Lancy Balance Sheet Health

Financial Health criteria checks 4/6

Lancy has a total shareholder equity of CN¥3.8B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 40%. Its total assets and total liabilities are CN¥8.3B and CN¥4.5B respectively. Lancy's EBIT is CN¥360.4M making its interest coverage ratio 7.4. It has cash and short-term investments of CN¥644.7M.

Key information

40.0%

Debt to equity ratio

CN¥1.52b

Debt

Interest coverage ratio7.4x
CashCN¥644.68m
EquityCN¥3.79b
Total liabilitiesCN¥4.48b
Total assetsCN¥8.27b

Recent financial health updates

Recent updates

We Like These Underlying Return On Capital Trends At Lancy (SZSE:002612)

Dec 16
We Like These Underlying Return On Capital Trends At Lancy (SZSE:002612)

These 4 Measures Indicate That Lancy (SZSE:002612) Is Using Debt Reasonably Well

Dec 02
These 4 Measures Indicate That Lancy (SZSE:002612) Is Using Debt Reasonably Well

Lancy Co., Ltd. (SZSE:002612) Screens Well But There Might Be A Catch

Nov 10
Lancy Co., Ltd. (SZSE:002612) Screens Well But There Might Be A Catch

An Intrinsic Calculation For Lancy Co., Ltd. (SZSE:002612) Suggests It's 35% Undervalued

Oct 09
An Intrinsic Calculation For Lancy Co., Ltd. (SZSE:002612) Suggests It's 35% Undervalued

Fewer Investors Than Expected Jumping On Lancy Co., Ltd. (SZSE:002612)

Jul 24
Fewer Investors Than Expected Jumping On Lancy Co., Ltd. (SZSE:002612)

We Like These Underlying Return On Capital Trends At Lancy (SZSE:002612)

Jun 21
We Like These Underlying Return On Capital Trends At Lancy (SZSE:002612)

Here's Why Lancy (SZSE:002612) Can Manage Its Debt Responsibly

May 29
Here's Why Lancy (SZSE:002612) Can Manage Its Debt Responsibly

Is Lancy Co., Ltd. (SZSE:002612) Potentially Undervalued?

Mar 25
Is Lancy Co., Ltd. (SZSE:002612) Potentially Undervalued?

Here's What To Make Of Lancy's (SZSE:002612) Decelerating Rates Of Return

Feb 28
Here's What To Make Of Lancy's (SZSE:002612) Decelerating Rates Of Return

Financial Position Analysis

Short Term Liabilities: 002612's short term assets (CN¥2.3B) do not cover its short term liabilities (CN¥3.1B).

Long Term Liabilities: 002612's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥1.4B).


Debt to Equity History and Analysis

Debt Level: 002612's net debt to equity ratio (23%) is considered satisfactory.

Reducing Debt: 002612's debt to equity ratio has increased from 32.5% to 40% over the past 5 years.

Debt Coverage: 002612's debt is well covered by operating cash flow (33.4%).

Interest Coverage: 002612's interest payments on its debt are well covered by EBIT (7.4x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 13:33
End of Day Share Price 2024/12/25 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Lancy Co., Ltd. is covered by 16 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yu LeiChangjiang Securities Co. LTD.
Zhuonan XuChina International Capital Corporation Limited
Yu SunChina Merchants Securities Co. Ltd.