Micro-Tech (Nanjing) Co.,Ltd

SHSE:688029 Stock Report

Market Cap: CN¥13.0b

Micro-Tech (Nanjing)Ltd Balance Sheet Health

Financial Health criteria checks 6/6

Micro-Tech (Nanjing)Ltd has a total shareholder equity of CN¥3.8B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥4.6B and CN¥764.3M respectively. Micro-Tech (Nanjing)Ltd's EBIT is CN¥569.6M making its interest coverage ratio -6.5. It has cash and short-term investments of CN¥1.5B.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-6.5x
CashCN¥1.52b
EquityCN¥3.80b
Total liabilitiesCN¥764.31m
Total assetsCN¥4.57b

Recent financial health updates

No updates

Recent updates

Micro-Tech (Nanjing)Ltd's (SHSE:688029) Returns On Capital Are Heading Higher

Nov 21
Micro-Tech (Nanjing)Ltd's (SHSE:688029) Returns On Capital Are Heading Higher

Micro-Tech (Nanjing) Co.,Ltd's (SHSE:688029) Shares Leap 26% Yet They're Still Not Telling The Full Story

Oct 01
Micro-Tech (Nanjing) Co.,Ltd's (SHSE:688029) Shares Leap 26% Yet They're Still Not Telling The Full Story

Here's What's Concerning About Micro-Tech (Nanjing)Ltd's (SHSE:688029) Returns On Capital

Aug 07
Here's What's Concerning About Micro-Tech (Nanjing)Ltd's (SHSE:688029) Returns On Capital

Micro-Tech (Nanjing) Co.,Ltd's (SHSE:688029) Earnings Are Not Doing Enough For Some Investors

Jul 16
Micro-Tech (Nanjing) Co.,Ltd's (SHSE:688029) Earnings Are Not Doing Enough For Some Investors

An Intrinsic Calculation For Micro-Tech (Nanjing) Co.,Ltd (SHSE:688029) Suggests It's 22% Undervalued

Apr 17
An Intrinsic Calculation For Micro-Tech (Nanjing) Co.,Ltd (SHSE:688029) Suggests It's 22% Undervalued

Micro-Tech (Nanjing)Ltd (SHSE:688029) Is Reinvesting At Lower Rates Of Return

Mar 19
Micro-Tech (Nanjing)Ltd (SHSE:688029) Is Reinvesting At Lower Rates Of Return

Financial Position Analysis

Short Term Liabilities: 688029's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥688.8M).

Long Term Liabilities: 688029's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥75.5M).


Debt to Equity History and Analysis

Debt Level: 688029 is debt free.

Reducing Debt: 688029 has no debt compared to 5 years ago when its debt to equity ratio was 1.3%.

Debt Coverage: 688029 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 688029 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 12:08
End of Day Share Price 2024/12/20 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Micro-Tech (Nanjing) Co.,Ltd is covered by 15 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.

AnalystInstitution
Jin ZhangChina International Capital Corporation Limited
Bo YuChina International Capital Corporation Limited
Feifei XuChina Merchants Securities Co. Ltd.