Optics Technology HoldingLtd Balance Sheet Health
Financial Health criteria checks 3/6
Optics Technology HoldingLtd has a total shareholder equity of CN¥863.0M and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 254.4%. Its total assets and total liabilities are CN¥4.0B and CN¥3.1B respectively.
Key information
254.4%
Debt to equity ratio
CN¥2.20b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥164.84m |
| Equity | CN¥862.99m |
| Total liabilities | CN¥3.10b |
| Total assets | CN¥3.97b |
Recent financial health updates
No updates
Recent updates
Market Participants Recognise Optics Technology Holding Co.,Ltd's (SZSE:300489) Revenues Pushing Shares 57% Higher
Oct 14
Why Investors Shouldn't Be Surprised By Optics Technology Holding Co.,Ltd's (SZSE:300489) P/S
Jun 26Investors Appear Satisfied With Optics Technology Holding Co.,Ltd's (SZSE:300489) Prospects As Shares Rocket 28%
Mar 07Financial Position Analysis
Short Term Liabilities: 300489's short term assets (CN¥1.5B) do not cover its short term liabilities (CN¥1.6B).
Long Term Liabilities: 300489's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 300489's net debt to equity ratio (235.3%) is considered high.
Reducing Debt: 300489's debt to equity ratio has increased from 14.4% to 254.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 300489 has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 300489 is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 22:50 |
| End of Day Share Price | 2024/12/23 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
Optics Technology Holding Co.,Ltd is covered by 1 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 |
|---|---|
| Qun Wang | Chasing Securities |