FIYTA Precision Technology Balance Sheet Health
Financial Health criteria checks 6/6
FIYTA Precision Technology has a total shareholder equity of CN¥3.4B and total debt of CN¥320.2M, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are CN¥4.2B and CN¥818.2M respectively. FIYTA Precision Technology's EBIT is CN¥355.4M making its interest coverage ratio 61.7. It has cash and short-term investments of CN¥537.7M.
Key information
9.5%
Debt to equity ratio
CN¥320.21m
Debt
| Interest coverage ratio | 61.7x |
| Cash | CN¥537.70m |
| Equity | CN¥3.37b |
| Total liabilities | CN¥818.16m |
| Total assets | CN¥4.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000026's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥776.1M).
Long Term Liabilities: 000026's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥42.1M).
Debt to Equity History and Analysis
Debt Level: 000026 has more cash than its total debt.
Reducing Debt: 000026's debt to equity ratio has reduced from 22.9% to 9.5% over the past 5 years.
Debt Coverage: 000026's debt is well covered by operating cash flow (147%).
Interest Coverage: 000026's interest payments on its debt are well covered by EBIT (61.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 23:15 |
| 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
FIYTA Precision Technology Co., Ltd. is covered by 12 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 |
|---|---|
| Yongxi LI | China International Capital Corporation Limited |
| Zhong Ping Zhao | China Merchants Securities Co. Ltd. |
| Wenjun Cai | China Stock Investment Research Co. Ltd. (GZ500..com) |