Opple LightingLTD Balance Sheet Health
Financial Health criteria checks 6/6
Opple LightingLTD has a total shareholder equity of CN¥6.5B and total debt of CN¥169.1M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are CN¥9.4B and CN¥2.9B respectively. Opple LightingLTD's EBIT is CN¥734.8M making its interest coverage ratio -5. It has cash and short-term investments of CN¥5.2B.
Key information
2.6%
Debt to equity ratio
CN¥169.06m
Debt
| Interest coverage ratio | -5x |
| Cash | CN¥5.22b |
| Equity | CN¥6.49b |
| Total liabilities | CN¥2.88b |
| Total assets | CN¥9.37b |
Recent financial health updates
Opple LightingLTD (SHSE:603515) Could Easily Take On More Debt
Oct 16
Opple LightingLTD (SHSE:603515) Could Easily Take On More Debt
Jun 08Recent updates
Returns On Capital Signal Tricky Times Ahead For Opple LightingLTD (SHSE:603515)
Nov 24Earnings Troubles May Signal Larger Issues for Opple LightingLTD (SHSE:603515) Shareholders
Nov 05Opple LightingLTD (SHSE:603515) Could Easily Take On More Debt
Oct 16There's No Escaping Opple Lighting Co.,LTD's (SHSE:603515) Muted Earnings Despite A 28% Share Price Rise
Oct 01A Look At The Fair Value Of Opple Lighting Co.,LTD (SHSE:603515)
Sep 17Downgrade: Here's How Analysts See Opple Lighting Co.,LTD (SHSE:603515) Performing In The Near Term
Sep 02The Returns At Opple LightingLTD (SHSE:603515) Aren't Growing
Jun 23Opple LightingLTD (SHSE:603515) Could Easily Take On More Debt
Jun 08Opple Lighting Co.,LTD (SHSE:603515) Looks Inexpensive But Perhaps Not Attractive Enough
Apr 14Be Wary Of Opple LightingLTD (SHSE:603515) And Its Returns On Capital
Feb 28Financial Position Analysis
Short Term Liabilities: 603515's short term assets (CN¥6.6B) exceed its short term liabilities (CN¥2.8B).
Long Term Liabilities: 603515's short term assets (CN¥6.6B) exceed its long term liabilities (CN¥82.3M).
Debt to Equity History and Analysis
Debt Level: 603515 has more cash than its total debt.
Reducing Debt: 603515's debt to equity ratio has reduced from 6.9% to 2.6% over the past 5 years.
Debt Coverage: 603515's debt is well covered by operating cash flow (547.1%).
Interest Coverage: 603515 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 | 2024/12/22 00:16 |
| End of Day Share Price | 2024/12/20 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
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
Opple Lighting Co.,LTD is covered by 18 analysts. 7 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 |
|---|---|
| Hongwei Huang | Chasing Securities |
| Wei He | China International Capital Corporation Limited |
| Jinxing Shi | China Merchants Securities Co. Ltd. |