Meter Instruments Co., Ltd.

SZSE:301006 Stock Report

Market Cap: CN¥1.9b

Meter Instruments Balance Sheet Health

Financial Health criteria checks 6/6

Meter Instruments has a total shareholder equity of CN¥1.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.4B and CN¥158.8M respectively. Meter Instruments's EBIT is CN¥64.8M making its interest coverage ratio -3.8. It has cash and short-term investments of CN¥529.5M.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-3.8x
CashCN¥529.48m
EquityCN¥1.22b
Total liabilitiesCN¥158.78m
Total assetsCN¥1.38b

Recent financial health updates

No updates

Recent updates

Meter Instruments' (SZSE:301006) Weak Earnings May Only Reveal A Part Of The Whole Picture

Nov 04
Meter Instruments' (SZSE:301006) Weak Earnings May Only Reveal A Part Of The Whole Picture

Benign Growth For Meter Instruments Co., Ltd. (SZSE:301006) Underpins Its Share Price

Sep 11
Benign Growth For Meter Instruments Co., Ltd. (SZSE:301006) Underpins Its Share Price

Meter Instruments (SZSE:301006) Is Paying Out Less In Dividends Than Last Year

Jul 05
Meter Instruments (SZSE:301006) Is Paying Out Less In Dividends Than Last Year

Investors Aren't Buying Meter Instruments Co., Ltd.'s (SZSE:301006) Earnings

Apr 29
Investors Aren't Buying Meter Instruments Co., Ltd.'s (SZSE:301006) Earnings

Financial Position Analysis

Short Term Liabilities: 301006's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥146.1M).

Long Term Liabilities: 301006's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥12.7M).


Debt to Equity History and Analysis

Debt Level: 301006 is debt free.

Reducing Debt: 301006 has not had any debt for past 5 years.

Debt Coverage: 301006 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 301006 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 01:26
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Meter Instruments 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.

AnalystInstitution