Hangzhou Weiguang ElectronicLtd Balance Sheet Health
Financial Health criteria checks 6/6
Hangzhou Weiguang ElectronicLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.0B and CN¥363.8M respectively. Hangzhou Weiguang ElectronicLtd's EBIT is CN¥311.2M making its interest coverage ratio -15. It has cash and short-term investments of CN¥787.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -15x |
| Cash | CN¥787.20m |
| Equity | CN¥1.67b |
| Total liabilities | CN¥363.83m |
| Total assets | CN¥2.03b |
Recent financial health updates
No updates
Recent updates
There May Be Some Bright Spots In Hangzhou Weiguang ElectronicLtd's (SZSE:002801) Earnings
Nov 04
Hangzhou Weiguang Electronic Co.,Ltd.'s (SZSE:002801) Popularity With Investors Is Clear
Sep 29Investors Can Find Comfort In Hangzhou Weiguang ElectronicLtd's (SZSE:002801) Earnings Quality
May 06Hangzhou Weiguang Electronic Co.,Ltd. (SZSE:002801) Surges 29% Yet Its Low P/E Is No Reason For Excitement
Mar 06Financial Position Analysis
Short Term Liabilities: 002801's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥352.5M).
Long Term Liabilities: 002801's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥11.4M).
Debt to Equity History and Analysis
Debt Level: 002801 is debt free.
Reducing Debt: 002801 has no debt compared to 5 years ago when its debt to equity ratio was 3%.
Debt Coverage: 002801 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002801 has no debt, therefore 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 | 2024/12/24 16:18 |
| End of Day Share Price | 2024/12/24 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
Hangzhou Weiguang Electronic Co.,Ltd. is covered by 6 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 |
|---|---|
| Hongbao Zhang | China Merchants Securities Co. Ltd. |
| Rui Bin Dong | China Merchants Securities Co. Ltd. |
| Yi Liu | Citic Securities Co., Ltd. |