Chengdu Sino-Microelectronics Tech Balance Sheet Health
Financial Health criteria checks 5/6
Chengdu Sino-Microelectronics Tech has a total shareholder equity of CN¥2.8B and total debt of CN¥313.0M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are CN¥3.4B and CN¥660.3M respectively. Chengdu Sino-Microelectronics Tech's EBIT is CN¥181.4M making its interest coverage ratio 150.9. It has cash and short-term investments of CN¥1.0B.
Key information
11.3%
Debt to equity ratio
CN¥313.05m
Debt
| Interest coverage ratio | 150.9x |
| Cash | CN¥1.01b |
| Equity | CN¥2.78b |
| Total liabilities | CN¥660.32m |
| Total assets | CN¥3.44b |
Recent financial health updates
Recent updates
Investors Appear Satisfied With Chengdu Sino-Microelectronics Tech. Co., Ltd.'s (SHSE:688709) Prospects As Shares Rocket 29%
Dec 04
Chengdu Sino-Microelectronics Tech's (SHSE:688709) Problems Go Beyond Weak Profit
Nov 06Chengdu Sino-Microelectronics Tech (SHSE:688709) Has A Pretty Healthy Balance Sheet
Aug 21Solid Earnings May Not Tell The Whole Story For Chengdu Sino-Microelectronics Tech (SHSE:688709)
May 07Financial Position Analysis
Short Term Liabilities: 688709's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥584.4M).
Long Term Liabilities: 688709's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥75.9M).
Debt to Equity History and Analysis
Debt Level: 688709 has more cash than its total debt.
Reducing Debt: 688709's debt to equity ratio has reduced from 19.6% to 11.3% over the past 5 years.
Debt Coverage: 688709's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: 688709's interest payments on its debt are well covered by EBIT (150.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 16:10 |
| End of Day Share Price | 2024/12/23 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
Chengdu Sino-Microelectronics Tech. Co., Ltd. is covered by 3 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 |
|---|---|
| Yuchen Liu | Everbright Securities Co. Ltd. |
| Kang Shi | Industrial Securities Co. Ltd. |
| Zeyu Wang | Tianfeng Securities Brokerage Co., Ltd |