Focused Photonics (Hangzhou) Balance Sheet Health
Financial Health criteria checks 2/6
Focused Photonics (Hangzhou) has a total shareholder equity of CN¥3.3B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 105.8%. Its total assets and total liabilities are CN¥9.4B and CN¥6.1B respectively. Focused Photonics (Hangzhou)'s EBIT is CN¥21.6M making its interest coverage ratio 0.4. It has cash and short-term investments of CN¥1.0B.
Key information
105.8%
Debt to equity ratio
CN¥3.46b
Debt
| Interest coverage ratio | 0.4x |
| Cash | CN¥1.01b |
| Equity | CN¥3.27b |
| Total liabilities | CN¥6.12b |
| Total assets | CN¥9.39b |
Recent financial health updates
Focused Photonics (Hangzhou) (SZSE:300203) Is Making Moderate Use Of Debt
Sep 27
Is Focused Photonics (Hangzhou) (SZSE:300203) Weighed On By Its Debt Load?
Jun 26Recent updates
Improved Revenues Required Before Focused Photonics (Hangzhou), Inc. (SZSE:300203) Stock's 31% Jump Looks Justified
Oct 01Focused Photonics (Hangzhou) (SZSE:300203) Is Making Moderate Use Of Debt
Sep 27Is Focused Photonics (Hangzhou) (SZSE:300203) Weighed On By Its Debt Load?
Jun 26Not Many Are Piling Into Focused Photonics (Hangzhou), Inc. (SZSE:300203) Stock Yet As It Plummets 32%
Apr 19Focused Photonics (Hangzhou), Inc. (SZSE:300203) Stock Rockets 28% But Many Are Still Ignoring The Company
Mar 05Financial Position Analysis
Short Term Liabilities: 300203's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: 300203's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥2.6B).
Debt to Equity History and Analysis
Debt Level: 300203's net debt to equity ratio (75%) is considered high.
Reducing Debt: 300203's debt to equity ratio has increased from 67.1% to 105.8% over the past 5 years.
Debt Coverage: 300203's debt is not well covered by operating cash flow (19.7%).
Interest Coverage: 300203's interest payments on its debt are not well covered by EBIT (0.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 03:00 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Focused Photonics (Hangzhou), Inc. is covered by 20 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 |
|---|---|
| Xian Gong Ren | Bohai Securities Co., Ltd. |
| Ying Deng | Changjiang Securities Co. LTD. |
| Hongwei Huang | Chasing Securities |