Shandong Weigao Orthopaedic Device Balance Sheet Health
Financial Health criteria checks 6/6
Shandong Weigao Orthopaedic Device has a total shareholder equity of CN¥3.9B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥5.0B and CN¥1.1B respectively. Shandong Weigao Orthopaedic Device's EBIT is CN¥99.6M making its interest coverage ratio -1.9. It has cash and short-term investments of CN¥2.0B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -1.9x |
| Cash | CN¥2.00b |
| Equity | CN¥3.92b |
| Total liabilities | CN¥1.09b |
| Total assets | CN¥5.02b |
Recent financial health updates
No updates
Recent updates
Shandong Weigao Orthopaedic Device's (SHSE:688161) Anemic Earnings Might Be Worse Than You Think
Nov 11
After Leaping 45% Shandong Weigao Orthopaedic Device Co., Ltd (SHSE:688161) Shares Are Not Flying Under The Radar
Oct 08Returns On Capital Signal Tricky Times Ahead For Shandong Weigao Orthopaedic Device (SHSE:688161)
Oct 04Shandong Weigao Orthopaedic Device Co., Ltd's (SHSE:688161) Popularity With Investors Is Clear
Aug 20Weak Statutory Earnings May Not Tell The Whole Story For Shandong Weigao Orthopaedic Device (SHSE:688161)
May 06Financial Position Analysis
Short Term Liabilities: 688161's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥967.4M).
Long Term Liabilities: 688161's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥126.6M).
Debt to Equity History and Analysis
Debt Level: 688161 is debt free.
Reducing Debt: 688161 had no debt 5 years ago.
Debt Coverage: 688161 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688161 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 21:04 |
| End of Day Share Price | 2024/12/25 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
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Analyst Sources
Shandong Weigao Orthopaedic Device Co., Ltd is covered by 4 analysts. 1 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 |
|---|---|
| Jian Jun Zou | Chasing Securities |
| Yiling Chen | Guosen Securities Co., Ltd. |
| Jiabo Zhang | Guosen Securities Co., Ltd. |