Wanma Technology Balance Sheet Health
Financial Health criteria checks 4/6
Wanma Technology has a total shareholder equity of CN¥474.3M and total debt of CN¥170.4M, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are CN¥926.7M and CN¥452.5M respectively. Wanma Technology's EBIT is CN¥59.0M making its interest coverage ratio -225. It has cash and short-term investments of CN¥79.9M.
Key information
35.9%
Debt to equity ratio
CN¥170.40m
Debt
| Interest coverage ratio | -225x |
| Cash | CN¥79.86m |
| Equity | CN¥474.27m |
| Total liabilities | CN¥452.46m |
| Total assets | CN¥926.73m |
Recent financial health updates
Recent updates
Wanma Technology's (SZSE:300698) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 04
Wanma Technology Co., Ltd. (SZSE:300698) Stock Rockets 55% As Investors Are Less Pessimistic Than Expected
Oct 09If EPS Growth Is Important To You, Wanma Technology (SZSE:300698) Presents An Opportunity
Sep 30Is Wanma Technology (SZSE:300698) A Risky Investment?
Jun 27Wanma Technology Co., Ltd.'s (SZSE:300698) P/E Still Appears To Be Reasonable
Jun 07Do Wanma Technology's (SZSE:300698) Earnings Warrant Your Attention?
May 22Investors Shouldn't Be Too Comfortable With Wanma Technology's (SZSE:300698) Earnings
Apr 05Wanma Technology Co., Ltd. (SZSE:300698) Stock Rockets 31% As Investors Are Less Pessimistic Than Expected
Mar 06Wanma Technology (SZSE:300698) Is Doing The Right Things To Multiply Its Share Price
Feb 27Financial Position Analysis
Short Term Liabilities: 300698's short term assets (CN¥578.3M) exceed its short term liabilities (CN¥426.5M).
Long Term Liabilities: 300698's short term assets (CN¥578.3M) exceed its long term liabilities (CN¥26.0M).
Debt to Equity History and Analysis
Debt Level: 300698's net debt to equity ratio (19.1%) is considered satisfactory.
Reducing Debt: 300698's debt to equity ratio has increased from 19.5% to 35.9% over the past 5 years.
Debt Coverage: 300698's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300698 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 | 2025/02/07 11:12 |
| End of Day Share Price | 2025/02/07 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.
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
Wanma Technology Co., Ltd. is covered by 3 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 |
|---|---|
| null null | Citic Securities Co., Ltd. |
| Weichen Wu | Citic Securities Co., Ltd. |
| Gen He | Everbright Securities Co. Ltd. |