has a total shareholder equity of CN¥2.5B and total debt of CN¥780.6M, which brings its debt-to-equity ratio to 31.2%. Its total assets and total liabilities are CN¥5.4B and CN¥2.9B respectively. Landai Technology Group's EBIT is CN¥2.6M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥540.2M.
Key information
31.2%
Debt to equity ratio
CN¥780.56m
Debt
| Interest coverage ratio | 0.2x |
| Cash | CN¥540.20m |
| Equity | CN¥2.50b |
| Total liabilities | CN¥2.87b |
| Total assets | CN¥5.37b |
Recent financial health updates
No updates
Recent updates
Landai Technology Group (SZSE:002765) Might Have The Makings Of A Multi-Bagger
Dec 19
Landai Technology Group Corp., Ltd. (SZSE:002765) Surges 34% Yet Its Low P/S Is No Reason For Excitement
Nov 02There's No Escaping Landai Technology Group Corp., Ltd.'s (SZSE:002765) Muted Revenues Despite A 31% Share Price Rise
May 21Investors Still Aren't Entirely Convinced By Landai Technology Group Corp., Ltd.'s (SZSE:002765) Earnings Despite 29% Price Jump
Mar 07Financial Position Analysis
Short Term Liabilities: 002765's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002765's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 002765's net debt to equity ratio (9.6%) is considered satisfactory.
Reducing Debt: 002765's debt to equity ratio has increased from 14.5% to 31.2% over the past 5 years.
Debt Coverage: 002765's debt is well covered by operating cash flow (35.2%).
Interest Coverage: 002765's interest payments on its debt are not well covered by EBIT (0.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 01:07 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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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Industry and Sector Metrics
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Analyst Sources
Landai Technology Group Corp., Ltd. is covered by 8 analysts. 3 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 |
|---|---|
| Jing Chang | China International Capital Corporation Limited |
| Xue Deng | China International Capital Corporation Limited |
| Jianqi Fan | China International Capital Corporation Limited |