Weikeng Industrial Balance Sheet Health
Financial Health criteria checks 3/6
Weikeng Industrial has a total shareholder equity of NT$10.1B and total debt of NT$17.1B, which brings its debt-to-equity ratio to 168.3%. Its total assets and total liabilities are NT$39.1B and NT$29.0B respectively. Weikeng Industrial's EBIT is NT$2.3B making its interest coverage ratio 2.2. It has cash and short-term investments of NT$2.1B.
Key information
168.3%
Debt to equity ratio
NT$17.05b
Debt
| Interest coverage ratio | 2.2x |
| Cash | NT$2.08b |
| Equity | NT$10.14b |
| Total liabilities | NT$28.98b |
| Total assets | NT$39.12b |
Recent financial health updates
Is Weikeng Industrial (TWSE:3033) A Risky Investment?
May 07
Weikeng Industrial (TPE:3033) Takes On Some Risk With Its Use Of Debt
Jan 19Recent updates
We Think You Should Be Aware Of Some Concerning Factors In Weikeng Industrial's (TWSE:3033) Earnings
Nov 25Is Weikeng Industrial (TWSE:3033) A Risky Investment?
May 07Read This Before Buying Weikeng Industrial Co., Ltd. (TPE:3033) For Its Dividend
Apr 13Returns On Capital At Weikeng Industrial (TPE:3033) Have Stalled
Mar 26Weikeng Industrial Co., Ltd. (TPE:3033) Has A ROE Of 9.5%
Mar 08Weikeng Industrial (TPE:3033) Shareholders Booked A 13% Gain In The Last Year
Feb 18Weikeng Industrial (TPE:3033) Takes On Some Risk With Its Use Of Debt
Jan 19Read This Before Buying Weikeng Industrial Co., Ltd. (TPE:3033) For Its Dividend
Jan 01Is Weikeng Industrial (TPE:3033) Likely To Turn Things Around?
Dec 14Does Weikeng Industrial Co., Ltd. (TPE:3033) Create Value For Shareholders?
Nov 26
Financial Position Analysis
Short Term Liabilities: 3033's short term assets (NT$38.5B) exceed its short term liabilities (NT$25.7B).
Long Term Liabilities: 3033's short term assets (NT$38.5B) exceed its long term liabilities (NT$3.3B).
Debt to Equity History and Analysis
Debt Level: 3033's net debt to equity ratio (147.7%) is considered high.
Reducing Debt: 3033's debt to equity ratio has reduced from 197.4% to 168.3% over the past 5 years.
Debt Coverage: 3033's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3033's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 17:13 |
| 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 |
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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
Weikeng Industrial Co., Ltd. is covered by 1 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 |
|---|---|
| Kumarpal Jain | Virtua Research Inc. |