Shanghai Conant Optical Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Conant Optical has a total shareholder equity of CN¥1.5B and total debt of CN¥209.7M, which brings its debt-to-equity ratio to 14.4%. Its total assets and total liabilities are CN¥2.2B and CN¥719.5M respectively. Shanghai Conant Optical's EBIT is CN¥428.0M making its interest coverage ratio 58.5. It has cash and short-term investments of CN¥612.7M.
Key information
14.4%
Debt to equity ratio
CN¥209.67m
Debt
| Interest coverage ratio | 58.5x |
| Cash | CN¥612.66m |
| Equity | CN¥1.46b |
| Total liabilities | CN¥719.52m |
| Total assets | CN¥2.18b |
Recent financial health updates
No updates
Recent updates
The Trend Of High Returns At Shanghai Conant Optical (HKG:2276) Has Us Very Interested
Dec 10
Here's Why We Think Shanghai Conant Optical (HKG:2276) Might Deserve Your Attention Today
Jun 18The Price Is Right For Shanghai Conant Optical Co., Ltd. (HKG:2276)
May 27A Look At The Fair Value Of Shanghai Conant Optical Co., Ltd. (HKG:2276)
Mar 21Financial Position Analysis
Short Term Liabilities: 2276's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥612.7M).
Long Term Liabilities: 2276's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥106.8M).
Debt to Equity History and Analysis
Debt Level: 2276 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2276's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2276's debt is well covered by operating cash flow (262.4%).
Interest Coverage: 2276's interest payments on its debt are well covered by EBIT (58.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 16:55 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/06/30 |
| 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
Shanghai Conant Optical Co., Ltd. is covered by 6 analysts. 5 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 |
|---|---|
| Tsz-Wang Tam | DBS Bank Ltd |
| null null | Guoyuan Securities (HK) Ltd |
| Eason Cui | Kingsway Financial Services Group Limited |