LUSTER LightTech Balance Sheet Health
Financial Health criteria checks 5/6
LUSTER LightTech has a total shareholder equity of CN¥4.0B and total debt of CN¥235.7M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CN¥5.0B and CN¥1.0B respectively. LUSTER LightTech's EBIT is CN¥9.4M making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥2.0B.
Key information
5.9%
Debt to equity ratio
CN¥235.65m
Debt
| Interest coverage ratio | -0.1x |
| Cash | CN¥2.01b |
| Equity | CN¥3.96b |
| Total liabilities | CN¥1.04b |
| Total assets | CN¥5.00b |
Recent financial health updates
These 4 Measures Indicate That LUSTER LightTech (SHSE:688400) Is Using Debt Reasonably Well
Oct 03
Is LUSTER LightTech (SHSE:688400) Using Debt Sensibly?
Jul 03Recent updates
LUSTER LightTech Co., LTD. (SHSE:688400) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected
Nov 17LUSTER LightTech's (SHSE:688400) Earnings Quality Is Low
Nov 05These 4 Measures Indicate That LUSTER LightTech (SHSE:688400) Is Using Debt Reasonably Well
Oct 03Analyst Forecasts Just Became More Bearish On LUSTER LightTech Co., LTD. (SHSE:688400)
Sep 06Is LUSTER LightTech (SHSE:688400) Using Debt Sensibly?
Jul 03Earnings Troubles May Signal Larger Issues for LUSTER LightTech (SHSE:688400) Shareholders
May 06LUSTER LightTech Co., LTD. (SHSE:688400) Shares Slammed 26% But Getting In Cheap Might Be Difficult Regardless
Apr 21LUSTER LightTech Co., LTD.'s (SHSE:688400) 29% Jump Shows Its Popularity With Investors
Mar 01Financial Position Analysis
Short Term Liabilities: 688400's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥769.8M).
Long Term Liabilities: 688400's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥267.0M).
Debt to Equity History and Analysis
Debt Level: 688400 has more cash than its total debt.
Reducing Debt: 688400's debt to equity ratio has reduced from 46.4% to 5.9% over the past 5 years.
Debt Coverage: 688400's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: 688400 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 | 2024/12/21 22:02 |
| End of Day Share Price | 2024/12/20 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
LUSTER LightTech Co., LTD. is covered by 7 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 |
|---|---|
| Jia Yan | China International Capital Corporation Limited |
| Xianfan Chen | China International Capital Corporation Limited |
| Jun Yu | China Merchants Securities Co. Ltd. |