WCON Electronics (Guangdong) Balance Sheet Health
Financial Health criteria checks 6/6
WCON Electronics (Guangdong) has a total shareholder equity of CN¥1.9B and total debt of CN¥1.3M, which brings its debt-to-equity ratio to 0.07%. Its total assets and total liabilities are CN¥2.0B and CN¥85.6M respectively. WCON Electronics (Guangdong)'s EBIT is CN¥77.5M making its interest coverage ratio -3.8. It has cash and short-term investments of CN¥1.1B.
Key information
0.07%
Debt to equity ratio
CN¥1.25m
Debt
| Interest coverage ratio | -3.8x |
| Cash | CN¥1.06b |
| Equity | CN¥1.91b |
| Total liabilities | CN¥85.60m |
| Total assets | CN¥1.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301328's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥80.6M).
Long Term Liabilities: 301328's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥5.0M).
Debt to Equity History and Analysis
Debt Level: 301328 has more cash than its total debt.
Reducing Debt: 301328's debt to equity ratio has reduced from 12.5% to 0.07% over the past 5 years.
Debt Coverage: 301328's debt is well covered by operating cash flow (9512.6%).
Interest Coverage: 301328 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 | 2024/12/27 09:41 |
| 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
WCON Electronics (Guangdong) Co., Ltd. is covered by 3 analysts. 1 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. |
| Jing Fang | Minsheng Securities Co. |
| Jian Pan | Tianfeng Securities Brokerage Co., Ltd |