Eyebright Medical Technology (Beijing) Co., Ltd.

SHSE:688050 Stock Report

Market Cap: CN¥17.1b

Eyebright Medical Technology (Beijing) Balance Sheet Health

Financial Health criteria checks 5/6

Eyebright Medical Technology (Beijing) has a total shareholder equity of CN¥2.5B and total debt of CN¥614.8M, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are CN¥3.4B and CN¥863.1M respectively. Eyebright Medical Technology (Beijing)'s EBIT is CN¥412.0M making its interest coverage ratio 34.3. It has cash and short-term investments of CN¥469.3M.

Key information

24.2%

Debt to equity ratio

CN¥614.83m

Debt

Interest coverage ratio34.3x
CashCN¥469.25m
EquityCN¥2.54b
Total liabilitiesCN¥863.14m
Total assetsCN¥3.41b

Recent financial health updates

Recent updates

We Think That There Are Some Issues For Eyebright Medical Technology (Beijing) (SHSE:688050) Beyond Its Promising Earnings

Nov 06
We Think That There Are Some Issues For Eyebright Medical Technology (Beijing) (SHSE:688050) Beyond Its Promising Earnings

Returns At Eyebright Medical Technology (Beijing) (SHSE:688050) Are On The Way Up

Oct 18
Returns At Eyebright Medical Technology (Beijing) (SHSE:688050) Are On The Way Up

Eyebright Medical Technology (Beijing) Co., Ltd. (SHSE:688050) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable

Oct 01
Eyebright Medical Technology (Beijing) Co., Ltd. (SHSE:688050) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable

Eyebright Medical Technology (Beijing) Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

Aug 23
Eyebright Medical Technology (Beijing) Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

Returns Are Gaining Momentum At Eyebright Medical Technology (Beijing) (SHSE:688050)

Jul 15
Returns Are Gaining Momentum At Eyebright Medical Technology (Beijing) (SHSE:688050)

Eyebright Medical Technology (Beijing) Co., Ltd.'s (SHSE:688050) 55% Price Boost Is Out Of Tune With Earnings

Jun 10
Eyebright Medical Technology (Beijing) Co., Ltd.'s (SHSE:688050) 55% Price Boost Is Out Of Tune With Earnings

Is Eyebright Medical Technology (Beijing) (SHSE:688050) Using Too Much Debt?

May 13
Is Eyebright Medical Technology (Beijing) (SHSE:688050) Using Too Much Debt?

Eyebright Medical Technology (Beijing)'s (SHSE:688050) Profits May Not Reveal Underlying Issues

Apr 24
Eyebright Medical Technology (Beijing)'s (SHSE:688050) Profits May Not Reveal Underlying Issues

Eyebright Medical Technology (Beijing) Co., Ltd. Just Recorded A 22% Revenue Beat: Here's What Analysts Think

Apr 21
Eyebright Medical Technology (Beijing) Co., Ltd. Just Recorded A 22% Revenue Beat: Here's What Analysts Think

Eyebright Medical Technology (Beijing) Co., Ltd. (SHSE:688050) May Have Run Too Fast Too Soon With Recent 26% Price Plummet

Mar 25
Eyebright Medical Technology (Beijing) Co., Ltd. (SHSE:688050) May Have Run Too Fast Too Soon With Recent 26% Price Plummet

A Look At The Fair Value Of Eyebright Medical Technology (Beijing) Co., Ltd. (SHSE:688050)

Mar 18
A Look At The Fair Value Of Eyebright Medical Technology (Beijing) Co., Ltd. (SHSE:688050)

Returns On Capital Are Showing Encouraging Signs At Eyebright Medical Technology (Beijing) (SHSE:688050)

Mar 01
Returns On Capital Are Showing Encouraging Signs At Eyebright Medical Technology (Beijing) (SHSE:688050)

Financial Position Analysis

Short Term Liabilities: 688050's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥247.5M).

Long Term Liabilities: 688050's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥615.6M).


Debt to Equity History and Analysis

Debt Level: 688050's net debt to equity ratio (5.7%) is considered satisfactory.

Reducing Debt: 688050's debt to equity ratio has increased from 0.1% to 24.2% over the past 5 years.

Debt Coverage: 688050's debt is well covered by operating cash flow (48.6%).

Interest Coverage: 688050's interest payments on its debt are well covered by EBIT (34.3x coverage).


Balance Sheet


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