Union OptechLtd Balance Sheet Health
Financial Health criteria checks 4/6
Union OptechLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥582.8M, which brings its debt-to-equity ratio to 35.6%. Its total assets and total liabilities are CN¥2.8B and CN¥1.2B respectively. Union OptechLtd's EBIT is CN¥25.3M making its interest coverage ratio -3.2. It has cash and short-term investments of CN¥405.3M.
Key information
35.6%
Debt to equity ratio
CN¥582.75m
Debt
| Interest coverage ratio | -3.2x |
| Cash | CN¥405.35m |
| Equity | CN¥1.63b |
| Total liabilities | CN¥1.20b |
| Total assets | CN¥2.84b |
Recent financial health updates
Recent updates
The Returns On Capital At Union OptechLtd (SZSE:300691) Don't Inspire Confidence
Dec 18
We Believe That Union OptechLtd's (SZSE:300691) Weak Earnings Are A Good Indicator Of Underlying Profitability
Nov 02Is Union OptechLtd (SZSE:300691) A Risky Investment?
Oct 21Union Optech Co.,Ltd.'s (SZSE:300691) Shares Climb 28% But Its Business Is Yet to Catch Up
Sep 30Investors Could Be Concerned With Union OptechLtd's (SZSE:300691) Returns On Capital
Aug 19Union Optech Co.,Ltd.'s (SZSE:300691) Shares May Have Run Too Fast Too Soon
Aug 01Investors Can Find Comfort In Union OptechLtd's (SZSE:300691) Earnings Quality
May 02Union OptechLtd (SZSE:300691) Could Be Struggling To Allocate Capital
Apr 17Pinning Down Union Optech Co.,Ltd.'s (SZSE:300691) P/E Is Difficult Right Now
Feb 28Financial Position Analysis
Short Term Liabilities: 300691's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥857.9M).
Long Term Liabilities: 300691's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥347.1M).
Debt to Equity History and Analysis
Debt Level: 300691's net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: 300691's debt to equity ratio has increased from 17.5% to 35.6% over the past 5 years.
Debt Coverage: 300691's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300691 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 | 2024/12/25 03:48 |
| End of Day Share Price | 2024/12/25 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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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
Union Optech 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 |
|---|---|
| Fan Yan | China Merchants Securities Co. Ltd. |
| Jian Pan | Tianfeng Securities Brokerage Co., Ltd |
| JunJie Chen | Tianfeng Securities Brokerage Co., Ltd |