Foshan Yowant TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Foshan Yowant TechnologyLtd has a total shareholder equity of CN¥4.1B and total debt of CN¥774.1M, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are CN¥6.3B and CN¥2.2B respectively.
Key information
19.0%
Debt to equity ratio
CN¥774.09m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥521.65m |
| Equity | CN¥4.08b |
| Total liabilities | CN¥2.21b |
| Total assets | CN¥6.29b |
Recent financial health updates
Recent updates
Foshan Yowant Technology Co.,Ltd (SZSE:002291) Stock Rockets 28% But Many Are Still Ignoring The Company
Nov 11
Foshan Yowant Technology Co.,Ltd's (SZSE:002291) Shares Leap 25% Yet They're Still Not Telling The Full Story
Sep 27The Market Doesn't Like What It Sees From Foshan Yowant Technology Co.,Ltd's (SZSE:002291) Revenues Yet As Shares Tumble 25%
Jun 06Investors Give Foshan Yowant Technology Co.,Ltd (SZSE:002291) Shares A 30% Hiding
Apr 16Does Foshan Yowant TechnologyLtd (SZSE:002291) Have A Healthy Balance Sheet?
Mar 01Financial Position Analysis
Short Term Liabilities: 002291's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 002291's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥537.5M).
Debt to Equity History and Analysis
Debt Level: 002291's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: 002291's debt to equity ratio has reduced from 20.4% to 19% 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: Whilst unprofitable 002291 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002291 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 36.4% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 10:18 |
| End of Day Share Price | 2024/12/26 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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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
Foshan Yowant Technology Co.,Ltd is covered by 19 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 |
|---|---|
| Yu Lei | Changjiang Securities Co. LTD. |
| Xueqing Zhang | China International Capital Corporation Limited |
| Wei Wang | China Merchants Securities Co. Ltd. |