Leyard Optoelectronic Balance Sheet Health
Financial Health criteria checks 6/6
Leyard Optoelectronic has a total shareholder equity of CN¥8.5B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are CN¥14.4B and CN¥5.9B respectively. Leyard Optoelectronic's EBIT is CN¥49.2M making its interest coverage ratio 6.5. It has cash and short-term investments of CN¥2.0B.
Key information
16.1%
Debt to equity ratio
CN¥1.37b
Debt
Interest coverage ratio | 6.5x |
Cash | CN¥2.02b |
Equity | CN¥8.53b |
Total liabilities | CN¥5.91b |
Total assets | CN¥14.44b |
Recent financial health updates
These 4 Measures Indicate That Leyard Optoelectronic (SZSE:300296) Is Using Debt Reasonably Well
Sep 24These 4 Measures Indicate That Leyard Optoelectronic (SZSE:300296) Is Using Debt Reasonably Well
Mar 01Recent updates
Leyard Optoelectronic Co., Ltd. (SZSE:300296) Shares Fly 44% But Investors Aren't Buying For Growth
Dec 13Leyard Optoelectronic Co., Ltd. (SZSE:300296) Surges 47% Yet Its Low P/S Is No Reason For Excitement
Oct 08These 4 Measures Indicate That Leyard Optoelectronic (SZSE:300296) Is Using Debt Reasonably Well
Sep 24We Think That There Are More Issues For Leyard Optoelectronic (SZSE:300296) Than Just Sluggish Earnings
Sep 03Why We're Not Concerned About Leyard Optoelectronic Co., Ltd.'s (SZSE:300296) Share Price
Jul 24Leyard Optoelectronic (SZSE:300296) Has Announced That It Will Be Increasing Its Dividend To CN¥0.05
May 12Revenue Downgrade: Here's What Analysts Forecast For Leyard Optoelectronic Co., Ltd. (SZSE:300296)
Apr 14Here's What's Concerning About Leyard Optoelectronic's (SZSE:300296) Returns On Capital
Mar 26Leyard Optoelectronic Co., Ltd.'s (SZSE:300296) 26% Jump Shows Its Popularity With Investors
Mar 04These 4 Measures Indicate That Leyard Optoelectronic (SZSE:300296) Is Using Debt Reasonably Well
Mar 01Financial Position Analysis
Short Term Liabilities: 300296's short term assets (CN¥10.3B) exceed its short term liabilities (CN¥4.6B).
Long Term Liabilities: 300296's short term assets (CN¥10.3B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 300296 has more cash than its total debt.
Reducing Debt: 300296's debt to equity ratio has reduced from 28.7% to 16.1% over the past 5 years.
Debt Coverage: 300296's debt is well covered by operating cash flow (41.9%).
Interest Coverage: 300296's interest payments on its debt are well covered by EBIT (6.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/21 04:52 |
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 * |
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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
Leyard Optoelectronic Co., Ltd. is covered by 14 analysts. 2 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 |
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Xiaoqiang Gao | Changjiang Securities Co. LTD. |
Chen He | Chasing Securities |
Liang Long | Chasing Securities |