VT Industrial TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
VT Industrial TechnologyLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥373.4M, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are CN¥1.9B and CN¥725.5M respectively. VT Industrial TechnologyLtd's EBIT is CN¥59.3M making its interest coverage ratio 4.6. It has cash and short-term investments of CN¥582.2M.
Key information
32.0%
Debt to equity ratio
CN¥373.44m
Debt
| Interest coverage ratio | 4.6x |
| Cash | CN¥582.17m |
| Equity | CN¥1.17b |
| Total liabilities | CN¥725.50m |
| Total assets | CN¥1.89b |
Recent financial health updates
No updates
Recent updates
VT Industrial Technology Co.,Ltd's (SZSE:300707) Shares Climb 26% But Its Business Is Yet to Catch Up
Dec 02
Optimistic Investors Push VT Industrial Technology Co.,Ltd (SZSE:300707) Shares Up 42% But Growth Is Lacking
Oct 09Earnings Troubles May Signal Larger Issues for VT Industrial TechnologyLtd (SZSE:300707) Shareholders
Sep 05Returns On Capital At VT Industrial TechnologyLtd (SZSE:300707) Paint A Concerning Picture
Jul 19What VT Industrial Technology Co.,Ltd's (SZSE:300707) 28% Share Price Gain Is Not Telling You
May 21VT Industrial Technology Co.,Ltd (SZSE:300707) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected
Mar 07Financial Position Analysis
Short Term Liabilities: 300707's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥347.3M).
Long Term Liabilities: 300707's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥378.2M).
Debt to Equity History and Analysis
Debt Level: 300707 has more cash than its total debt.
Reducing Debt: 300707's debt to equity ratio has increased from 4.6% to 32% over the past 5 years.
Debt Coverage: 300707's debt is well covered by operating cash flow (32.6%).
Interest Coverage: 300707's interest payments on its debt are well covered by EBIT (4.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 08:37 |
| 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
VT Industrial Technology Co.,Ltd is covered by 0 analysts. 0 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 |
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