Chongqing Millison Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Chongqing Millison Technologies has a total shareholder equity of CN¥3.2B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 51.4%. Its total assets and total liabilities are CN¥6.6B and CN¥3.4B respectively.
Key information
51.4%
Debt to equity ratio
CN¥1.64b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥563.93m |
| Equity | CN¥3.19b |
| Total liabilities | CN¥3.40b |
| Total assets | CN¥6.59b |
Recent financial health updates
No updates
Recent updates
Investors Appear Satisfied With Chongqing Millison Technologies INC.'s (SZSE:301307) Prospects As Shares Rocket 32%
Nov 12
Why Chongqing Millison Technologies' (SZSE:301307) Shaky Earnings Are Just The Beginning Of Its Problems
Apr 22Chongqing Millison Technologies INC. (SZSE:301307) Not Flying Under The Radar
Apr 18Financial Position Analysis
Short Term Liabilities: 301307's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 301307's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥951.3M).
Debt to Equity History and Analysis
Debt Level: 301307's net debt to equity ratio (33.8%) is considered satisfactory.
Reducing Debt: 301307's debt to equity ratio has reduced from 197.4% to 51.4% over the past 5 years.
Debt Coverage: 301307's debt is well covered by operating cash flow (33.9%).
Interest Coverage: Insufficient data to determine if 301307's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 15:53 |
| End of Day Share Price | 2024/12/19 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
Chongqing Millison Technologies INC. is covered by 3 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 |
|---|---|
| Tingting Song | Huatai Research |
| Jiang Shao | Minsheng Securities Co. |
| Junyi He | Zhongtai Securities Co. Ltd. |