Zhejiang Jinghua Laser TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Jinghua Laser TechnologyLtd has a total shareholder equity of CN¥1.0B and total debt of CN¥319.5M, which brings its debt-to-equity ratio to 31%. Its total assets and total liabilities are CN¥1.6B and CN¥570.3M respectively. Zhejiang Jinghua Laser TechnologyLtd's EBIT is CN¥107.1M making its interest coverage ratio -10.6. It has cash and short-term investments of CN¥644.9M.
Key information
31.0%
Debt to equity ratio
CN¥319.50m
Debt
| Interest coverage ratio | -10.6x |
| Cash | CN¥644.90m |
| Equity | CN¥1.03b |
| Total liabilities | CN¥570.27m |
| Total assets | CN¥1.60b |
Recent financial health updates
No updates
Recent updates
Zhejiang Jinghua Laser Technology Co.,Ltd's (SHSE:603607) 26% Share Price Surge Not Quite Adding Up
Dec 16
Zhejiang Jinghua Laser TechnologyLtd (SHSE:603607) Hasn't Managed To Accelerate Its Returns
Dec 14Optimistic Investors Push Zhejiang Jinghua Laser Technology Co.,Ltd (SHSE:603607) Shares Up 30% But Growth Is Lacking
Sep 24Returns On Capital At Zhejiang Jinghua Laser TechnologyLtd (SHSE:603607) Have Stalled
Aug 28Zhejiang Jinghua Laser Technology Co.,Ltd's (SHSE:603607) Share Price Not Quite Adding Up
Jul 19There Are Reasons To Feel Uneasy About Zhejiang Jinghua Laser TechnologyLtd's (SHSE:603607) Returns On Capital
Mar 26Risks To Shareholder Returns Are Elevated At These Prices For Zhejiang Jinghua Laser Technology Co.,Ltd (SHSE:603607)
Mar 02Financial Position Analysis
Short Term Liabilities: 603607's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥560.4M).
Long Term Liabilities: 603607's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥9.9M).
Debt to Equity History and Analysis
Debt Level: 603607 has more cash than its total debt.
Reducing Debt: 603607's debt to equity ratio has increased from 0% to 31% over the past 5 years.
Debt Coverage: 603607's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: 603607 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 | 2024/12/27 11:06 |
| 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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Industry and Sector Metrics
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Analyst Sources
Zhejiang Jinghua Laser Technology Co.,Ltd is covered by 0 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 |
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