LifeTech Scientific Balance Sheet Health
Financial Health criteria checks 6/6
LifeTech Scientific has a total shareholder equity of CN¥3.4B and total debt of CN¥99.0M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are CN¥4.8B and CN¥1.4B respectively. LifeTech Scientific's EBIT is CN¥262.5M making its interest coverage ratio -16. It has cash and short-term investments of CN¥1.0B.
Key information
2.9%
Debt to equity ratio
CN¥99.00m
Debt
| Interest coverage ratio | -16x |
| Cash | CN¥1.04b |
| Equity | CN¥3.39b |
| Total liabilities | CN¥1.43b |
| Total assets | CN¥4.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1302's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥826.5M).
Long Term Liabilities: 1302's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥602.8M).
Debt to Equity History and Analysis
Debt Level: 1302 has more cash than its total debt.
Reducing Debt: 1302's debt to equity ratio has reduced from 22.7% to 2.9% over the past 5 years.
Debt Coverage: 1302's debt is well covered by operating cash flow (300.6%).
Interest Coverage: 1302 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 22:14 |
| 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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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
LifeTech Scientific Corporation is covered by 7 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 |
|---|---|
| Wai Chak Yuen | BOCI Research Ltd. |
| Yuan Gao | China International Capital Corporation Limited |
| Hanqing Zhu | Guosen Securities Co., Ltd. |