Giga Device Semiconductor Balance Sheet Health
Financial Health criteria checks 5/6
Giga Device Semiconductor has a total shareholder equity of CN¥16.0B and total debt of CN¥700.0M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are CN¥18.2B and CN¥2.2B respectively. Giga Device Semiconductor's EBIT is CN¥573.0M making its interest coverage ratio -1.7. It has cash and short-term investments of CN¥9.3B.
Key information
4.4%
Debt to equity ratio
CN¥700.00m
Debt
| Interest coverage ratio | -1.7x |
| Cash | CN¥9.27b |
| Equity | CN¥16.00b |
| Total liabilities | CN¥2.17b |
| Total assets | CN¥18.16b |
Recent financial health updates
Recent updates
Giga Device Semiconductor Inc. (SHSE:603986) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Dec 19
The Returns On Capital At Giga Device Semiconductor (SHSE:603986) Don't Inspire Confidence
Dec 17Giga Device Semiconductor's (SHSE:603986) Performance Is Even Better Than Its Earnings Suggest
Nov 06Results: Giga Device Semiconductor Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Oct 28Giga Device Semiconductor Inc.'s (SHSE:603986) Shares Climb 28% But Its Business Is Yet to Catch Up
Oct 04Giga Device Semiconductor Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 22Giga Device Semiconductor (SHSE:603986) Might Be Having Difficulty Using Its Capital Effectively
Aug 15We Think Giga Device Semiconductor (SHSE:603986) Can Stay On Top Of Its Debt
Jul 24Giga Device Semiconductor Inc.'s (SHSE:603986) Price Is Out Of Tune With Revenues
Jun 12Some May Be Optimistic About Giga Device Semiconductor's (SHSE:603986) Earnings
Apr 28What Giga Device Semiconductor Inc.'s (SHSE:603986) 26% Share Price Gain Is Not Telling You
Mar 04Giga Device Semiconductor (SHSE:603986) May Have Issues Allocating Its Capital
Feb 29Financial Position Analysis
Short Term Liabilities: 603986's short term assets (CN¥12.0B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 603986's short term assets (CN¥12.0B) exceed its long term liabilities (CN¥197.2M).
Debt to Equity History and Analysis
Debt Level: 603986 has more cash than its total debt.
Reducing Debt: 603986's debt to equity ratio has increased from 1.9% to 4.4% over the past 5 years.
Debt Coverage: 603986's debt is well covered by operating cash flow (294.6%).
Interest Coverage: 603986 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 09:21 |
| 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
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Analyst Sources
Giga Device Semiconductor Inc. is covered by 30 analysts. 16 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 |
|---|---|
| Mike Yang | BofA Global Research |
| Daley Li | BofA Global Research |
| Lin Su | CCB International Securities Limited |