Zhejiang Crystal-Optech Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Crystal-Optech has a total shareholder equity of CN¥9.2B and total debt of CN¥134.2M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are CN¥11.5B and CN¥2.3B respectively. Zhejiang Crystal-Optech's EBIT is CN¥958.3M making its interest coverage ratio -11.9. It has cash and short-term investments of CN¥2.2B.
Key information
1.5%
Debt to equity ratio
CN¥134.21m
Debt
| Interest coverage ratio | -11.9x |
| Cash | CN¥2.16b |
| Equity | CN¥9.22b |
| Total liabilities | CN¥2.30b |
| Total assets | CN¥11.51b |
Recent financial health updates
Recent updates
Does Zhejiang Crystal-Optech (SZSE:002273) Deserve A Spot On Your Watchlist?
Dec 16
Zhejiang Crystal-Optech Co., Ltd's (SZSE:002273) Price Is Right But Growth Is Lacking
Dec 03Zhejiang Crystal-Optech (SZSE:002273) Might Have The Makings Of A Multi-Bagger
Nov 18Impressive Earnings May Not Tell The Whole Story For Zhejiang Crystal-Optech (SZSE:002273)
Nov 04Zhejiang Crystal-Optech Co., Ltd (SZSE:002273) Shares Could Be 21% Above Their Intrinsic Value Estimate
Oct 16Here's Why Zhejiang Crystal-Optech (SZSE:002273) Has Caught The Eye Of Investors
Aug 21Zhejiang Crystal-Optech (SZSE:002273) Seems To Use Debt Quite Sensibly
Aug 08Returns On Capital At Zhejiang Crystal-Optech (SZSE:002273) Have Hit The Brakes
Jul 25Zhejiang Crystal-Optech Co., Ltd (SZSE:002273) Stock Rockets 34% As Investors Are Less Pessimistic Than Expected
Jul 12Here's Why Zhejiang Crystal-Optech (SZSE:002273) Has Caught The Eye Of Investors
May 21Results: Zhejiang Crystal-Optech Co., Ltd Beat Earnings Expectations And Analysts Now Have New Forecasts
May 02Here's What To Make Of Zhejiang Crystal-Optech's (SZSE:002273) Decelerating Rates Of Return
Apr 16Zhejiang Crystal-Optech (SZSE:002273) Strong Profits May Be Masking Some Underlying Issues
Mar 29Why Investors Shouldn't Be Surprised By Zhejiang Crystal-Optech Co., Ltd's (SZSE:002273) 32% Share Price Surge
Mar 07Financial Position Analysis
Short Term Liabilities: 002273's short term assets (CN¥4.4B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 002273's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥188.7M).
Debt to Equity History and Analysis
Debt Level: 002273 has more cash than its total debt.
Reducing Debt: 002273's debt to equity ratio has reduced from 23.4% to 1.5% over the past 5 years.
Debt Coverage: 002273's debt is well covered by operating cash flow (1606.3%).
Interest Coverage: 002273 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 18:55 |
| 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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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 Crystal-Optech Co., Ltd is covered by 29 analysts. 9 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 |
|---|---|
| Kexin Zhu | BofA Global Research |
| Xiaoqiang Gao | Changjiang Securities Co. LTD. |
| Chen He | Chasing Securities |