Shanghai Luoman Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Luoman Technologies has a total shareholder equity of CN¥1.3B and total debt of CN¥158.4M, which brings its debt-to-equity ratio to 11.8%. Its total assets and total liabilities are CN¥2.6B and CN¥1.2B respectively. Shanghai Luoman Technologies's EBIT is CN¥22.0M making its interest coverage ratio -6.3. It has cash and short-term investments of CN¥279.3M.
Key information
11.8%
Debt to equity ratio
CN¥158.39m
Debt
| Interest coverage ratio | -6.3x |
| Cash | CN¥279.31m |
| Equity | CN¥1.34b |
| Total liabilities | CN¥1.21b |
| Total assets | CN¥2.55b |
Recent financial health updates
No updates
Recent updates
Investors Appear Satisfied With Shanghai Luoman Technologies Inc.'s (SHSE:605289) Prospects As Shares Rocket 30%
Sep 26
Shanghai Luoman Technologies' (SHSE:605289) Returns On Capital Not Reflecting Well On The Business
Jun 07With A 26% Price Drop For Shanghai Luoman Technologies Inc. (SHSE:605289) You'll Still Get What You Pay For
Apr 15Calculating The Fair Value Of Shanghai Luoman Lighting Technologies Inc. (SHSE:605289)
Mar 20Shanghai Luoman Lighting Technologies Inc. (SHSE:605289) Not Flying Under The Radar
Feb 28Financial Position Analysis
Short Term Liabilities: 605289's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 605289's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥152.0M).
Debt to Equity History and Analysis
Debt Level: 605289 has more cash than its total debt.
Reducing Debt: 605289's debt to equity ratio has increased from 9.1% to 11.8% over the past 5 years.
Debt Coverage: 605289's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 605289 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 12:03 |
| End of Day Share Price | 2024/12/23 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
Shanghai Luoman Technologies Inc. is covered by 1 analysts. 1 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 |
|---|---|
| Jie Meng | Industrial Securities Co. Ltd. |