China Wire & Cable Balance Sheet Health
Financial Health criteria checks 4/6
China Wire & Cable has a total shareholder equity of NT$7.0B and total debt of NT$2.2B, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are NT$11.1B and NT$4.1B respectively. China Wire & Cable's EBIT is NT$494.7M making its interest coverage ratio -14.9. It has cash and short-term investments of NT$2.2B.
Key information
31.3%
Debt to equity ratio
NT$2.19b
Debt
| Interest coverage ratio | -14.9x |
| Cash | NT$2.18b |
| Equity | NT$7.00b |
| Total liabilities | NT$4.11b |
| Total assets | NT$11.11b |
Recent financial health updates
Recent updates
China Wire & Cable's (TWSE:1603) Upcoming Dividend Will Be Larger Than Last Year's
Aug 15
Investors Don't See Light At End Of China Wire & Cable Co., Ltd.'s (TWSE:1603) Tunnel
Aug 07Returns Are Gaining Momentum At China Wire & Cable (TWSE:1603)
Apr 18China Wire & Cable Co., Ltd.'s (TWSE:1603) Share Price Boosted 30% But Its Business Prospects Need A Lift Too
Mar 27Return Trends At China Wire & Cable (TPE:1603) Aren't Appealing
Apr 12Did You Participate In Any Of China Wire & Cable's (TPE:1603) Fantastic 111% Return ?
Mar 09What Kind Of Shareholders Hold The Majority In China Wire & Cable Co., Ltd.'s (TPE:1603) Shares?
Feb 22Is China Wire & Cable Co., Ltd. (TPE:1603) The Right Choice For A Smart Dividend Investor?
Feb 09Is China Wire & Cable (TPE:1603) A Risky Investment?
Jan 27Will China Wire & Cable's (TPE:1603) Growth In ROCE Persist?
Jan 12
Should You Be Adding China Wire & Cable (TPE:1603) To Your Watchlist Today?
Dec 29Should You Rely On China Wire & Cable's (TPE:1603) Earnings Growth?
Dec 14Financial Position Analysis
Short Term Liabilities: 1603's short term assets (NT$6.5B) exceed its short term liabilities (NT$3.4B).
Long Term Liabilities: 1603's short term assets (NT$6.5B) exceed its long term liabilities (NT$755.7M).
Debt to Equity History and Analysis
Debt Level: 1603's net debt to equity ratio (0.1%) is considered satisfactory.
Reducing Debt: 1603's debt to equity ratio has increased from 23.8% to 31.3% over the past 5 years.
Debt Coverage: 1603's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: 1603 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 21:04 |
| End of Day Share Price | 2024/12/31 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
China Wire & Cable 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.
| Analyst | Institution |
|---|