Lifan Technology(Group)Co.Ltd Balance Sheet Health

Financial Health criteria checks 5/6

Lifan Technology(Group)Co.Ltd has a total shareholder equity of CN¥11.8B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are CN¥20.9B and CN¥9.1B respectively.

Key information

17.1%

Debt to equity ratio

CN¥2.01b

Debt

Interest coverage ratio	n/a
Cash	CN¥3.24b
Equity	CN¥11.77b
Total liabilities	CN¥9.09b
Total assets	CN¥20.86b

Recent financial health updates

Recent updates

Does Lifan Technology(Group)Co.Ltd (SHSE:601777) Have A Healthy Balance Sheet?

Nov 18

What Lifan Technology(Group)Co.,Ltd.'s (SHSE:601777) 38% Share Price Gain Is Not Telling You

Oct 10

Lifan Technology(Group)Co.Ltd's (SHSE:601777) Soft Earnings Don't Show The Whole Picture

Aug 30

Is Lifan Technology(Group)Co.Ltd (SHSE:601777) Using Debt In A Risky Way?

Aug 08

Revenues Not Telling The Story For Lifan Technology(Group)Co.,Ltd. (SHSE:601777) After Shares Rise 47%

Jul 12

Revenues Not Telling The Story For Lifan Technology(Group)Co.,Ltd. (SHSE:601777)

May 27

Is Lifan Technology(Group)Co.Ltd (SHSE:601777) Using Debt In A Risky Way?

Mar 25

Financial Position Analysis

Short Term Liabilities: 601777's short term assets (CN¥7.5B) exceed its short term liabilities (CN¥7.1B).

Long Term Liabilities: 601777's short term assets (CN¥7.5B) exceed its long term liabilities (CN¥2.0B).

Debt to Equity History and Analysis

Debt Level: 601777 has more cash than its total debt.

Reducing Debt: 601777's debt to equity ratio has reduced from 199.3% to 17.1% over the past 5 years.

Debt Coverage: 601777's debt is well covered by operating cash flow (39.7%).

Interest Coverage: Insufficient data to determine if 601777's interest payments on its debt are well covered by EBIT.

Lifan Technology(Group)Co.Ltd Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Does Lifan Technology(Group)Co.Ltd (SHSE:601777) Have A Healthy Balance Sheet?

Is Lifan Technology(Group)Co.Ltd (SHSE:601777) Using Debt In A Risky Way?

Is Lifan Technology(Group)Co.Ltd (SHSE:601777) Using Debt In A Risky Way?

Recent updates

Does Lifan Technology(Group)Co.Ltd (SHSE:601777) Have A Healthy Balance Sheet?

Now 21% overvalued after recent price rise

Third quarter 2024 earnings released: EPS: CN¥0.003 (vs CN¥0.004 in 3Q 2023)

What Lifan Technology(Group)Co.,Ltd.'s (SHSE:601777) 38% Share Price Gain Is Not Telling You

Lifan Technology(Group)Co.,Ltd. to Report Q3, 2024 Results on Oct 26, 2024

Lifan Technology(Group)Co.Ltd's (SHSE:601777) Soft Earnings Don't Show The Whole Picture

Second quarter 2024 earnings released: EPS: CN¥0.002 (vs CN¥0 in 2Q 2023)

Is Lifan Technology(Group)Co.Ltd (SHSE:601777) Using Debt In A Risky Way?

Less than half of directors are independent

Revenues Not Telling The Story For Lifan Technology(Group)Co.,Ltd. (SHSE:601777) After Shares Rise 47%

Lifan Technology(Group)Co.,Ltd. to Report First Half, 2024 Results on Aug 24, 2024

Revenues Not Telling The Story For Lifan Technology(Group)Co.,Ltd. (SHSE:601777)

First quarter 2024 earnings released: EPS: CN¥0.003 (vs CN¥0.009 in 1Q 2023)

Less than half of directors are independent

Full year 2023 earnings released: EPS: CN¥0.01 (vs CN¥0.03 in FY 2022)

Lifan Technology(Group)Co.,Ltd., Annual General Meeting, May 10, 2024

Lifan Technology(Group)Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024

Is Lifan Technology(Group)Co.Ltd (SHSE:601777) Using Debt In A Risky Way?

Lifan Technology(Group)Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 13, 2024

Third quarter 2023 earnings released: EPS: CN¥0.004 (vs CN¥0.015 in 3Q 2022)

Lifan Technology(Group)Co.,Ltd. to Report Q3, 2023 Results on Oct 28, 2023

New minor risk - Earnings quality

Lifan Technology (Group) Co., Ltd. to Report First Half, 2023 Results on Aug 22, 2023

Full year 2022 earnings released: EPS: CN¥0.03 (vs CN¥0.01 in FY 2021)

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.015 (vs CN¥0.002 in 3Q 2021)

Second quarter 2022 earnings released: EPS: CN¥0.009 (vs CN¥0.007 in 2Q 2021)

Full year 2021 earnings released: EPS: CN¥0.01 (vs CN¥0.04 in FY 2020)

Less than half of directors are independent

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS CN¥0.002 (vs CN¥0.65 loss in 3Q 2020)

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥0.007 (vs CN¥1.86 loss in 2Q 2020)

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS CN¥0.004 (vs CN¥0.15 loss in 1Q 2020)

Full year 2020 earnings released: EPS CN¥0.04 (vs CN¥3.58 loss in FY 2019)

New 90-day high: CN¥5.90

New 90-day low: CN¥4.73

Third quarter earnings released

Lifan Industry (Group) Co., Ltd to Report Q3, 2020 Results on Oct 30, 2020

New 90-day high - CN¥5.73

First half earnings released

New 90-day low - CN¥3.74

Chongqing Huiyang Holdings Co., Ltd cancelled the acquisition of 51% stake in Lifan Financing Leasing (Shanghai) Co., Ltd. from Lifan Industry (Group) Co., Ltd (SHSE:601777).

Lifan Industry (Group) Co., Ltd to Report First Half, 2020 Results on Aug 25, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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