Wuxi Chipown Micro-electronics Balance Sheet Health
Financial Health criteria checks 5/6
Wuxi Chipown Micro-electronics has a total shareholder equity of CN¥2.5B and total debt of CN¥227.1M, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are CN¥2.9B and CN¥413.5M respectively. Wuxi Chipown Micro-electronics's EBIT is CN¥34.8M making its interest coverage ratio -1.4. It has cash and short-term investments of CN¥1.8B.
Key information
9.2%
Debt to equity ratio
CN¥227.14m
Debt
| Interest coverage ratio | -1.4x |
| Cash | CN¥1.84b |
| Equity | CN¥2.46b |
| Total liabilities | CN¥413.47m |
| Total assets | CN¥2.87b |
Recent financial health updates
No updates
Recent updates
Concerns Surrounding Wuxi Chipown Micro-electronics' (SHSE:688508) Performance
Nov 01
Subdued Growth No Barrier To Wuxi Chipown Micro-electronics limited (SHSE:688508) With Shares Advancing 35%
Oct 07Subdued Growth No Barrier To Wuxi Chipown Micro-electronics limited (SHSE:688508) With Shares Advancing 26%
Jun 22Is Now The Time To Look At Buying Wuxi Chipown Micro-electronics limited (SHSE:688508)?
Jun 17Some Investors May Be Worried About Wuxi Chipown Micro-electronics' (SHSE:688508) Returns On Capital
May 30Why Wuxi Chipown Micro-electronics' (SHSE:688508) Soft Earnings Are Just The Beginning Of Its Problems
Apr 25Analysts Are More Bearish On Wuxi Chipown Micro-electronics limited (SHSE:688508) Than They Used To Be
Apr 17Wuxi Chipown Micro-electronics limited's (SHSE:688508) Shares Leap 32% Yet They're Still Not Telling The Full Story
Mar 06Be Wary Of Wuxi Chipown Micro-electronics (SHSE:688508) And Its Returns On Capital
Feb 28Financial Position Analysis
Short Term Liabilities: 688508's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥398.2M).
Long Term Liabilities: 688508's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥15.3M).
Debt to Equity History and Analysis
Debt Level: 688508 has more cash than its total debt.
Reducing Debt: 688508's debt to equity ratio has increased from 0% to 9.2% over the past 5 years.
Debt Coverage: 688508's debt is well covered by operating cash flow (29.2%).
Interest Coverage: 688508 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 | 2024/12/20 20:19 |
| End of Day Share Price | 2024/12/20 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
Wuxi Chipown Micro-electronics limited is covered by 8 analysts. 3 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 |
|---|---|
| Lynn Luo | Goldman Sachs |
| Jian Hu | Guosen Securities Co., Ltd. |
| Chi Tsai | Haitong International Research Limited |