Shenzhen Neoway Technology Co.,Ltd.

SHSE:688159 Stock Report

Market Cap: CN¥3.4b

Shenzhen Neoway TechnologyLtd Balance Sheet Health

Financial Health criteria checks 4/6

Shenzhen Neoway TechnologyLtd has a total shareholder equity of CN¥842.0M and total debt of CN¥439.9M, which brings its debt-to-equity ratio to 52.3%. Its total assets and total liabilities are CN¥1.9B and CN¥1.1B respectively. Shenzhen Neoway TechnologyLtd's EBIT is CN¥121.7M making its interest coverage ratio 5.6. It has cash and short-term investments of CN¥150.7M.

Key information

52.3%

Debt to equity ratio

CN¥439.94m

Debt

Interest coverage ratio5.6x
CashCN¥150.66m
EquityCN¥841.96m
Total liabilitiesCN¥1.09b
Total assetsCN¥1.94b

Recent financial health updates

No updates

Recent updates

Shenzhen Neoway TechnologyLtd (SHSE:688159) Shareholders Will Want The ROCE Trajectory To Continue

Feb 06
Shenzhen Neoway TechnologyLtd (SHSE:688159) Shareholders Will Want The ROCE Trajectory To Continue

Shenzhen Neoway Technology Co.,Ltd.'s (SHSE:688159) Subdued P/S Might Signal An Opportunity

Jan 07
Shenzhen Neoway Technology Co.,Ltd.'s (SHSE:688159) Subdued P/S Might Signal An Opportunity

There May Be Underlying Issues With The Quality Of Shenzhen Neoway TechnologyLtd's (SHSE:688159) Earnings

Nov 06
There May Be Underlying Issues With The Quality Of Shenzhen Neoway TechnologyLtd's (SHSE:688159) Earnings

Further Upside For Shenzhen Neoway Technology Co.,Ltd. (SHSE:688159) Shares Could Introduce Price Risks After 52% Bounce

Oct 09
Further Upside For Shenzhen Neoway Technology Co.,Ltd. (SHSE:688159) Shares Could Introduce Price Risks After 52% Bounce

Little Excitement Around Shenzhen Neoway Technology Co.,Ltd.'s (SHSE:688159) Revenues As Shares Take 25% Pounding

Aug 11
Little Excitement Around Shenzhen Neoway Technology Co.,Ltd.'s (SHSE:688159) Revenues As Shares Take 25% Pounding

Here's What's Concerning About Shenzhen Neoway TechnologyLtd's (SHSE:688159) Returns On Capital

Jul 19
Here's What's Concerning About Shenzhen Neoway TechnologyLtd's (SHSE:688159) Returns On Capital

Why Investors Shouldn't Be Surprised By Shenzhen Neoway Technology Co.,Ltd.'s (SHSE:688159) 28% Share Price Plunge

Jun 06
Why Investors Shouldn't Be Surprised By Shenzhen Neoway Technology Co.,Ltd.'s (SHSE:688159) 28% Share Price Plunge

Additional Considerations Required While Assessing Shenzhen Neoway TechnologyLtd's (SHSE:688159) Strong Earnings

May 06
Additional Considerations Required While Assessing Shenzhen Neoway TechnologyLtd's (SHSE:688159) Strong Earnings

Shenzhen Neoway Technology Co.,Ltd.'s (SHSE:688159) Price Is Right But Growth Is Lacking After Shares Rocket 28%

Mar 13
Shenzhen Neoway Technology Co.,Ltd.'s (SHSE:688159) Price Is Right But Growth Is Lacking After Shares Rocket 28%

Financial Position Analysis

Short Term Liabilities: 688159's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥1.1B).

Long Term Liabilities: 688159's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥19.0M).

Debt to Equity History and Analysis

Debt Level: 688159's net debt to equity ratio (34.4%) is considered satisfactory.

Reducing Debt: 688159's debt to equity ratio has increased from 39.6% to 52.3% over the past 5 years.

Debt Coverage: 688159's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 688159's interest payments on its debt are well covered by EBIT (5.6x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 08:52
End of Day Share Price 2025/02/07 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Shenzhen Neoway Technology Co.,Ltd. is covered by 2 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.

AnalystInstitution
Tianyi MaMinsheng Securities Co.
Yi Hong WangTianfeng Securities Brokerage Co., Ltd