Ningbo Exciton Technology Balance Sheet Health
Financial Health criteria checks 6/6
Ningbo Exciton Technology has a total shareholder equity of CN¥2.0B and total debt of CN¥723.6M, which brings its debt-to-equity ratio to 36.9%. Its total assets and total liabilities are CN¥3.8B and CN¥1.8B respectively. Ningbo Exciton Technology's EBIT is CN¥186.6M making its interest coverage ratio -7.9. It has cash and short-term investments of CN¥680.3M.
Key information
36.9%
Debt to equity ratio
CN¥723.61m
Debt
| Interest coverage ratio | -7.9x |
| Cash | CN¥680.33m |
| Equity | CN¥1.96b |
| Total liabilities | CN¥1.79b |
| Total assets | CN¥3.76b |
Recent financial health updates
Recent updates
Returns On Capital Are Showing Encouraging Signs At Ningbo Exciton Technology (SZSE:300566)
Nov 08
Ningbo Exciton Technology Co., Ltd.'s (SZSE:300566) Shares Bounce 33% But Its Business Still Trails The Market
Oct 14Is Ningbo Exciton Technology (SZSE:300566) A Risky Investment?
Sep 10Is There Now An Opportunity In Ningbo Exciton Technology Co., Ltd. (SZSE:300566)?
Jun 26Ningbo Exciton Technology's (SZSE:300566) Strong Earnings Are Of Good Quality
Apr 26Here's What's Concerning About Ningbo Exciton Technology's (SZSE:300566) Returns On Capital
Apr 17A Look At The Fair Value Of Ningbo Exciton Technology Co., Ltd. (SZSE:300566)
Mar 27Earnings Not Telling The Story For Ningbo Exciton Technology Co., Ltd. (SZSE:300566) After Shares Rise 36%
Mar 07Financial Position Analysis
Short Term Liabilities: 300566's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 300566's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥198.1M).
Debt to Equity History and Analysis
Debt Level: 300566's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: 300566's debt to equity ratio has reduced from 94.8% to 36.9% over the past 5 years.
Debt Coverage: 300566's debt is well covered by operating cash flow (61.4%).
Interest Coverage: 300566 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 | 2024/12/25 08:21 |
| End of Day Share Price | 2024/12/25 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ningbo Exciton Technology Co., Ltd. is covered by 4 analysts. 1 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 |
|---|---|
| Chao Li | Citic Securities Co., Ltd. |
| Dongying Wu | Credit Suisse |
| Vivien Zheng | Credit Suisse |