Olympic Circuit Technology Balance Sheet Health
Financial Health criteria checks 5/6
Olympic Circuit Technology has a total shareholder equity of CN¥5.6B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are CN¥8.6B and CN¥2.9B respectively. Olympic Circuit Technology's EBIT is CN¥678.2M making its interest coverage ratio -43.9. It has cash and short-term investments of CN¥4.2B.
Key information
20.0%
Debt to equity ratio
CN¥1.13b
Debt
| Interest coverage ratio | -43.9x |
| Cash | CN¥4.16b |
| Equity | CN¥5.62b |
| Total liabilities | CN¥2.95b |
| Total assets | CN¥8.57b |
Recent financial health updates
Is Olympic Circuit Technology (SHSE:603920) Using Too Much Debt?
Sep 16
Is Olympic Circuit Technology (SHSE:603920) Using Too Much Debt?
Mar 17Recent updates
There's Reason For Concern Over Olympic Circuit Technology Co., Ltd's (SHSE:603920) Massive 39% Price Jump
Nov 14Solid Earnings Reflect Olympic Circuit Technology's (SHSE:603920) Strength As A Business
Nov 04Returns On Capital At Olympic Circuit Technology (SHSE:603920) Have Stalled
Oct 16Olympic Circuit Technology Co., Ltd's (SHSE:603920) 26% Price Boost Is Out Of Tune With Earnings
Sep 30Is Olympic Circuit Technology (SHSE:603920) Using Too Much Debt?
Sep 16Is Olympic Circuit Technology Co., Ltd (SHSE:603920) Expensive For A Reason? A Look At Its Intrinsic Value
Jul 25Olympic Circuit Technology (SHSE:603920) Might Be Having Difficulty Using Its Capital Effectively
Jun 26Why Investors Shouldn't Be Surprised By Olympic Circuit Technology Co., Ltd's (SHSE:603920) Low P/E
Jun 07The Strong Earnings Posted By Olympic Circuit Technology (SHSE:603920) Are A Good Indication Of The Strength Of The Business
Apr 25Here's Why We Think Olympic Circuit Technology (SHSE:603920) Is Well Worth Watching
Apr 05Is Olympic Circuit Technology (SHSE:603920) Using Too Much Debt?
Mar 17Olympic Circuit Technology Co., Ltd (SHSE:603920) Surges 29% Yet Its Low P/E Is No Reason For Excitement
Mar 01Financial Position Analysis
Short Term Liabilities: 603920's short term assets (CN¥6.1B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 603920's short term assets (CN¥6.1B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 603920 has more cash than its total debt.
Reducing Debt: 603920's debt to equity ratio has increased from 4% to 20% over the past 5 years.
Debt Coverage: 603920's debt is well covered by operating cash flow (116.9%).
Interest Coverage: 603920 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 | 2024/12/21 04:14 |
| 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
Olympic Circuit Technology Co., Ltd is covered by 5 analysts. 4 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 |
|---|---|
| Tao Xu | Citic Securities Co., Ltd. |
| Jian Hu | Guosen Securities Co., Ltd. |
| Kang Yao | Industrial Securities Co. Ltd. |