Well Shin Technology Balance Sheet Health
Financial Health criteria checks 6/6
Well Shin Technology has a total shareholder equity of NT$6.9B and total debt of NT$243.8M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are NT$9.0B and NT$2.1B respectively. Well Shin Technology's EBIT is NT$753.7M making its interest coverage ratio -16.4. It has cash and short-term investments of NT$2.1B.
Key information
3.5%
Debt to equity ratio
NT$243.75m
Debt
| Interest coverage ratio | -16.4x |
| Cash | NT$2.09b |
| Equity | NT$6.88b |
| Total liabilities | NT$2.13b |
| Total assets | NT$9.01b |
Recent financial health updates
Does Well Shin Technology (TWSE:3501) Have A Healthy Balance Sheet?
Aug 13
Is Well Shin Technology (TPE:3501) A Risky Investment?
Feb 03
Recent updates
Does Well Shin Technology (TWSE:3501) Have A Healthy Balance Sheet?
Aug 13Well Shin Technology's (TWSE:3501) Shareholders Will Receive A Smaller Dividend Than Last Year
Jul 12Well Shin Technology (TWSE:3501) Could Be Struggling To Allocate Capital
Jun 17There May Be Reason For Hope In Well Shin Technology's (TWSE:3501) Disappointing Earnings
Mar 22Are Dividend Investors Getting More Than They Bargained For With Well Shin Technology Co., Ltd.'s (TPE:3501) Dividend?
Mar 29Well Shin Technology Co., Ltd.'s (TPE:3501) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?
Mar 09Is Well Shin Technology Co., Ltd. (TPE:3501) Worth NT$51.8 Based On Its Intrinsic Value?
Feb 18Is Well Shin Technology (TPE:3501) A Risky Investment?
Feb 03Are Well Shin Technology's (TPE:3501) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 19Well Shin Technology (TPE:3501) Has Compensated Shareholders With A Respectable 58% Return On Their Investment
Jan 06Investors In Well Shin Technology Co., Ltd. (TPE:3501) Should Consider This, First
Dec 24What These Trends Mean At Well Shin Technology (TPE:3501)
Dec 11Does Well Shin Technology Co., Ltd.'s (TPE:3501) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?
Nov 26Financial Position Analysis
Short Term Liabilities: 3501's short term assets (NT$6.3B) exceed its short term liabilities (NT$1.3B).
Long Term Liabilities: 3501's short term assets (NT$6.3B) exceed its long term liabilities (NT$809.4M).
Debt to Equity History and Analysis
Debt Level: 3501 has more cash than its total debt.
Reducing Debt: 3501's debt to equity ratio has reduced from 12% to 3.5% over the past 5 years.
Debt Coverage: 3501's debt is well covered by operating cash flow (194.5%).
Interest Coverage: 3501 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 | 2024/12/23 01:13 |
| End of Day Share Price | 2024/12/23 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 |
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| Market Prices | 30 years |
| |
| 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
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
Well Shin Technology 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 |
|---|---|
| Meizhen Wang | Capital Securities Corporation |
| Dewei Tseng | Jih Sun Securities Investment Consulting Co., Ltd. |
| Shuchun Hsiao | Masterlink Securities Corp. |