Hangzhou Prevail Optoelectronic Equipment Balance Sheet Health
Financial Health criteria checks 6/6
Hangzhou Prevail Optoelectronic Equipment has a total shareholder equity of CN¥692.7M and total debt of CN¥71.6M, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are CN¥879.7M and CN¥186.9M respectively. Hangzhou Prevail Optoelectronic Equipment's EBIT is CN¥19.8M making its interest coverage ratio 9.1. It has cash and short-term investments of CN¥105.1M.
Key information
10.3%
Debt to equity ratio
CN¥71.56m
Debt
| Interest coverage ratio | 9.1x |
| Cash | CN¥105.08m |
| Equity | CN¥692.71m |
| Total liabilities | CN¥186.95m |
| Total assets | CN¥879.66m |
Recent financial health updates
No updates
Recent updates
Returns On Capital At Hangzhou Prevail Optoelectronic Equipment (SZSE:300710) Have Stalled
Dec 24
Revenues Not Telling The Story For Hangzhou Prevail Optoelectronic Equipment Co., Ltd. (SZSE:300710) After Shares Rise 33%
Oct 29We Think Hangzhou Prevail Optoelectronic Equipment's (SZSE:300710) Solid Earnings Are Understated
Sep 04Returns On Capital At Hangzhou Prevail Optoelectronic Equipment (SZSE:300710) Paint A Concerning Picture
Jul 18Some Confidence Is Lacking In Hangzhou Prevail Optoelectronic Equipment Co., Ltd.'s (SZSE:300710) P/S
Jun 06Hangzhou Prevail Optoelectronic Equipment's (SZSE:300710) Returns On Capital Are Heading Higher
Apr 17Hangzhou Prevail Optoelectronic Equipment Co., Ltd.'s (SZSE:300710) 31% Share Price Surge Not Quite Adding Up
Mar 07Financial Position Analysis
Short Term Liabilities: 300710's short term assets (CN¥418.4M) exceed its short term liabilities (CN¥180.6M).
Long Term Liabilities: 300710's short term assets (CN¥418.4M) exceed its long term liabilities (CN¥6.4M).
Debt to Equity History and Analysis
Debt Level: 300710 has more cash than its total debt.
Reducing Debt: 300710's debt to equity ratio has reduced from 10.9% to 10.3% over the past 5 years.
Debt Coverage: 300710's debt is well covered by operating cash flow (65.7%).
Interest Coverage: 300710's interest payments on its debt are well covered by EBIT (9.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 10:18 |
| End of Day Share Price | 2024/12/27 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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Industry and Sector Metrics
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Analyst Sources
Hangzhou Prevail Optoelectronic Equipment Co., Ltd. is covered by 0 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 |
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