Leyard Optoelectronic Co., Ltd.

SZSE:300296 Stock Report

Market Cap: CN¥20.0b

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 ratio6.5x
CashCN¥2.02b
EquityCN¥8.53b
Total liabilitiesCN¥5.91b
Total assetsCN¥14.44b

Recent financial health updates

Recent updates

Leyard Optoelectronic Co., Ltd. (SZSE:300296) Shares Fly 44% But Investors Aren't Buying For Growth

Dec 13
Leyard Optoelectronic Co., Ltd. (SZSE:300296) Shares Fly 44% But Investors Aren't Buying For Growth

Leyard Optoelectronic Co., Ltd. (SZSE:300296) Surges 47% Yet Its Low P/S Is No Reason For Excitement

Oct 08
Leyard Optoelectronic Co., Ltd. (SZSE:300296) Surges 47% Yet Its Low P/S Is No Reason For Excitement

These 4 Measures Indicate That Leyard Optoelectronic (SZSE:300296) Is Using Debt Reasonably Well

Sep 24
These 4 Measures Indicate That Leyard Optoelectronic (SZSE:300296) Is Using Debt Reasonably Well

We Think That There Are More Issues For Leyard Optoelectronic (SZSE:300296) Than Just Sluggish Earnings

Sep 03
We Think That There Are More Issues For Leyard Optoelectronic (SZSE:300296) Than Just Sluggish Earnings

Why We're Not Concerned About Leyard Optoelectronic Co., Ltd.'s (SZSE:300296) Share Price

Jul 24
Why We're Not Concerned About Leyard Optoelectronic Co., Ltd.'s (SZSE:300296) Share Price

Leyard Optoelectronic (SZSE:300296) Has Announced That It Will Be Increasing Its Dividend To CN¥0.05

May 12
Leyard Optoelectronic (SZSE:300296) Has Announced That It Will Be Increasing Its Dividend To CN¥0.05

Revenue Downgrade: Here's What Analysts Forecast For Leyard Optoelectronic Co., Ltd. (SZSE:300296)

Apr 14
Revenue Downgrade: Here's What Analysts Forecast For Leyard Optoelectronic Co., Ltd. (SZSE:300296)

Here's What's Concerning About Leyard Optoelectronic's (SZSE:300296) Returns On Capital

Mar 26
Here's What's Concerning About Leyard Optoelectronic's (SZSE:300296) Returns On Capital

Leyard Optoelectronic Co., Ltd.'s (SZSE:300296) 26% Jump Shows Its Popularity With Investors

Mar 04
Leyard Optoelectronic Co., Ltd.'s (SZSE:300296) 26% Jump Shows Its Popularity With Investors

These 4 Measures Indicate That Leyard Optoelectronic (SZSE:300296) Is Using Debt Reasonably Well

Mar 01
These 4 Measures Indicate That Leyard Optoelectronic (SZSE:300296) Is Using Debt Reasonably Well

Financial 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

DataLast Updated (UTC time)
Company Analysis2024/12/21 04:52
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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.

AnalystInstitution
Xiaoqiang GaoChangjiang Securities Co. LTD.
Chen HeChasing Securities
Liang LongChasing Securities