Wangsu Science & TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Wangsu Science & TechnologyLtd has a total shareholder equity of CN¥9.8B and total debt of CN¥922.0M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are CN¥12.0B and CN¥2.2B respectively. Wangsu Science & TechnologyLtd's EBIT is CN¥407.5M making its interest coverage ratio -1.7. It has cash and short-term investments of CN¥6.6B.
Key information
9.4%
Debt to equity ratio
CN¥922.01m
Debt
| Interest coverage ratio | -1.7x |
| Cash | CN¥6.56b |
| Equity | CN¥9.79b |
| Total liabilities | CN¥2.20b |
| Total assets | CN¥11.98b |
Recent financial health updates
Wangsu Science & TechnologyLtd (SZSE:300017) Has A Rock Solid Balance Sheet
Dec 11
We Think Wangsu Science & TechnologyLtd (SZSE:300017) Can Manage Its Debt With Ease
Sep 06Is Wangsu Science & TechnologyLtd (SZSE:300017) A Risky Investment?
May 22Recent updates
Wangsu Science & TechnologyLtd (SZSE:300017) Has A Rock Solid Balance Sheet
Dec 11We Like These Underlying Return On Capital Trends At Wangsu Science & TechnologyLtd (SZSE:300017)
Nov 23Wangsu Science & TechnologyLtd's (SZSE:300017) Profits Appear To Have Quality Issues
Nov 01Wangsu Science & Technology Co.,Ltd.'s (SZSE:300017) 30% Share Price Surge Not Quite Adding Up
Sep 30Here's Why We Think Wangsu Science & TechnologyLtd (SZSE:300017) Is Well Worth Watching
Sep 22We Think Wangsu Science & TechnologyLtd (SZSE:300017) Can Manage Its Debt With Ease
Sep 06Some Investors May Be Worried About Wangsu Science & TechnologyLtd's (SZSE:300017) Returns On Capital
Jul 01With EPS Growth And More, Wangsu Science & TechnologyLtd (SZSE:300017) Makes An Interesting Case
Jun 13Is Wangsu Science & TechnologyLtd (SZSE:300017) A Risky Investment?
May 22We Think That There Are Some Issues For Wangsu Science & TechnologyLtd (SZSE:300017) Beyond Its Promising Earnings
Apr 19Wangsu Science & Technology Co.,Ltd. Just Recorded A 18% EPS Beat: Here's What Analysts Are Forecasting Next
Apr 17These Return Metrics Don't Make Wangsu Science & TechnologyLtd (SZSE:300017) Look Too Strong
Mar 21Unpleasant Surprises Could Be In Store For Wangsu Science & Technology Co.,Ltd.'s (SZSE:300017) Shares
Feb 27Financial Position Analysis
Short Term Liabilities: 300017's short term assets (CN¥7.8B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 300017's short term assets (CN¥7.8B) exceed its long term liabilities (CN¥55.8M).
Debt to Equity History and Analysis
Debt Level: 300017 has more cash than its total debt.
Reducing Debt: 300017's debt to equity ratio has increased from 1.5% to 9.4% over the past 5 years.
Debt Coverage: 300017's debt is well covered by operating cash flow (89.8%).
Interest Coverage: 300017 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 08:39 |
| 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
Wangsu Science & Technology Co.,Ltd. is covered by 32 analysts. 7 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 |
|---|---|
| Alen Lin | BNP Paribas Securities (Asia) |
| Yue Hang Chan | BofA Global Research |
| Ronnie Ho | CCB International Securities Limited |