Tianjin Jingwei Huikai Optoelectronic Balance Sheet Health
Financial Health criteria checks 4/6
Tianjin Jingwei Huikai Optoelectronic has a total shareholder equity of CN¥3.0B and total debt of CN¥854.4M, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are CN¥4.7B and CN¥1.6B respectively. Tianjin Jingwei Huikai Optoelectronic's EBIT is CN¥30.3M making its interest coverage ratio 0.6. It has cash and short-term investments of CN¥991.8M.
Key information
28.3%
Debt to equity ratio
CN¥854.35m
Debt
| Interest coverage ratio | 0.6x |
| Cash | CN¥991.75m |
| Equity | CN¥3.02b |
| Total liabilities | CN¥1.63b |
| Total assets | CN¥4.65b |
Recent financial health updates
Recent updates
Is Tianjin Jingwei Huikai Optoelectronic (SZSE:300120) A Risky Investment?
Dec 18
Why Investors Shouldn't Be Surprised By Tianjin Jingwei Huikai Optoelectronic Co., Ltd.'s (SZSE:300120) 25% Share Price Plunge
Nov 27Tianjin Jingwei Huikai Optoelectronic Co., Ltd.'s (SZSE:300120) Shares Bounce 59% But Its Business Still Trails The Industry
Oct 08Tianjin Jingwei Huikai Optoelectronic (SZSE:300120) Could Be Struggling To Allocate Capital
Sep 30Tianjin Jingwei Huikai Optoelectronic Co., Ltd. (SZSE:300120) Stock Catapults 32% Though Its Price And Business Still Lag The Industry
Jul 04Investors Could Be Concerned With Tianjin Jingwei Huikai Optoelectronic's (SZSE:300120) Returns On Capital
May 21Tianjin Jingwei Huikai Optoelectronic Co., Ltd. (SZSE:300120) Held Back By Insufficient Growth Even After Shares Climb 27%
Mar 06Financial Position Analysis
Short Term Liabilities: 300120's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300120's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥452.1M).
Debt to Equity History and Analysis
Debt Level: 300120 has more cash than its total debt.
Reducing Debt: 300120's debt to equity ratio has increased from 19.7% to 28.3% over the past 5 years.
Debt Coverage: 300120's debt is well covered by operating cash flow (21.2%).
Interest Coverage: 300120's interest payments on its debt are not well covered by EBIT (0.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 14:03 |
| End of Day Share Price | 2025/01/03 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
Tianjin Jingwei Huikai Optoelectronic 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 |
|---|---|
| Hang Jun Pan | Central China Securities Co., Ltd. |
| Chen Su | Zhongtai Securities Co. Ltd. |