Wuxi ETEK MicroelectronicsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Wuxi ETEK MicroelectronicsLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥12.0M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are CN¥1.4B and CN¥105.7M respectively. Wuxi ETEK MicroelectronicsLtd's EBIT is CN¥174.1M making its interest coverage ratio -11.3. It has cash and short-term investments of CN¥848.0M.
Key information
0.9%
Debt to equity ratio
CN¥12.01m
Debt
| Interest coverage ratio | -11.3x |
| Cash | CN¥847.96m |
| Equity | CN¥1.34b |
| Total liabilities | CN¥105.71m |
| Total assets | CN¥1.44b |
Recent financial health updates
Recent updates
Wuxi ETEK Microelectronics Co.,Ltd.'s (SHSE:688601) Intrinsic Value Is Potentially 22% Below Its Share Price
Oct 24
Wuxi ETEK Microelectronics Co.,Ltd. (SHSE:688601) Soars 40% But It's A Story Of Risk Vs Reward
Oct 07These 4 Measures Indicate That Wuxi ETEK MicroelectronicsLtd (SHSE:688601) Is Using Debt Safely
Sep 25Wuxi ETEK Microelectronics Co.,Ltd.'s (SHSE:688601) Shares Lagging The Market But So Is The Business
Aug 23Is Wuxi ETEK Microelectronics Co.,Ltd. (SHSE:688601) Worth CN¥40.1 Based On Its Intrinsic Value?
Jul 25Returns At Wuxi ETEK MicroelectronicsLtd (SHSE:688601) Are On The Way Up
Jun 27What Wuxi ETEK Microelectronics Co.,Ltd.'s (SHSE:688601) 25% Share Price Gain Is Not Telling You
Mar 21Financial Position Analysis
Short Term Liabilities: 688601's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥98.6M).
Long Term Liabilities: 688601's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥7.1M).
Debt to Equity History and Analysis
Debt Level: 688601 has more cash than its total debt.
Reducing Debt: 688601's debt to equity ratio has increased from 0.3% to 0.9% over the past 5 years.
Debt Coverage: 688601's debt is well covered by operating cash flow (1683.6%).
Interest Coverage: 688601 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 04:40 |
| 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
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
Wuxi ETEK Microelectronics Co.,Ltd. is covered by 5 analysts. 2 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 |
|---|---|
| Fan Yan | China Merchants Securities Co. Ltd. |
| Kai Liu | Everbright Securities Co. Ltd. |
| Lynn Luo | Goldman Sachs |