Optics Technology HoldingLtd Balance Sheet Health
Financial Health criteria checks 1/6
Optics Technology HoldingLtd has a total shareholder equity of CN¥926.6M and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 232.8%. Its total assets and total liabilities are CN¥4.2B and CN¥3.3B respectively. Optics Technology HoldingLtd's EBIT is CN¥173.3M making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥164.9M.
Key information
232.8%
Debt to equity ratio
CN¥2.16b
Debt
| Interest coverage ratio | 1.7x |
| Cash | CN¥164.93m |
| Equity | CN¥926.64m |
| Total liabilities | CN¥3.26b |
| Total assets | CN¥4.19b |
Recent financial health updates
No updates
Recent updates
Optics Technology Holding Co.,Ltd (SZSE:300489) Not Flying Under The Radar
Jan 22
Market Participants Recognise Optics Technology Holding Co.,Ltd's (SZSE:300489) Revenues Pushing Shares 57% Higher
Oct 14Why 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¥1.8B) do not cover its short term liabilities (CN¥1.9B).
Long Term Liabilities: 300489's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 300489's net debt to equity ratio (215%) is considered high.
Reducing Debt: 300489's debt to equity ratio has increased from 23.5% to 232.8% over the past 5 years.
Debt Coverage: 300489's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: 300489's interest payments on its debt are not well covered by EBIT (1.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/10 04:47 |
| End of Day Share Price | 2025/05/09 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
Analysis Model and Snowflake
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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 Github.
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 |