Shenzhen Longtech Smart Control Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Longtech Smart Control has a total shareholder equity of CN¥1.3B and total debt of CN¥40.0M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are CN¥1.8B and CN¥484.3M respectively. Shenzhen Longtech Smart Control's EBIT is CN¥132.2M making its interest coverage ratio -5.7. It has cash and short-term investments of CN¥1.0B.
Key information
3.1%
Debt to equity ratio
CN¥40.03m
Debt
| Interest coverage ratio | -5.7x |
| Cash | CN¥1.02b |
| Equity | CN¥1.29b |
| Total liabilities | CN¥484.35m |
| Total assets | CN¥1.77b |
Recent financial health updates
Recent updates
Shenzhen Longtech Smart Control Co., Ltd.'s (SZSE:300916) Shares Bounce 34% But Its Business Still Trails The Market
Nov 12
Shenzhen Longtech Smart Control Co., Ltd.'s (SZSE:300916) Earnings Are Not Doing Enough For Some Investors
Sep 27Shenzhen Longtech Smart Control (SZSE:300916) Has A Pretty Healthy Balance Sheet
Jul 13Earnings Not Telling The Story For Shenzhen Longtech Smart Control Co., Ltd. (SZSE:300916) After Shares Rise 43%
Apr 21Shenzhen Longtech Smart Control's (SZSE:300916) Problems Go Beyond Weak Profit
Mar 28Shenzhen Longtech Smart Control Co., Ltd. (SZSE:300916) Surges 35% Yet Its Low P/E Is No Reason For Excitement
Mar 06Financial Position Analysis
Short Term Liabilities: 300916's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥470.2M).
Long Term Liabilities: 300916's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥14.2M).
Debt to Equity History and Analysis
Debt Level: 300916 has more cash than its total debt.
Reducing Debt: 300916's debt to equity ratio has increased from 0.5% to 3.1% over the past 5 years.
Debt Coverage: 300916's debt is well covered by operating cash flow (641.9%).
Interest Coverage: 300916 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 12:16 |
| 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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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
Shenzhen Longtech Smart Control 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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