Wingtech TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Wingtech TechnologyLtd has a total shareholder equity of CN¥38.0B and total debt of CN¥17.5B, which brings its debt-to-equity ratio to 45.9%. Its total assets and total liabilities are CN¥78.1B and CN¥40.1B respectively. Wingtech TechnologyLtd's EBIT is CN¥1.3B making its interest coverage ratio 3.5. It has cash and short-term investments of CN¥8.6B.
Key information
45.9%
Debt to equity ratio
CN¥17.48b
Debt
| Interest coverage ratio | 3.5x |
| Cash | CN¥8.65b |
| Equity | CN¥38.04b |
| Total liabilities | CN¥40.09b |
| Total assets | CN¥78.14b |
Recent financial health updates
Is Wingtech TechnologyLtd (SHSE:600745) A Risky Investment?
Aug 29
Wingtech TechnologyLtd (SHSE:600745) Has A Somewhat Strained Balance Sheet
May 22Recent updates
Revenues Working Against Wingtech Technology Co.,Ltd's (SHSE:600745) Share Price Following 28% Dive
Dec 11Is There An Opportunity With Wingtech Technology Co.,Ltd's (SHSE:600745) 23% Undervaluation?
Dec 03Wingtech TechnologyLtd (SHSE:600745) Will Be Hoping To Turn Its Returns On Capital Around
Nov 13Should You Think About Buying Wingtech Technology Co.,Ltd (SHSE:600745) Now?
Oct 16Wingtech Technology Co.,Ltd's (SHSE:600745) Shares Bounce 25% But Its Business Still Trails The Industry
Oct 01Is Wingtech TechnologyLtd (SHSE:600745) A Risky Investment?
Aug 29The Return Trends At Wingtech TechnologyLtd (SHSE:600745) Look Promising
Aug 12Why Investors Shouldn't Be Surprised By Wingtech Technology Co.,Ltd's (SHSE:600745) P/E
Jul 28Is Wingtech Technology Co.,Ltd (SHSE:600745) Trading At A 31% Discount?
Jul 12Wingtech TechnologyLtd (SHSE:600745) Has A Somewhat Strained Balance Sheet
May 22There May Be Reason For Hope In Wingtech TechnologyLtd's (SHSE:600745) Disappointing Earnings
Apr 30Many Still Looking Away From Wingtech Technology Co.,Ltd (SHSE:600745)
Apr 16Wingtech TechnologyLtd (SHSE:600745) Shareholders Will Want The ROCE Trajectory To Continue
Mar 25Financial Position Analysis
Short Term Liabilities: 600745's short term assets (CN¥30.7B) exceed its short term liabilities (CN¥27.3B).
Long Term Liabilities: 600745's short term assets (CN¥30.7B) exceed its long term liabilities (CN¥12.8B).
Debt to Equity History and Analysis
Debt Level: 600745's net debt to equity ratio (23.2%) is considered satisfactory.
Reducing Debt: 600745's debt to equity ratio has reduced from 166.2% to 45.9% over the past 5 years.
Debt Coverage: 600745's debt is well covered by operating cash flow (27.9%).
Interest Coverage: 600745's interest payments on its debt are well covered by EBIT (3.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 15:10 |
| 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
Wingtech Technology Co.,Ltd is covered by 26 analysts. 11 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 |
|---|---|
| Ke Qu | CCB International Securities Limited |
| Chen He | Chasing Securities |
| Bin Gong | Chasing Securities |