Wuxi Longsheng TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Wuxi Longsheng TechnologyLtd has a total shareholder equity of CN¥1.9B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 65.1%. Its total assets and total liabilities are CN¥3.8B and CN¥1.9B respectively. Wuxi Longsheng TechnologyLtd's EBIT is CN¥221.1M making its interest coverage ratio 13.2. It has cash and short-term investments of CN¥672.0M.
Key information
65.1%
Debt to equity ratio
CN¥1.22b
Debt
| Interest coverage ratio | 13.2x |
| Cash | CN¥672.01m |
| Equity | CN¥1.88b |
| Total liabilities | CN¥1.92b |
| Total assets | CN¥3.80b |
Recent financial health updates
Recent updates
Wuxi Longsheng Technology Co.,Ltd (SZSE:300680) Soars 50% But It's A Story Of Risk Vs Reward
Nov 15
Wuxi Longsheng TechnologyLtd (SZSE:300680) Seems To Use Debt Quite Sensibly
Nov 14A Piece Of The Puzzle Missing From Wuxi Longsheng Technology Co.,Ltd's (SZSE:300680) Share Price
Sep 30Impressive Earnings May Not Tell The Whole Story For Wuxi Longsheng TechnologyLtd (SZSE:300680)
Aug 26Wuxi Longsheng TechnologyLtd (SZSE:300680) Has Announced That It Will Be Increasing Its Dividend To CN¥0.20
Jun 17A Piece Of The Puzzle Missing From Wuxi Longsheng Technology Co.,Ltd's (SZSE:300680) 32% Share Price Climb
May 28Wuxi Longsheng Technology Co.,Ltd's (SZSE:300680) P/E Is Still On The Mark Following 30% Share Price Bounce
Mar 06Financial Position Analysis
Short Term Liabilities: 300680's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 300680's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥311.4M).
Debt to Equity History and Analysis
Debt Level: 300680's net debt to equity ratio (29.4%) is considered satisfactory.
Reducing Debt: 300680's debt to equity ratio has increased from 43.7% to 65.1% over the past 5 years.
Debt Coverage: 300680's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: 300680's interest payments on its debt are well covered by EBIT (13.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 02:27 |
| End of Day Share Price | 2024/12/25 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Wuxi Longsheng Technology Co.,Ltd is covered by 3 analysts. 4 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 |
|---|---|
| Xue Deng | China International Capital Corporation Limited |
| Jiang Shao | Tianfeng Securities Brokerage Co., Ltd |
| Junyi He | Zhongtai Securities Co. Ltd. |