Acotec Scientific Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Acotec Scientific Holdings has a total shareholder equity of CN¥1.3B and total debt of CN¥55.0M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are CN¥1.7B and CN¥371.9M respectively. Acotec Scientific Holdings's EBIT is CN¥17.7M making its interest coverage ratio -1.2. It has cash and short-term investments of CN¥927.2M.
Key information
4.1%
Debt to equity ratio
CN¥54.97m
Debt
| Interest coverage ratio | -1.2x |
| Cash | CN¥927.21m |
| Equity | CN¥1.34b |
| Total liabilities | CN¥371.93m |
| Total assets | CN¥1.71b |
Recent financial health updates
Recent updates
An Intrinsic Calculation For Acotec Scientific Holdings Limited (HKG:6669) Suggests It's 46% Undervalued
Mar 21
We Think Acotec Scientific Holdings (HKG:6669) Can Easily Afford To Drive Business Growth
Nov 17Acotec Scientific Holdings Limited's (HKG:6669) Intrinsic Value Is Potentially 42% Above Its Share Price
Oct 20Acotec Scientific Holdings (HKG:6669) Has More To Do To Multiply In Value Going Forward
Sep 24An Intrinsic Calculation For Acotec Scientific Holdings Limited (HKG:6669) Suggests It's 49% Undervalued
Jul 01Financial Position Analysis
Short Term Liabilities: 6669's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥190.7M).
Long Term Liabilities: 6669's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥181.2M).
Debt to Equity History and Analysis
Debt Level: 6669 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6669's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6669's debt is well covered by operating cash flow (49.7%).
Interest Coverage: 6669 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 | 2024/12/31 18:47 |
| End of Day Share Price | 2024/12/31 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
Acotec Scientific Holdings Limited is covered by 4 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 |
|---|---|
| Bo Yu | China International Capital Corporation Limited |
| Yuan Gao | China International Capital Corporation Limited |
| Yiling Chen | Guosen Securities Co., Ltd. |