Wuhan DR Laser TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Wuhan DR Laser TechnologyLtd has a total shareholder equity of CN¥3.3B and total debt of CN¥777.1M, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are CN¥6.4B and CN¥3.1B respectively. Wuhan DR Laser TechnologyLtd's EBIT is CN¥482.6M making its interest coverage ratio -11.7. It has cash and short-term investments of CN¥321.0M.
Key information
23.4%
Debt to equity ratio
CN¥777.07m
Debt
Interest coverage ratio | -11.7x |
Cash | CN¥321.01m |
Equity | CN¥3.32b |
Total liabilities | CN¥3.08b |
Total assets | CN¥6.39b |
Recent financial health updates
Here's Why Wuhan DR Laser TechnologyLtd (SZSE:300776) Can Manage Its Debt Responsibly
Dec 03We Think Wuhan DR Laser TechnologyLtd (SZSE:300776) Can Manage Its Debt With Ease
May 21Recent updates
Is Now The Time To Put Wuhan DR Laser TechnologyLtd (SZSE:300776) On Your Watchlist?
Dec 18Here's Why Wuhan DR Laser TechnologyLtd (SZSE:300776) Can Manage Its Debt Responsibly
Dec 03Wuhan DR Laser Technology Corp.,Ltd's (SZSE:300776) 31% Share Price Surge Not Quite Adding Up
Nov 14Wuhan DR Laser TechnologyLtd (SZSE:300776) May Have Issues Allocating Its Capital
Oct 15Wuhan DR Laser Technology Corp.,Ltd's (SZSE:300776) 41% Jump Shows Its Popularity With Investors
Sep 30Solid Earnings May Not Tell The Whole Story For Wuhan DR Laser TechnologyLtd (SZSE:300776)
Aug 22Analysts Just Shaved Their Wuhan DR Laser Technology Corp.,Ltd (SZSE:300776) Forecasts Dramatically
Aug 21Getting In Cheap On Wuhan DR Laser Technology Corp.,Ltd (SZSE:300776) Might Be Difficult
Aug 03The Returns On Capital At Wuhan DR Laser TechnologyLtd (SZSE:300776) Don't Inspire Confidence
Jul 03We Think Wuhan DR Laser TechnologyLtd (SZSE:300776) Can Manage Its Debt With Ease
May 21Many Still Looking Away From Wuhan DR Laser Technology Corp.,Ltd (SZSE:300776)
Apr 22Capital Allocation Trends At Wuhan DR Laser TechnologyLtd (SZSE:300776) Aren't Ideal
Mar 26Financial Position Analysis
Short Term Liabilities: 300776's short term assets (CN¥5.8B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 300776's short term assets (CN¥5.8B) exceed its long term liabilities (CN¥838.3M).
Debt to Equity History and Analysis
Debt Level: 300776's net debt to equity ratio (13.7%) is considered satisfactory.
Reducing Debt: 300776's debt to equity ratio has increased from 0% to 23.4% over the past 5 years.
Debt Coverage: 300776's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: 300776 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/28 09:59 |
End of Day Share Price | 2024/12/27 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 |
| |
Analyst Consensus Estimates | +3 years |
|
|
Market Prices | 30 years |
| |
Ownership | 10 years |
| |
Management | 10 years |
| |
Key Developments | 10 years |
|
* 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
Wuhan DR Laser Technology Corp.,Ltd is covered by 16 analysts. 6 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 |
---|---|
Zhi Yong Zhao | Changjiang Securities Co. LTD. |
Pei Lu | China Galaxy Securities Co., Ltd. |
Jia Yan | China International Capital Corporation Limited |