Shanghai New Vision Microelectronics Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai New Vision Microelectronics has a total shareholder equity of CN¥1.6B and total debt of CN¥38.2M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are CN¥1.8B and CN¥247.6M respectively.
Key information
2.4%
Debt to equity ratio
CN¥38.23m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥902.26m |
| Equity | CN¥1.57b |
| Total liabilities | CN¥247.60m |
| Total assets | CN¥1.82b |
Recent financial health updates
Shanghai New Vision Microelectronics (SHSE:688593) Has Debt But No Earnings; Should You Worry?
Jul 04
Recent updates
Revenues Not Telling The Story For Shanghai New Vision Microelectronics Co., Ltd (SHSE:688593) After Shares Rise 25%
Nov 22Shanghai New Vision Microelectronics (SHSE:688593) Has Debt But No Earnings; Should You Worry?
Jul 04Shanghai New Vision Microelectronics Co., Ltd's (SHSE:688593) 26% Price Boost Is Out Of Tune With Revenues
Mar 08Financial Position Analysis
Short Term Liabilities: 688593's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥245.2M).
Long Term Liabilities: 688593's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥2.4M).
Debt to Equity History and Analysis
Debt Level: 688593 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 688593's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688593's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688593'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 | 2024/12/22 21:25 |
| 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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Industry and Sector Metrics
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Analyst Sources
Shanghai New Vision Microelectronics Co., Ltd is covered by 0 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 |
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