Ningbo Yongxin OpticsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Ningbo Yongxin OpticsLtd has a total shareholder equity of CN¥1.9B and total debt of CN¥146.4M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are CN¥2.2B and CN¥353.0M respectively. Ningbo Yongxin OpticsLtd's EBIT is CN¥117.5M making its interest coverage ratio -2.6. It has cash and short-term investments of CN¥1.0B.
Key information
7.9%
Debt to equity ratio
CN¥146.40m
Debt
| Interest coverage ratio | -2.6x |
| Cash | CN¥1.02b |
| Equity | CN¥1.86b |
| Total liabilities | CN¥353.00m |
| Total assets | CN¥2.21b |
Recent financial health updates
Ningbo Yongxin OpticsLtd (SHSE:603297) Seems To Use Debt Quite Sensibly
Dec 16
Is Ningbo Yongxin OpticsLtd (SHSE:603297) Using Too Much Debt?
May 25Recent updates
Ningbo Yongxin Optics Co.,Ltd's (SHSE:603297) P/E Is On The Mark
Jan 20Ningbo Yongxin OpticsLtd (SHSE:603297) Seems To Use Debt Quite Sensibly
Dec 16Is Ningbo Yongxin Optics Co.,Ltd (SHSE:603297) Worth CN¥85.2 Based On Its Intrinsic Value?
Nov 22Ningbo Yongxin OpticsLtd's (SHSE:603297) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 04Ningbo Yongxin OpticsLtd (SHSE:603297) Will Want To Turn Around Its Return Trends
Oct 27After Leaping 40% Ningbo Yongxin Optics Co.,Ltd (SHSE:603297) Shares Are Not Flying Under The Radar
Oct 08A Piece Of The Puzzle Missing From Ningbo Yongxin Optics Co.,Ltd's (SHSE:603297) Share Price
Aug 21Estimating The Fair Value Of Ningbo Yongxin Optics Co.,Ltd (SHSE:603297)
Jun 26Ningbo Yongxin OpticsLtd's (SHSE:603297) Dividend Will Be Reduced To CN¥0.955
Jun 03Is Ningbo Yongxin OpticsLtd (SHSE:603297) Using Too Much Debt?
May 25Why Ningbo Yongxin OpticsLtd's (SHSE:603297) Shaky Earnings Are Just The Beginning Of Its Problems
May 03Newsflash: Ningbo Yongxin Optics Co.,Ltd (SHSE:603297) Analysts Have Been Trimming Their Revenue Forecasts
Apr 30If EPS Growth Is Important To You, Ningbo Yongxin OpticsLtd (SHSE:603297) Presents An Opportunity
Apr 11Earnings Not Telling The Story For Ningbo Yongxin Optics Co.,Ltd (SHSE:603297) After Shares Rise 25%
Mar 07Capital Allocation Trends At Ningbo Yongxin OpticsLtd (SHSE:603297) Aren't Ideal
Mar 01Financial Position Analysis
Short Term Liabilities: 603297's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥330.7M).
Long Term Liabilities: 603297's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥22.3M).
Debt to Equity History and Analysis
Debt Level: 603297 has more cash than its total debt.
Reducing Debt: 603297's debt to equity ratio has increased from 0% to 7.9% over the past 5 years.
Debt Coverage: 603297's debt is well covered by operating cash flow (136.2%).
Interest Coverage: 603297 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 06:09 |
| End of Day Share Price | 2025/01/27 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 |
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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
Ningbo Yongxin Optics Co.,Ltd is covered by 14 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 |
|---|---|
| Feng Gao | China Galaxy Securities Co., Ltd. |
| Hanjing Wen | China International Capital Corporation Limited |
| Shunhe Jia | China International Capital Corporation Limited |