Guangdong Tecsun Science & TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Tecsun Science & TechnologyLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥5.6M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥1.5B and CN¥301.0M respectively. Guangdong Tecsun Science & TechnologyLtd's EBIT is CN¥35.2M making its interest coverage ratio -9. It has cash and short-term investments of CN¥326.5M.
Key information
0.5%
Debt to equity ratio
CN¥5.60m
Debt
| Interest coverage ratio | -9x |
| Cash | CN¥326.55m |
| Equity | CN¥1.17b |
| Total liabilities | CN¥301.03m |
| Total assets | CN¥1.47b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Guangdong Tecsun Science & Technology Co.,Ltd. (SZSE:002908) With Shares Advancing 43%
Oct 09
Guangdong Tecsun Science & TechnologyLtd (SZSE:002908) Is Reinvesting At Lower Rates Of Return
Oct 01There May Be Some Bright Spots In Guangdong Tecsun Science & TechnologyLtd's (SZSE:002908) Earnings
Aug 30Returns On Capital At Guangdong Tecsun Science & TechnologyLtd (SZSE:002908) Have Hit The Brakes
Mar 26Financial Position Analysis
Short Term Liabilities: 002908's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥291.7M).
Long Term Liabilities: 002908's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥9.3M).
Debt to Equity History and Analysis
Debt Level: 002908 has more cash than its total debt.
Reducing Debt: 002908's debt to equity ratio has increased from 0% to 0.5% over the past 5 years.
Debt Coverage: 002908's debt is well covered by operating cash flow (5039.2%).
Interest Coverage: 002908 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 | 2024/12/23 23:48 |
| End of Day Share Price | 2024/12/23 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
Guangdong Tecsun Science & Technology Co.,Ltd. is covered by 2 analysts. 0 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 |
|---|---|
| Hongda Zheng | Haitong International Research Limited |
| Weibo Zhao | Topsperity Securities |