Focus Lightings Tech Balance Sheet Health
Financial Health criteria checks 6/6
Focus Lightings Tech has a total shareholder equity of CN¥2.7B and total debt of CN¥525.4M, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are CN¥4.6B and CN¥1.9B respectively. Focus Lightings Tech's EBIT is CN¥191.1M making its interest coverage ratio -3.4. It has cash and short-term investments of CN¥1.7B.
Key information
19.3%
Debt to equity ratio
CN¥525.40m
Debt
| Interest coverage ratio | -3.4x |
| Cash | CN¥1.69b |
| Equity | CN¥2.72b |
| Total liabilities | CN¥1.92b |
| Total assets | CN¥4.63b |
Recent financial health updates
Recent updates
Focus Lightings Tech's (SZSE:300708) Solid Earnings Are Supported By Other Strong Factors
Jan 31
Focus Lightings Tech Co., Ltd.'s (SZSE:300708) Shares Bounce 30% But Its Business Still Trails The Industry
Jan 07Focus Lightings Tech Co., Ltd.'s (SZSE:300708) Price Is Right But Growth Is Lacking After Shares Rocket 49%
Oct 09These 4 Measures Indicate That Focus Lightings Tech (SZSE:300708) Is Using Debt Reasonably Well
Sep 30Focus Lightings Tech's (SZSE:300708) Promising Earnings May Rest On Soft Foundations
May 01Financial Position Analysis
Short Term Liabilities: 300708's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 300708's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥3.5M).
Debt to Equity History and Analysis
Debt Level: 300708 has more cash than its total debt.
Reducing Debt: 300708's debt to equity ratio has reduced from 148.9% to 19.3% over the past 5 years.
Debt Coverage: 300708's debt is well covered by operating cash flow (99.8%).
Interest Coverage: 300708 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 | 2025/02/01 23:50 |
| End of Day Share Price | 2025/01/27 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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
Focus Lightings Tech Co., Ltd. is covered by 5 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 |
|---|---|
| Feng Gao | China Galaxy Securities Co., Ltd. |
| Tao Xu | Citic Securities Co., Ltd. |
| Jinsong Zhu | Haitong International Research Limited |