Zhejiang Lante Optics Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Lante Optics has a total shareholder equity of CN¥1.7B and total debt of CN¥66.1M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are CN¥2.2B and CN¥488.8M respectively. Zhejiang Lante Optics's EBIT is CN¥266.4M making its interest coverage ratio -49. It has cash and short-term investments of CN¥224.7M.
Key information
3.8%
Debt to equity ratio
CN¥66.13m
Debt
| Interest coverage ratio | -49x |
| Cash | CN¥224.71m |
| Equity | CN¥1.74b |
| Total liabilities | CN¥488.81m |
| Total assets | CN¥2.23b |
Recent financial health updates
Recent updates
With EPS Growth And More, Zhejiang Lante Optics (SHSE:688127) Makes An Interesting Case
Nov 10
The Returns On Capital At Zhejiang Lante Optics (SHSE:688127) Don't Inspire Confidence
Oct 24Zhejiang Lante Optics Co., Ltd. (SHSE:688127) Looks Just Right With A 39% Price Jump
Oct 08A Look At The Intrinsic Value Of Zhejiang Lante Optics Co., Ltd. (SHSE:688127)
Sep 27Investors Shouldn't Be Too Comfortable With Zhejiang Lante Optics' (SHSE:688127) Earnings
Sep 02Subdued Growth No Barrier To Zhejiang Lante Optics Co., Ltd.'s (SHSE:688127) Price
Jul 31Capital Allocation Trends At Zhejiang Lante Optics (SHSE:688127) Aren't Ideal
Jul 14Does Zhejiang Lante Optics (SHSE:688127) Have A Healthy Balance Sheet?
Jun 26Does This Valuation Of Zhejiang Lante Optics Co., Ltd. (SHSE:688127) Imply Investors Are Overpaying?
May 21Here's What's Concerning About Zhejiang Lante Optics' (SHSE:688127) Returns On Capital
Mar 28Why Investors Shouldn't Be Surprised By Zhejiang Lante Optics Co., Ltd.'s (SHSE:688127) 30% Share Price Surge
Mar 07Financial Position Analysis
Short Term Liabilities: 688127's short term assets (CN¥729.8M) exceed its short term liabilities (CN¥365.4M).
Long Term Liabilities: 688127's short term assets (CN¥729.8M) exceed its long term liabilities (CN¥123.4M).
Debt to Equity History and Analysis
Debt Level: 688127 has more cash than its total debt.
Reducing Debt: 688127's debt to equity ratio has increased from 1.7% to 3.8% over the past 5 years.
Debt Coverage: 688127's debt is well covered by operating cash flow (764.8%).
Interest Coverage: 688127 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 | 2025/01/05 05:40 |
| End of Day Share Price | 2025/01/03 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
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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
Zhejiang Lante Optics Co., Ltd. is covered by 11 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 |
|---|---|
| Hanjing Wen | China International Capital Corporation Limited |
| Shunhe Jia | China International Capital Corporation Limited |
| Tianqing Huang | China International Capital Corporation Limited |