002199.Sz
The company operates in the Technology Equipment sector, specializing in Electronic Equipment & Parts, and generates revenue primarily through the production and sale of electronic components and related technologies.
Business. The company operates in the Technology Equipment sector, specializing in Electronic Equipment & Parts, and generates revenue primarily through the production and sale of electronic components and related technologies.
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- Macro
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-06-25 · SE
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
- Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
- Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
- Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
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Synthesis
The company operates in the Technology Equipment sector, specializing in Electronic Equipment & Parts, and generates revenue primarily through the production and sale of electronic components and related technologies.
The company's capital structure is characterized by a debt-to-equity ratio of 0.81, indicating a moderate reliance on debt financing relative to equity. However, the company's liquidity position is assessed as medium, with a negative net cash position after subtracting total debt, which may pose challenges in meeting short-term obligations.
Profitability metrics show mixed results. The company reported a negative operating cash flow of -35,261,520 CNY, which is a concern given the industry's emphasis on operational efficiency and cash generation. While the company's debt-to-equity ratio is within a typical range for the sector, the negative cash flow suggests potential inefficiencies in converting operations into cash, which could affect long-term sustainability.
The company's revenue is not segmented by geographic region or product line in the available data, making it difficult to assess the concentration of risk or growth potential in specific markets or offerings. This lack of segmentation detail limits the ability to evaluate the company's exposure to regional economic shifts or product-specific demand trends.
Looking ahead, the company's growth trajectory is uncertain. The available data does not provide specific revenue growth projections for the current or next fiscal year, but the negative operating cash flow and capital expenditure of -21,715,940 CNY suggest that the company is investing in its operations, which could be a precursor to future growth. However, the absence of clear growth metrics makes it challenging to assess the company's future performance with confidence.
The company's risk profile includes a medium liquidity risk and a low dilution risk. The negative net cash position is a key flag, indicating potential liquidity constraints. The low dilution risk suggests that the company is not currently issuing a significant number of new shares, which is a positive sign for existing shareholders.
Recent events and disclosures do not provide specific details on recent filings or transcripts, but the company's financial snapshot indicates ongoing operational challenges, particularly in cash flow management. Investors should monitor the company's ability to improve its cash flow and manage its debt obligations effectively.
- The company has a moderate debt-to-equity ratio, but its negative operating cash flow raises concerns about liquidity and operational efficiency.
- The company is investing in capital expenditures, which may indicate a strategy for future growth, but the lack of clear revenue growth projections makes it difficult to assess the effectiveness of these investments.
- The company's risk profile includes a medium liquidity risk and a low dilution risk, suggesting that while it faces some financial constraints, it is not currently issuing a significant number of new shares.
- The absence of detailed geographic and product segment data limits the ability to evaluate the company's exposure to regional and product-specific risks.
- Investors should closely monitor the company's cash flow management and debt obligations to assess its long-term sustainability and growth potential.
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- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- 002199.SZ Market data — financials · 2026-05-26
- Zhejiang East Crystal Electronic Co Ltd Market data — analyst estimates · 2026-05-26
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Intel & risk
4 tracked-field change(s) detected vs prior analysis; max severity: medium.
- Dilution risk— → lowlow
- Liquidity risk— → mediumlow
- Activity— → Technology Equipmentmedium
- Economic sector— → Technologymedium