Asia Cuanon Technology (Shanghai)Ltd Balance Sheet Health
Financial Health criteria checks 1/6
Asia Cuanon Technology (Shanghai)Ltd has a total shareholder equity of CN¥1.7B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 140.8%. Its total assets and total liabilities are CN¥6.6B and CN¥4.9B respectively.
Key information
140.8%
Debt to equity ratio
CN¥2.33b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥418.00m |
| Equity | CN¥1.65b |
| Total liabilities | CN¥4.94b |
| Total assets | CN¥6.59b |
Recent financial health updates
No updates
Recent updates
There Are Reasons To Feel Uneasy About Asia Cuanon Technology (Shanghai)Ltd's (SHSE:603378) Returns On Capital
May 22
Earnings Report: Asia Cuanon Technology (Shanghai) Co.,Ltd. Missed Revenue Estimates By 33%
May 02The Market Lifts Asia Cuanon Technology (Shanghai) Co.,Ltd. (SHSE:603378) Shares 28% But It Can Do More
Mar 20Financial Position Analysis
Short Term Liabilities: 603378's short term assets (CN¥2.7B) do not cover its short term liabilities (CN¥4.2B).
Long Term Liabilities: 603378's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥752.9M).
Debt to Equity History and Analysis
Debt Level: 603378's net debt to equity ratio (115.5%) is considered high.
Reducing Debt: 603378's debt to equity ratio has increased from 29.7% to 140.8% over the past 5 years.
Debt Coverage: 603378's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: Insufficient data to determine if 603378's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 17:58 |
| End of Day Share Price | 2024/12/31 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
Asia Cuanon Technology (Shanghai) Co.,Ltd. is covered by 12 analysts. 4 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 |
|---|---|
| Ce Zhou | Chasing Securities |
| Ting Wang | China Galaxy Securities Co., Ltd. |
| Qing Gong | China International Capital Corporation Limited |