Dongguan Mentech Optical & Magnetic Balance Sheet Health
Financial Health criteria checks 5/6
Dongguan Mentech Optical & Magnetic has a total shareholder equity of CN¥1.1B and total debt of CN¥445.2M, which brings its debt-to-equity ratio to 39.8%. Its total assets and total liabilities are CN¥2.8B and CN¥1.6B respectively.
Key information
39.8%
Debt to equity ratio
CN¥445.23m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥362.91m |
| Equity | CN¥1.12b |
| Total liabilities | CN¥1.65b |
| Total assets | CN¥2.76b |
Recent financial health updates
Recent updates
Take Care Before Diving Into The Deep End On Dongguan Mentech Optical & Magnetic Co., Ltd. (SZSE:002902)
Jul 17
Is Dongguan Mentech Optical & Magnetic (SZSE:002902) Weighed On By Its Debt Load?
May 21Dongguan Mentech Optical & Magnetic Co., Ltd.'s (SZSE:002902) Shares Climb 98% But Its Business Is Yet to Catch Up
Mar 14Financial Position Analysis
Short Term Liabilities: 002902's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 002902's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥90.4M).
Debt to Equity History and Analysis
Debt Level: 002902's net debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: 002902's debt to equity ratio has increased from 10.2% to 39.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 002902 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002902 has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 11.5% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 15:17 |
| 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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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
Dongguan Mentech Optical & Magnetic Co., Ltd. is covered by 1 analysts. 1 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 |
|---|---|
| Tanghai Qing | Tianfeng Securities Brokerage Co., Ltd |