Optowide Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Optowide Technologies has a total shareholder equity of CN¥960.2M and total debt of CN¥145.6M, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are CN¥1.3B and CN¥315.1M respectively. Optowide Technologies's EBIT is CN¥66.2M making its interest coverage ratio -16.9. It has cash and short-term investments of CN¥210.3M.
Key information
15.2%
Debt to equity ratio
CN¥145.56m
Debt
| Interest coverage ratio | -16.9x |
| Cash | CN¥210.27m |
| Equity | CN¥960.20m |
| Total liabilities | CN¥315.14m |
| Total assets | CN¥1.28b |
Recent financial health updates
No updates
Recent updates
Optowide Technologies Co., Ltd.'s (SHSE:688195) 50% Jump Shows Its Popularity With Investors
Nov 15
Market Participants Recognise Optowide Technologies Co., Ltd.'s (SHSE:688195) Earnings Pushing Shares 33% Higher
Oct 01Be Wary Of Optowide Technologies (SHSE:688195) And Its Returns On Capital
Apr 27Why Optowide Technologies' (SHSE:688195) Shaky Earnings Are Just The Beginning Of Its Problems
Mar 28Market Participants Recognise Optowide Technologies Co., Ltd.'s (SHSE:688195) Revenues Pushing Shares 25% Higher
Mar 04Financial Position Analysis
Short Term Liabilities: 688195's short term assets (CN¥585.0M) exceed its short term liabilities (CN¥261.4M).
Long Term Liabilities: 688195's short term assets (CN¥585.0M) exceed its long term liabilities (CN¥53.7M).
Debt to Equity History and Analysis
Debt Level: 688195 has more cash than its total debt.
Reducing Debt: 688195's debt to equity ratio has increased from 3.3% to 15.2% over the past 5 years.
Debt Coverage: 688195's debt is well covered by operating cash flow (46.5%).
Interest Coverage: 688195 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 | 2024/12/25 18:57 |
| End of Day Share Price | 2024/12/25 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
Optowide Technologies Co., Ltd. is covered by 4 analysts. 3 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 |
|---|---|
| Jun Yu | China Merchants Securities Co. Ltd. |
| Yi Liu | Citic Securities Co., Ltd. |
| Weimin Yu | Haitong International Research Limited |