Shanghai V-Test Semiconductor Tech Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai V-Test Semiconductor Tech has a total shareholder equity of CN¥2.5B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 53.3%. Its total assets and total liabilities are CN¥4.4B and CN¥1.8B respectively. Shanghai V-Test Semiconductor Tech's EBIT is CN¥97.1M making its interest coverage ratio 3.9. It has cash and short-term investments of CN¥220.4M.
Key information
53.3%
Debt to equity ratio
CN¥1.36b
Debt
| Interest coverage ratio | 3.9x |
| Cash | CN¥220.44m |
| Equity | CN¥2.54b |
| Total liabilities | CN¥1.84b |
| Total assets | CN¥4.38b |
Recent financial health updates
Shanghai V-Test Semiconductor Tech (SHSE:688372) Has A Somewhat Strained Balance Sheet
Dec 18
Does Shanghai V-Test Semiconductor Tech (SHSE:688372) Have A Healthy Balance Sheet?
Jul 31Here's Why Shanghai V-Test Semiconductor Tech (SHSE:688372) Has A Meaningful Debt Burden
Apr 21Recent updates
Shanghai V-Test Semiconductor Tech (SHSE:688372) Has A Somewhat Strained Balance Sheet
Dec 18There Are Reasons To Feel Uneasy About Shanghai V-Test Semiconductor Tech's (SHSE:688372) Returns On Capital
Nov 29After Leaping 56% Shanghai V-Test Semiconductor Tech. Co., Ltd. (SHSE:688372) Shares Are Not Flying Under The Radar
Oct 16Shanghai V-Test Semiconductor Tech (SHSE:688372) Will Be Hoping To Turn Its Returns On Capital Around
Aug 27Does Shanghai V-Test Semiconductor Tech (SHSE:688372) Have A Healthy Balance Sheet?
Jul 31Here's Why Shanghai V-Test Semiconductor Tech (SHSE:688372) Has A Meaningful Debt Burden
Apr 21Beyond Lackluster Earnings: Potential Concerns For Shanghai V-Test Semiconductor Tech's (SHSE:688372) Shareholders
Mar 29Shanghai V-Test Semiconductor Tech. Co., Ltd.'s (SHSE:688372) P/E Is Still On The Mark Following 25% Share Price Bounce
Mar 05Some Investors May Be Worried About Shanghai V-Test Semiconductor Tech's (SHSE:688372) Returns On Capital
Feb 26Financial Position Analysis
Short Term Liabilities: 688372's short term assets (CN¥886.3M) exceed its short term liabilities (CN¥582.0M).
Long Term Liabilities: 688372's short term assets (CN¥886.3M) do not cover its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 688372's net debt to equity ratio (44.6%) is considered high.
Reducing Debt: 688372's debt to equity ratio has increased from 10.3% to 53.3% over the past 5 years.
Debt Coverage: 688372's debt is well covered by operating cash flow (33.4%).
Interest Coverage: 688372's interest payments on its debt are well covered by EBIT (3.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 10:13 |
| End of Day Share Price | 2024/12/31 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Shanghai V-Test Semiconductor Tech. Co., Ltd. is covered by 5 analysts. 4 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 |
|---|---|
| Tao Xu | Citic Securities Co., Ltd. |
| Jian Hu | Guosen Securities Co., Ltd. |
| Jian Pan | Tianfeng Securities Brokerage Co., Ltd |