Xiamen Leading Optics Balance Sheet Health
Financial Health criteria checks 6/6
Xiamen Leading Optics has a total shareholder equity of CN¥1.4B and total debt of CN¥99.7M, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are CN¥1.7B and CN¥281.2M respectively. Xiamen Leading Optics's EBIT is CN¥142.8M making its interest coverage ratio -5.3. It has cash and short-term investments of CN¥590.8M.
Key information
6.9%
Debt to equity ratio
CN¥99.70m
Debt
Interest coverage ratio | -5.3x |
Cash | CN¥590.85m |
Equity | CN¥1.44b |
Total liabilities | CN¥281.20m |
Total assets | CN¥1.72b |
Recent financial health updates
These 4 Measures Indicate That Xiamen Leading Optics (SHSE:605118) Is Using Debt Safely
Dec 06We Think Xiamen Leading Optics (SHSE:605118) Can Stay On Top Of Its Debt
May 29Recent updates
These 4 Measures Indicate That Xiamen Leading Optics (SHSE:605118) Is Using Debt Safely
Dec 06Xiamen Leading Optics' (SHSE:605118) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 08Estimating The Fair Value Of Xiamen Leading Optics Co., Ltd. (SHSE:605118)
Sep 27Xiamen Leading Optics (SHSE:605118) Will Want To Turn Around Its Return Trends
Aug 19Some Shareholders Feeling Restless Over Xiamen Leading Optics Co., Ltd.'s (SHSE:605118) P/E Ratio
Jul 24We Think Xiamen Leading Optics (SHSE:605118) Can Stay On Top Of Its Debt
May 29Xiamen Leading Optics Co., Ltd.'s (SHSE:605118) Shares Climb 28% But Its Business Is Yet to Catch Up
Mar 30Xiamen Leading Optics (SHSE:605118) Might Be Having Difficulty Using Its Capital Effectively
Mar 01Financial Position Analysis
Short Term Liabilities: 605118's short term assets (CN¥934.5M) exceed its short term liabilities (CN¥241.5M).
Long Term Liabilities: 605118's short term assets (CN¥934.5M) exceed its long term liabilities (CN¥39.7M).
Debt to Equity History and Analysis
Debt Level: 605118 has more cash than its total debt.
Reducing Debt: 605118's debt to equity ratio has reduced from 10.8% to 6.9% over the past 5 years.
Debt Coverage: 605118's debt is well covered by operating cash flow (233.5%).
Interest Coverage: 605118 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) |
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Company Analysis | 2024/12/24 12:55 |
End of Day Share Price | 2024/12/24 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 * |
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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
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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
Xiamen Leading Optics Co., Ltd. is covered by 0 analysts. 0 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 |
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