EmbedWay Technologies (Shanghai) Balance Sheet Health
Financial Health criteria checks 4/6
EmbedWay Technologies (Shanghai) has a total shareholder equity of CN¥1.4B and total debt of CN¥268.6M, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are CN¥1.9B and CN¥481.9M respectively. EmbedWay Technologies (Shanghai)'s EBIT is CN¥160.5M making its interest coverage ratio 41.8. It has cash and short-term investments of CN¥194.3M.
Key information
19.0%
Debt to equity ratio
CN¥268.60m
Debt
| Interest coverage ratio | 41.8x |
| Cash | CN¥194.30m |
| Equity | CN¥1.41b |
| Total liabilities | CN¥481.93m |
| Total assets | CN¥1.89b |
Recent financial health updates
Recent updates
Returns On Capital At EmbedWay Technologies (Shanghai) (SHSE:603496) Paint A Concerning Picture
Oct 29
Earnings Tell The Story For EmbedWay Technologies (Shanghai) Corporation (SHSE:603496) As Its Stock Soars 41%
Oct 08Here's Why We Think EmbedWay Technologies (Shanghai) (SHSE:603496) Might Deserve Your Attention Today
Sep 17Why We're Not Concerned About EmbedWay Technologies (Shanghai) Corporation's (SHSE:603496) Share Price
Aug 07EmbedWay Technologies (Shanghai) (SHSE:603496) Could Be Struggling To Allocate Capital
Jul 17Here's Why EmbedWay Technologies (Shanghai) (SHSE:603496) Can Manage Its Debt Responsibly
Jun 26Do EmbedWay Technologies (Shanghai)'s (SHSE:603496) Earnings Warrant Your Attention?
Jun 06EmbedWay Technologies (Shanghai)'s (SHSE:603496) Solid Earnings Have Been Accounted For Conservatively
Apr 25Why We're Not Concerned Yet About EmbedWay Technologies (Shanghai) Corporation's (SHSE:603496) 27% Share Price Plunge
Apr 16EmbedWay Technologies (Shanghai) Corporation's (SHSE:603496) Price In Tune With Revenues
Feb 29Financial Position Analysis
Short Term Liabilities: 603496's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥408.2M).
Long Term Liabilities: 603496's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥73.7M).
Debt to Equity History and Analysis
Debt Level: 603496's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: 603496's debt to equity ratio has increased from 3.2% to 19% over the past 5 years.
Debt Coverage: 603496's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603496's interest payments on its debt are well covered by EBIT (41.8x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 23:38 |
| 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 |
| |
| 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
EmbedWay Technologies (Shanghai) Corporation is covered by 5 analysts. 2 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 |
|---|---|
| Zeyuan Yang | Citic Securities Co., Ltd. |
| Kai Liu | Everbright Securities Co. Ltd. |
| Wei Lv | Minsheng Securities Co. |