Loctek Ergonomic Technology Balance Sheet Health
Financial Health criteria checks 5/6
Loctek Ergonomic Technology has a total shareholder equity of CN¥3.2B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 83.1%. Its total assets and total liabilities are CN¥8.9B and CN¥5.8B respectively. Loctek Ergonomic Technology's EBIT is CN¥334.6M making its interest coverage ratio 6.3. It has cash and short-term investments of CN¥2.6B.
Key information
83.1%
Debt to equity ratio
CN¥2.64b
Debt
| Interest coverage ratio | 6.3x |
| Cash | CN¥2.61b |
| Equity | CN¥3.17b |
| Total liabilities | CN¥5.78b |
| Total assets | CN¥8.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300729's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 300729's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥3.1B).
Debt to Equity History and Analysis
Debt Level: 300729's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: 300729's debt to equity ratio has increased from 50.8% to 83.1% over the past 5 years.
Debt Coverage: 300729's debt is well covered by operating cash flow (30.6%).
Interest Coverage: 300729's interest payments on its debt are well covered by EBIT (6.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 17:41 |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Loctek Ergonomic Technology Corp. is covered by 7 analysts. 5 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 |
|---|---|
| Bairu Chen | China Galaxy Securities Co., Ltd. |
| Peihang Lyu | China International Capital Corporation Limited |
| Zhong Ping Zhao | China Merchants Securities Co. Ltd. |