Wuxi Taclink Optoelectronics Technology Balance Sheet Health
Financial Health criteria checks 6/6
Wuxi Taclink Optoelectronics Technology has a total shareholder equity of CN¥2.2B and total debt of CN¥20.0M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are CN¥2.6B and CN¥354.1M respectively. Wuxi Taclink Optoelectronics Technology's EBIT is CN¥85.6M making its interest coverage ratio -2.3. It has cash and short-term investments of CN¥1.4B.
Key information
0.9%
Debt to equity ratio
CN¥20.02m
Debt
| Interest coverage ratio | -2.3x |
| Cash | CN¥1.36b |
| Equity | CN¥2.21b |
| Total liabilities | CN¥354.14m |
| Total assets | CN¥2.56b |
Recent financial health updates
No updates
Recent updates
Wuxi Taclink Optoelectronics Technology Co., Ltd.'s (SHSE:688205) 30% Jump Shows Its Popularity With Investors
Nov 19
Wuxi Taclink Optoelectronics Technology's (SHSE:688205) Solid Earnings May Rest On Weak Foundations
Nov 04There Are Reasons To Feel Uneasy About Wuxi Taclink Optoelectronics Technology's (SHSE:688205) Returns On Capital
Sep 29Wuxi Taclink Optoelectronics Technology (SHSE:688205) Is Reinvesting At Lower Rates Of Return
Apr 22Subdued Growth No Barrier To Wuxi Taclink Optoelectronics Technology Co., Ltd. (SHSE:688205) With Shares Advancing 27%
Mar 04Financial Position Analysis
Short Term Liabilities: 688205's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥346.9M).
Long Term Liabilities: 688205's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥7.2M).
Debt to Equity History and Analysis
Debt Level: 688205 has more cash than its total debt.
Reducing Debt: 688205's debt to equity ratio has reduced from 39.8% to 0.9% over the past 5 years.
Debt Coverage: 688205's debt is well covered by operating cash flow (965.9%).
Interest Coverage: 688205 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 | 2024/12/24 13:25 |
| 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 * |
|---|---|---|---|
| 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
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Analyst Sources
Wuxi Taclink Optoelectronics Technology Co., Ltd. is covered by 2 analysts. 2 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 |
|---|---|
| Yayuan Huang | Citic Securities Co., Ltd. |
| Weimin Yu | Haitong International Research Limited |