Shenzhen Absen OptoelectronicLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Absen OptoelectronicLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥7.5M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥3.6B and CN¥2.0B respectively. Shenzhen Absen OptoelectronicLtd's EBIT is CN¥45.9M making its interest coverage ratio -2.3. It has cash and short-term investments of CN¥1.1B.
Key information
0.5%
Debt to equity ratio
CN¥7.47m
Debt
| Interest coverage ratio | -2.3x |
| Cash | CN¥1.09b |
| Equity | CN¥1.57b |
| Total liabilities | CN¥2.04b |
| Total assets | CN¥3.60b |
Recent financial health updates
Recent updates
Returns On Capital At Shenzhen Absen OptoelectronicLtd (SZSE:300389) Have Stalled
Mar 26
The Market Doesn't Like What It Sees From Shenzhen Absen Optoelectronic Co.,Ltd.'s (SZSE:300389) Earnings Yet
Feb 11Shenzhen Absen Optoelectronic Co.,Ltd.'s (SZSE:300389) Shares Bounce 36% But Its Business Still Trails The Market
Oct 25Shenzhen Absen OptoelectronicLtd's (SZSE:300389) Returns Have Hit A Wall
Sep 27The Returns At Shenzhen Absen OptoelectronicLtd (SZSE:300389) Aren't Growing
Jun 08Shenzhen Absen OptoelectronicLtd (SZSE:300389) Will Pay A Dividend Of CN¥0.30
May 21Concerns Surrounding Shenzhen Absen OptoelectronicLtd's (SZSE:300389) Performance
May 02Not Many Are Piling Into Shenzhen Absen Optoelectronic Co.,Ltd. (SZSE:300389) Stock Yet As It Plummets 26%
Apr 10Shenzhen Absen OptoelectronicLtd (SZSE:300389) Could Easily Take On More Debt
Mar 22Financial Position Analysis
Short Term Liabilities: 300389's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 300389's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥85.1M).
Debt to Equity History and Analysis
Debt Level: 300389 has more cash than its total debt.
Reducing Debt: 300389's debt to equity ratio has reduced from 2.1% to 0.5% over the past 5 years.
Debt Coverage: 300389's debt is well covered by operating cash flow (2574%).
Interest Coverage: 300389 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 | 2025/04/30 11:38 |
| End of Day Share Price | 2025/04/30 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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.
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 Github.
Analyst Sources
Shenzhen Absen Optoelectronic Co.,Ltd. is covered by 5 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 |
|---|---|
| Xiaoqiang Gao | Changjiang Securities Co. LTD. |
| Hongda Zheng | Haitong International Research Limited |
| Liang Liu | Industrial Securities Co. Ltd. |