Longmaster Information & Technology Balance Sheet Health
Financial Health criteria checks 6/6
Longmaster Information & Technology has a total shareholder equity of CN¥1.7B and total debt of CN¥20.7M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are CN¥1.9B and CN¥243.0M respectively. Longmaster Information & Technology's EBIT is CN¥45.9M making its interest coverage ratio -4.2. It has cash and short-term investments of CN¥278.5M.
Key information
1.3%
Debt to equity ratio
CN¥20.67m
Debt
| Interest coverage ratio | -4.2x |
| Cash | CN¥278.54m |
| Equity | CN¥1.65b |
| Total liabilities | CN¥243.01m |
| Total assets | CN¥1.89b |
Recent financial health updates
Does Longmaster Information & Technology (SZSE:300288) Have A Healthy Balance Sheet?
Dec 12
Is Longmaster Information & Technology (SZSE:300288) Using Too Much Debt?
Mar 22Recent updates
Does Longmaster Information & Technology (SZSE:300288) Have A Healthy Balance Sheet?
Dec 12Longmaster Information & Technology's (SZSE:300288) Anemic Earnings Might Be Worse Than You Think
Nov 05Longmaster Information & Technology Co., Ltd.'s (SZSE:300288) Shares Climb 34% But Its Business Is Yet to Catch Up
Oct 02Longmaster Information & Technology (SZSE:300288) Will Be Looking To Turn Around Its Returns
Sep 30Earnings Troubles May Signal Larger Issues for Longmaster Information & Technology (SZSE:300288) Shareholders
May 02Is Longmaster Information & Technology (SZSE:300288) Using Too Much Debt?
Mar 22Longmaster Information & Technology Co., Ltd.'s (SZSE:300288) Shares Climb 44% But Its Business Is Yet to Catch Up
Mar 07Financial Position Analysis
Short Term Liabilities: 300288's short term assets (CN¥391.1M) exceed its short term liabilities (CN¥208.3M).
Long Term Liabilities: 300288's short term assets (CN¥391.1M) exceed its long term liabilities (CN¥34.7M).
Debt to Equity History and Analysis
Debt Level: 300288 has more cash than its total debt.
Reducing Debt: 300288's debt to equity ratio has reduced from 20.6% to 1.3% over the past 5 years.
Debt Coverage: 300288's debt is well covered by operating cash flow (278.5%).
Interest Coverage: 300288 earns more interest than it pays, so 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 | 2024/12/29 15:34 |
| End of Day Share Price | 2024/12/27 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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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
Longmaster Information & Technology Co., Ltd. is covered by 4 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 |
|---|---|
| Juntao Gong | Citic Securities Co., Ltd. |
| Li Qian Zhou | Everbright Securities Co. Ltd. |
| Haiqing Tang | Industrial Securities Co. Ltd. |