Western Superconducting Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Western Superconducting Technologies has a total shareholder equity of CN¥7.1B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 37.3%. Its total assets and total liabilities are CN¥12.7B and CN¥5.6B respectively. Western Superconducting Technologies's EBIT is CN¥789.1M making its interest coverage ratio 16.1. It has cash and short-term investments of CN¥2.1B.
Key information
37.3%
Debt to equity ratio
CN¥2.64b
Debt
| Interest coverage ratio | 16.1x |
| Cash | CN¥2.11b |
| Equity | CN¥7.08b |
| Total liabilities | CN¥5.60b |
| Total assets | CN¥12.68b |
Recent financial health updates
Is Western Superconducting Technologies (SHSE:688122) Using Too Much Debt?
Dec 17
Does Western Superconducting Technologies (SHSE:688122) Have A Healthy Balance Sheet?
Jul 30Does Western Superconducting Technologies (SHSE:688122) Have A Healthy Balance Sheet?
Apr 25Recent updates
Is Western Superconducting Technologies (SHSE:688122) Using Too Much Debt?
Dec 17Western Superconducting Technologies (SHSE:688122) Is Experiencing Growth In Returns On Capital
Nov 25We Think That There Are More Issues For Western Superconducting Technologies (SHSE:688122) Than Just Sluggish Earnings
Nov 06Western Superconducting Technologies Co., Ltd.'s (SHSE:688122) Popularity With Investors Is Clear
Sep 19Does Western Superconducting Technologies (SHSE:688122) Have A Healthy Balance Sheet?
Jul 30There's Been No Shortage Of Growth Recently For Western Superconducting Technologies' (SHSE:688122) Returns On Capital
Jun 19There's Reason For Concern Over Western Superconducting Technologies Co., Ltd.'s (SHSE:688122) Price
May 28Western Superconducting Technologies' (SHSE:688122) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 06Does Western Superconducting Technologies (SHSE:688122) Have A Healthy Balance Sheet?
Apr 25Time To Worry? Analysts Are Downgrading Their Western Superconducting Technologies Co., Ltd. (SHSE:688122) Outlook
Apr 03Financial Position Analysis
Short Term Liabilities: 688122's short term assets (CN¥9.9B) exceed its short term liabilities (CN¥4.3B).
Long Term Liabilities: 688122's short term assets (CN¥9.9B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 688122's net debt to equity ratio (7.5%) is considered satisfactory.
Reducing Debt: 688122's debt to equity ratio has reduced from 42.8% to 37.3% over the past 5 years.
Debt Coverage: 688122's debt is well covered by operating cash flow (20.4%).
Interest Coverage: 688122's interest payments on its debt are well covered by EBIT (16.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 03:19 |
| 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
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
Western Superconducting Technologies Co., Ltd. is covered by 11 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.
| Analyst | Institution |
|---|---|
| Liang Li | China Galaxy Securities Co., Ltd. |
| Hongbao Zhang | China Merchants Securities Co. Ltd. |
| Chao Hua | Guosen Securities Co., Ltd. |