Zhong Yang Technology Co.,Ltd

TWSE:6668 Stock Report

Market Cap: NT$5.2b

Zhong Yang TechnologyLtd Balance Sheet Health

Financial Health criteria checks 3/6

Zhong Yang TechnologyLtd has a total shareholder equity of NT$2.1B and total debt of NT$877.4M, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are NT$3.4B and NT$1.3B respectively.

Key information

42.5%

Debt to equity ratio

NT$877.45m

Debt

Interest coverage ration/a
CashNT$374.12m
EquityNT$2.07b
Total liabilitiesNT$1.33b
Total assetsNT$3.39b

Recent financial health updates

Zhong Yang TechnologyLtd (TWSE:6668) Is Making Moderate Use Of Debt

Dec 17
Zhong Yang TechnologyLtd (TWSE:6668) Is Making Moderate Use Of Debt

Zhong Yang Technology (TPE:6668) Has A Somewhat Strained Balance Sheet

Feb 18
Zhong Yang Technology (TPE:6668) Has A Somewhat Strained Balance Sheet

Recent updates

Zhong Yang TechnologyLtd (TWSE:6668) Is Making Moderate Use Of Debt

Dec 17
Zhong Yang TechnologyLtd (TWSE:6668) Is Making Moderate Use Of Debt

Why We're Not Concerned Yet About Zhong Yang Technology Co.,Ltd's (TWSE:6668) 26% Share Price Plunge

Aug 06
Why We're Not Concerned Yet About Zhong Yang Technology Co.,Ltd's (TWSE:6668) 26% Share Price Plunge

Zhong Yang Technology Co.,Ltd (TWSE:6668) Stocks Shoot Up 36% But Its P/S Still Looks Reasonable

Apr 12
Zhong Yang Technology Co.,Ltd (TWSE:6668) Stocks Shoot Up 36% But Its P/S Still Looks Reasonable

Investors Appear Satisfied With Zhong Yang Technology Co.,Ltd's (TWSE:6668) Prospects As Shares Rocket 25%

Feb 27
Investors Appear Satisfied With Zhong Yang Technology Co.,Ltd's (TWSE:6668) Prospects As Shares Rocket 25%

When Should You Buy Zhong Yang Technology Co., Ltd. (TPE:6668)?

Mar 25
When Should You Buy Zhong Yang Technology Co., Ltd. (TPE:6668)?

What Percentage Of Zhong Yang Technology Co., Ltd. (TPE:6668) Shares Do Insiders Own?

Mar 11
What Percentage Of Zhong Yang Technology Co., Ltd. (TPE:6668) Shares Do Insiders Own?

Zhong Yang Technology (TPE:6668) Has A Somewhat Strained Balance Sheet

Feb 18
Zhong Yang Technology (TPE:6668) Has A Somewhat Strained Balance Sheet

Zhong Yang Technology's (TPE:6668) Stock Price Has Reduced 59% In The Past Three Years

Feb 03
Zhong Yang Technology's (TPE:6668) Stock Price Has Reduced 59% In The Past Three Years

We're Watching These Trends At Zhong Yang Technology (TPE:6668)

Jan 20
We're Watching These Trends At Zhong Yang Technology (TPE:6668)

Does Zhong Yang Technology Co., Ltd.'s (TPE:6668) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?

Dec 31
Does Zhong Yang Technology Co., Ltd.'s (TPE:6668) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?

Is There Now An Opportunity In Zhong Yang Technology Co., Ltd. (TPE:6668)?

Dec 16
Is There Now An Opportunity In Zhong Yang Technology Co., Ltd. (TPE:6668)?

Do Institutions Own Zhong Yang Technology Co., Ltd. (TPE:6668) Shares?

Dec 01
Do Institutions Own Zhong Yang Technology Co., Ltd. (TPE:6668) Shares?

Financial Position Analysis

Short Term Liabilities: 6668's short term assets (NT$1.1B) exceed its short term liabilities (NT$771.8M).

Long Term Liabilities: 6668's short term assets (NT$1.1B) exceed its long term liabilities (NT$555.1M).

Debt to Equity History and Analysis

Debt Level: 6668's net debt to equity ratio (24.4%) is considered satisfactory.

Reducing Debt: 6668's debt to equity ratio has increased from 39.8% to 42.5% over the past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 6668 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 6668 has less than a year of cash runway if free cash flow continues to grow at historical rates of 12.1% each year.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 03:24
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Zhong Yang Technology Co.,Ltd is covered by 2 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.

AnalystInstitution
Yiho LiuCapital Securities Corporation
null nullCapital Securities Corporation