Mingyue Optical Lens Co.,Ltd.

SZSE:301101 Stock Report

Market Cap: CN¥10.7b

Mingyue Optical LensLtd Balance Sheet Health

Financial Health criteria checks 5/6

Mingyue Optical LensLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥29.6M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are CN¥1.9B and CN¥179.6M respectively. Mingyue Optical LensLtd's EBIT is CN¥196.0M making its interest coverage ratio -32.3. It has cash and short-term investments of CN¥1.3B.

Key information

1.67%

Debt to equity ratio

CN¥29.57m

Debt

Interest coverage ratio-32.3x
CashCN¥1.30b
EquityCN¥1.77b
Total liabilitiesCN¥179.65m
Total assetsCN¥1.95b

Recent financial health updates

No updates

Recent updates

Mingyue Optical LensLtd (SZSE:301101) Could Be Struggling To Allocate Capital

Mar 09
Mingyue Optical LensLtd (SZSE:301101) Could Be Struggling To Allocate Capital

Mingyue Optical Lens Co.,Ltd.'s (SZSE:301101) Shares Climb 31% But Its Business Is Yet to Catch Up

Feb 10
Mingyue Optical Lens Co.,Ltd.'s (SZSE:301101) Shares Climb 31% But Its Business Is Yet to Catch Up

Optimistic Investors Push Mingyue Optical Lens Co.,Ltd. (SZSE:301101) Shares Up 39% But Growth Is Lacking

Nov 27
Optimistic Investors Push Mingyue Optical Lens Co.,Ltd. (SZSE:301101) Shares Up 39% But Growth Is Lacking

Mingyue Optical Lens Co.,Ltd.'s (SZSE:301101) 39% Share Price Surge Not Quite Adding Up

Nov 27
Mingyue Optical Lens Co.,Ltd.'s (SZSE:301101) 39% Share Price Surge Not Quite Adding Up

Concerns Surrounding Mingyue Optical LensLtd's (SZSE:301101) Performance

Nov 01
Concerns Surrounding Mingyue Optical LensLtd's (SZSE:301101) Performance

Mingyue Optical LensLtd (SZSE:301101) May Have Issues Allocating Its Capital

Sep 30
Mingyue Optical LensLtd (SZSE:301101) May Have Issues Allocating Its Capital

Mingyue Optical Lens Co.,Ltd.'s (SZSE:301101) Shares Climb 36% But Its Business Is Yet to Catch Up

Aug 26
Mingyue Optical Lens Co.,Ltd.'s (SZSE:301101) Shares Climb 36% But Its Business Is Yet to Catch Up

Mingyue Optical Lens Co.,Ltd.'s (SZSE:301101) Earnings Are Not Doing Enough For Some Investors

Jun 21
Mingyue Optical Lens Co.,Ltd.'s (SZSE:301101) Earnings Are Not Doing Enough For Some Investors

Mingyue Optical LensLtd's (SZSE:301101) Dividend Will Be CN¥0.30

May 24
Mingyue Optical LensLtd's (SZSE:301101) Dividend Will Be CN¥0.30

We Think You Should Be Aware Of Some Concerning Factors In Mingyue Optical LensLtd's (SZSE:301101) Earnings

May 01
We Think You Should Be Aware Of Some Concerning Factors In Mingyue Optical LensLtd's (SZSE:301101) Earnings

Mingyue Optical LensLtd (SZSE:301101) Will Want To Turn Around Its Return Trends

Apr 12
Mingyue Optical LensLtd (SZSE:301101) Will Want To Turn Around Its Return Trends

Mingyue Optical Lens Co.,Ltd.'s (SZSE:301101) Popularity With Investors Is Under Threat From Overpricing

Mar 05
Mingyue Optical Lens Co.,Ltd.'s (SZSE:301101) Popularity With Investors Is Under Threat From Overpricing

Financial Position Analysis

Short Term Liabilities: 301101's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥141.4M).

Long Term Liabilities: 301101's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥38.2M).

Debt to Equity History and Analysis

Debt Level: 301101 has more cash than its total debt.

Reducing Debt: 301101's debt to equity ratio has increased from 0% to 1.7% over the past 5 years.

Debt Coverage: 301101's debt is well covered by operating cash flow (661.9%).

Interest Coverage: 301101 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

DataLast Updated (UTC time)
Company Analysis2025/05/13 23:38
End of Day Share Price 2025/05/13 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Mingyue Optical Lens Co.,Ltd. is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bairu ChenChina Galaxy Securities Co., Ltd.
Zhuonan XuChina International Capital Corporation Limited
Qinglong GuoHaitong International Research Limited