Willfar Information Technology Balance Sheet Health
Financial Health criteria checks 5/6
Willfar Information Technology has a total shareholder equity of CN¥3.1B and total debt of CN¥12.1M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥4.6B and CN¥1.5B respectively. Willfar Information Technology's EBIT is CN¥596.2M making its interest coverage ratio -19.8. It has cash and short-term investments of CN¥1.9B.
Key information
0.4%
Debt to equity ratio
CN¥12.13m
Debt
| Interest coverage ratio | -19.8x |
| Cash | CN¥1.86b |
| Equity | CN¥3.14b |
| Total liabilities | CN¥1.51b |
| Total assets | CN¥4.65b |
Recent financial health updates
Is Willfar Information Technology (SHSE:688100) Using Too Much Debt?
Nov 21
These 4 Measures Indicate That Willfar Information Technology (SHSE:688100) Is Using Debt Safely
Mar 20Recent updates
Is Willfar Information Technology (SHSE:688100) Using Too Much Debt?
Nov 21Returns At Willfar Information Technology (SHSE:688100) Are On The Way Up
Oct 04Willfar Information Technology Co., Ltd.'s (SHSE:688100) Share Price Matching Investor Opinion
Sep 06A Look At The Fair Value Of Willfar Information Technology Co., Ltd. (SHSE:688100)
Aug 19Returns Are Gaining Momentum At Willfar Information Technology (SHSE:688100)
Jun 10Investors Shouldn't Be Too Comfortable With Willfar Information Technology's (SHSE:688100) Earnings
May 02Here's Why We Think Willfar Information Technology (SHSE:688100) Is Well Worth Watching
Apr 07These 4 Measures Indicate That Willfar Information Technology (SHSE:688100) Is Using Debt Safely
Mar 20Willfar Information Technology Co., Ltd.'s (SHSE:688100) Shares Leap 34% Yet They're Still Not Telling The Full Story
Mar 01Willfar Information Technology's (SHSE:688100) Returns On Capital Are Heading Higher
Feb 28Financial Position Analysis
Short Term Liabilities: 688100's short term assets (CN¥4.1B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 688100's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥22.4M).
Debt to Equity History and Analysis
Debt Level: 688100 has more cash than its total debt.
Reducing Debt: 688100's debt to equity ratio has increased from 0% to 0.4% over the past 5 years.
Debt Coverage: 688100's debt is well covered by operating cash flow (4819.8%).
Interest Coverage: 688100 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 | 2024/12/27 20:17 |
| End of Day Share Price | 2024/12/27 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
Willfar Information Technology Co., Ltd. is covered by 11 analysts. 7 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 |
|---|---|
| Fu Yang | Chasing Securities |
| Liangbi Zhao | China Galaxy Securities Co., Ltd. |
| Shuyun Che | China International Capital Corporation Limited |